Tag: industry news
White House reveals new standards for nationwide EV charging network
New rules for electric vehicle charging across the United States have been announced, with the Biden administration saying that newly built EV chargers must...
UBS upgrades Tesla to buy with $1,100 per share price target
Financial services firm UBS has upgraded Tesla's (TLSA) stock to buy from neutral, with analyst Patrick Hummel noting that he believes the "operational outlook" for TLSA...
Former rivals Waymo Via and Uber Freight join forces for autonomous...
Uber Freight and Waymo Via have reportedly entered into a long-term partnership that will involve using Uber's technology in Waymo's autonomous trucks. Carriers using Waymo's self-driving...
Drivers continue to fill up despite skyrocketing gas prices
The cost of fueling a gas-powered vehicle continues to climb across the United States. According to AAA, the national average for one gallon of regular...
Astonishing dealer profits drive dealership values up through Q1 2022
Merger and acquisition activity has been bustling for more than a year, and the first quarter of 2022 has proved no different. Surging demand...
CEO Carlos Tavares foresees EV materials shortage in coming years, disrupting...
Stellantis CEO Carlos Tavares is warning the auto industry and regulators of serious hurdles they could face in the coming years as they race...
Toyota trims June production by 100,000 units due to chip shortage
On Tuesday, Toyota Motor Corporation announced that global production for June would experience further adjustments as the carmaker grapples with supply chain issues. Of a previously...
The average age of vehicles in operation rises to 12.2 years
Vehicles on the road in the US are getting older, on average. The most recent report from S&P Global Mobility shows that the average age...
Hyundai exec. José Muñoz to oversee new projects for the automaker
Hyundai Motor North America’s President and Chief Executive Officer, José Muñoz, is reportedly taking on more responsibilities for the automaker as he joins the company’s Board...
States sue USPS over gas-powered fleet decision
Sixteen states and various environmental groups sued the United States Postal Service and Postmaster Louis DeJoy last week, claiming that their ten-year plan for...
