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In a significant show of support for CEO Elon Musk's leadership, Tesla shareholders have approved his $56 billion pay package

Tesla shareholders approve Elon Musk’s $56 billion pay package

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In a significant show of support for CEO Elon Musk's leadership, Tesla shareholders have approved his $56 billion pay package, marking a big incentive...
Jeep has officially confirmed the launch of an all-electric Renegade, starting at under $25,000, as a strategy to expand into new markets.

All-Electric Jeep Renegade confirmed to start under $25,000

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Jeep has officially confirmed the launch of an all-electric Renegade, starting at under $25,000, as part of its strategy to expand into new markets....
This surge led to a decrease in new-vehicle days' supply to 74 days at the start of June, indicating the total inventory of unsold vehicles.

May new-vehicle sales surge, reducing days’ supply amid inventory fluctuations

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The end of May saw a significant surge in new vehicle sales, a trend largely attributed to the Memorial Day holiday, a pivotal sales...
Federal Reserve holds interest rates steady, impacting auto loans and dealer sentiment

Weekly roundup: Feds holds interest rates, Biden finalizes milder fuel rules,...

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Earlier this week: The Federal Reserve held interest rates unchanged. The Biden Administration finalized milder fuel economy rules. The majority of U.S. drivers support...
In February, Ford disclosed it's committed to developing an affordable EV platform, comprised of notable talent like Alan Clarke.

Ford hires top talent from Tesla, Rivian, and more to develop...

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In its bid to introduce more affordable electric vehicles, Ford has aggressively recruited top engineers from leading EV companies like Tesla, Rivian, Apple, and...
Ionna has revealed its HQ will be in Durham, North Carolina, featuring a “Quarterback Lab” designed to address charging issues.

Ionna establishes headquarters in Durham, NC, to revolutionize EV charging infrastructure

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Late last year, seven major automakers—BMW, Honda, General Motors, Hyundai, Kia, Mercedes-Benz, and Stellantis—announced a joint venture to build accessible public DC fast charging...
Electric vehicle startup Fisker announced on Wednesday that thousands of Ocean SUVs in North America and Europe are being recalled due to software issues, necessitating an over-the-air software update.

Fisker recalls thousands of Ocean SUVs in U.S. and Europe due...

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Electric vehicle startup Fisker announced on Wednesday that thousands of Ocean SUVs in North America and Europe are being recalled due to software issues,...
Dealers and consumers will have to wait for relief from higher interest rates as Federal Reserve leaders leave its benchmark rate unchanged

Federal Reserve holds interest rates steady, impacting auto loans and dealer...

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Dealers and consumers will have to wait for relief from higher interest rates as Federal Reserve leaders opted to leave the Fed benchmark rate...
Matt Easton joins us on today to remind us that sometimes getting the sale can be as simple as raising your hand.

Raise your hand for sales success: Matt Easton shares key tips...

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In today's ultra-competitive business environment, where we fight to have the best marketing, the coolest social media, and the lowest prices, it's easy to...
The partnership between Canopy Connect insurance verification technology & Cox Automotive aims to minimize potential fraud risks.

Cox Automotive enhances digital experiences with Canopy Connect partnership – Paulo...

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Earlier this month, Cox Automotive and Canopy Connect announced a collaboration to enhance the online car buying experience for consumers and dealerships through insurance...