Tag: automotive news articles

Investing in Quality Auto Glass Restores Your Vehicle’s ValueInvesting in Quality Auto Glass Restores Your Vehicle’s Value

Just like dents and dings happen on the doors, hood, and body of your vehicle, mishaps also affect the auto glass. Damaged auto glass detracts from the vehicle’s aesthetic appeal, and it also impacts safety while driving. If you plan to sell your vehicle, investing in quality auto glass restores its value in several key ways. What Dealers Consider When Valuing Your Vehicle No matter whether you engage in a private sale or you plan to sell your vehicle to a used car dealer, several factors go into its value. According to Consumer Reports, fixing auto glass defects helps [...]

Policaro Group breaks ground on new Lexus, Acura dealershipsPolicaro Group breaks ground on new Lexus, Acura dealerships

The Policaro Group broke ground July 13 and 14 on new locations for a pair of luxury dealerships in Brampton, Ont., as sales in Canada’s luxury-vehicle segment remained strong despite higher interest rates. Northwest Lexus and Policaro Acura, whose current sites sit next door to one another on the east end of Brampton, will both move to new locations at a fast-growing auto mall that hosts a series of luxury dealerships on the city’s north end. “Given the competitive brands that are in the area, this is where the customers are going to be, and where we feel luxury retail… [...]

Mercedes’ Drive Pilot automated system poses legal questionsMercedes’ Drive Pilot automated system poses legal questions

Not everyone is so sure that laws must be rewritten or that motorists are at risk. Motor vehicle laws and the principles that underpin them have evolved over a century, and that evolution should continue, Smith said. “We don’t need to throw everything out and start over,” he said. Drivers who use a Level 3 system within the bounds of the manufacturers’ directions should not be held liable for system mistakes so long as they use it as directed, he said. If a vehicle with Drive Pilot engaged strikes and kills a pedestrian, the human motorist using the system as… [...]

NHTSA’s Sluggishness Issuing Recalls Is Getting On Some NervesNHTSA’s Sluggishness Issuing Recalls Is Getting On Some Nerves

A photo of an airbag seen after deployment, inside a car interior. It’s Friday, June 2, 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: NHTSA Not So Fast With automotive recalls being as frequent and pressing as they are these days, it’s imperative that the National Highway Traffic Safety Administration move through its investigations as efficiently as possible. That’s exactly what’s not happening, judging by NHTSA’s eight-year-long probe into ARC Automotive’s potentially dangerous airbag inflators… [...]

Tesla EV charging agreements with Ford, GM muddle standardTesla EV charging agreements with Ford, GM muddle standard

Two pathways are emerging as electric vehicle charging infrastructure expands across the US Automaker partnerships will determine whether those technologies will coexist or whether one will push the other out, like VHS and Betamax. Four months ago, the US was heading toward a standard way of charging EV with chargers other than those built by Tesla using a common connector to become eligible for federal funding. Tesla’s charging agreement with Ford Motor Co. and General Motors threw that push to standardization into question and could further fragment the country’s charging infrastructure, at least for now, analysts say. GM and Ford… [...]

Franchise Equity Partners invests $55M in Parks Automotive GroupFranchise Equity Partners invests $55M in Parks Automotive Group

“We remain a passive partner,” Romanoff said. “Adam and team continue to fully run operations, but we’ve provided them the intellectual and equity capital that they need to further their objectives.” Family-run Parks Automotive is the second auto retailer investment for Franchise Equity Partners, following its $70 million October investment in Georgica Auto Holdings. Shortly after that partnership was announced, Georgica Auto bought three dealerships in Connecticut. Launched by Romanoff and Michael Esposito in November 2021, the firm received $1 billion in funding from HPS Investment Partners. It was tasked with investing in five sectors, including automotive dealerships, with [...]

Cost of Windshield Replacement Is Going UpCost of Windshield Replacement Is Going Up

Today, it seems as if the prices on just above everything (food, gas, rent) are going up–and glass is no exception. Unfortunately, maybe not all that surprisingly, the cost of automobile glass materials has been rising every month. . . and continues to do so. In fact, the Bureau of Labor Statistics’ Producer Price Index data pulled back in January 2022 showed that motor vehicle parts increased by 5.2 percent from the previous year. Specifically, adhesives and sealants increased in price by 14.2 percent, while prices for materials related to motor vehicle repair and maintenance increased [...]

Cupra announced Raval as the name of small electric hatchbackCupra announced Raval as the name of small electric hatchback

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… [...]

Searching “Windshield Replacement Near Me”Searching “Windshield Replacement Near Me”

Car windows and windshields are things that many drivers just don’t think much about– until one day they suddenly need to be replaced. Maybe it’s a large chip, or a small crack that has since flourished over time into a web of other cracks. Perhaps it was a single incident of blunt force that smashed the windshield in seconds. Regardless of what it looks like or how it happened, the truth is that any damage to car windows and particularly windshields should be repaired as soon as possible. But since this is not something drivers actively [...]

The Kia EV9 large electric crossover will be made in GeorgiaThe Kia EV9 large electric crossover will be made in Georgia

Kia’s three-row EV9 crossover promises to bring a similar mix of utility and style to the North American electric vehicle market, the automaker said. The EV9, presented Wednesday at the New York auto show, is the flagship model for Kia’s global transition to EV technology, according to the brand, and follows the 2022 North American launch of the two-row EV6 crossover. “The EV9 is a credible, high-value SUV that encapsulates our approach to bringing innovative, consumer-focused products to market with a serious commitment to electrification,” Sean Yoon, CEO of Kia North America, said in a press release. Kia said the… [...]