auto industry news

Lauren Fix joins Inside Automotive to discuss what Tesla's first-quarter earnings indicate for the electric vehicle market.

What Tesla’s Q1 earnings say about the EV market — Lauren Fix | Car Coach Reports

- April 29, 2024
On this episode of Inside Automotive, host Shyann Malone is joined by Lauren Fix, founder of Car Coach Reports, to discuss Tesla's first-quarter earnings report and what it means for the brand...
Hyundai is adding hybrid production to its upcoming Georgia facility, initially intended for fully electric vehicles.

Hyundai to build hybrids at its Georgia electric vehicle plant

- April 26, 2024
Hyundai is adding hybrid production to its upcoming Georgia facility, initially intended for fully electric vehicles. The automaker will now build hybrid models, such as the Tucson, at the Bryan Country factory after posting...
Toyota is making additional investments into its Indiana factory as it looks to build three new electric SUVs in the U.S.

Toyota investing $1.4 billion to build 3 new electric SUVs

- April 26, 2024
Toyota is spending an extra $1.4 billion on U.S. manufacturing as it looks to ramp up its electric vehicle lineup while qualifying for tax credits.  The new investments will fund the production of...
The NHTSA is investigating Tesla's Autopilot recall to determine whether the automaker's remedies left key safety issues unaddressed.

NHTSA to investigate Tesla Autopilot recall over persistent safety issues

- April 26, 2024
The National Highway Traffic Safety Administration (NHTSA) is re-investigating Tesla's Autopilot driver-assistance system over concerns that a previous recall did not address key safety concerns. The agency previously conducted a probe over the course...
In this article, we take a look at how several companies are tackling the challenge of autonomous vehicles on the California roadway.

Silicon Valley Update: The Road to Autonomy – A Journey Through the Streets of San Francisco

- April 26, 2024
In the heart of Silicon Valley, the future of mobility is unfolding before our very eyes, painting the streets of San Francisco with the colors of innovation and the promise...
Dave Spencer and Jason Wilson join this episode of the Power Lunch to discuss an efficient approach to vehicle registration: e-titling.

How e-titling is changing the future of dealership F&I

- April 25, 2024
E-titling is a revolutionary new system that gives dealers control over the registration process while improving both data security and cost efficiency.  On this episode of the Power Lunch, host Jim Fitzpatrick...
The UAW is confident in its ability to score another victory at Mercedes-Benz, despite concerns that union support may be lacking.

UAW sets sights on Mercedes-Benz after Volkswagen victory

- April 24, 2024
Fueled by its success at Volkswagen, the United Auto Workers (UAW) union is turning its attention to Mercedes-Benz and other non-unionized automakers as it continues its post-strike campaign to expand...
Tesla reported $1.13 billion in net income for the January-through-March period as the effect of slow sales and price cuts cut into profits.

Tesla profits plummet in Q1, company accelerates new product development

- April 24, 2024
Tesla reported steep declines in first-quarter revenue and profit but rallied shareholders over promises of new products. The electric vehicle manufacturer reported revenue of $21.3 billion, down 9% from the first quarter...
Kevin Tynan joins Inside Automotive to share his insights into the key automotive industry trends impacting dealers in Q2.

Top automotive industry trends to track in Q2 — Kevin Tynan | Bloomberg Intelligence

- April 24, 2024
The automotive industry has already seen significant change in the short time since the start of the year, making it more important than ever for dealers to understand the trends affecting their...
The International Energy Agency expects electric vehicle sales to rise sharply in 2024 with growth driven primarily by China.

Electric vehicle sales set to surge in 2024 despite affordability challenges

- April 23, 2024
Electric vehicle sales are projected to rise sharply in 2024 despite persistent challenges in some markets, according to the International Energy Agency (IEA). The group forecasts that worldwide sales of battery-powered cars will...


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