Ford and GM Adopts Tesla Charging Network Sets Stage for Battle about Fast-Charging Standard
Jul 2, 2023
Consumer adoption of EVs has been limited because of a justified concern about the availability and reliability of public chargers. By adopting Tesla’s EV charging network, which is the largest and most reliable network in the country, Ford and GM are clearly focused on alleviating customer concerns about public char ... Continue reading
Jul 1, 2023
ATLANTA, June 7, 2023 – Overall dealer sentiment in the U.S. improved slightly in Q2 2023, according to the quarterly Cox Automotive Dealer Sentiment Index released today. The current market index is now at 45, up from 43 in Q1 but still below the threshold of 50, indicating that more dealers see the current auto mar ... Continue reading
"Creating a Green Future with Digital Energy" Digital Energy Forum held in Shenzhen, China
Jul 1, 2023
SHENZHEN, China, July 1, 2023 -- On June 29, 2023 International Digital Energy Expo opened in Shenzhen, China. On the morning of that day, the "Creating a Green Future with Digital Energy" Digital Energy Forum, its main forum, was held. ... Continue reading
KIA AMERICA POSTS BEST-EVER FIRST HALF SALES IN COMPANY HISTORY
Jul 1, 2023
Continuing momentum from 2022's record retail sales, Kia America set an all-time first half volume record of 394,333 vehicles, up 18-percent over the first-half of 2022. Kia's retail-only sales total for the past six months was 362,933, an increase of 17-percent over the first half of 2022. ... Continue reading
Hyundai Motor America Reports June and Q2 2023 Sales
Jul 1, 2023
June Total Sales Increased 10%; Q2 Total Sales up 14% All-Time Monthly Total Sales Records for IONIQ 5, Tucson PHEV & Kona EV Green Car Sales Climb; Represent 20% of Retail Sales Up 53% FOUNTAIN VALLEY, Calif., July 1, 2023 -- Hyundai Motor America reported total June sales of 69,351 units, an 10% increase compared wit ... Continue reading
EV Maker Lordstown Motors Announces Chapter 11
Jun 27, 2023
Files Complaint Against Foxconn that Details Fraud, Bad Faith and Repeated Contractual Breaches Leading to Value Destruction Commences Comprehensive Sale Process for Endurance Truck and Related EV Assets Files Chapter 11 to Implement Restructuring in Efficient Manner Company is Debt-Free and Continues to Operate with S ... Continue reading
Aston Martin Chooses Lucid Electric Powertrain Technology For Electric Future
Jun 26, 2023
Aston Martin will receive direct access to Lucid's proprietary electric powertrain technology, including its ultra-high performance twin motor drive unit, renowned battery technology, and revolutionary Wunderbox. ... Continue reading
Gee Automotive Celebrates 40 Years of Excellence in the Auto Industry
Jun 23, 2023
SPOKANE, Wash., June 23, 2023 -- Gee Automotive, a leading automotive dealership group, is proud to announce its 40th anniversary in June 2023. Founded by George Gee in 1983, the company has since become a mainstay in the auto industry, known for its exceptional service and commitment to customer satisfaction. ... Continue reading
Hagerty Raises $105 Million in Capital from Strategic Investors
Jun 23, 2023
Hagerty, Inc. , an automotive lifestyle brand and a leading specialty insurance provider focused on the global automotive enthusiast market, today announced that the company is raising $105 million in capital from existing strategic investors including State Farm, Markel Group and the Hagerty family. ... Continue reading
KIA AMERICA NAMED TO THE 2023 LIST OF MOST INFLUENTIAL COMPANIES
Jun 21, 2023
Kia entered the exclusive TIME100 Most Influential Companies list, highlighting companies making an extraordinary impact around the world. Kia is focused on becoming a leader in mobility by popularizing EVs and delivering sustainable mobility solutions, including purpose-built vehicles, and promoting more sustainable p ... Continue reading
Jun 21, 2023
2023 Economic Impact Report, highlighting the ongoing commitment and contributions international automakers and nameplate dealers are making across the U.S. According to the report, international automakers and dealers have significantly expanded their footprint in the U.S. auto industry, with $107 billion invested in ... Continue reading
Jun 21, 2023
Automaker Advocate Urges EPA to Ease 'Aggressive and Arbitrary' Emissions Rules The leading advocacy group for car companies on Monday urged the Biden administration to "ease up" on proposed emissions rules that aim to push automakers to sell 67 percent electric vehicles by 2032. According to The Detroit News, it's the ... Continue reading
2023 AMERICAN-MADE INDEX From CARS.COM - TESLA LANDS TOP SPOTS
Jun 21, 2023
GM, Ford, Honda and Toyota Claim Most Vehicles on 2023 Index — Car-shopping marketplace Cars.com™ today revealed the 100 vehicles on its 18th annual American-Made Index. Cars.com’s automotive experts independently evaluate vehicles contributing the most to the U.S. economy for manufacturing, parts sourcing and em ... Continue reading
Nutson's Weekly Auto News Wrap-up June 11-17, 2023
Jun 18, 2023
*Here are Larry's picks among the past week's important, relevant, semi-secret, or snappy automotive news, opinions and insider back stories presented as expertly crafted easy-to-understand automotive universe news nuggets.. ... Continue reading
Electric Vehicle Consideration (EVC) Report From JD Power
Jun 18, 2023
TROY, Mich.: 15 June 2023 — As automotive manufacturers pour billions of dollars into their electrification strategies and roll out new fully electric vehicles (EVs), new-vehicle buyer consideration is increasing, albeit slowly, according to the J.D. Power 2023 U.S. Electric Vehicle Consideration (EVC) Study,SM relea ... Continue reading
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