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Can California’s electric-vehicle push overcome the red-state backlash?

A wall of license plates at the Elwood Haynes Museum, in the former mansion owned by Elwood Haynes, an inventor who is credited with being the first to produce cars commercially in 1894, in Kokomo, Ind. This industrial city an hour north of Indianapolis isn’t as famous as Detroit, but it has become an unlikely battleground in the war over…
ATAE

Finally, the End of the Car Dealership?

It’s become trendy to mock Tesla in recent years. From the disastrous Cybertruck announcement, to viral clips of exploding cars and Teslas under computer control attempting to drive into oncoming traffic, the company and its egomaniac CEO Elon Musk have lost much of the shine they had five years ago.
NADA | NADA Headlines

Ram Reveals First Electric Pickup in Late Entry to EV Truck Race (Bloomberg)

Stellantis NV offered a glimpse of the first electric pickup from its Ram brand as the automaker aims to move from laggard to leader in the increasingly competitive field of plug-in trucks.
NADA | NADA Headlines

Stellantis May Shut More Plants as Electrification Costs Bite (Bloomberg)

Stellantis NV may idle additional car manufacturing plants as it grapples with higher inflation on top of the cost of electrifying its lineup, Chief Executive Officer Carlos Tavares said.
NADA, NADA Show | NADA Headlines

Download the NADA Show 2023 Mobile App

The Auto Industry Event of the Year is just weeks away and it’s time to get in gear: Download the official mobile app and get ready to make a big splash at NADA Show 2023!
NADA | NADA Headlines

NADA Market Beat: 2022 New Light-Vehicle Sales top 13.7 Million Units

New light-vehicle sales in 2022 topped 13.7 million units, the lowest full-year sales total since 2011. The semiconductor microchip shortage, along with other supply chain disruptions, were the principal reasons why industry sales fell by 8.2% compared with 2021. Given tight microchip supplies, the automakers prioritized production of higher-…
NADA | NADA Headlines

Toyota's 2022 U.S. Auto Sales Down 9.6% on Part Shortages (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. Toyota Motor Corp on Wednesday posted a 9.6% fall in its 2022 U.S. new vehicle sales as a shortage of semiconductor…
NADA | NADA Headlines

BMW Sales Dip in 2022, Targets 15% Battery-Electric Sales This Year (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. The BMW Group sold around 100,000 fewer cars in 2022 at 2.4 million vehicles, but more than doubled the proportion…
NADA, ATD | Webinar

Recession Proof Your Business – Keep More of Your Money in 2023

Join Doug Austin, CEO of StrategicSource, as he focuses on the hard dollar and soft cost savings due to new internal efficiencies. He will provide examples of how auto dealers have reduced costs of services and supplies in various expense categories, recovered dollars paid to suppliers in overcharges, tax recoveries and more - all adding to dealer…

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