A customer seems at a vehicle at a BMW dealership in Mountain See, California, on Dec. 14, 2022. David Paul Morris | Bloomberg | Getty Illustrations or photos DETROIT —…
Tag: industry
Tesla, EV industry get first recession stress test. Will it be a bust?
Pedestrians walk past the Tesla Motors official authorized car dealer store in Hong Kong. Sopa Images | Lightrocket | Getty Images Is the first electric-vehicle recession here, or coming soon?…
Wall Street eyes auto industry earnings for signs of ‘demand destruction’
A indication advertises to invest in vehicles at a used car or truck dealership in Arlington, Virginia, February 15, 2022. Saul Loeb | AFP | Getty Visuals DETROIT – Since…
How Amazon is giving Rivian an edge in the EV industry
Pursuing in Tesla’s footsteps, an additional electric powered car corporation has been producing a title for itself, with a exclusive spin: Rivian Automotive. Established in 2009, Rivian is focusing on…
Automakers investing in the South as EVs change the auto industry
Jack Weaver, an 82-12 months-outdated retired dairy farmer whose household sits on a Civil War battlefield, lives around Typical Motors’ Spring Hill plant in Tennessee. Michael Wayland / CNBC SPRING…
AutoNation and Lithia’s race to dominate the auto dealership industry
Auto dealerships have been mom and pop organizations for significantly of their existence. But the field is bit by bit consolidating. 6 publicly traded dealership groups — AutoNation, Lithia Motors, Team…
Putin demands his government support Russian car industry
LONDON — Russian President Vladimir Putin purchased his federal government on Thursday to immediately come up with new steps to assist the domestic motor vehicle industry, which has witnessed revenue…
How the massive EV transition is starting in the car rental industry
Tesla Product 3 electric cars at a Hertz airport locale. Photo by E.R. Davidson Not extensive just after Hertz International Holdings emerged from individual bankruptcy final summer time, reorganized following…
Ford CEO expects industry consolidation as electric-vehicle transition fuels costs
Ford CEO Jim Farley poses up coming to a model of the all-new Ford F-150 Lightning electric pickup truck at the Ford Rouge Electrical Car or truck Middle in Dearborn,…
Sony Vision-S 02 revealed, moves company big step towards car industry
For a company that stressed it had no desire in setting up a auto, Sony absolutely sure seems to be on the brink of starting to be an automaker. It…