automotive news ford

Why car dealerships should consider diverse business partnersWhy car dealerships should consider diverse business partners

July 11, 2023| 6:36 am

Curious to learn more? Here are five ways choosing diverse partners can benefit dealership leaders. 1. It gets you access to the best of the best. The best talents come from all backgrounds. Working with a partner that has built a diverse team means you’re working with a group of professionals who have been carefully assembled — each person, no matter who they are, was hired because they were the right person for the job. And in the fast-paced automotive world, that’s a powerful edge over the competition. 2. It supports balanced decision-making. Every decision we make, to some degree… [...]

Volkswagen is in talks with Tesla to adopt its charging standardVolkswagen is in talks with Tesla to adopt its charging standard

July 6, 2023| 4:49 am

Electrify America, Volkswagen’s EV charging network unit, has more than 850 charging stations with about 4,000 chargers in the US and Canada. During the NACS transition, Electrify America will continue to offer the widely used CCS connector. Tesla, meanwhile, has expanded beyond its connectors to include CCS at some of its US charging stations as the Biden administration seeks to provide billions in subsidies to expand charging networks. The EV maker’s Superchargers account for about 60 percent of the total number of fast chargers in the United States, according to the US Department of Energy. The companies’ decisions for NACS… [...]

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

July 4, 2023| 4:30 am

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… [...]

Expert Insights: The Future of Connected Vehicles and Customer ExperiencesExpert Insights: The Future of Connected Vehicles and Customer Experiences

June 8, 2023| 10:58 pm

Q: What types of experiences are on the horizon that will be supported through connected or software-defined vehicles? Macleod: As digitally fueled car sales increase, vehicles are also becoming more connected. By the end of the decade, it is estimated that connected cars — cars that can communicate and share data with a variety of systems both inside and outside the vehicle — will make up about 95% of all new vehicles sold around the world. Layering web-based and location-based data, for example, a car will be able to alert a hungry driver that a favorite fast-food dining [...]

CarGurus COO: CarOffer digital wholesale platform remains solidCarGurus COO: CarOffer digital wholesale platform remains solid

May 28, 2023| 8:36 pm

Editor’s note: CarGurus said it has the right to buy the rest of CarOffer but has not made a final decision to do so. An earlier version of this story said the company planned to move ahead with that transaction. CarGurus Inc., which acquired a majority stake in CarOffer in 2021, might proceed with plans to buy the rest of the wholesale digital trading platform, a move that could be a show of confidence for the struggling division. And CarGurus COO Sam Zales said CarOffer is poised to break even or become profitable in the second quarter because of the… [...]

What Happens if ADAS Calibration Isn’t Done?What Happens if ADAS Calibration Isn’t Done?

May 7, 2023| 6:02 pm

Automotive design and technology are constantly evolving; each year, vehicles become increasingly advanced and reliable on electronic and computerized features to deliver better safety, performance, and comfort. Windshields are no exception. Although the windshields of newer vehicles may look like they’re just a piece of glass, most of them contain sensors, cameras, and other advanced driver assistance systems (ADAS) equipment that play a large role in how your car functions. Unfortunately, this makes the process of replacing windshields more complex—and costly. Understanding ADAS Calibration ADAS refers to a wide range of automated features that assist or alert drivers while they’re… [...]

Maserati updated the lineup with a choice of EVs, hybrids, combustionMaserati updated the lineup with a choice of EVs, hybrids, combustion

April 26, 2023| 2:20 pm

Peffer said Maserati’s sales last year and so far in 2023 are primarily utility vehicles. Early data shows that around 80 percent of Grecale sales are conquests. The Grecale starts at $64,995 with shipping, a price point that may surprise some consumers. Houston Maserati dealer Steven Wolf said the brand’s image can make people assume its products are out of their reach, but the Grecale is more accessible. “I think that there’s a lot of people who don’t know you can get a Maserati in the $60,000 range, and I think that’s something [where] the word needs to get out,”… [...]

Auto suppliers scramble to develop alcohol detection technologyAuto suppliers scramble to develop alcohol detection technology

April 1, 2023| 6:25 am

Asahi Kasei will ultimately not serve as the Tier 1 supplier of the technology to automakers, but it will likely get it into passenger vehicles through other in-cabin components, Franchy said. The burgeoning new business opportunity reflects what has been underway at Asahi Kasei, a corporation with $14.7 billion in revenue in the 12 months ended Sept. 30, 2022. The big company has been broadening its business base and seeking new markets. When Asahi Kasei is known at all, it’s typically for its decades-old position in chemicals. But in more recent years, the company has built a presence in structural… [...]

Used-car seller Canada Drives granted creditor protectionUsed-car seller Canada Drives granted creditor protection

March 30, 2023| 5:45 am

Canada Drives obtained creditor protection March 20 under an order from the Supreme Court of British Columbia, according to a notice from court-appointed monitor PricewaterhouseCoopers Inc. While the company has focused mainly on ecommerce since 2020, Canada Drives was founded in 2010 as a lead-generating business, matching consumers looking for financing with local dealerships. Under CCAA protection, it plans to restructure its business, winding down the “capital intensive” online sales segment, and refocusing on the financing matching service it has provided for more than a decade. As part of the restructuring plan, Canada Drives also intends to maintain one aspect… [...]

EV startups are burning through cash. Can they attract more investment?EV startups are burning through cash. Can they attract more investment?

March 17, 2023| 6:02 pm

In September 2020, Hindenburg Research released its report on Nikola, saying it was “an intricate fraud.” The company acknowledged a truck appearing to cruise down a desert road under its own power in a video was not. The SEC launched an inquiry. Ultimately, Trevor Milton, Nikola’s founder, was convicted of fraud. Nikola settled with the SEC for $125 million. In 2021, J Capital Research published a report calling Faraday Future “nothing but a bucket to collect money from US investors and pour it into the black hole of debt created by its founder.” A company spokesperson [...]

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