TSLA360.590-20.67001%
GM72.540-2.5%
F11.590-0.09%
RIVN15.4000.46%
CYD39.410-0.08%
HMC24.150-0.16%
TM207.010-2.66%
CVNA313.5481.45799%
PAG149.3400.18%
LAD251.8201%
AN197.680-0.29%
GPI329.450-1.34%
ABG194.7600.73%
SAH64.870-0.38%
TSLA360.590-20.67001%
GM72.540-2.5%
F11.590-0.09%
RIVN15.4000.46%
CYD39.410-0.08%
HMC24.150-0.16%
TM207.010-2.66%
CVNA313.5481.45799%
PAG149.3400.18%
LAD251.8201%
AN197.680-0.29%
GPI329.450-1.34%
ABG194.7600.73%
SAH64.870-0.38%
TSLA360.590-20.67001%
GM72.540-2.5%
F11.590-0.09%
RIVN15.4000.46%
CYD39.410-0.08%
HMC24.150-0.16%
TM207.010-2.66%
CVNA313.5481.45799%
PAG149.3400.18%
LAD251.8201%
AN197.680-0.29%
GPI329.450-1.34%
ABG194.7600.73%
SAH64.870-0.38%


Auto Retail

Volvo

Volvo announces a 25% drop in sales for April

- May 5, 2022
Volvo Car Group said this week that its sales for April totaled 47,150, down 24.8% year-over-year. Overall, sales dropped 47.8% in China, U.S. sales fell by 9.2%, and European sales dropped 23.3%.  Last...
service customers

8 strategies for winning over out-of-warranty service customers

- May 5, 2022
While the average passenger vehicle on the road in the U.S. today is increasing in age – hitting more than 12 years old in 2020 – the number of annual...
Apple

Apple hires former Ford director for self-driving vehicle development

- May 5, 2022
Sources told Bloomberg this week that Apple Inc. has hired Desi Ujkashevic to help the tech giant on its so-called Apple Car Project, which aims to develop a self-driving vehicle. Ujkashevic recently retired from...
Aston Martin

Head of Aston Martin steps down, ex-Ferrari CEO to take over

- May 5, 2022
According to a Bloomberg report this week, Aston Martin Lagonda Global Holdings Plc's current Chief Executive Officer, Tobias Moers, will no longer be with the company after two years. Despite Aston Martin Chairman...
Lyft

Lyft shares drop due to driver incentives and Q2 projections

- May 5, 2022
Lyft shares dropped 25% this week after the rideshare service released its first-quarter results and announced it would likely not reach Wall Street's expectations for the second quarter. The company said it...

U.S. government to allocate over $3 billion to EV battery manufacturing

- May 4, 2022
On Monday, U.S. government officials said that over $3 billion of last year's $1 trillion infrastructure bill would be put towards electric vehicle (EV) battery manufacturing. The funding, which will come...
autonomous driving

BMW Group and Ansys to further partnership for autonomous driving tech

- May 4, 2022
The BMW Group and technology firm Ansys have announced they will be furthering their partnership to develop software for autonomous driving and advanced driver-assistance systems. The companies will be working on a...
Georgia

Georgia to give Rivian $1.5 billion in tax credits and incentives

- May 4, 2022
In a statement earlier this week, the State of Georgia and Rivian Automotive Inc. said the electric automaker would be receiving $1.5 billion in incentives and tax credits for its planned manufacturing...
Bridgestone

Bridgestone reveals new tire model specifically made for electric buses

- May 4, 2022
On Tuesday, Bridgestone announced it has launched its new R192E tire developed specifically for electric buses. The company says its new tire will assist in reducing traffic congestion and is also...
Velocity Automotive

Why transparency and communication are key to modern auto retailing

- May 3, 2022
On this edition of Inside Automotive, we're pleased to welcome back Hugh Hathcock, Owner and Founder of Velocity Automotive, and Kalah Hathcock, Executive Vice President also for Velocity Automotive. We're also...


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