Tag: dealership news
Weekly roundup: Tesla’s record-breaking quarter, Toyota’s new solid state EV batteries
Earlier this week: Tesla reported that it sold a total of 466,140 units between April and June while manufacturing 479,700 electric vehicles. Toyota announced...
Ford sees uptick in pickup, electric vehicle sales thanks to improved...
Ford saw increased sales in the second quarter thanks to improved electric vehicle inventory and increased pickup demand in the U.S.
From April through June,...
Musk praises Chinese artificial intelligence as Tesla faces tough competition
Tesla CEO Elon Musk praised China's work on artificial intelligence during a Thursday event in the country.
Speaking by video to attendees of the state-run...
Starting an automotive sales career? Here’s what dealers look for —...
Among the many career paths in the car business, few are as challenging or rewarding as a job in automotive sales. But with a...
Electric vehicle supply beats ICE for first time as sales improve
Electric vehicle inventory rose to new heights over the second quarter, dwarfing supplies of gas-powered cars in the U.S.
According to Cox Automotive, the average...
Toyota developing EV batteries with twice the power and half the...
Toyota says it has made a breakthrough in solid-state electric-vehicle batteries, which will significantly reduce manufacturing costs while providing greater performance than current models.
On...
Tesla sales, production numbers nearly double in Q2 as EV market...
Tesla's quarterly performance once more surpassed analyst expectations, with electric vehicle sales and production numbers rising sharply on both a quarterly and yearly basis.
The...
Identifying new opportunities in the fixed operations space — Jade Terreberry...
Many car dealers understand the importance of service departments, but are they aware of the new opportunities in today's fixed operations business? In this...
Stellantis ends 7-quarter decline with 6% sales growth in Q2
Stellantis saw higher year-over-year sales in the second quarter on the backs of higher demand in the U.S. and a strong showing from its...
The retail automotive landscape: ‘Not out of any woods’ — Joe...
Technology, shortages, and consumer demands have shaped much of today's retail automotive landscape. As the industry closes out the second quarter and looks ahead...