Category: Breaking News
Nissan Next Generation Leaf to be Produced outside U.S.
In launching the original first-generation LEAF, Nissan pledged to become a global leader in producing and promoting vehicles with zero tailpipe emissions. It was great…
2024 Automotive Industry Trends
In 2023, EVs gained momentum with a strong growth in the first half, up by 55% compared to the same period in the previous year,…
NADA Discusses Letter to Biden on EV Slow-Down
According to NADA’s recent release, a letter was sent to the Biden Administration by 3,882 dealerships urging Biden to ‘slow down,’ citing an EPA proposal…
EV Market Size Forecast: $152b by 2032
Significant advancements in electric vehicle technology have occurred in recent years, that is now leading industry analysts forecast growth of EV Market size to $152b…
Future $billions Revenue Stream in the Auto Industry: Subscription Fees
The future of revenue stream that is still yet untapped in the auto industry, is expected to be Subscription Fees. These are naturally based on…
European Union countries gave final approval to a landmark law to end sales of new CO2-emitting cars in 2035
European Union countries gave final approval to a landmark law to end sales of new CO2-emitting cars in 2035, after the countries’ energy ministers finalize…
Just released: 2022 Revenue by largest auto makers
2022 Revenue by major auto makers was still on the downward trend. However, some car manufacturers did better than others. Toyota Motor Corp sold 10.5…
Jaguar Land Rover concept vision: AI steering wheel residing in your home for autonomous cars. What does it do?
Jaguar Land Rover concept vision for AI steering wheel residing in your home for autonomous cars is an exciting news. Being interested and excited about…
Auto dealerships facing problems when trying to secure financing for consumers
Interest rate hikes by the Fed is certainly increasing the cost of financing a car for consumers. It has becomes more expensive for borrowers to…
Auto auction (wholesale) prices increasing, while cars sales stagnent
There is currently a serious challenge for auto dealerships, as rising auction prices and stagnant book values is leading to squeezed profit margins. On top…