April 2023 is a tale of two stories. One indicates that buyers are continuing to benefit from increased inventory offerings, while the other shows there might be a slowdown approaching...
Earlier this week: Production will end for Chevrolet's most affordable EV, the Chevy Bolt; the International Energy Agency (IEA) released its Global EV Outlook for 2023, California reached its ambitious EV...
Earlier this week: Rivian announced the expansion of its Adventure EV charging network, Lincoln debuted its new Nautilus SUV, the Treasury Department's revised EV tax credits went into effect, and...
The outlook for automotive technology (autotech) mergers and acquisitions (M&A) should prove to be strong over the remainder of 2023 for a number of reasons. Let’s explore these below.
Valuations Come Back...
AUSTIN, TX — April 18, 2023 — The Presidio Group LLC (“Presidio”), an independent merchant banking firm focused on mergers and acquisitions, capital raising, and investments in the automotive retail...
Earlier this week: Average new car prices fell below MSRP for the first time since 2021, Tesla got slapped with a privacy lawsuit, the EPA revealed newly proposed tailpipe emissions...
In a world where market forces often dictate the direction of the automotive industry, with the latest Federal government plans, it’s becoming increasingly clear that the government’s push for electric vehicles...
Weekly Roundup
Earlier this week: New vehicle sales volume improved in the first quarter despite concerns about economic headwinds, Tesla hit new delivery records and exceeded expectations in Q1, long-time CADA...
Recently, Mississippi Governor Tate Reeves signed a bill into law which places restrictions on electric vehicle manufacturers in the state. On this episode of Inside Automotive, Marty Milstead, the President...
This year, dealer franchise law is a top priority for many state associations. Len Bellavia, founding partner of the law company Bellavia Blatt PC, also known as DealerLaw.com, joins us...