Tag: automotive industry trends
U.S. tightens guard on auto industry as China’s EV surge
Federal officials are sounding the alarm on China's rapidly growing electric vehicle market, sharing doubts that the domestic automotive industry is prepared for overseas...
Navigate technician shortages by deploying new fixed-ops technologies — Dave Foy...
Fixed-ops teams remain an essential component of the retail automotive sector's ongoing success, providing valuable services to drivers and helping dealers establish long-term customer...
Exploring paths to success in the automotive industry — Fred Lennartz...
The automotive industry is a thriving business sector, filled with passionate professionals who are eager to see others grow and succeed as they have....
Tax season: the strategic play in a dynamic market
We are two years removed from the height of the pandemic and the automotive market has never been more volatile than it is now....
BMW courts competitors’ electric vehicle customers with $1,000 discount
BMW is offering electric vehicle customers from other brands a $1,000 discount if they purchase select models until April 1, 2024.
For the next three...
General Motors to deploy hydrogen fuel-cell trucks at U.S. worksites
General Motors and the Department of Energy are investing a combined $65 million to deploy hydrogen fuel-cell work trucks across the U.S.
The new trucks,...
Toyota EVP Jack Hollis on EVs, vehicle affordability, and inventory
Toyota has taken a slower path to electrification than its competitors, choosing instead to prioritize hybrid and hydrogen-fueled vehicles. Although this tendency won the...
Marc Cannon explores the key drivers of change in the automotive...
The automotive industry is off to a strong start in 2024, leveraging stable consumer demand and improving economic conditions to drive sales. However, while...
MileOne acquires Koons Wilmington Lexus from Asbury Automotive
MileOne Autogroup purchased a Delaware Lexus dealership from Asbury Automotive just months after the seller acquired the storefront from the Jim Koons group.
The transaction...
J.D. Power lowers 2024 electric vehicle sales forecast
Electric vehicle sales are projected to rise in 2024 but analysts are dialing back expectations as the automotive industry grapples with challenges limiting consumer...