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October 4, 2017 - Industry News

Ford to Focus on Trucks, EVs, Connectivity

Photo of CEO Jim Hackett courtesy of Ford.

Ford CEO Jim Hackett said on Tuesday the automaker plans to reduce engineering costs by 50% through 2022. Ford will also shift investment into trucks and electrified vehicles, and reduce costs and investment in sedans and internal combustion engines.

Tags: Connected Vehicle, Electric Vehicles, Ford, Jim Hackett, Trucks

March 21, 2017 - Industry News

J.D. Power: Tesla Owners Choose Hype Over Quality

A new report from J.D. Power finds owners of the Tesla Model S and Model X have acknowledged numerous quality issues but show no signs of disloyalty.

Tags: Electric Vehicles, Model S, Model X, Tesla Motors

November 18, 2016 - Industry News

Hyundai Offers Subscription-Based Vehicle Ownership

Photo of 2017 Ioniq Electric courtesy of Hyundai.

Hyundai will offer a subscription-based approach to vehicle ownership with its 2017 Ioniq Electric sedan that will allow customers to acquire the vehicle for a fixed monthly fee that covers all costs of ownership, Hyundai announced ahead of the Los Angeles Auto Show.

Tags: Dealership, Electric Vehicles, Hyundai

March 19, 2015 - Industry News

New Jersey Reverses Tesla Sales Ban

The electric car maker will now be able to open up to four direct-sale stores and at least one service center in the state.

Tags: Electric Vehicles, legislation, New Jersey, Tesla Motors

October 22, 2014 - Industry News

Mich. Governor Signs ‘Anti-Tesla’ Bill

Governor Rick Snyder signed into law yesterday tighter restrictions on selling vehicles directly to consumers. The new law now effectively bans Tesla Motors from selling vehicles in the state.

Tags: Electric Vehicles, Franchised Dealerships, Governor Rick Snyder, Michigan, Tesla, Tesla Motors

June 19, 2014 - Industry News

Tesla Makes Strides on East Coast

This week, New York Governor Cuomo signed a pro-Tesla bill into law. The New Jersey Assembly also voted to allow manufacturers to directly sell zero-emissions vehicles to consumers.

Tags: Electric Vehicles, legislation, New Jersey, New York, Tesla Motors

January 21, 2014 - Industry News

Deloitte: Gen Y Prefers Hybrid Vehicles

A new study from Deloitte shows that a majority Gen Y consumers prefer an electrified vehicle over any other type of car or truck. Moreover, Gen Y consumers heavily favor hybrid gasoline-electric vehicles.

Tags: Deloitte, Electric Vehicles, Gen Y, Hybrid Vehicle, Millenials, Study, technology

November 8, 2012 - Industry News

J.D. Power: Automakers Must Address Economy to Sell EVs

J.D. Power and Associates encourages automakers to address economic challenges, not just tout environmental advantages, to increase EV sales.

Tags: Customer Retention, economy, Electric Vehicles, EV, J.D. Power and Associates, sales

December 20, 2011 - Industry News

High Prices Will Limit EV Sales in 2012, Says Research Firm

A white paper issued by Pike Research revealed that many potential buyers will hold off on purchases of electric vehicles during 2012 due to the premium pricing of the vehicles.

Tags: Consumer Buying Habits, Electric Vehicles, Pricing, transaction prices

August 30, 2011 - Industry News

GM, LG to Jointly Develop Electric Vehicles

General Motors and LG Group, which served as the battery cell supplier for the car company’s Chevrolet Volt and Opel Ampera extended-range EVs, are partnering up again on the design and engineering of future electric vehicles (EV).

Tags: Chevrolet, Electric Vehicles, General Motors, LG Group, Opel America

November 30, 2010 - Industry News

Buyer Concerns for Electric Vehicles Detailed in New Study

Only seven percent of car shoppers say they are likely to consider an electric vehicle for their next new-vehicle purchase or lease, according to a Kelley Blue Book Market Intelligence study on electric vehicles.

Tags: Electric Vehicles, Kelley Blue Book

September 7, 2010 - Industry News

Strong Consumer Interest in Purchase of Green Cars, Autobytel Says

When it comes to new-car purchases, consumers who are concerned with environmental responsibility and economic stability believe they can meet their needs with the purchase of a green car, according to Autobytel’s recent "What’s Hot Now" report.

Tags: Electric Vehicles, Hybrid Vehicle, Vehicle Sales

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