According to Automotive News, U.S. auto sales fell 17% last month. Sales also fell by double digits among the auto brands Toyota, Ford, Honda, Hyundai, and Kia. Analysts attribute the downturn to the ongoing chip shortage as well as other supply chain problems, which...
According to a report by Kelley Blue Book, EV shopping has risen over the first quarter by 69% when gas prices started to rise. Since January, the national average for a gallon of gas has increased above $4, sparking more anxiety about inflation as well as interest in...
In the growing EV market, two leaders have emerged — VW and Tesla — and both are competing now in each other’s home market, an article from NBC News says. Only just last month, Tesla officially began production at its Berlin-based factory, located only an hour away...
As Generation Z, born in the years 1997–2012, becomes of age — Gen Z-ers are currently 10 to 25 years old — it’s time for the automotive industry to take note of this particular group. How do Gen Z-ers differ from the generations that came before? Keep reading to...
It was announced in February 2022 that the federal administration is making $5 billion available to states over a five-year period to help build a nationwide electrical vehicle charging network, the LA Times reports. The funding comes as part of the Biden...
The whole world is going digital thanks to the pandemic, changing the eCommerce industry across all industries, including the automotive sector. In the new marketplace, it’s essential for car dealerships to offer a digital experience in addition to its traditional...
With the global e-Commerce boom precipitated by the pandemic, car dealerships and automakers are faced with the challenges of pivoting from a traditional brick and mortar business model to meeting consumers’ needs with a digital shopping experience. As a result, it’s...
According to Pew, lawmakers in California and other states are trying to pass bills that will help speed up the adoption of EVs. The goal is to have nearly 1 million new EVs on the roads this year, and states need to be ready to meet EV drivers’ needs with more...
NPR has reported that the large ship, Felicity Ace, sank as it was being towed to land about 250 miles off the coast of Portugal’s Azores islands. It broke into flames two weeks before and had been evacuated. The 650-foot-long cargo ship was carrying nearly 4,000...
It would’ve been hard to believe when the chip shortage began at the beginning of 2020 that we’d find ourselves nearly two years later still in the midst of a shortage, yet here we are. The good news is, the end is in sight. Keep reading to learn more about the...