Tag: auto industry
GM launches SDVerse, EV sales forecast lowered, Tesla shuts down Gigafactory
Inside Automotive
Toyota EVP Jack Hollis on EVs, vehicle affordability, and inventory
Toyota has taken a slower path to electrification than its competitors, choosing instead to...
MileOne acquires Koons Wilmington Lexus from Asbury Automotive
MileOne Autogroup purchased a Delaware Lexus dealership from Asbury Automotive just months after the seller acquired the storefront from the Jim Koons group.
The transaction...
J.D. Power lowers 2024 electric vehicle sales forecast
Electric vehicle sales are projected to rise in 2024 but analysts are dialing back expectations as the automotive industry grapples with challenges limiting consumer...
General Motors prepares to launch ‘SDVerse’ automotive software marketplace
General Motors is partnering with auto supplier Magna and consultancy firm Wipro Limited to launch a virtual marketplace called SDVerse for buyers and sellers...
Far-left group claims responsibility for Tesla’s Berlin gigafactory ‘sabotage’
On March 5, Tesla was forced to close its Gigafactory in Berlin due to a massive power outage that might have resulted from an...
Toyota acquires control of PEVE, expands electric battery production
On March 5, Toyota announced its agreement with Panasonic Holdings to acquire one of its joint ventures and turn it into a wholly owned...
How a formal training program can help your dealership acquire and...
The automotive industry is facing a technician crisis, with the number of applicants willing or capable of working in a busy fixed-ops department continuing...
Strong hybrid sales in Feb., Ford supports student auto technicians, Nissan’s...
Inside Automotive
How a formal training program can help your dealership acquire and retain technicians
On this episode of Inside Automotive, host Jim Fitzpatrick is joined...
Ford, Honda, Hyundai sales rise in February, emphasizing strength of hybrids
Automakers posted strong U.S. sales this February on the backs of stable demand, stronger inventory, and increasing interest in hybrid and electric vehicles.
Ford sold...
Ford partners with dealers to award $2 million in grants to...
Ford and its dealers are committing $2 million in scholarships to combat the automotive industry's ongoing technician shortage in partnership with the TechForce Foundation.
The...