Tag: automotive trends
Hertz reports Q3 loss due to failed EV bet
Hertz Global Holdings reported a challenging Q3 2024, with revenue totaling $2.6 billion—a 5% decrease year over year. This marks the company's fourth consecutive...
Waymo expands robotaxi services to all of LA, targets national growth
On November 12, Alphabet's Waymo swiftly removed its waitlist and expanded its robotaxi service to all of Los Angeles.
Almost overnight, a staggering number of...
First quarter new vehicle sales set to rise despite slower March
Analysts project new vehicle sales will rise in the first quarter despite a demand cooldown observed in March, as echoes from the post-pandemic boom...
How dealers can attract and retain employees post-COVID – David Meraz...
Recruiting and retaining new and capable workers has been an ongoing challenge for dealers due to the low unemployment rates and rising customer demands....
General Motors appoints Norm de Greve as new CMO and senior...
On July 18, Norm de Greve was appointed senior vice president and chief marketing officer at General Motors.
De Greve joins GM after serving as...
GM to stop making Chevy Bolt after increasing 2023 guidance
Coming off one of its most successful quarters, General Motors has revised its 2023 guidance to account for greater earnings and revenue than it...
Tesla surpasses 4 million in cumulative global sales
According to a new global sales analysis, Tesla has completed an important objective on its path to becoming a prominent international brand.
The study, conducted...
NADA President Mike Stanton on building bridges between OEMs and dealers
The role dealers play in shaping the future of the car business is more essential than ever, but do manufacturers see it that way?...
Unconventional Polestar 4 will launch next year without a rear window
Polestar has revealed the Polestar 4, the latest in its growing lineup of electric vehicles and the brand's first "SUV Coupé."
The automaker unveiled the...
Investment firm foresees financial struggles for Rivian, cuts price target by...
Piper Sandler believes that in order to compete with Tesla, Rivian, an EV manufacturer, must address finance issues.
On Thursday, April 13, the company lowered...
