Tag: automotive industry trends
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...
FTC postpones CARS rule after open meeting, following NADA, TADA petition
This story was originally published January 17 but has been updated to reflect new details. Scroll down to see the edit.
The Federal Trade Commission...
The future of electric vehicle charging — Mike Battaglia | Blink...
Many dealers have become disillusioned with the electric vehicle market in the post-pandemic car market as technological and infrastructure limitations continue to suppress sales....
American Honda eyes sales gains for 2024, re-affirms EV commitment
Honda forecasts higher sales in the U.S. over the next 12 months after making an impressive comeback over the course of 2023.
The automaker sold...
