Tag: electric vehicles
Mercedes-Benz EV sales skyrocket in Q3
Excluding commercial vans, Mercedes-Benz reported 71,908 car sales in the U.S. during the third quarter of 2023. This is a 1.8% decrease from last...
Stellantis and Samsung announce new electric vehicle battery plant
Stellantis and Samsung SDI today announced plans to build another electric vehicle battery factory in Kokomo, Indiana.
With this move, the companies will eventually operate...
Q4 strategies to boost dealership profits — Aaron Bickart | OfferLogix
Vehicle inventories have grown over the last year as supply chains around the world have improved but at the expense of dealership profits. After...
BMW breaks quarterly electric vehicles sales record
BMW broke its previous electric vehicle sales record in the U.S. as overall sales rose 8% year-over-year during the third quarter.
From July through September,...
Lucid unveils the RWD Air Pure variant, offering 410 miles of...
ev Lucid unveiled a new Air Pure sedan with rear-wheel drive (RWD), starting at $77,400. The new trim completes the portfolio of Lucid’s flagship...
United Auto Workers scores “transformative win” at GM, delays further strikes
United Auto Workers president Shawn Fain took to social media on Friday afternoon to announce major updates in the union's negotiations with Detroit-Three automakers.
Similar...
U.S. Treasury Department releases new proposed guidance for EV tax credits
The U.S. Treasury Department revealed its proposed guidance for point-of-sale discounts on electric vehicles that many consumers will be able to obtain beginning January...
Weekly roundup: UAW talks intensify, U.S. auto sales hold steady, Ford...
Earlier this week: The Detroit-Three and the United Auto Workers union have ramped up their contract negotiations, as reported by sources and further confirmed...
GM keeps lead over Ford, Honda accelerates car sales, Toyota scores...
Car sales held steady in September, boosting third-quarter volumes at major domestic and import automakers in the U.S.
Japanese automakers saw solid year-over-year improvements in...
How electric cars are reshaping the future of service business
Since electric cars hit the road and have slowly become more mainstream, service departments have been wondering how to maintain the more profitable parts...