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Industry leaders dispel the notion that dealers do not support EV sales.
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Stellantis has suspended production at its Russian plant, which employs 2,700 people, over logistical difficulties and sanctions imposed on Moscow.
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Pinkett will provide the vision and guidance needed to develop and implement systems, tools, and processes founded through innovation to drive business evolution and efficiencies.
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Experts suggest automakers focus their attention on the user experience and greater collaboration as they content with limited semiconductor chip supplies.
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Hyundai Motor Corp. will build an assembly plant in the U.S. for electric vehicles and batteries, COO Jose Muñoz announced.
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GM reported it had agreed to a multiyear deal for cobalt from Glencore’s Murrin Murrin mine in Australia.
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The Estimated Average Weekly Sales Rate decreased a little last week to 67%, with sellers holding firm to floor pricing.
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The luxury automaker credits strong factory-dealer communications as the reason dealers could sell into the pipeline.
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The first quarter of 2022 came to a close with new-light vehicle sales in March totaling a SAAR of 13.4 million units, a decline of 4.6% compared to February 2022 and a decline of 24.4% compared to March 2021’s SAAR.
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Manheim Market Report values saw weekly price increases that accelerated in each full week of March after the first week saw the smallest decline thus far this year.
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