Tag: automotive news
United Auto Workers members end strike at ZF plant
United Auto Workers members at Alabama's ZF factory reached a deal with company executives on Wednesday, ending a 29-day strike.
On September 20, roughly 190...
Why consumers are avoiding the used car market — Karl Brauer...
The used car market has rapidly transformed in recent years under the weight of the COVID pandemic and constricted manufacturing. As vehicle inventories started...
Senators launch effort to block strict emissions standards
Twenty-five Republican Senators and Democratic Sen. Joe Manchin are backing a bill that would nullify the Environmental Protection Agency's (EPA) recently pitched emissions standards.
Announced...
Tesla earnings disappoint, raise questions for Q4
Tesla struggled to build momentum in the third quarter, causing it to stumble on earnings and miss analyst forecasts.
From July through September, the electric...
How to identify the best data collection partner for your dealership
Data collection is a challenging task for car dealers despite being a crucial component in modern automotive retail. Companies must be careful in how...
General Motors delays electric pickups, postpones Investor Day
General Motors has postponed production of its Chevrolet Silverado and GMC Sierra electric pickups until 2025, one year later than originally expected.
The delay will...
AutoNation exits bidding war for UK’s Pendragon
AutoNation on Tuesday rescinded its offer to purchase U.K.-based automotive retailer Pendragon, roughly three weeks after joining a bidding war composed of America's largest...
Giving business owners a voice: why this M&A advisor is running...
As business owners, dealers have the ability to make an immense impact on their communities through their professional connections, wealth, and large customer base....
Affordable car prices, wage growth negate rate hikes in September
Car buyers enjoyed a more affordable new vehicle market in September in spite of rising interest rates and economic headwinds.
According to Cox Automotive's monthly...
Auto lobby group warns fuel-efficiency standards would raise car prices
The Alliance for Automotive Innovation, a lobby group representing major U.S. automakers, including the Detroit-Three, has submitted a new challenge to the National Highway...