Top automotive industry trends to track in Q2 — Kevin Tynan | Bloomberg...
The automotive industry has already seen significant change in the short time since the start of the year, making it more important than ever for dealers to understand the trends affecting their...
View ArticleTesla profits plummet in Q1, company accelerates new product development
Tesla reported steep declines in first-quarter revenue and profit but rallied shareholders over promises of new products. The electric vehicle manufacturer reported revenue of $21.3 billion, down 9%...
View ArticleUAW sets sights on Mercedes-Benz after Volkswagen victory
Fueled by its success at Volkswagen, the United Auto Workers (UAW) union is turning its attention to Mercedes-Benz and other non-unionized automakers as it continues its post-strike campaign to expand...
View ArticleHow e-titling is changing the future of dealership F&I
E-titling is a revolutionary new system that gives dealers control over the registration process while improving both data security and cost efficiency. On this episode of the Power Lunch, host Jim...
View ArticleNew vehicle sales set to fall in April but maintain healthy pace
New vehicle sales are set to decline in April after a strong first quarter but will maintain a healthy pace thanks to better affordability, more inventory, and stable demand. Cox Automotive forecasts...
View ArticleFord posts “solid” Q1 earnings despite weakening profits
Ford posted stable earnings late Wednesday after sales rose 7% over the first quarter but struggled to maintain profitability as moderate price cuts and electric vehicle production expenses took their...
View ArticleToyota breaks annual sales record but hits roadblocks in March
Toyota broke its all-time annual sales record during the fiscal year ended in March, sailing past previous records thanks to pent-up demand and a rapidly recovered supply chain. The Japanese automaker...
View ArticleToyota investing $1.4 billion to build 3 new electric SUVs
Toyota is spending an extra $1.4 billion on U.S. manufacturing as it looks to ramp up its electric vehicle lineup while qualifying for tax credits. The new investments will fund the production of...
View ArticleHyundai to build hybrids at its Georgia electric vehicle plant
Hyundai is adding hybrid production to its upcoming Georgia facility, initially intended for fully electric vehicles. The automaker will now build hybrid models, such as the Tucson, at the Bryan...
View ArticleNHTSA to investigate Tesla Autopilot recall over persistent safety issues
The National Highway Traffic Safety Administration (NHTSA) is re-investigating Tesla’s Autopilot driver-assistance system over concerns that a previous recall did not address key safety concerns. The...
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