Tag: automotive news
Morgan Automotive Group makes M&A history with purchase of Al Hendrickson...
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This week, Haig Partners served as the exclusive sell-side advisor for the most expensive dealership purchase in history with the sale of Al...
Edmunds discovers low brand loyalty rates among EV buyers
Electric vehicle customers are highly likely to consider new brands when shopping for a product, according to an Edmunds study on brand loyalty in...
Ex-CEO Ghosn sues Nissan for $1 billion over alleged defamation
Ex-Nissan CEO Carlos Ghosn has filed a lawsuit against his former employer, seeking $1 billion in compensation for alleged defamation, slander, libel and fabrication...
Stellantis invests $325 million into 10 sustainable mobility startups
Stellantis Ventures, the investment arm of the automotive giant, has made significant financial commitments to fuel the growth of 10 startups and a mobility...
Weekly roundup: GM’s new EV battery plant, direct-to-consumer sales banned in...
Earlier this week: General Motors announced that it will follow Ford's lead and adopt Tesla's North American Charging Standard. Florida Governor and presidential hopeful...
New vehicle affordability improved in May despite higher prices and interest...
In May, the affordability of new vehicles experienced a slight improvement compared to previous months, according to new data from Cox Automotive. This positive...
U.S. and U.K. talk electric vehicle incentives, negotiations underway
Negotiations between the U.S. and U.K. are underway to arrange a deal granting U.K. businesses access to electric vehicle incentives in the Biden Administration's Inflation...
AI has arrived and it will change the automotive industry forever
Welcome to another edition of The Future of Automotive, with Steve Greenfield, Founder, and CEO of Automotive Ventures, where I put recent automotive and...
May auto sales come in hotter than projections but cool down...
May’s new auto sales are defying even Cox Automotive’s initial expectations. It looks like the release of pent-up demand due to an increase in...
Ford recalls Lincoln SUVs for potential fire risk, warns drivers to...
Ford is recalling 142,734 Lincoln vehicles over a potential fire hazard and has advised owners to park outside until they can visit their dealership...
