Tag: automotive industry trends
USPS buys 9,250 Ford E-Transit vans after initial charging launch
The United States Postal Service (USPS) announced its purchase of thousands of Ford-produced battery-powered vans shortly after unveiling its first electric vehicle charging stations.
Both...
UAW Chief Fain demands government pension support, declines to endorse Biden
Shawn Fain, President of the United Auto Workers (UAW), called for the government to ensure pension security for workers if corporations don't pay won't...
The key to providing a first-in-class digital experience — Ted Rubin...
With so many of today's car buyers opting to shop online, your dealership's digital experience has become more important than ever. However, with the...
IDTechEx foresees big tech takeover in automotive industry
Market intelligence platform IDTechEx believes major technology firms may soon rule the automotive business as car manufacturers rely more heavily on third-party software and...
Tavares defends Stellantis pricing strategy, warns of “race to the bottom”
Stellantis CEO Carlos Tavares defended the company's decision to avoid price cuts during a presentation on its new electric vehicle platform.
The comments arrive shortly...
How will this year’s auto retailing market compare to 2023? —...
With the 2024 auto market now well underway, dealers are anxious to know how their businesses will perform this year compared to last. Taking...
Trends and predictions for dealers to know in 2024
2024 will be another year of significant transformation for the automotive retail environment. Shifting product mixes, evolving consumer demands and emerging ways to leverage...
New and used vehicle inventory remain stable to start off year
New vehicle inventory fell while used vehicle inventory rose over the course of December 2023, as demand continued to fluctuate in response to post-pandemic...
Ford cuts Lightning production again, ramps up Bronco, Ranger manufacturing
Ford again cut production of its F-150 Lightning electric pickup on Friday but boosted manufacturing targets for the Ranger truck and Bronco SUV.
Although the...
Rising labor costs propel automakers toward robotics and automation
Welcome back to the latest episode of The Future of Automotive on CBT News, where we put recent automotive and mobility news into the...