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Ford Bronco sales slide unconcerning to dealers after 2 years of markups

U.S. sales of the Bronco SUV are down 16 percent this year, but dealers and analysts say it's a function of supply and demand finally normalizing. Accessories and other add-ons remain lucrative......»»

Source:  AutonewsCategory: TopOct 23rd, 2024Related News

1 Thing We"re Talking About: Mobile service platform Curbee names new CEO

Mobile service startup Curbee has named Amit Chandarana as its new CEO. He replaces Denise Leleux, who helped launch the startup after serving as director of global customer and ownership experience at Tesla......»»

Source:  AutonewsCategory: TopOct 23rd, 2024Related News

Advanced driver-assistance systems could become $307 billion market by 2035, report says

Revenue from advanced driver-assist systems is expected to surge from just $1.7 billion in 2023, according to a report by Oliver Wyman Forum. The firm also expects massive revenue growth in EV charging services......»»

Source:  AutonewsCategory: TopOct 23rd, 2024Related News

GM, Ford try to ease fleet customers" switch to EVs

Switching to an electric vehicle comes with a host of considerations, including when and where to charge it. For fleet operators, moving away from gasoline-powered vehicles also comes with business implications. Some companies might be interested.....»»

Source:  AutonewsCategory: TopOct 23rd, 2024Related News

Column: Industry may need to think about Musk-Trump relations

We don't know why Elon Musk has become Donald Trump's biggest supporter, but he could be looking to regulate the regulators......»»

Source:  AutonewsCategory: TopOct 23rd, 2024Related News

Wayve, a British automated driving startup, embarks on U.S. expansion

British automated driving startup Wayve has opened an office in Sunnyvale, Calif., where it will locate a test fleet that's learning how to drive on American roads......»»

Source:  AutonewsCategory: TopOct 23rd, 2024Related News

Why a lot more used EVs are about to become eligible for a tax credit. Older ones are a mixed bag

First-generation EVs have design flaws and technological quirks that render them a mixed bag in terms of value. Late-model-year used vehicles are typically more reliable, though different climates or histories can affect battery health......»»

Source:  AutonewsCategory: TopOct 23rd, 2024Related News

Lithia Q3 net income dinged by acquisition costs; quarterly revenue hits record

Lithia Motors Inc.'s net income fell 16 percent during the third quarter as the company bought three Florida dealerships and a remaining minority stake in Pfaff Automotive Partners......»»

Source:  AutonewsCategory: TopOct 23rd, 2024Related News

Tighter programming helps curtail ChatGPT chatbot pranksters

Fullpath, maker of a data and experience platform for dealers that uses ChatGPT, has added programming guardrails to reduce the chance of AI-related problems......»»

Source:  AutonewsCategory: TopOct 23rd, 2024Related News

In political ad barrage, EVs get the short end of the stick, especially in Michigan

Some $21.5 million has been spent on EV-related ads this election cycle. About 88 percent, or $18.9 million, of it is negative, according to a study......»»

Source:  AutonewsCategory: TopOct 23rd, 2024Related News

China automakers to double overseas capacity to dodge tariffs, study finds

Chinese carmakers have built and commissioned complete manufacturing plants across nine countries, with annual capacity of 1.2 million units as of 2023, a figure set to more than double to 2.7 million in over a dozen countries by 2026, Bloomberg foun.....»»

Source:  AutonewsCategory: TopOct 23rd, 2024Related News

BMW U.S. boss bets on another record sales year despite Q3 slump

A recall-related stop-sale in the third quarter flipped BMW brand's 3.1 percent first-half sales increase into a 0.2 percent decline after nine months......»»

Source:  AutonewsCategory: TopOct 23rd, 2024Related News

F&I data: Used EVs losing value faster than hybrids and gas-powered cars

A Cox Automotive analysis compares the value of used hybrid, electric and gasoline vehicles with their sticker price......»»

Source:  AutonewsCategory: TopOct 23rd, 2024Related News

Stellantis to road test EV fleet with solid-state batteries

Stellantis NV plans to operate a test fleet of electric vehicles powered with solid-state batteries in two years’ time, taking a step toward potential commercialization of a technology that’s aimed at improving EV performance. The automaker wi.....»»

Source:  AutonewsCategory: TopOct 23rd, 2024Related News

Cracked skull, fractured bones show dangers at Rivian"s factory

Rivian has only one plant, yet has racked up more U.S. safety violations initially deemed “serious” than any other automaker since the start of last year. .....»»

Source:  AutonewsCategory: TopOct 23rd, 2024Related News

Could AI software put a value on a car dealership? Some say yes

While one firm is betting on AI's use to price dealerships, some industry experts question its ability to overcome subjective elements of dealership valuations......»»

Source:  AutonewsCategory: TopOct 23rd, 2024Related News

Trump says he"ll make interest on car loans tax deductible for vehicles made in U.S.

Trump has not specified if the tax breaks would be available to many foreign-owned automakers who produce millions of vehicles in the U.S., including Volkswagen Group, Toyota and Hyundai......»»

Source:  AutonewsCategory: TopOct 23rd, 2024Related News

Toyota plans 20% increase in 2025 Sienna minivan production

The 2025 Toyota Sienna's midcycle refresh concentrates on the minivan's interior, where a new rear-seat passenger reminder system and updated multimedia systems will be standard......»»

Source:  AutonewsCategory: TopOct 23rd, 2024Related News

2025 Toyota GR Corolla gets an optional $2,000 automatic transmission

Toyota added an optional eight-speed automatic to its GR Corolla hot hatch for 2025, though the automaker expects that just 22 percent of consumers will choose the $2,000 option......»»

Source:  AutonewsCategory: TopOct 23rd, 2024Related News

Service tip: Managers need coaching to be better coaches

Service managers need a few strategies and suggested questions to prompt them to be better coaches for their employees, said service trainer and consultant Larry Edwards......»»

Source:  AutonewsCategory: TopOct 23rd, 2024Related News