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Audi to Bring Back Lower-Priced Models as Chip Shortages Ease After Bumper 2022 (Reuters)

The article below is sourced from Reuters Wire Service. The views and opinions expressed in this story are those of the Reuters Wire Service and do not necessarily reflect the official policy or position of NADA. Volkswagen-owned Audi forecast sizeable revenue growth in 2023 to 69-72 billion euros ($149.53 billion) from 61.8…
NADA | NADA Headlines

North American EV Production Is Slowly Catching Up to Demand (Bloomberg)

The article below is sourced from Bloomberg Wire Service. The views and opinions expressed in this story are those of the Bloomberg Wire Service and do not necessarily reflect the official policy or position of NADA.  It’s been almost a year since the Volkswagen factory in Tennessee went fully electric. Last July, the 12-…
NADA | NADA Headlines, Sponsored Content

Stop Paying for Your Customer’s Air Miles and Credit Card Points and Start Recovering Credit Card Fees

Many dealers constantly take a hit for customers who are using their credit card to process payments related to their vehicles.
ATAE

Ford planning $3.5B battery plant in Michigan

Michigan’s transformation into a new hub of electric vehicle battery manufacturing started with a loss in fall 2021, when Ford Motor Company turned away from its home state for its largest manufacturing investment to date.
ATAE

RAM To Show Dealers New Midsized Electric Truck Concept Next Month

RAM has been often seen as a little late to the electric pickup truck party. The RAM 1500 REV is finally just around the corner but the automaker is also working on a new midsize electrified truck too.
ATAE

Tesla will open charging network to other EVs

Tesla has agreed to make part of its extensive charging network available to drivers of other brands, the White House said Wednesday.
ATAE

State Senate EV bill gets first airing

The first bill to emerge from a legislative study committee that met last year to explore how to prepare Georgia to accommodate an anticipated influx of electric vehicles is making its way through the General Assembly.
ATAE

Ford and Rivian go their separate ways after filing shows massive stock sale in 2022

The once-promising strategic partnership between Ford and Rivian is “nearly complete” after a new SEC filing shows Ford trimmed its stake to just 10.5 million shares in 2022.
ATAE

Biden administration announces $2B loan for electric vehicle battery manufacturing

The Biden administration on Thursday announced that it would issue a $2 billion loan to a battery manufacturing facility as it looks to bolster the country’s supply chain for electric vehicles.
ATAE

Hyundai Launches Evolve+: A New Electric Vehicle Subscription Service for the Modern Driver

Hyundai Motor America and Hyundai Capital America have jointly announced the launch of their new Evolve+ electric vehicle (EV) subscription service at the 2023 Chicago Auto Show.

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