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  • Why many EV buyers still prefer dealerships
    Automotive

    Why many EV buyers still prefer dealerships

    September 28, 2022 /

    The effects? Prospective purchasers want to use each on line and in-particular person means to buy an EV. The report indicates equally legacy and EV professional automakers supply an omnichannel buying experience, claimed K.C. Boyce, Escalent’s vice president of powertrain innovation and vitality transformation. The dealership will keep on being a pivotal element of an EV intender’s buying expertise, in accordance to the report. The study finds 74 {515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} of respondents would like to purchase an EV at a dealership, relatively than from an vehicle company or 3rd bash. Individuals who very own an EV, EV intenders and youthful purchasers are additional probable to prefer paying for instantly from an…

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    Stellantis 2022 earnings strong despite logistics, chip problems

    Stellantis 2022 earnings strong despite logistics, chip problems

    February 23, 2023
    Most Asian automakers report U.S. sales surge in November

    Most Asian automakers report U.S. sales surge in November

    December 2, 2022
    CarMax offers finance prequalifying online

    CarMax offers finance prequalifying online

    April 24, 2023
  • Qualcomm CFO Focuses on Investing in Budding Automotive Business
    Automotive

    Qualcomm CFO Focuses on Investing in Budding Automotive Business

    September 28, 2022 /

    Qualcomm Inc.’s finance chief Akash Palkhiwala is weighing how a lot to allocate toward the company’s escalating automotive-chip business as shopper demand from customers for smartphones–a important generator of income for the technology firm–continues to slow. The San Diego-based mostly company–best recognized for its cellular-phone chips–in current quarters has pushed to diversify its business by providing chips for vehicles and web-related equipment. The technique, which was set in location by Main Executive Cristiano Amon final November, preceded the decrease in demand from customers for smartphones in modern months as consumers go on to grapple with superior inflation and financial uncertainty. Qualcomm in July slice its forecast for smartphone shipments for…

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    Francis McGee Comments Off on Qualcomm CFO Focuses on Investing in Budding Automotive Business

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    Akio Toyoda: California, U.S. EV targets will be hard to achieve

    Akio Toyoda: California, U.S. EV targets will be hard to achieve

    October 1, 2022
    Dec. U.S. auto sales: GM reclaims U.S. sales crown; Toyota, Ford edge up; Hyundai, Kia post double-digit gains to finish 2022

    Dec. U.S. auto sales: GM reclaims U.S. sales crown; Toyota, Ford edge up; Hyundai, Kia post double-digit gains to finish 2022

    January 6, 2023
    Will It Continue to Soar?

    Will It Continue to Soar?

    January 25, 2023
  • FTC sending $415K to Tate’s Auto Group dealership customers
    Automotive

    FTC sending $415K to Tate’s Auto Group dealership customers

    September 28, 2022 /

    Much more than $415,000 well worth of refunds are on their way to 3,508 former buyers of the now-shuttered Tate’s Vehicle Group, the Federal Trade Commission introduced Sept. 15. The cash will compensate buyers who financed a car at a Tate’s Vehicle dealership and experienced the car or truck repossessed, in accordance to the FTC. The agency in 2018 alleged the four-locale Arizona and New Mexico group falsified purchaser cash flow and down payments on credit history apps — environment buyers up with loans they could not afford. Quite a few of the dealership’s buyers had been citizens of the Navajo Nation, according to the FTC. The payouts occur about…

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    GM’s Mary Barra leads 2023 Automotive Hall of Fame class

    GM’s Mary Barra leads 2023 Automotive Hall of Fame class

    February 11, 2023
    Most Asian automakers report U.S. sales surge in November

    Most Asian automakers report U.S. sales surge in November

    December 2, 2022
    Automotive Cybersecurity Market Size to Worth USD 16.43 BN by 2032

    Automotive Cybersecurity Market Size to Worth USD 16.43 BN by 2032

    March 12, 2023
  • Mullen Automotive’s ‘Strikingly Different’ Tour Kicks Off
    Automotive

    Mullen Automotive’s ‘Strikingly Different’ Tour Kicks Off

    September 28, 2022 /

    BREA, Calif., Sept. 26, 2022 (Globe NEWSWIRE) — by means of InvestorWire — Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electrical vehicle (“EV”) company, announces now the kickoff dates of its “Strikingly Different” Tour for the Mullen 5 EV Crossover.  Mullen is very pleased to get started the “Strikingly Different” Tour with the first quit in California on Oct 27 and 28 at the Rose Bowl in Pasadena, California. From there, the U.S. tour will carry on to Las Vegas, Nevada, on Nov. 10 and 11 at the entire world-famous Las Vegas Motor Speedway.  More particulars include: Los Angeles, CARose Bowl | Pasadena, CATackle: 1001 Rose…

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    Hyundai speeds up software fix for theft-targeted vehicles

    Hyundai speeds up software fix for theft-targeted vehicles

    April 18, 2023
    FTC sending $415K to Tate’s Auto Group dealership customers

    FTC sending $415K to Tate’s Auto Group dealership customers

    September 28, 2022
    Global Automotive Steel Market size to accrue 193.2 BN while expanding at 5.21{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} CAGR through 2028

    Global Automotive Steel Market size to accrue 193.2 BN while expanding at 5.21{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} CAGR through 2028

    November 24, 2022
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