Tag: electric vehicles
Dealer principal warns: affordability challenges loom for car buyers – Cole...
Independent dealers typically have a price advantage that is attractive to consumers, especially now as inflation remains high. Cole Frankman, Dealer Principal of Frankman...
Tesla shareholders approve Elon Musk’s $56 billion pay package
In a significant show of support for CEO Elon Musk's leadership, Tesla shareholders have approved his $56 billion pay package, marking a big incentive...
All-Electric Jeep Renegade confirmed to start under $25,000
Jeep has officially confirmed the launch of an all-electric Renegade, starting at under $25,000, as part of its strategy to expand into new markets....
Consumers shift to used cars amid frustration with tech-heavy new models
Welcome back to the latest episode of the Future of Automotive on CBT News, where we put recent automotive and mobility news into the...
Ford hires top talent from Tesla, Rivian, and more to develop...
In its bid to introduce more affordable electric vehicles, Ford has aggressively recruited top engineers from leading EV companies like Tesla, Rivian, Apple, and...
Ionna establishes headquarters in Durham, NC, to revolutionize EV charging infrastructure
Late last year, seven major automakers—BMW, Honda, General Motors, Hyundai, Kia, Mercedes-Benz, and Stellantis—announced a joint venture to build accessible public DC fast charging...
Fisker recalls thousands of Ocean SUVs in U.S. and Europe due...
Electric vehicle startup Fisker announced on Wednesday that thousands of Ocean SUVs in North America and Europe are being recalled due to software issues,...
Connected marketing: What is connected marketing and why does it matter...
Car dealerships receive sales and service leads through many channels. While your dealership’s experience may vary, many dealerships spend their monthly advertising dollars on...
General Motors adjusts EV production targets amid slower demand growth
General Motors (GM) has revised its electric vehicle (EV) production target for 2024, lowering it from 200,000-300,000 units to 200,000-250,000 units due to slower-than-expected...
Kia recalls over 2,000 EV9 electric SUVs due to inadequate headliner...
Kia has announced a recall for 2,401 of its newly launched EV9 electric SUVs in the U.S. due to inadequate headliner protection during a...