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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… Continue Reading…

Automotive News

Tesla will shoot for volume over profit: Elon Musk

Tesla missed market estimates for first-quarter total gross margin after cutting prices in the US and globally. The electric vehicle maker reported a total gross margin of 19 percent, compared with an expectation of 22 percent from analysts polled by… Continue Reading…

Automotive News

Guide to Windshield Replacement in Arizona

Many drivers think they will be perfectly safe driving around with a crack or chip in their windshield, this often isn’t the case. Any obstruction in the windshield can result in unsafe driving conditions and could ultimately cause an accident.… Continue Reading…

Automotive News

Rivian’s stock rallies to highest in 2023 after posting strong deliveries

NEW YORK, July 7 (Reuters) – Shares of Rivian Automotive (RIVN.O) surged more than 18% on Friday as it continued to rally after the electric vehicle (EV) maker reported better-than-expected quarterly deliveries early this week. Rivian said on Monday it… Continue Reading…

Automotive News

Lithium iron phosphate curbs the battery gap with nickel, cobalt

Battery expert Lukasz Bednarski, author of the 2021 book “Lithium: The Global Race for Battery Dominance and the New Energy Revolution,” believes automakers’ interest in building lower-priced EVs could be one of the drivers behind LFP’s rising popularity. “LFP provides… Continue Reading…

Automotive News

Should You Use Insurance to Replace Your Windshield: Yes or No?

It’s likely what happened to you before: a chipped or cracked windshield. Unfortunately, this type of issue generally occurs quickly, and without any warning. In addition, chips, cracks and breaks can be big, small, easy to fix or very expensive… Continue Reading…

Automotive News

How it stacks up against GM and Ford

There are very few women at the wheels of Tesla. Detailed data about the demographics of Tesla’s workforce released for the first time this week shows men vastly outnumber women at the upper levels of billionaire Elon Musk’s electric car… Continue Reading…

Automotive News

May sales up 13%, but remain well below pre-pandemic numbers

May marked just the second month of this year in which sales were up over 2021 totals, which were higher than 2022 totals in all but November and December of last year. DAC said that historically, May was more often… Continue Reading…

Automotive News

Gentex auto supplier hit by ransomware attack

According to TechTarget, a Dunghill operator reached out with a link to what the group claims is 5 terabytes of sensitive corporate data from Gentex, including client documents and personal employee information. The report indicated Dunghill posted the stolen information… Continue Reading…