Tag: automotive industry trends
Next-gen vehicle interiors: Innovations in cabin design, connectivity, and UX
Automakers are in a race to reinvent vehicle interiors for today’s high-tech, connected customers. While performance, safety, and efficiency are still important factors, more...
UAW president Fain denounces Stellantis proposal amidst negotiations
Shawn Fain, president of United Auto Workers (UAW), denounced an agreement offered by Stellantis amidst ongoing contract negotiations between Detroit automakers and union representatives.
In...
New car prices see slight increase in July as inventory recovers
New car prices rose only 0.4% year-over-year in July, the smallest annual increase in a decade.
According to Cox Automotive, average transaction prices reached $48,334...
Why relationships are crucial to fixed operations growth — MC Watson...
Driving more consumers into the service bay is important for car dealers looking to grow their business, especially considering that fixed operations revenue typically...
How AI is revolutionizing automotive sales and marketing
The auto industry has always been a trailblazer in adopting cutting-edge technology in manufacturing, marketing, and in vehicles. Artificial intelligence (AI) is now driving...
Battery technology: understanding the heart of EVs
Life and the auto industry have taught us many things, and one of the significant teachings is that there's no free lunch. The push...
Lucid reaffirms production target despite underwhelming earnings
Lucid has confirmed it is on track to meet its annual production target of 10,000 electric vehicles, despite scoring lower-than-expected revenue in the second...
General Motors expands V2H-capable electric vehicle lineup
General Motors plans to offer bidirectional charging technology, also known as vehicle-to-home (V2H) charging, on a wider list of upcoming electric vehicles than previously expected,...
The halfway point: where car dealers see themselves in the next...
For the better part of seven decades, the Courtesy Automotive Group, one of the top car dealers in the U.S., has been known for...
Tesla CFO steps down amidst falling margins and electric vehicle price...
Zach Kirkhorn, chief financial officer of Tesla and long-time Elon Musk ally, has formally resigned from his position, ending a 13-year tenure at the...