Nissan Is Considering a Small Electric Pickup Truck for the US

Report: Nissan Considering a Small Electric TruckNissan Nissan currently only sells the mid-size Frontier and the full-size Titan on American shores. With the Titan struggling to sell even half as well as domestic pickup-truck stalwarts such as the Ford F-150 and Chevy Silverado 1500, it’s only a matter of time until Nissan puts its half-ton […]

Car dealerships slowly examine ChatGPT’s potential

Dealerships may be dabbling in ChatGPT right now, but some of their technology providers believe adoption will happen swiftly. “I think we’re talking a year to a year and a half where [ChatGPT is] doing a huge amount of the car-buying process itself in an automated way,” Horwitz said. IMG05 TruVideo — maker of a […]

The latest numbers on the automotive microchip shortage

There are more signs that the microchip shortage is easing, even as automakers cut 82,573 vehicles from production plans worldwide last week, according to the latest estimates from AutoForecast Solutions. North American factories lost 38,677 vehicles because of a lack of semiconductors last week, in addition to 21,700 cut from assembly plants in China and […]

REE Automotive Announces First Quarter 2023 Financial

TEL AVIV, Israel, May 23, 2023 (GLOBE NEWSWIRE) — REE Automotive Ltd. (NASDAQ: REE) (“REE” or the “Company”), an automotive technology leader and provider of electric vehicle (EV) platforms, today announced its financial results for the first quarter ended March 31, 2023, through a shareholder letter posted on the company’s investor relations website at https://investors.ree.auto. […]

The UK expects a deal on EU ‘rules of origin’ for EVs

The UK and the European Union will “soon” announce a solution on post-Brexit trading rules that automakers warn could lead to factory closures, Business and Trade Secretary Kemi Badenoch said. “This is not a UK problem, it is an EU-UK problem. It works both ways,” Badenoch told Bloomberg on Tuesday on the sidelines of the […]

Auto industry, partners, researchers join the EV charging consortium

The National Charging Experience Consortium has more industry involvement than other government-led consortia, Smart said. The industry has struggled with charging consistency and reliability for a number of reasons, including a lack of data sharing as automakers and charging companies are reluctant to share data with competitors. The national labs will keep members’ data confidential […]

April sales up 2.3% but still below pre-pandemic levels

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 […]

Ford sales rise 10% in the first quarter as inventory improves

Ford Motor Co.’s US light-vehicle sales rose 9.9 percent in the first quarter, driven by increasing supplies and strong demand for new products. Sales by the Ford brand jumped 10 percent, making it the bestselling US brand in January through March. Lincoln sales fell 1.1 percent on fewer deliveries of the Corsair compact crossover. In […]

Mullen Automotive Accelerates Implementation of Its

Class 1 commercial EV cargo vans to be outfitted with Mullen’s solid-state polymer battery technology, increasing current range from 110 miles to more than 200 miles on a single charge The first Class 1 EV cargo van test vehicle with the solid-state polymer technology will be hitting the roads for testing by Q4 2023 BREA, […]

Lithia Motors buys UK dealership group Jardine Motors

Jardine Motors has more than 40 new-vehicle franchise points in the UK, with a portfolio of luxury brands including Aston Martin, Porsche and BMW, DeBoer said. Part of the conglomerate Jardine Matheson Holdings, Jardine is Europe’s 23rd-largest dealership group by annual revenue, according to Automotive News Europe’s 2022 Guide to Europe’s Biggest Dealers. The deal […]