A “reset” in electric vehicle plans Inside EVs the automotive industry is entering a reset as automakers reevaluate their rollouts of full EVs. While the long-term demand for zero-emission vehicles is promising, weak consumer interest in some segments, anemic sales in some regions, a new tariff structure, the changing economics of batteries, and updates to […]
Industry Analyst Michael Dunne Issues Strategic Warning to U.S. Automakers on Global Competition
Global competition in auto race accelerating. Michael Dunne an automotive consultant-warned American automakers that they must get a handle on their costs, management layer and inefficiency or risk being unable to compete globally. The author of three books about automotive trends was in the Aug. 15 show “Inside Automotive,” and was a speaker at The […]
Automakers Accelerate Hybrid Vehicle Production Across North America to Meet Growing Consumer Demand
A new chapter is opening up for the North American automotive industry as the major automakers are extending their commitments to hybrid vehicles. Increased consumer interest in fuel efficient transportation, coupled with shifting market demands and the expiration of federal EV tax credits has led to a refocusing on product strategy among automakers. Automakers are […]
Automakers and Suppliers Improve Relations in Unprecedented Industry Shift
The automotive sector is characterized by its finished products: electric cars, trucks, and SUVs that are technologically advanced and powerful.The automotive industry is often seen in terms of its products: electric vehicles, powerful trucks, and technologically advanced SUVs engineered and developed over the years. However, for each vehicle assembled, there is a massive chain of […]
How Automakers Are Quietly Raising New Car Prices
The average price for a new vehicle in the United States hovers stubbornly near the $50,000 mark, a figure that continues to put pressure on household budgets nationwide. Many shoppers still focus primarily on the manufacturer’s suggested retail price (MSRP), assuming it reflects the true cost of a vehicle. A close look at the window […]