Tag: automotive industry trends
Automotive weekly roundup: Nissan targets growth, online sales rise, Hyundai Invests...
Earlier this week: Nissan plans to boost sales by 1 million units and slash EV costs through its "Arc" strategy by 2027. CarGurus reports...
Fisker aggressively cuts Ocean SUV prices, looks to avoid bankruptcy
Electric vehicle startup Fisker is making aggressive price cuts across its 2023 Ocean SUV lineup as it grapples with an increasingly dire financial situation...
Hyundai “doubling down” on electrification with $50 billion investment
Hyundai Motor Group will invest $51 billion to increase the scale of its electric vehicle operations, "doubling down" on the battery-powered car segment even...
Column | How China’s auto ambitions are reshaping global markets
The global automotive industry is in a transformative phase, heavily influenced by America’s weaknesses and China’s expansive role. From dominating chip manufacturing to increasing...
CDK bridges longstanding gap between OEM and dealer shopping experiences with...
AUSTIN, Texas – March 26, 2024 Due to friction created between the various technologies used by original equipment manufacturers (OEMs) and franchise dealers, consumers...
Maximizing performance with automotive AI
As the auto industry begins to stabilize, dealers and OEMs face a new set of challenges. Slowly rising inventory levels, declining margins, brittle supply...
China’s BYD threatens global car makers with sub-$10,000 Seagull EV
Chinese automaker BYD has launched a new version of its Seagull electric vehicle that costs less than $10,000, presenting a challenge to automakers that...
Nissan to add 1 million in sales, combat EV headwinds with...
Nissan's new "Arc" mid-term growth strategy calls for an additional 1 million units in annual sales and for cutting electric vehicle manufacturing expenses by...
Negative equity sets new record in previous-quarter’s used vehicle market
Negative equity in the used vehicle market grew in the final months of 2023, underscoring normalizing trends in the preowned segment.
Edmunds noted high levels...
Why the automotive industry needs more women leaders — Vanessa Delegas...
Welcome to another episode of Women Driving the Industry, a show where leaders from across the automotive landscape discuss their professional experiences and shed...
