Cupra announced Raval as the name of small electric hatchback

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Also on Thursday, the Seat announced record operating profit for the first quarter of 2023, at 144 million euros, compared with five million euros in the first quarter of 2022. Revenue was 3.6 billion euros, 48 ​​percent higher than the first quarter of 2022. Cupra began as a trim line of Seat and became its own sub-brand under former CEO Luca de Meo, now CEO of Renault Group. Cupra is now Seat’s main growth driver, Seat said. Seat said Cupra sold 46,600 units during the first quarter of 2023, 83 percent more than in the same period in 2022. Seat…
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Regina automotive garage hopes a switch to 4-day week will help work-life balance

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A handful of mechanics in Regina now have a work week that is one day shorter than most. The automotive repair shop run, Kinetic Auto Service, asked its workers how it could improve their employment. Their response: a four-day work week. “I was actually really looking forward to having more time to spend with my family,” Kinetic technician Allie Punga told CBC. “I have a six-year-old and we have another one on the way, so any extra time not at work is a bonus.” Kinetic employees will work 10-hour days from Tuesday to Friday, then have a three-day weekend. Punga…
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Union momentum heats up in Canada’s auto parts sector

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LONDON—More than 150 auto parts workers at Sodecia Automotive hot stamping facilities in London, Ontario voted to join Unifor last month after a year-long union drive. “Auto parts workers understand that joining Unifor means driving higher standards of living for workers across the industry,” said Lana Payne, Unifor National President. “Momentum is growing across the sector to join our union as workers look to secure a better future for themselves, their families and their communities.” Workers at Sodecia Automotive manufacture a wide range of auto parts for major automakers including General Motors and Tesla. After successfully voting to join the…
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Why there may be no return to ‘normal’ for the used vehicle market

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Customers browse in a used car lot on February 15, 2023 in Glendale, California. Mario Tama | Getty ImagesAll new vehicles become used cars and trucks once they’re sold. It’s an obvious statement, but one that needs to be laid out to explain the root cause for ongoing inventory and pricing issues in the US used vehicle market, which has been a barometer for the country’s inflation levels.related investing newsDuring the onset of the coronavirus pandemic in early 2020, automakers shuttered factories for weeks to stop the spread of Covid-19. This was an unprecedented action that eventually…
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Hyundai Heads to Home Event at Weathertech Raceway Laguna Seca With Momentum – Autos Community

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Hyundai Motor America continues competing in the IMSA Michelin Pilot Challenge (IMPC) as the schedule shifts to WeatherTech Raceway Laguna Seca for the Motul Course De Monterey, powered by Hyundai N weekend – the home event for Hyundai Motor America. Making his debut at WeatherTech Raceway Laguna Seca, and IMPC is Jordan Wiseley. Wiseley is an actor and athlete who competed on MTV’s THE CHALLENGE television series and became one of the winningest competitors across seven seasons. The WeatherTech Raceway Laguna Seca 120 is set to see the green flag fly at 7:30 pm ET / 4:30 pm PT on…
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What dealerships service managers are reading

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When I was first starting at Automotive News a few years back and trying to learn the service and parts business, Lee Harkins, CEO of dealership training company M5 Management Services, let me be a fly on the wall at one of his performance group meetings. I must not have made too big of a nuisance of myself because I’ve been invited back to every meeting since, including one a couple weeks ago in Orlando. The discussions there were the same: What are you struggling with? Where are you having success? What’s one best practice you want to share with…
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Kia and Hyundai Break-Ins On the Rise in Kent

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Social media challenges, which have steadily increased since 2020, range from silly and benign to downright dangerous and harmful. One of the latest harmful challenges to hit social media this summer is the “Kia Challenge”—and it continues to gain momentum across the country. The Kia Challenge is a TikTok trend that encourages social media users to steal Kias manufactured between 2011-2021 and Hyundais made between 2015 and 2021. These models are being targeted because they don’t come with an engine immobilizer, which is a piece of hardware that prevents the engine from starting if the matching chip in the key…
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April sales up 2.3% but still below pre-pandemic levels

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New light-vehicle sales in April were up 2.3 per cent compared with the same period last year, but still below pre-pandemic levels, at an estimated 144,069 units compared with 180,616 in April 2019, according to DesRosiers Automotive Consultants. Sales in April were also slightly below March. All figures are estimates now that the vast majority of automakers report sales on only a quarterly basis. DesRosiers managing partner Andrew King said in a statement that the seasonally adjusted annual rate of sales for April was 1.48 million units. King says that’s easily the weakest reading so far in 2023, and a…
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