Tag: automotive trends
Trump’s energy agenda puts fossil fuels back at the center
President-elect Donald Trump is preparing a broad energy package to bolster U.S. oil and gas production while rolling back key climate-focused policies from the...
SUV market share hits record despite affordability crisis
SUVs continue to dominate the U.S. auto market, capturing 58% of all vehicle transactions between January and October 2024—a record high, according to Edmunds....
Slowing EV sales prompt Porsche to delay electric push
Porsche is undergoing a significant strategic shift by reintroducing combustion engines and hybrid models into its vehicle lineup. This decision marks a notable departure...
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...