Tag: manufacturers
5,000 General Motors employees opt for buyout program
On March 9, Mary Barra, the CEO of General Motors, announced to her staff that further job reductions would occur, but this time the...
Hyundai and Kia break sales records in March, grow EV sales
Hyundai and Kia have officially broken their previous monthly sales records, continuing their streak of month-over-month gains.
Hyundai announced it had sold a record-breaking 75,404...
John Howard on passenger vehicle and EV trends found in Experian...
Recently, Experian published its fourth quarter report on the car market, revealing several unexpected shifts in consumer preference and brand rankings. On this episode...
Ford announces new price hikes for three F-150 Lightning variants
On Thursday, Ford raised prices for several versions of its best-selling electric pickup, the F-150 Lightning.
The price hikes affect the Standard Lariat, Platinum and...
Rivian stock prices hit all time low while company mulls relocation
Rivian stock prices have dropped to their lowest, falling roughly 92% from the initial trading of $130 in 2021.
Earlier this month, Rivian shares traded...
Newly elected UAW President promises change
The United Auto Works union (UAW) has voted for a new President in the organization's first direct election.
The election arrives some years after the...
Hyundai and Kia warn customers of fire risk, expand recall effort
Yesterday, Hyundai and Kia expanded recall efforts by notifying drivers of a potential fire risk affecting 571,000 vehicles.
This is Hyundai's second recall targeting the...
Where does the semiconductor chip shortage stand today?
With modern cars sometimes needing thousands of semiconductor chips to run the various electronics, automakers are still feeling the effects of the shortage. Today’s...
A look inside the current state of the semiconductor microchip shortage
While automakers and basically every manufacturer around the world were hoping the semiconductor microchip shortage would be a thing of the past by now,...
How will the new covid variant affect dealers today? Tom Maoli...
On today’s show we’re diving into today’s headlines, from inventory to the latest COVID variant, omicron. What does all of this mean and how...
