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BMW

BMW plans $1.7 billion investment in US electric vehicle production

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BMW Group plans to invest $1.7 billion in its US operations to build electric vehicles and batteries. $1 billion is earmarked for the automaker's existing...
DriveCentric

DriveCentric and NCC announce new integration and partnership

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Austin, TX October 20, 2022 — National Credit Center (NCC), a leading provider of credit, soft pulls, identify verification, and compliance solutions is pleased...
Carroll Shelby Ford

Carroll Shelby’s ever-lasting influence on the automotive industry

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Among auto enthusiasts, there are few names as legendary as Carroll Shelby, a pioneer in vehicle performance. Over the years, Shelby's accomplishments include helping...
Mullen Automotive ELMS

Mullen Automotive completes purchase of Electric Last Mile assets

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Mullen Automotive announced yesterday that it had acquired Electric Last Mile Solutions in a $240 million cash purchase, a deal that will allow the...
automated driving systems NHTSA

10 more fatal crashes linked to automated driving systems — NHTSA

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New data from the National Highway Traffic Safety Administration shows that 10 people were killed in crashes in the US involving vehicles using automated...
new vehicle transaction Cox Automotive

Average new vehicle transaction prices decreased slightly in September — Cox...

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New data from Cox Automotive shows average new vehicle transaction prices (ATPs) declined from August to September but remained well above sticker price. According to...
retail automotive service departments performance pro forma compensation

Why car dealers must have a consistent service menu process

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Many car dealerships ignore the use of menus in their F&I department, though they have been around for decades. In fact, according to one...
Purecars digital advertising

Key takeaways from the PureCars 2022 Digital Advertising Survey

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Trying to nail down the right digital advertising strategy for auto dealers is like trying to find clarity in retail sales performance at dealerships....
reports

4 key dealership operational reports to analyze and customize

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Recent interest rate hikes coupled with tight supply continue to limit sales of both new and used vehicles. How can you prepare your dealership...
Foxconn, electric pickup

Foxconn unveils new EV crossover and pickup concepts

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Taiwanese manufacturing giant Foxconn has unveiled a new electric pickup truck and a new electric crossover, both of which are expected to make it...