TSLA377.940-2.18%
GM80.570-3.2%
F12.605-0.335%
RIVN15.2900.27%
CYD31.200-3.4%
HMC32.1900.04%
TM186.720-3.64%
CVNA64.1900.24%
PAG207.970-1.69%
LAD309.6002.58%
AN162.890-2.16%
GPI247.7900.28%
ABG179.940-1.58%
SAH62.4800.11%
TSLA377.940-2.18%
GM80.570-3.2%
F12.605-0.335%
RIVN15.2900.27%
CYD31.200-3.4%
HMC32.1900.04%
TM186.720-3.64%
CVNA64.1900.24%
PAG207.970-1.69%
LAD309.6002.58%
AN162.890-2.16%
GPI247.7900.28%
ABG179.940-1.58%
SAH62.4800.11%
TSLA377.940-2.18%
GM80.570-3.2%
F12.605-0.335%
RIVN15.2900.27%
CYD31.200-3.4%
HMC32.1900.04%
TM186.720-3.64%
CVNA64.1900.24%
PAG207.970-1.69%
LAD309.6002.58%
AN162.890-2.16%
GPI247.7900.28%
ABG179.940-1.58%
SAH62.4800.11%

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The Austin-based EV maker, Tesla, has reached a settlement to resolve a case alleging racial discrimination. 

Tesla settles racial discrimination lawsuit for millions

- March 18, 2024
Austin-based EV maker Tesla has reached a settlement to resolve a case involving racial discrimination.  In 2015, a federal jury awarded Owen Diaz, a black elevator operator at the Fremont, California plant,...

Dealer optimism update, service department satisfaction rates, KBB’s 2024 resale awards

- March 15, 2024
Inside Automotive  How proactive hiring can transform your dealership – Adam Robinson | Hireology Are you struggling to fill roles at your dealership? If so, then you're not alone. According to a...
Customer satisfaction with dealership service departments improved marginally in 2024 but suffered due to persistent complaints.

Service department satisfaction held back by long wait times, EV issues

- March 14, 2024
Customer satisfaction with the dealership service experience improved slightly in 2024 but was held back from a stronger increase due to frustrations with the fixed-ops process. According to J.D. Power's 2024...
Software firm Arm says it has designed a new computer chip that will help self-driving car makers improve safety and accelerate development.

Arm looks to accelerate self-driving car development with new computer chip

- March 14, 2024
Software company Arm has unveiled a new computer chip design tailored for self-driving cars that it says will help the automotive industry accelerate the transition to safer, technologically advanced vehicles. Arm...
Fisker is allegedly in talks with two bankruptcy consultancies as it seeks to negotiate deals that would provide much-needed funds.

Fisker in talks with bankruptcy advisers as search for funds continues

- March 14, 2024
Electric vehicle startup Fisker has allegedly hired bankruptcy consultants shortly after warning investors that it may not have enough cash to last the year. The Wall Street Journal broke the news...
A group of engineers at Cornell University has developed a new type of lithium battery that can be charged in under five minutes.

Cornell engineers develop a five-minute charging lithium battery

- March 14, 2024
A group of engineers at Cornell University has developed a new type of lithium battery that can be charged in under five minutes and maintains its performance over extended charging...
On March 12, GM announced Jens Peter "JP" Clausen, a former executive with Tesla, Lego, and Google, will succeed Gerald Johnson.

GM announces executive changes in manufacturing and software

- March 13, 2024
On March 12, General Motors (GM) announced changes in its top management. In the announcement, Jens Peter "JP" Clausen, a former executive with Tesla, Lego, and Google, will succeed Gerald...
Electricity has been restored to Tesla's German-based Gigafactory one week after a suspected sabotage took out a nearby pylon.

Tesla’s Gigafactory Berlin back online after suspected arson

- March 12, 2024
A Tesla Gigafactory close to Berlin has regained electricity after a fire, believed to be caused by arson, disabled a nearby pylon last week. Following several days of work, German utilities...
Discover why consumers are flocking to F&I products in today's uncertain market and how dealers can capitalize on this trend

Why the demand for F&I products is rising – Adam Marburger | Ascent Dealer Services

- March 12, 2024
In the current economic climate, where interest rates are high, and vehicle prices are soaring, more and more consumers are opting for F&I products for added protection. Adam Marburger, F&I...
Brian Moody joins Inside Automotive to discuss the ongoing trend of declining new vehicle prices and why this might actually help dealers.

New vehicle prices are falling. Why aren’t dealers worried? — Brian Moody | Cox Automotive

- March 11, 2024
New vehicle sales are holding steady in the U.S. as dealers prepare for a busy market in the months ahead. Unfortunately, the same can not be said for prices, which,...
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