Tag: automotive news magazine

Tesla Shattered Delivery Targets But Margins Remain The Question

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A red Tesla Model 3 was seen on a lot outside a Tesla store.good morning! It’s Monday, July 3, 2023 and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know. 1st Gear: Volume, Volume, Volume Tesla moved 466,140 vehicles globally in the second quarter of 2023, when analysts expected about 448,000. Wall Street loves it when this happens, as evidenced by Tesla’s stock trending more than 6% up in premarket trading Monday. Courtesy Bloomberg: Read more“It’s a big…
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Having Problems with Your Car’s Windows Sliding Down?

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Are you frustrated because your car windows won’t stay up? Many vehicle owners in Tampa have problems with sliding car windows. Keep reading to learn more about why this happens and how expert repair services can keep your door windows in place. 3 Reasons for Windows that Won’t Stay Up Sometimes, your vehicle’s windows won’t stay up because the child safety switch is engaged or the ignition switch position needs to be in the accessory mode. When these simple fixes are the cause of your sliding window problem, you likely have one of the following issues that service technicians need…
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Two researchers die after EU-funded hybrid car explodes in Italy

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ROME — Two people have died after a hybrid car prototype that was being developed and tested with European Union funds blew up last week in the southern Italian city of Naples. The Life-Save project aims to turn cars with conventional combustion engines into hybrid vehicles, running at least partially on solar energy. One vehicle equipped with the experimental technology caught fire last Friday, seriously injuring the two people who were on board. Maria Vittoria Prati, a researcher at Italy’s National Council of Research (CNR), died of complications from third-degree burns on Monday. The other occupant, research apprentice Fulvio Filace,…
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Expert Insights: Dealership Succession Planning

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ABOUT THE PANELISTS FARID AHMAD Founder and Chief Executive Officer, DSMA With over 35 years of global auto industry experience, Farid is considered a genuine industry expert by dealers and OEMs alike, with his finger on the pulse of the automotive marketplace across North America. Farid is founder and CEO of DSMA, an automotive intelligence and M&A advisory service with more than 1,000 years of combined industry experience and over 1,500 valuations and over 400 completed transactions. For the second consecutive year, DSMA has placed on the 2022 Report on Business ranking of Canada’s Top Growing Companies. www.dsma.comCHRIS SCHAUFELE…
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The Infiniti showroom redesign is lounge-like

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The lack of fresh product has put Infiniti into a multi-year slump. Last year, the brand reported 46,619 US sales, its lowest since 1992, according to Automotive News Research & Data Center. Another retailer also said he’s unlikely to pull the trigger on a store upgrade until he sees a “Cadence product that is true and believable — not just promises.” “Infiniti has been a disappointing brand for years,” Haig said. “Its dealers are not making any meaningful money compared to almost any other franchise.” Anticipating the pushback, Infiniti is pitching the redesign to its dealers as optional. “It’s not…
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