Tag: automotive industry trends
New vehicle affordability improves in July as monthly payments fall
Purchasing a new vehicle became easier in July, according to Cox Automotive, as the post-pandemic car market normalized under growing inventory and more incentives.
After...
New study says low charging satisfaction could limit electric vehicle adoption
Electric vehicle adoption could be stymied by a lack of charging infrastructure and low customer satisfaction scores, according to a new study by J.D....
Biden urges automakers, UAW to strike deal before September strike
President Biden is urging car manufacturers and union leaders to forge a deal and avoid a strike as exchanges between Big-Three automakers and UAW...
Ford to include BlueCruise, hands-free driving with select 2024 models
Ford will include its driver-assistance software, BlueCruise, on several 2024 models by default.
The car manufacturer announced the new plan on Monday, August 14. Previously,...
The future of EVs: A glimpse into emerging technologies
The automotive industry is in the long process of a groundbreaking transformation, with electric vehicles (EVs) being promoted as the forefront of the evolution.
As...
Haig Partners represents BMW dealer in 40th northeast sale since 2020
Haig Partners assisted with the sale of BMW of Bridgeport to Mauro Motors in the mergers and acquisitions firm's 40th dealership sale in the...
Tesla to build its own data centers as it scales self-driving...
Electric vehicle maker Tesla is planning to enter the data business with the launch of a "1st of its kind" data center as the...
Stellantis, UAW clash over electric vehicle price points
Leaders from Stellantis and United Auto Workers (UAW) clashed over electric vehicle price points amidst ongoing contraction negotiations between Detroit-Three automakers and union representatives.
Although...
Why dealers are returning to the M&A market after COVID —...
In July, Zeigler Auto Group acquired Elhart Automotive, which includes Elhart's Kia, Hyundai, Nissan and GMC dealerships. On this episode of Inside Automotive, host...
Q&A with ACV: Managing used EV inventory for greater sales success
As the automotive industry experiences a rapid acceleration of electric vehicle trends, dealerships must adapt to this changing landscape to seize new business opportunities....
