The car buying landscape is getting much-needed real transformation. Transparency around pricing is really catching steam, and online auto marketplace CarGurus is hopping on board next. Beginning July 14, every dealer listing on CarGurus for a used vehicle must list all mandatory dealer fees directly within the listing itself-to remove any surprise element in pricing. […]
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 […]
US Builds Regulatory Wall Against Chinese Auto Imports
The question of Chinese-made cars being introduced into the U.S. Market has moved from quiet industry chatter to a full-blown policy and political issue. What once only existed in trade and industry associations can now be found being openly discussed in Washington, where policymakers and industry figures are growing increasingly worried. Not only is this […]
Ford’s New Blueprint: Geely in Europe, Trucks in North America
Change in the worldwide automotive sector is not slow or predictable. It is fast and disruptive, and does not proceed at the same rate in every part of the world. Traditional automakers whose business plans depend on predictability of production and long-term investment will now be forced to reconsider all aspects of their businesses. Electrical […]
Automakers Rally to Defend North American Trade Integration
The American automotive industry was never just built in one country. For a time companies in the United States, Mexico and Canada have worked together to make cars. They have created a network where factories, suppliers, engineers and logistics systems all work together. A car might have steel from one country electronics from another. Be […]
Rivian CEO Scaringe Pinpoints ‘Extreme Lack of Choice’ as Key to EV Growth Slowdown
Thus, the electric vehicle (EV) industry is approaching a point of development where excitement coexists with caution. Over the last ten years, the sector grew and developed from something new to mature. However, the progress achieved by the industry turned out to be rather slow. On occasion, the deceleration in the market was quite alarming, […]
Record 12.1 Million Recalls Reshape the US Auto Industry
The recall rates of the first quarter 2016 will no doubt be a significant moment in the history of U.S. automotive industry for the surges in recalls that have taken manufacturers and vehicle owners alike by surprise. A record 12.1 million cars were recalled, a reflection of the challenges of the intricacies of today’s vehicle […]
EV Sales Hit a Roadblock at American Car Dealerships
The car market is experiencing a time which is thrilling and uncomfortable simultaneously. On paper the figures tell a very strong narrative, that is electric cars have passed a significant milestone and in one year more than a million cars have been sold in the United States. Such growth is normally an indication of a […]
Automakers Confront Over $35 Billion Tariff Bill Under New Trade Policy
The United States automotive industry is going through a time. There is a lot of pressure and big changes are happening. This is because of tariffs that have changed the way the world trades with each other. These tariffs have made it more expensive for companies to operate. They have to think about how and […]
High Rates, Falling Prices: The Deflationary Spiral Threatening the Automotive Industry’s Summer
The car industry is at a crossroads, having to deal with a complicated economic environment in which consumer cautiousness is becoming a defining factor in the marketplace. Although there is a shift towards more normalized automotive production, which allows people to purchase new cars with ease, potential buyers are highly reluctant. The main reasons behind […]