Tag: electric vehicles
LG Energy Solution’s profits plummet nearly 40% amid sluggish EV demand
LG Energy Solution reported a significant operating profit drop of nearly 40% for the third quarter, attributing the decline to sluggish demand for electric...
Adapting auto marketing for the long funnel – April Simmons |...
In a market where consumers stay longer in the sales funnel, April Simmons, Corporate Internet and Marketing Director at Horne Auto Group is reshaping...
How vAuto Conquest helps dealers tackle year-end inventory challenges – Derek...
Fall is here, which means the model-year changeover is upon us—and dealers will be looking to move current inventory off their lots to make...
VW’s Scout Motors reveals an electric SUV and truck with extended-range...
On Thursday, Volkswagen's Scout Motors unveiled its concept electric SUV and truck, announcing extended-range versions that include a small gasoline engine to address U.S....
Stellantis invests $29.5M in wind tunnel tech to boost EV range...
Stellantis has invested $29.5 million in advanced wind tunnel technology at its research and technical center in Auburn Hills, Michigan. This investment aims to...
U.S. greenlights major lithium mine in Nevada to challenge China’s supply...
The U.S. government has approved the construction of a massive lithium mine in Nevada, aiming to disrupt China’s hold over the global supply of...
October new vehicle sales expected to rise by 10% amid steady...
In October 2024, new vehicle sales are expected to rise by 10% compared to September, while maintaining a seasonally adjusted annual rate (SAAR) of...
Affordability and leasing trends dominate Q2 2024 – Melinda Zabritski |...
As the automotive market undergoes significant transformations, affordability remains a critical issue for consumers. However, emerging trends in leasing and cash transactions offer a...
The rise of BYD: how Chinese automakers are reshaping the global...
Welcome back to the latest episode of The Future of Automotive on CBT News, where we put recent automotive and mobility news into the...
Weekly roundup: GM exceeds Q3 earnings, EV sales surge, Trump proposes...
Earlier this week: GM surpassed Wall Street Expectations with robust Q3 earnings. The U.S. electric vehicle market sees record growth as EV sales hit...