Tag: dealership news
Subaru revamps electric vehicle strategy, now targets U.S. sales of 400,000
Subaru has reenvisioned its electric vehicle sales targets in a sudden and drastic shift from its historically tempered expectations.
The automaker initially hoped to sell...
From disruptor to insider: technology’s impact on Tesla — Kevin Tynan...
In recent years many car manufacturers have sought to shed their "old-school" appearances, with companies such as Tesla and Rivian branding themselves as tech...
Car manufacturers seeking lithium supply from Exxon-owned site
Multiple car manufacturers, including Tesla and Ford, are seeking access to a potential lithium supply owned by Exxon Mobil.
The gas supplier is presently excavating...
California to review vehicle data collection amidst privacy concerns
California regulators are investigating data collection practices used by car manufacturers over privacy concerns.
The California Privacy Protection Agency (CPPA) on Monday announced it would...
Toyota sales rise in first half of 2023 even as U.S....
Toyota saw global sales rise in the first half of 2023, even as its position in the U.S. was challenged by competitors.
For the first...
VinFast breaks ground on first U.S. electric vehicle factory
Vietnamese electric vehicle manufacturer VinFast broke ground on its first U.S. factory on July 28, kicking off a two-year process to create a production...
Fine-tuning the service experience for today’s car buyers — John Myers,...
Toyota Motor North America's digital retailing service Smartpath makes it easier for shoppers to buy and finance their vehicles online. Now the brand is...
More inventory, more sales: analyzing the second quarter — Jeff Dyke...
Despite the announcement of suspending operations at several EchoPark locations and delivery/buy centers, Sonic Automotive is yet again reporting all-time revenue records. On this...
NHTSA proposes new fuel-economy standards for the 2027 to 2032 model...
Federal officials are recommending tighter fuel economy requirements for light-duty cars and trucks, claiming that the revised regulations would reduce pollution and save consumers...
Economy outpaces Q2 forecasts, Fed hikes interest rates
The American economy grew faster than expected in the second quarter, leading the Federal Reserve to raise interest rates once more in an effort...