Electric vehicle maker Lucid Group announced it’s taking a significant step to reshape operations by laying off about 18 percent of its U.S. Workers. Monday’s move is part of cost-saving measures outlined by new Chief Executive Officer Silvio Napoli and included the immediate elimination of the Chief Operating Officer position held by Marc Winterhoff. It […]
America’s Car-Mart Navigates Default Risk with Second Extension
Out of nowhere, America’s Car-Mart Inc. finds itself deep in money trouble. Lenders stepped in again this time offering another delay on payments, just like last time. That pause keeps disaster at bay for now. Still, needing help twice shows things are worse than they seemed. Shares dropped hard, falling fast without slowing. Behind the […]
Slate EV: A Customizable Truck for Real-World Budgets
Heavy batteries, flashy displays, long price tags those became the focus as electric cars evolved. Yet progress brought something else too: distance between buyer dreams and bank account limits. More people eye EVs now, yet sticker shock lingers hard when extras pile up on every model. Owning one? Still seems far off for many, even […]
US Auto Dealers’ Confidence Rises But Future Outlook Dims
Spring 2026 gave U.S. car sellers a needed lift. Because shoppers showed up in force through March and April, dealership results ticked upward. Confidence crept back into conversations after years clouded by doubt, spotty stock levels, while buyers changed their habits slowly. Yet even with inflation tugging at wallets, the mood inside showrooms grew less […]
Li Auto Targets Tesla FSD with In House AI Chip and Bold Roadmap
Li Auto Declares Open War on Tesla With Full-Stack AI Push “Chinese electric vehicle maker Li Auto has officially thrown down the gauntlet. The company today laid out a full-stack AI strategy that aims to fundamentally disrupt Tesla’s autonomous driving leadership.” Reuters (via Inside EVs). “The company stated at its comprehensive software and embodied intelligence […]
Toyota’s Strategic Masterclass Reclaims the Le Mans Crown
Strategic masterclass, tactical genius and endurance. That’s the way Toyota have won the Circuit de la Sarthe on two occasions (most recently this year) but here’s why they will in fact triumph and deny Ferrari their fourth consecutive 24 Hours of Le Mans title as the #7 Toyota Gazoo Racing entry. In a breathtaking, strategic […]
Auto Dealership Sales Hit Record Highs in Early 2026
Never have we seen so much activity, energy and enthusiasm in our auto retail space. If you thought the market was on some type of cooling off period, you are flat out wrong! Here in Q1 of 2026, this has never been more evident that the game is not only on, it is very big. […]
Navigating the Major Honda Recall for Subframe Corrosion
Honda, one of the world’s leading automobile manufacturers, has launched an enormous recall that encompasses roughly 900,000 vehicles because of the rear subframe on a number of Honda and Acura cars and trucks corroding premature to failure that could cause loss of suspension. According to sources, the corrosion on the rear subframes occurred on those […]
Tesla’s Full Self-Driving Vision on Trial in California
Very few companies spark more buzz and curiosity in the world of automobile tech than Tesla. We’ve all seen plenty of news and discussion revolving around Elon Musk’s vision for a driverless tomorrow and that vision now stands at the center of a major legal challenge. Around 7,000 Tesla owners will be represented as part […]
Porsche Reverses Course, Embracing Scarcity Over Sales Volume
For twenty years Porsche’s future seemed set, and perfectly happy. Make a sportscar; make more of that sportscar, build it; flog it. In the decades that the Stuttgart firm developed from a boutique creator of two-door icons to high-volume luxury giant delivering 320,221 cars in 2023, an all-time record few outside its offices gave a […]