Tag: EV news
Record EV sales in Q2 as new models boost competition and...
According to a recent Kelly Blue Book study, electric vehicle (EV) sales in the U.S. reached new heights in the second quarter of 2024,...
The evolution of automotive retail: From showrooms to online marketplaces
The automotive retail landscape has undergone a significant transformation, driven by technological advancements and changing consumer preferences, which has impacted consumer behavior and compelled...
Stellantis CEO Tavares seeks to revive struggling U.S. operations amid investor...
Stellantis CEO Carlos Tavares is visiting Detroit this week to personally address and develop a strategy to fix the automaker's faltering North American operations....
GMC aims for leadership in electric truck sales with launch of...
General Motors’ premium brand GMC is positioning itself as a leader in the electric truck market with the launch of the new Sierra EV....
NHTSA recalls over 9,000 Tesla Model X SUVs
Tesla is recalling 9,136 Model X SUVs due to a potential safety risk involving the roof trim, which could detach and increase the risk...
Ryan Kerrigan on the failed EV rollout: What went wrong and...
In today's episode of Inside Automotive, we sit down with Ryan Kerrigan, Managing Director of Kerrigan Advisors, to discuss the fallout from OEMs' aggressive...
UAW threatens national strike over Stellantis’ failure to meet Belvidere plant...
The United Auto Workers (UAW) has announced that its union locals, representing tens of thousands of workers, are prepared to file grievances against Stellantis,...
GM lays off over 1,000 software and services division employees amid...
General Motors (GM) is laying off more than 1,000 salaried employees globally within its Software and Services division following a strategic review to streamline...
Trump considers ending EV tax credit, praises Musk for potential cabinet...
At a campaign event in Asheville, North Carolina, Republican presidential candidate Donald Trump stated that if elected, he might end the $7,500 tax credit...
Sonic Automotive surges 76% despite CDK outage; Jeff Dyke explains resilience...
Despite the estimated 1.02 billion dollar loss for dealerships due to the CDK Global outage, Sonic Automotive’s second-quarter net income is up 76% year-over-year....