Tag: car dealership
Consumer comfort with automated vehicles may be overstated — J.D. Power
The J.D. Power 2022 US Mobility Confidence Index (MCI) study shows that consumer readiness for automated vehicles (AV) remains low, dropping three points from 2021.Â
The...
Rivian production rose 67% in Q3, confirms 7,363 electric pickups and...
Electric vehicle maker Rivian announced that it produced more than 7,000 vehicles in the third quarter. The number marks the highest quarterly total for...
Former Tesla and Lyft exec. Jon McNeill joins General Motors board...
Former Tesla and Lyft executive Jon McNeill is joining the board of directors at General Motors. In a press release, the automaker touted McNeill's...
Why tires are the key to customer retention in the service...
There has been significant innovation in the EV market throughout the past few years, changing the solutions offered in service lanes. TraXtion, formerly tire...
Toyota, Hyundai, Kia US auto sales improved in September
Supply chain constraints and inventory shortages continue to plague many automakers, and the sales volume numbers for September show a mixed picture of improvements...
How to leverage digital transformation to improve auto financing processes —...
The auto retail industry is undergoing unprecedented digital transformation and technological innovation. More than ever, customers looking to buy a new or used car...
New York joins California to ban sale of new gas-powered cars...
New York will mandate all new vehicle purchases in the state to be zero-emission starting in 2035. New York Governor Kathy Hochul made the...
Lordstown Motors starts production of Endurance electric pickup after delay
Lordstown Motors announced it has started commercial production on its highly anticipated Endurance EV pickup. The relatively new company received initial financial backing from...
CarMax Q2 earnings fall short, says inflation is shrinking car demand
CarMax saw its stock plummet after an announcement that it missed second-quarter earnings expectations. Shares dropped nearly 25%, marking a new 52-week low. CarMax...
Porsche and Atlis Motor Vehicles finalize IPOs
Welcome to this episode of The Friday 5 with Steve Greenfield, Founder and CEO of Automotive Ventures, an auto technology advisory firm that helps...