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Thursday, April 18, 2024
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Mexico denies BYD, other Chinese car makers, access to incentives

Colin Velez - 0
Mexico has reportedly denied Chinese automakers access to government incentives due to pressures from U.S. officials. According to a Reuters report, Mexican officials met with...
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Stellantis recently prevented factory closures by paying a supplier $100,000. The supplier being MacLean-Fogg Component Solutions LLC.

Stellantis pays $100,000 to supplier to prevent factory closures in Indiana

Jaelyn Campbell - 0
Stellantis recently prevented factory closures by paying a supplier $100,000. The supplier, MacLean-Fogg Component Solutions LLC, had threatened to cease shipping pinions and gears...
Used vehicle prices at auction declined in the first two weeks of April as sales cooled off from a tax-season-fueled surge.

Wholesale used vehicle prices slip in early April as sales pace slows

Colin Velez - 0
Used vehicle prices at auction declined again in the first half of April as the average pace of sales slowed following a burst of...
Rivian is planning to reduce employment by a further 1% by the end of the year in an effort to increase profitability. 

Rivian announces second round of layoffs to boost profitability

Jaelyn Campbell - 0
Rivian, the EV startup, is taking drastic measures to boost its profitability. The company is implementing a second round of layoffs this year, which,...

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Articles

Mexico denies BYD, other Chinese car makers, access to incentives

Colin Velez - 0
Mexico has reportedly denied Chinese automakers access to government incentives due to pressures from U.S. officials. According to a Reuters report, Mexican officials met with...
Read more
Articles

Stellantis pays $100,000 to supplier to prevent factory closures in Indiana

Jaelyn Campbell - 0
Stellantis recently prevented factory closures by paying a supplier $100,000. The supplier, MacLean-Fogg Component Solutions LLC, had threatened to cease shipping pinions and gears...
Read more
Articles

Wholesale used vehicle prices slip in early April as sales pace slows

Colin Velez - 0
Used vehicle prices at auction declined again in the first half of April as the average pace of sales slowed following a burst of...
Read more
Articles

Rivian announces second round of layoffs to boost profitability

Jaelyn Campbell - 0
Rivian, the EV startup, is taking drastic measures to boost its profitability. The company is implementing a second round of layoffs this year, which,...
Read more
Daily Newscast

Wholesale used car prices dip, Mexico denies China incentives, Rivian cuts jobs

CBT News - 0
Inside Automotive How to incorporate employee feedback and win more talent — Gloria Purdy | Hoffman Auto Group Listening to employee feedback is more than a...
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Inside Automotive

How to incorporate employee feedback and win more talent — Gloria Purdy | Hoffman Auto Group

Colin Velez - 0
Listening to employee feedback is more than a simple strategy for keeping workers happy. It is a critical component of your dealership's talent acquisition...
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Dealership Management

Managing stress and burnout in the fast-paced retail automotive industry

Joseph Iyanu - 0
The automotive­ retail industry is a dynamic and ever-e­volving sector that poses unique challenges for its professionals. From continuous customer interactions to meeting sales...
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Articles

Tesla share price continues to plunge as Q1 earnings report looms

Colin Velez - 0
Tesla share prices continued to fall this week after a leaked internal memo indicated the company planned to lay off more than 10% of...
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Articles

Hydrogen fuel cell car sales plummet amidst stiff competition from EVs

Jaelyn Campbell - 0
The recent uptake of cars based on hydrogen fuel cell technology is declining in the United States, especially in California, where the availability of...
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Articles

Governors share anti-union statement ahead of key VW vote

Colin Velez - 0
Republican governors from six states have issued a statement warning residents against unionization as employees at Volkswagen's Tennessee plant prepare for a vote to...
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Articles

NHTSA investigates over 3 million Honda vehicles after 47 crashes reported

Jaelyn Campbell - 0
On April 17, the U.S. National Highway Traffic Safety Administration (NHTSA) made a significant announcement. It revealed that it had escalated its investigation into...
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Daily Newscast

Governors issue anti-union statement, Tesla share price dips, NHTSA investigates Honda

CBT News - 0
Inside Automotive Industry expert warns against overreliance on EVs, advocates for consumer-driven options – Joe McCabe | AutoForecast Solutions Despite the push towards EVs, the adoption...
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