Tag: auto industry
New research highlights impact of dishonesty in the auto sales process
New research has identified a discrepancy in the rate at which customers experience dishonest practices during the car sales process and the percentage of...
Waymo faces resistance in expanding robotaxi services in California
Waymo, Google's self-driving car startup, is encountering resistance in its efforts to bring its round-the-clock robotaxi service to other regions of California. Several of...
Carvana reports first-ever annual profit, reduces debt by $1 billion
Carvana, a used vehicle reseller, announced its first-ever yearly profit on February 22. This was due to an agreement with bondholders to reduce the...
What can conversational AI achieve for your dealership? — Cole Kutschinski...
Conversational artificial intelligence (AI) is a new and swiftly evolving tool that can speed up the sales process and improve customer retention within the...
EV startups post Q4 losses, UAW to spend $40 million, new...
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Three electric vehicle startups, Lucid, Rivian, and VinFast, posted their fourth-quarter results this week amidst a backdrop of souring forecasts on the battery-powered...
UAW to spend $40 million on unionization campaign over next 2...
The United Auto Workers (UAW) union is now committed to spending $40 million on its labor organization campaign, which is currently underway at non-union...
Electric vehicle startups post mixed Q4 earnings results
Three electric vehicle startups, Lucid, Rivian, and VinFast, posted their fourth-quarter results this week amidst a backdrop of souring forecasts on the battery-powered car...
New study debunks range anxiety myth for EVs
Since introducing electric vehicles (EVs) to the automotive sector, several consumers have lingered around the prevalent issue of range anxiety.
Range anxiety refers to the...
Mercedes-Benz delays EV targets due to weaker demand
Mercedes-Benz has recently admitted that the demand for battery-powered vehicles is not as strong as initially expected. Despite this, the company has assured investors...
Understanding the latest dealership marketing trends — April Simmons | Horne...
Dealership marketing trends have evolved rapidly in recent years as consumer preferences and industry conditions have changed. With so much to keep track of,...