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Customer satisfaction with dealership service departments improved marginally in 2024 but suffered due to persistent complaints.

Service department satisfaction held back by long wait times, EV issues

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Customer satisfaction with the dealership service experience improved slightly in 2024 but was held back from a stronger increase due to frustrations with the...
Software firm Arm says it has designed a new computer chip that will help self-driving car makers improve safety and accelerate development.

Arm looks to accelerate self-driving car development with new computer chip

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Software company Arm has unveiled a new computer chip design tailored for self-driving cars that it says will help the automotive industry accelerate the...
Fisker is allegedly in talks with two bankruptcy consultancies as it seeks to negotiate deals that would provide much-needed funds.

Fisker in talks with bankruptcy advisers as search for funds continues

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Electric vehicle startup Fisker has allegedly hired bankruptcy consultants shortly after warning investors that it may not have enough cash to last the year. The...
UBE expects the EV battery supply chain facility to open in the latter half of 2026 but will begin construction later this year.

Japan’s UBE to build first U.S. factory for crucial EV battery...

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The first facility in the U.S. for producing dimethyl carbonate (DMC) and ethyl methyl carbonate (EMC), two materials essential to electric vehicle (EV) battery...
Jeff Dyke joins Inside Automotive to discuss how Sonic Automotive achieved its third most profitable year in 2023.

Balancing growth to maximize dealership competitiveness — Jeff Dyke | Sonic...

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In 2023 Sonic Automotive, one of the nation’s largest automotive retailers, saw an all-time record annual revenue of $14.4 billion despite some challenges, like...
Veronica Dunford joins CBT News for the first episode of Women Driving the Industry, to discuss the importance of Women in Automotive.

How to fight the ‘boy’s club’ mentality in the automotive sector...

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Thanks to efforts from across the car industry, there are an increasing number of women in automotive roles, adding fresh prespectives to the business...
New vehicle prices weakened in February as incentives, sales, and inventory surged, making the market more consumer friendly.

New vehicle prices continue falling in February as sales pace accelerates

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New vehicle prices dropped again in February, progressing toward pre-pandemic averages while sales and inventory improved. According to Cox Automotive, the average new vehicle transaction...
Electricity has been restored to Tesla's German-based Gigafactory one week after a suspected sabotage took out a nearby pylon.

Tesla’s Gigafactory Berlin back online after suspected arson

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A Tesla Gigafactory close to Berlin has regained electricity after a fire, believed to be caused by arson, disabled a nearby pylon last week. Following...
Discover why consumers are flocking to F&I products in today's uncertain market and how dealers can capitalize on this trend

Why the demand for F&I products is rising – Adam Marburger...

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In the current economic climate, where interest rates are high, and vehicle prices are soaring, more and more consumers are opting for F&I products...
Discover how DCD Automotive Holdings' acquisition of a pre-owned superstore reflects growth in the resilient used car market.

Why this dealership group is expanding its used car operations –...

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At a time when large retailers are closing many pre-owned locations, family-owned and operated DCD Automotive Holdings announced that they have purchased a pre-owned...