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Is worst of new-vehicle inventory shortage in rearview mirror?

Inventory levels rose sharply in December and crested 1.8 million for the first time since May 2021, according to Cox Automotive. While still constrained, a slower selling rate has helped dealership stocks return to something closer to normal levels,.....»»

Category: topSource:  autonewsJan 15th, 2023

EV sales remain healthy despite online doom and gloom

Battery EVs are expected to account for more than 8 percent. Enlarge (credit: Aurich Lawson | Getty Images) Battery-electric vehicles accounted for 8 percent of new vehicle sales in June and July of this year and should.....»»

Category: topSource:  marketingvoxRelated News19 hr. 57 min. ago

Samsung Wants Better Software Integration Between Cars and its Phones

Samsung recently announced a new collaborative effort alongside Hyundai Motors and Kia. The post Samsung Wants Better Software Integration Between Cars and its Phones appeared first on Phandroid. The continued modernization of in-vehicle i.....»»

Category: asiaSource:  phandroidRelated NewsSep 26th, 2024

AI use: 3 essential questions every CISO must ask

In July, Wall Street experienced its worst day since 2022, with the tech-focused Nasdaq falling by 3.6%. The downturn was largely triggered by what commentators suggest is the result of underwhelming earnings from some major tech companies. What’s.....»»

Category: securitySource:  netsecurityRelated NewsSep 26th, 2024

CarMax"s Q2 net income rises 12%, revenue falls less than 1%

CarMax said it retailed 211,020 used vehicles in its second fiscal quarter, up 5.1 percent year over year. Same-store used-vehicle retail sales rose 4.3 percent......»»

Category: topSource:  autonewsRelated NewsSep 26th, 2024

Study reveals mallards" flight responses ineffective in preventing vehicle collisions

An article published in PeerJ Life & Environment has uncovered insights into how mallards (Anas platyrhynchos) respond to approaching vehicles, revealing that these common waterbirds are poorly equipped to avoid collisions, particularly at high speed.....»»

Category: topSource:  physorgRelated NewsSep 25th, 2024

With fewer prime used cars, dealers innovate in complex market

Fewer off-lease vehicle returns predicted for 2024 and 2025 set the stage for more competition for less-aged used vehicles and higher costs to acquire them......»»

Category: topSource:  autonewsRelated NewsSep 25th, 2024

Rolls-Royce brings white-glove vehicle customization to U.S.

The New York Private Office joins similar hubs in Dubai and Shanghai. Los Angeles and Miami are on the short list for a future design studio......»»

Category: topSource:  autonewsRelated NewsSep 25th, 2024

Study shows virtual reality may help pedestrians and cyclists avoid harmful pollutants

Physics-informed virtual reality could be key to reducing the exposure of pedestrians and cyclists to harmful, non-exhaust vehicle emissions, according to a study published 25 Sep in the Royal Society Open Science journal......»»

Category: topSource:  informationweekRelated NewsSep 25th, 2024

Lower-income households have high auto payments, according to Bank of America

The customers who purchased vehicles during the height of the inventory shortages are still feeling the strain; lower-income households seem to be feeling that strain the most......»»

Category: topSource:  autonewsRelated NewsSep 24th, 2024

Rivian launches pre-owned vehicle sales, joining Tesla in growing used EV market

Rivian has launched pre-owned sales of R1T and R1S models. Demand for used electric vehicles is solid because steep depreciation makes them a good value compared with gasoline cars, iSeeCars says......»»

Category: topSource:  autonewsRelated NewsSep 24th, 2024

Ford"s Marin Gjaja: Dispelling EV misperceptions is key

The COO of Ford's electric vehicle business unit said car shoppers don't fully realize the benefit of charging at home or having an in-vehicle generator......»»

Category: topSource:  autonewsRelated NewsSep 24th, 2024

Auto industry aims for digital experience as easy as smartphones, streaming services

Software-defined vehicle technology underpins an easy in-car experience, panelists said at the Automotive News Congress......»»

Category: topSource:  autonewsRelated NewsSep 24th, 2024

Arlo Secure gets powerful new AI features, including person and vehicle detection

Arlo Secure can now send you personalized alerts when people or vehicles enter your property. You can even create custom alerts for specific motion events......»»

Category: topSource:  digitaltrendsRelated NewsSep 24th, 2024

EV sales will improve when automakers address affordability, experts say

The big hindrance constraining electric vehicle sales remains affordability, said Dave Katarski, COO of Feldman Automotive Group, during a panel discussion at the Automotive News Congress......»»

Category: topSource:  autonewsRelated NewsSep 24th, 2024

May Mobility slashes growth plans in Michigan

The Toyota-backed driverless vehicle operator has walked back expansion plans announced a year-and-a-half ago, cutting the number of planned new jobs by a third, according to a state memo. .....»»

Category: topSource:  autonewsRelated NewsSep 24th, 2024

Arlo Secure 5 boosts smart home security

Arlo Technologies announced Arlo Secure 5, the next generation of smart home security powered by Arlo Intelligence (AI). Arlo’s new proprietary AI technology introduces a suite of features such as custom detections, vehicle recognition and pers.....»»

Category: securitySource:  netsecurityRelated NewsSep 24th, 2024

Increasing protein in staple crops could help alleviate global protein shortage

A Mississippi State biologist's research in improving global nutrition and sustainability is featured this week in New Phytologist......»»

Category: topSource:  marketingvoxRelated NewsSep 24th, 2024

U.S. proposes ban on Chinese vehicle software

Pending restrictions stem from an investigation of cybersecurity risks from Chinese vehicle software that President Joe Biden launched in March......»»

Category: topSource:  autonewsRelated NewsSep 23rd, 2024

AM Radio for Every Vehicle Act passes panel vote

The bill requires all new passenger vehicles to include devices for accessing AM broadcast stations, and now pends house approval......»»

Category: topSource:  autonewsRelated NewsSep 23rd, 2024

7 people injured in multi-vehicle crash on I-70 in Washington County

7 people injured in multi-vehicle crash on I-70 in Washington County.....»»

Category: topSource:  theglobeandmailRelated NewsSep 22nd, 2024