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Newsby StaffAugust 4, 2021

GM Again Shutters Truck Assembly Plants Amid Chip Shortage

The company will idle plants in Flint, Michigan; Fort Wayne, Indiana; and Silao, Mexico, just one week after the plants resumed production after an earlier shutdown related to the shortage.

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Newsby StaffAugust 3, 2021

No Clear Future Roadmap by Ford for India

Ford presently offers only five key vehicle models in the country including its flagship EcoSport and Endeavour models, which are now losing share to newer competing products.

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ArticlesAugust 2, 2021

Red Hot Buy-Sell Market Expected to Continue

Kerrigan Advisors’ Founder Erin Kerrigan predicts unprecedented buy/sell activity through 2022.

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Newsby StaffJuly 29, 2021

Binary Automotive Solutions Rolls Out New, Complimentary Marketing Assets for Dealerships

Binary Automotive Solutions new marketing collateral delivered free of charge to dealer partners include place mat laminates, custom stickers and animated videos.

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Newsby StaffJuly 29, 2021

Electrified Vehicle Sales Accelerate in Q2

The U.S. auto market has seen growth this year in nearly every segment, but no segment is growing more quickly and more relentlessly than electrified vehicles.

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Newsby StaffJuly 29, 2021

Lithia Motors Predicts End to New-Vehicle Shortage  

“We expect inventories to continue to normalize throughout the back half of 2021 and in the first part of 2022,” said Chris Holzshu, Lithia chief operating officer, in an earnings conference call.

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Newsby StaffJuly 29, 2021

Biden to Resurrect Obama-era Push to Green Auto Mileage Standards

President Joe Biden has proposed a return to aggressive Obama-era vehicle mileage standards over five years.

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Newsby StaffJuly 27, 2021

TRADE X Secures $35 Million in New Equity Financing for Global Expansion

The new capital will fuel TRADE X's growth strategy and drive forward its mission of eliminating barriers to buying and selling pre-owned vehicles across international borders.

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Newsby StaffJuly 27, 2021

Cadillac: Our Future is Electric

Cadillac announces that every new or redesigned vehicle in North America will be electric to fulfill the luxury brand’s role as General Motors’ lead EV brand.

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ArticlesJuly 22, 2021

Weathering and Prospering During the Automotive Industry Inventory Shortage

Dealerships that capitalize on their current customers data have a distinct competitive advantage when combatting the current inventory challenges.

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