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Polestar lowered its long-standing delivery goal for 2025 and revealed that, it will still need to raise capital to break even.

Polestar shifts gears: Lowers 2023 delivery goal, forecasts EV launches to...

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On November 8, Swedish EV maker Polestar lowered its long-standing delivery goal for 2025 and revealed that, despite cost reductions, it will still need...
According to Automotive News, Dream Motor Group has expanded into South Florida by acquiring two Mercedez-Benz dealerships

Nick Saban’s Dream Motor makes $700 million move to Florida

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Dream Motor Group has expanded into South Florida by acquiring two Mercedes-Benz dealerships in a deal worth roughly $700 million.  Dream Motor Group is owned...
CEO Mary Barra said, "Safety remains the top priority as Cruise demonstrates what autonomous vehicles can provide to society."

General Motors faces scrutiny over Cruise autonomous van

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Following a month-long incident wherein the California Department of Motor Vehicles (DMV) withdrew autonomous vehicle firm Cruise's robotaxi permits and suspended all operations, company...
The Volvo five-passenger EX30 may be the first electric vehicle to reach America's mass market and will arrive in U.S. Dealerships by 2025.

Volvo unveils game-changing EX30 SUV for $35K, set to debut in...

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The Volvo five-passenger EX30 may be the first electric vehicle to reach America's mass market. The Swedish luxury brand’s small SUV will arrive in...
On today’s Inside Automotive, we're joined by Doug Eroh, President and General Manager of Longo Toyota, to elaborate on the current trends.

How this Toyota dealership is disrupting the used car market – Doug...

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Dealers throughout the world are navigating the electric vehicle landscape. So, on today’s episode of Inside Automotive, we're joined by Doug Eroh, President and...
The feds said that "economic activity expanded at a strong pace in the Q3" following policymakers' unanimous decision to keep rates unchanged

Powell: The Federal Reserve leave rates unchanged

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The Federal Reserve held interest rates steady on November 1 while policymakers grappled with whether financial conditions would be sufficiently tight enough to contain...
The award for Automotive News 'Best Dealership to Work for' honors two Kunes Automotive and RV Group, located throughout the midwest.

Kunes Auto Group gets named among ‘Best Dealerships to Work For’...

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Automotive News' presented its "Best Dealership to Work for" award to two storefronts owned by Kunes Auto and RV Group, which operates over 44 car...
Peter Macinnis, the founder and CEO of eLend Solutions, discusses how dealers are using transparency to close the trust gap with customers. 

How dealers can bridge the gap in customer trust – Pete...

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Most dealers are growing to be apprehensive due to discussions surrounding the UAW union strikes against the Big Three, interest rates, inflation, and a...
Eric Schlesinger of ActivEngage joins Kain & Co. to discuss the evolution of dealership technology and how it affects the car buying process.

Reimagining what a CDP can do for your dealership – Shaun...

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The Germain Motor Co. has been in business since 1947. Today, the company has 19 stores representing 20 brands. The dealer group operates in...
BP, is the first company to buy $100 million of Tesla's Supercharger hardware, to use in a third-party charging network.

BP strikes deal with Tesla for $100 million worth of Superchargers

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The largest oil and gas conglomerate, BP, is the first company to buy $100 million of Tesla's Supercharger hardware. The purchase marks the first for...