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First electric pickup truck rolls off Rivian assembly line

On Tuesday, Rivian achieved a monumental milestone for the electrified auto market by becoming the first carmaker to produce a sale-able mass-market EV pickup truck. The company produced the first Rivian R1T pickup intended for a customer at its manufacturing plant in Normal, Illinois. Rivian CEO RJ Scaringe tweeted, “After months of building pre-production vehicles, […]
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Group 1 Buys Prime Automotive Dealerships in $880 Million-Dollar Deal

As of Monday, September 13, 2021, Group 1 Automotive Inc. has committed to purchase Prime Automotive Group. The $880 million deal includes Prime’s 30...

J.D. Power’s Tyson Jominy on the state of the automotive industry today

We were all anticipating relief from the inventory and chip shortages by now, but unfortunately, as most experts predicted, we are still dealing with...

GM to start building trucks again, Bolt production still sidelined

The news is bittersweet this week for General Motors as production resumes for one of their most popular lineups, while another model remains idled...

Hurricane season and its impact on auto players

Hurricane Ida swept across many Gulf Coast states through the northeast leaving a path of destruction, displacements, and power outages in its wake. Storms...

Vaccine mandate will affect thousands of workers in auto industry

On Thursday, the Biden administration announced new vaccination requirements that will apply for nearly one-third of Americans and over half of those in the...

Experian’s Melinda Zabritski reveals trends from the Q2 State of the Automotive Finance Market report

The auto finance market is returning to pre-pandemic levels, according to Experian’s Q2 State of the Automotive Finance Market report. So what does this...

New shutdowns are coming to U.S. manufacturers

Automotive assembly plant shutdowns are accelerating, and the future doesn't provide much optimism for improvement. With today's vehicles filled with up to 1,500 chips, manufacturers...
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