Toyota chairman and former company CEO Akio Toyoda expects the electric vehicle segment to reach a maximum market share of just 30%, regardless of what the automotive industry does to...
Automotive dealerships must prioritize upgrading their electric infrastructure to support the anticipated increase in electric vehicle (EV) sales, projected to reach 2.5 million per year in 2028. The U.S. federal...
Nearly 5,000 U.S. auto dealerships have issued a second appeal to President Joe Biden, urging him to reconsider the Environmental Protection Agency's (EPA) proposed stricter vehicle pollution standards. This appeal...
Electric vehicle brand Tesla reported a steep decline in fourth-quarter profits against a 3.5% increase in revenue over the same period, missing analyst forecasts and raising questions for the new...
By June 2025, Austin-based Tesla disclosed to its suppliers plans to start producing a new electric vehicle (EV) mass-market known as "Redwood," according to Reuters. Elon Musk has been generating...
On January 23, Black Book introduced the industry's first electric vehicle (EV) valuations under Battery Adjusted Values. These values include battery modifications based on information from Recurrent, a leading authority...
Edmunds has released its top-rated vehicle picks for 2024, recognizing the models that have continued to set the standard for excellence in their segment.
Electric vehicles and hybrids earned much of...
The United States Postal Service (USPS) announced its purchase of thousands of Ford-produced battery-powered vans shortly after unveiling its first electric vehicle charging stations.
Both moves are part of a four-year...
On January 22, Ford shared details about the Ford and Lincoln Digital Experience, a new software suite available on the recently launched Nautilus, which will soon be added to other...
2024 will be another year of significant transformation for the automotive retail environment. Shifting product mixes, evolving consumer demands and emerging ways to leverage data are all factors dealers need...