Tag: auto industry news
VinFast’s market cap overtakes Ford and GM after SPAC merger
VinFast, a Vietnamese manufacturer of EVs, made an extraordinary debut on the Nasdaq stock market on August 15. Shares of the automaker, which went...
Stellantis invests more than $100 million in California lithium project
Stellantis revealed its' investing more than $100 million into California's Controlled Thermal Resources, its latest bet on the direct lithium extraction (DLE) sector amid...
How to effectively follow up without endangering the sale – Matt...
It can be exciting when a sales representative gets a call from a lead or potential customer, but what happens during that call, can...
Rivian reveals smaller than expected quarterly loss, updates its 2023 EV...
On August 8, the EV maker Rivian revealed a second-quarter loss that was narrower than expected and raised its EV production guidance for the...
Identifying new opportunities in the fixed operations space — Jade Terreberry...
Many car dealers understand the importance of service departments, but are they aware of the new opportunities in today's fixed operations business? In this...
Edmunds discovers low brand loyalty rates among EV buyers
Electric vehicle customers are highly likely to consider new brands when shopping for a product, according to an Edmunds study on brand loyalty in...
Ex-CEO Ghosn sues Nissan for $1 billion over alleged defamation
Ex-Nissan CEO Carlos Ghosn has filed a lawsuit against his former employer, seeking $1 billion in compensation for alleged defamation, slander, libel and fabrication...
OEMs and auto dealers: helping consumers together — Jessica Stafford |...
Auto dealers and car manufacturers may not always see eye to eye, but the need for cooperation between the two is more important than...
Tesla drops Model X, Model S EV prices weeks before end...
Tesla applied new incentives and discounts to its electric vehicle lineup on June 17, lowering the Model X and Model S prices and offering three years...
U.S. EV sales take second place worldwide thanks to “crucial” tax...
A sharp rise in electric vehicle sales has made the U.S. the world's second-biggest EV market behind China.
According to technology-market research firm Counterpoint, first-quarter EV...
