Tag: EV news
Toyota teases new EV concept car ahead of Japan Mobility Show
At the Japan Mobility Show later this month, Toyota intends to give a sneak peek into its upcoming sports car. However, the initial teasers...
The long-term impacts of rising interest rates — Tom Maoli |...
As dealers navigate the ever-changing headwinds of today's automotive landscape, many are worried about the effects of rising interest rates on consumers. Although inflation...
Electric vehicle sales race forward in Q3, Tesla market share declines...
Electric vehicle sales accelerated for legacy automakers in the third quarter, raising new questions about the market's future top players.
According to Cox Automotive, electric...
Honda and Mitsubishi collaborate to optimize the value of EV batteries
On October 12, Honda and Mitsubishi teamed up to maximize the value of EVs and find new uses for outdated EV batteries. The two...
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.
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