Tag: automotive industry trends
New vehicle prices are falling. Why aren’t dealers worried? —...
New vehicle sales are holding steady in the U.S. as dealers prepare for a busy market in the months ahead. Unfortunately, the same can...
For buyers and sellers, EV range is still too confusing
Even though an EV’s range seems like it should be a single number, there are actually three types of electric vehicle range that can...
Dealerships explore new strategies to win over younger car buyers
Imagine a family-owned dealership deeply rooted in tradition but now facing a pressing dilemma: attracting the elusive younger generation. As digital platforms and social...
Rivian pauses Georgia plant to focus on 3 new electric SUVs
Electric vehicle startup Rivian unveiled not one, not two, but three new battery-powered SUVs during a presentation hosted by founder and CEO RJ Scaringe...
President Biden talks UAW, skips EVs in State of the Union...
During his final State of the Union address before the 2024 White House election, President Joe Biden highlighted his administration's alliance with the United...
Shrinking car markets intensify competition among automakers
Welcome back to the latest episode of The Future of Automotive on CBT News, where we put recent automotive and mobility news into the...
Automotive weekly roundup: Ford pledges $2 million for technician scholarships, GM...
Earlier this week: Ford addressed the ongoing technician shortage by partnering with dealers to provide $2 million in scholarships through the Ford Auto Tech...
The Tesla Cybertruck experience: where do consumers stand?
Rather than losing charm in the months after its highly-publicized release, the Cybertruck, and its ability to intrigue as much as it confounds, has...
83% of American drivers prefer self-charging hybrids over plug-in EVs, survey...
Jerry's 2024 State of the American Driver Report presents key findings from a national survey of over 1,200 drivers, offering insights on insurance trends,...
Wholesale used vehicle prices rebound in late February, sales jump 18%
Wholesale used vehicle prices dropped in the first days of February but rebounded just before March, according to the latest Cox Automotive Manheim Used...