Tag: Auto Retail

Vroom exceeded Wall Street expectations for its second-quarter earnings. The retailer reported a $0.83 decrease per share and a loss of $115.1 million. However, earnings...

While inflation is widely in effect across the country, dealerships have continued to mark up vehicle prices beyond the recommended MSRPs. In May this...

Automakers are ramping up their joint-ventures, especially in 2022. Automakers are partnering with domestic and foreign suppliers of EV battery components to lower the...

Electric cars are growing in popularity. With each coming month, more and more Americans are growing warmer to the idea of owning an electric...

Yesterday, President Joe Biden signed the bipartisan CHIPS and Science Act legislation into law, intending to increase American semiconductor competitiveness with China. The plan provides billions...

The California DMV has accused Tesla in two separate filings of the use of deceptive marketing practices. Specifically, the company has been using terms such as “autopilot” and...

Robert "Bob" Brockman, a Texas businessman and icon, passed away at 81. Brockman was most known for his roles in building Universal Computer Systems,...

As self-driving technologies begin to hit the market, new laws need to be enacted to create order at a federal level. Now, self-driving vehicles...

Last Thursday, Carvana completed its second-quarter earnings call between the company, shareholders, and analysts to discuss performance and corporate activities. According to an official...

Controversial news for the electric vehicle industry and automakers as the Senate passed a slimmed-down version of the Inflation Reduction Act. The bill now...