Tag: electric vehicles
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...
Kevin Tynan’s insights on Trump’s policies and impact on the auto...
As the Presidential election results settle, many industries are bracing for the impact of new policies, and the auto industry is no exception.
In...
Ford boosts discounts on EVs for year-end sales event
Ford, the Detriot automaker, is boosting savings on its electric vehicle (EV) lineup as part of its new year-end sales event, making it easier...
Tesla stock jumps 7% due to Trump’s AV regulatory plans
On Monday, Tesla's shares surged by a staggering 7.4% following a Bloomberg report that announced that President-elect Donald Trump's team plans to create a...
New vehicle affordability improves in October, marking best levels since August...
New vehicle affordability showed significant improvement in October, as lower interest rates, increased incentives, and income growth all worked in favor of consumers.
According to...
Sonic Automotive’s record-setting quarter driven by technicians, EV sales, and strategic...
In today's episode of Inside Automotive, we're joined by Jeff Dyke, President of Sonic Automotive, who shares exciting insights into the dealership group's impressive...
Mastering the 8 principles of influence to boost your sales performance
Good morning, and welcome to your Saturday morning sales meeting with Jonathan Dawson, founder and president of Sellchology. Today, we’re diving into the power...
GM cuts nearly 1,000 jobs in global restructuring push
General Motors (GM) is laying off nearly 1,000 employees globally, with most of the job cuts occurring in the United States.
The Detroit-based automaker confirmed...
Trump’s transition team eyes repeal of EV tax credit, sparking concerns...
The Trump transition team is considering eliminating the $7,500 consumer tax credit for electric vehicle (EV) purchases as part of broader tax reforms. This...
Jose Muñoz appointed global CEO of Hyundai Motor, effective January 1
On November 14, Hyundai Motor Company announced a significant shift in its C-suite leadership team. Jose Muñoz, COO of Hyundai Motor and CEO of...
