GM Hedges its Bets on Ultium Platform
General Motors hopes its Ultium platform, which consists of batteries, motors, software and other components, will help it grow EV market share and overtake Tesla as the No. 1 EV maker.
May 18, 2022
General Motors hopes its Ultium platform, which consists of batteries, motors, software and other components, will help it grow EV market share and overtake Tesla as the No. 1 EV maker.
May 18, 2022
The Illinois Secretary of State Police temporarily blocked Carvana’s dealer license for failing to properly transfer vehicle titles.
May 18, 2022
New-vehicle affordability declined slightly in April despite revised data indicating stronger income gains, according to the latest Cox Automotive/Moody’s Analytics Vehicle Affordability Index.
May 18, 2022
The challenge arises over the EPA decision to reinstate the waiver and withdraw its interpretation of the Clean Air Act that would prohibit other states from adopting California’s more stringent vehicle greenhouse gas emission standards.
May 18, 2022
The National Automobile Dealers Association and 12 other trade groups to urge Congress to advance a bipartisan bill to combat this rising threat.
May 18, 2022
Join other dealership executives, suppliers and thought leaders from across the country, on July 20-22 in Fort Worth, Texas.
May 10, 2022
The seasonally adjusted Retention Index went down to 185.4 points in April 2022 as high gas prices strengthen some segments and weaken others.
May 5, 2022
The Used Retail Days-to-Turn Estimate has continued to drop over the last few weeks and remains below 36 days.
May 4, 2022
The loss leader in this equation was Toyota Motor Corp., which saw April sales volume fall 23%.
May 3, 2022
The automaker saw a Quarter One net income of $2.9 billion, just 2.7% lower than 2021, despite $2.5 billion in increased costs as global revenue rose 11%.
May 3, 2022
Toyota Motor Corp. is getting closer to using up a key U.S. tax credit for hybrid and electric vehicles, a situation company leaders say will raise its costs and hinder the adoption of climate-friendly cars.
May 3, 2022
Acquisition adds complementary product portfolio to Protective's asset protection division.
May 2, 2022
Penske Automotive Group first quarter net income sored from $183.1 million year over year to $369.5 million.
April 28, 2022
Most categories of dealership service and parts businesses have recovered from COVID-19 shutdowns, especially customer-pay work.
April 27, 2022
General Motors has requested its suppliers to sign a pledge of carbon neutrality and commit to social responsibility programs and sustainable procurement practices.
April 27, 2022
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