Tag: industry news
Tesla gives rare holiday discount to December buyers, seeks to boost...
Following a tumultuous year for EV automaker Tesla, the company has slipped a rare holiday discount into customer's end of the year orders.
The offer...
Robotaxi startups Waymo and Cruise press on while other AV companies...
Autonomous vehicle startups Cruise and Waymo are pressing ahead with plans to expand their use of driverless robotaxis to more cities, despite increasing discontent...
Tesla shareholders surprised with unexpected stock upgrade
After a tumultuous year for Tesla shareholders, the automaker surprised analysts last Wednesday after Citigroup upgraded the company's share value to $174 from $141.33.
Citigroup...
J.D. Power/LMC Automotive release November U.S. auto sales forecast
According to a joint forecast from J.D. Power and LMC Automotive, new vehicle retail sales for November 2022 are expected to be somewhat flat...
Toyota cuts 500,000 vehicles from production in the wake of supply...
Toyota has adjusted its production output as the auto industry's supply shortages persist. The affected lines include the company's crossovers, utility vehicles, SUVs and...
Understanding automotive connected consumers | Amazon Ads
As digital advertising capabilities continue to grow, automotive advertisers are off to the races to optimize the right marketing strategies to connect with future...
EV sales reach new record, more than 200,000 units sold in...
Kelley Blue Book has released its Q3 2022 "Electrified Light Vehicle Sales Report," which revealed that the third quarter saw EV sales of over...
Top Lincoln dealers must invest $900,000 to sell electric vehicles
Earlier this fall, Lincoln President Joy Falotico said she expects the company’s dealer network to shrink by the end of the year but announced...
Nikola founder Trevor Milton found guilty of securities and wire fraud
The founder and former CEO of electric and hydrogen vehicle company Nikola has been found guilty on three counts of fraud after a jury ruled he...
Why some automakers are taking a slow approach to EVs
Electric vehicle sales are continuing to grow around the world. Therefore, one would think that all automakers would be jumping into this arena and...
