Tag: automotive industry news
Tesla slashes Cybertruck prices amid production slowdowns
Tesla has introduced discounts on its Cybertruck inventory, marking down prices by up to $1,600 on new units and as much as $2,600 on...
Trump’s proposed 25% Canadian tariff on cars could drive up costs...
U.S. President-elect Donald Trump’s proposed 25% tariff on Canadian imports has sparked backlash, with industry experts warning of major disruptions to North America's integrated...
Stellantis reports major decline in global vehicle deliveries amid inventory reset...
Stellantis reported that its global deliveries fell by a shocking 9%, to 1,395,000 vehicles, during the fourth quarter of 2024.
This overall decline in global...
automotiveMastermind unveils Actionable Intelligenceâ„¢ with real-time customer website activity tracking
New York, NY – January 16, 2025 – automotiveMastermind, the automotive industry’s trusted data and technology provider, now offers a real-time view of in-market...
Toyota’s Hino Motors to pay $1.6 billion settlement over U.S. diesel...
Hino Motors, a subsidiary of Toyota, has reached a $1.6 billion settlement with U.S. agencies and agreed to plead guilty to charges of excess...
New-vehicle prices hit near-record highs as luxury and EV sales surge
According to the latest data from Cox Automotive's Kelley Blue Book, the average new-vehicle prices continued to climb for the fourth consecutive month, with...
Aaron Baldwin discusses how automotiveMastermind is helping dealers navigate 2025’s sales...
As the automotive industry navigates 2025, dealers face new challenges adapting to a rapidly evolving sales environment. To shed light on how automotiveMastermind is...
Car dealers face 2025 head-on
The automotive retail industry is returning to a pace and rhythm that once led to sales of over 17 million new car units a...
UAW VP, Chuck Browning, announces retirement after historic labor agreements
Chuck Browning, longtime leader at United Auto Workers (UAW) and current vice president, announced his plans to retire on Tuesday. The announcement was made...
SEC sues Elon Musk over delayed Twitter stake disclosure
The U.S. Securities and Exchange Commission (SEC) filed a lawsuit against Elon Musk on Tuesday, accusing him of waiting too long to disclose his...