Tag: industry news
Nikola founder Trevor Milton found guilty of securities and wire fraud
The founder and former CEO of electric and hydrogen vehicle company Nikola has been found guilty on three counts of fraud after a jury ruled he...
Why some automakers are taking a slow approach to EVs
Electric vehicle sales are continuing to grow around the world. Therefore, one would think that all automakers would be jumping into this arena and...
4 tips to better manage your car dealership’s pre-owned department
It's restating the obvious, but the car business doesn't operate in a vacuum. This is especially the situation when it comes to the pre-owned...
US auto sales improved in September, Toyota, Honda, Nissan slide in...
September's auto sales performance has come with both good and bad news for the automotive industry. The good news is that September performed better...
New Facebook Marketplace rule restricts business pages from listing cars
Facebook’s parent company, Meta, has recently made some changes that will affect car sales on its Facebook Marketplace platform. According to a recent support...
6 helpful tips for effective online vehicle merchandising
With online selling and buying at an all-time high, businesses across all industries must find ways to be more successful in online inventory merchandising....
S. Korean President plans US visit to address Inflation Reduction Act...
South Korean President Yoon Suk-yeol will make his first official trip to the United States this week, and talks about electric vehicle subsidies will...
Ford says it could face $1 billion in extra supplier costs...
Ford Motor Company says it is facing an extra $1 billion in supplier costs in the third quarter, echoing the problem faced by other...
Tesla re-assigns Autopilot team to ‘Optimus’ robot project
EV maker Tesla and its CEO Elon Musk are busy building robots, despite complaints and class-action lawsuits from customers who claim they paid for...
Legacy automakers aim to grab more EV market share from Tesla
Tesla is still number one in the electric vehicle segment, but legacy automakers like Ford and Hyundai are working hard to change that. With...
