Tag: OEMS
New Toyota chief refuses to abandon hydrogen, will improve supply chain
Incoming Toyota CEO Koji Sato says he will continue to prioritize hydrogen as an alternative fuel source, even as the automaker ramps up electric...
It’s getting easier to buy cars, here’s why — Dave Thomas...
According to ease of purchase research conducted by CDK Global, 85% of last month's car buyers felt the process was easy, the highest score...
Experian data indicates strong EV performance in early 2023
Credit reporting agency Experian recently published consumer data in the electric vehicle market, revealing hidden strengths in the small but thriving segment.
According to Experian's...
BMW reveals higher EBIT margin, betting on premium and electric
After revealing it had beat 2022 forecasts last Thursday, BMW has announced it is targeting a higher EBIT margin (earnings before interest and taxes)...
How to make your dealership recession proof — Jason Frampton |...
Ken Garff Automotive Group, ranked ninth on Automotive News’ list of the top 150 dealership groups, continues to invest and grow their operations. On...
New study says most SUVs lack sufficient backseat protection
A new study by the Insurance Institute for Highway Safety (IIHS) suggests that most SUVs lack suitable protection for backseat passengers.
IIHS tested 13 SUVs...
Porsche optimistic on 2023 outlook, expects near 20% return on sales
Luxury German automaker Porsche has published its 2023 outlook, predicting it will earn nearly 20% back on sales.
The optimistic forecast arrives just after Porsche...
Nissan Ariya production delayed due to issues at Japan factory
Nissan is attempting to resolve issues at one of its factories which have caused production delays for its new Ariya electric crossover.
Despite launching in...
Ford to increase production of EVs and best-sellers after successful February
Ford has announced that it will increase production for some of its best-selling vehicles, after becoming the top-seller in the U.S. during February.
In its...
Lordstown Motors left with $220 million as it struggles with manufacturing
Lordstown Motors has revealed it has $220 million in cash as it looks to resume production after production was paused in February.
The company, founded...
