Tag: automotive industry
New vehicle supply reaches two-year high in early December
New vehicle supply has made a substantial recovery throughout 2023, culminating in December's initial inventory total of 2.56 million units, the highest levels seen...
Range Rover shares select details on upcoming electric model
Jaguar Land Rover shared details and first images of the upcoming Range Rover Electric ahead of its scheduled release next year alongside a new...
Dealer association presidents react to Hyundai-Amazon partnership and Biden EV push
The last year has been one of the busiest for dealer associations as the industry grapples with a host of unprecedented events, some of...
What is location intelligence and how can it help car dealerships?
Welcome back to the latest episode of The Future of Automotive, with Steve Greenfield, Founder and CEO of Automotive Ventures, where we put recent automotive and mobility...
Weekly roundup: New car prices fall, hybrid demand rises, Asbury acquisition,...
Earlier this week: New car prices saw a decline in November, with Tesla being the most affected. Hybrid vehicles are gaining momentum as manufacturers...
Cruise fires 9 leaders, lays off 900 employees amidst safety probes
This week, Robotaxi service and General Motors subsidiary Cruise let go of nine leading team members and revealed it would lay off an additional...
Cadillac EV lineup now includes the 2026 Vistiq SUV
Cadillac continued to expand its electric vehicle (EV) portfolio today with confirmation of the 2026 Vistiq. Slotted between the Lyriq and Escalade IQ, the...
Number of new car dealers selling electric vehicles triples from 2020
More than half of all car dealers are selling electric vehicles in 2023, according to automotive data platform iSeeCars.
Since the onset of the COVID...
Hiring auto technicians: exploring alternative industries to recruit from
Finding the right automotive technicians for your dealership can be challenging, especially when the pool of traditional candidates seems to have dried up. Yet,...
Tesla recalls 2 million vehicles involving its Autopilot technology
Austin-based EV maker Tesla recently issued a recall affecting nearly 2 million models sold in the U.S. due to its Autopilot feature, which has...
