Tag: automotive industry
Tesla faces criticism over new pricing strategy, self-driving promises
Tesla is facing some pushback over its April 20 quarterly earnings call as investors and industry insiders contend with the automaker's new stances on...
AutoNation posts declining profits in Q1, will take ‘more cautionary approach’
AutoNation published its quarterly earnings report on April 20, shedding new light on the difficulties facing the dealership group as looks to stay ahead...
Due to excessive demand, New Jersey stops EV subsidy program
New Jersey officials have reported that residents looking to buy or lease an EV won't be able to temporarily since the state's program has...
Weekly roundup: Tesla Q1 earnings, Buick debuts last ICE, revised EV...
Earlier this week: Rivian announced the expansion of its Adventure EV charging network, Lincoln debuted its new Nautilus SUV, the Treasury Department's revised EV...
Tesla reveals lower profits, new Cybertruck details during Q1 earnings call
During Tesla's quarterly earnings call, worries over the automaker's declining profits were confirmed as the company revealed its net income had declined 24% from...
Jaguar Land Rover invests $18 billion in electric future, rebrands to...
Jaguar Land Rover will undergo significant changes as it transitions to an electrified future. The automaker unveiled additional information regarding its comprehensive "Reimagine plan,"...
The dealership M&A landscape is changing: Is now a good time...
With economic headwinds and the return of competitive pricing at the dealership, many storeowners want to know if now is a good time to...
Rivian has big plans to expand its EV charging network
Given the poor status of third-party charging, Rivian is constructing a proprietary fast-charge network quickly and will make it available to the public as...
131,700 Ram pickups to be recalled over engine-related software error
Stellantis is planning to recall roughly 131,700 Ram pickups, citing a software issue that could cause the engines to stall.
According to the automaker's case...
Wholesale used vehicle prices changing course in April
After seeing unexpected increases in February and March, wholesale used vehicle prices have started to drop once more.
Cox Automotive reports that the Manheim Used...