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A female mechanic is leading an initiative to honor and recognize women’s crucial role in the transportation industry and support for those fighting breast cancer.
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Tesla price cuts that shook up the market and challenged the profitability picture for all automakers.
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Cox Automotive welcomes a return to normalcy after four years of everything but normal, with nothing in the data suggesting vehicle market surges in any direction.
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In an effort to jump start a slowing market, EV manufacturers will offer more models, incentives, discounts, advertising, and sales muscle.
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Vehicle supply seems to be less of an issue, while the effects on new-vehicle costs will manifest in the longer term.
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Analysis: Electric vehicle adoption is happening much slower than expected, and the profit margins are abysmal.
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Electric vehicles can burn at twice as hot as magma, but advances in battery technology and operational practices will further reduce the chances of a catastrophic fire.
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While the UAW strike has slowed output at auto factories nationwide, the fallout has not fully hit consumers in dealer showrooms.
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The overall used-vehicle inventory volume is still considered limited and has been stuck in the 2.2 million to 2.3 million range for the past four months.
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After a 41-year career at Cox Automotive, current CFO Mark Bowser will retire this year and Senior Vice President of corporate development Scott LeTourneau will take his place on September 19.
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