Tag: auto industry news
The role of leasing in a normalizing car market — Aaron...
With signs of pre-pandemic norms returning to the market, car dealers are beginning to consider alternative strategies, such as leasing, to maintain their profit...
Lucid unveils its electric Gravity SUV, offering 440 miles of range
The California-based startup Lucid has ventured into the lucrative and fiercely competitive SUV industry with its debut offering, the Gravity, built on the same...
United Auto Workers members at 3 plants vote no on Ford,...
United Auto Workers members at three key facilities in Kentucky and Michigan have voted to reject their respective contracts with Detroit-Three manufacturers, raising concerns...
Used car supply remains stable in November, pricing weakens
Used car supply remains under pressure in November, as high new vehicle prices force many consumers to wait on their next purchase.
According to Cox...
Tesla signs second major deal to sell its Supercharger
Tesla has agreed to sell its Supercharger under the EG Group, a central gas station and convenience store operator. The deal marks the second...
Discover the best and worst vehicles that hold their value
In order to calculate five-year depreciation rates, iSeeCars examined more than 1.1 million vehicles sold between November 2022 and October 2023. This data's historical...
Polestar shifts gears: Lowers 2023 delivery goal, forecasts EV launches to...
On November 8, Swedish EV maker Polestar lowered its long-standing delivery goal for 2025 and revealed that, despite cost reductions, it will still need...
Biden to meet UAW President as strike nears end: What this...
On November 9, President Joe Biden will meet with the head of the United Auto Workers union, Shawn Fain, in Belvidere, Illinois, where the...
General Motors faces scrutiny over Cruise autonomous van
Following a month-long incident wherein the California Department of Motor Vehicles (DMV) withdrew autonomous vehicle firm Cruise's robotaxi permits and suspended all operations, company...
How this Toyota dealership is disrupting the used car market – Doug...
Dealers throughout the world are navigating the electric vehicle landscape. So, on today’s episode of Inside Automotive, we're joined by Doug Eroh, President and...