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GM launches SDVerse, EV sales forecast lowered, Tesla shuts down Gigafactory

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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 Autogroup has acquired Koons Wilmington Lexus less than three months after the storefront was purchased by Asbury Automotive.

MileOne acquires Koons Wilmington Lexus from Asbury Automotive

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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...
Electric vehicle sales are projected to grow in 2024 but at a slower rate than some initially forecast due to challenges limiting demand.

J.D. Power lowers 2024 electric vehicle sales forecast

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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, Magna, and Wipro are partnering to launch an automotive software marketplace called SDVerse.

General Motors prepares to launch ‘SDVerse’ automotive software marketplace

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General Motors is partnering with auto supplier Magna and consultancy firm Wipro Limited to launch a virtual marketplace called SDVerse for buyers and sellers...
On March 5, Tesla was forced to close its Gigafactory in Berlin due to a massive power loss that might have resulted from sabotage.

Far-left group claims responsibility for Tesla’s Berlin gigafactory ‘sabotage’

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On March 5, Tesla was forced to close its Gigafactory in Berlin due to a massive power outage that might have resulted from an...
"In addition to HEV batteries, PEVE plans to begin producing batteries for BEVs (battery EVs) and PHEVs (plug-in HEVs)," stated Toyota.

Toyota acquires control of PEVE, expands electric battery production

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On March 5, Toyota announced its agreement with Panasonic Holdings to acquire one of its joint ventures and turn it into a wholly owned...
John Fairchild and Rusty Stewart join Inside Automotive to discuss the ongoing technicians shortage and simple hiring solutions for dealers.

How a formal training program can help your dealership acquire and...

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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...

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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, and Hyundai recorded strong sales gains in February driven by inventory improvements and rising hybrid demand.

Ford, Honda, Hyundai sales rise in February, emphasizing strength of hybrids

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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 is partnering with dealers and a non-profit to award scholarships to 400 students attending technician training programs.

Ford partners with dealers to award $2 million in grants to...

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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...