Tag: automotive industry
Electric vehicle startups post mixed Q4 earnings results
Three electric vehicle startups, Lucid, Rivian, and VinFast, posted their fourth-quarter results this week amidst a backdrop of souring forecasts on the battery-powered car...
New study debunks range anxiety myth for EVs
Since introducing electric vehicles (EVs) to the automotive sector, several consumers have lingered around the prevalent issue of range anxiety.
Range anxiety refers to the...
Understanding the latest dealership marketing trends — April Simmons | Horne...
Dealership marketing trends have evolved rapidly in recent years as consumer preferences and industry conditions have changed. With so much to keep track of,...
How the car market is adjusting to interest rates and inflation...
In 2023, the U.S. faced increased interest rates and rapid inflation, both of which placed heavy pressure on car buyers and retailers alike. On...
UAW strike on hold after Ford reaches tentative agreement with union
Ford has reached a tentative agreement with United Auto Workers (UAW) members at its Kentucky Truck Plant, narrowly avoiding the deadline to prevent another...
Dealership service revenue increases in January
Fixed-ops revenue and service demand ticked up in January, offsetting the impact of declining car prices seen throughout the month.
Data from Cox Automotive indicates...
How state dealer associations are tackling EV headwinds — Christine Vinatieri-Erickson
On this episode of Inside Automotive, host Jim Fitzpatrick is joined by Christine Vinatieri-Erickson, president of the South Dakota Auto Dealer Association (SDADA) and...
GM issues second stop-to-sale order due to software issues, CEO acknowledges...
On February 19, General Motors (GM) put out a stop-sale order on all 2024 Chevrolet Colorado and GMC Canyon midsize trucks, following a December...
Ford discounts electric Mach-E as EV competition heats up
Ford has cut prices on last year's Mach-E lineup as it looks to boost competition with Tesla and improve upon its marginal electric vehicle...
Wholesale used vehicle prices dip in early February but demand rises
Wholesale used vehicle values declined in the first two weeks of February, following similar drops in listing prices and inventory levels seen across the...