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Industry Press Releases
Total Contract Value of Lotus Technology’s Intelligent Driving Solutions Nearing $130 Million
Lotus Technology Inc. a leading global intelligent luxury mobility provider, announced that Lotus Robotics, a subsidiary of the company, has to date achieved a total contract value of approximately US$130 million for its intelligent driving solutions
Dec 16, 2024
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Dealer/GM News
Optimism Rises Among Auto Dealers Following Election: Cox
Dealers are increasingly optimistic about the future now that the 2024 Presidential election is over, according to the Q4 2024 Cox Automotive Dealer Sentiment Index (CADSI). The latest survey, conducted immediately following the national election in
Dec 16, 2024
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Industry Press Releases
TOPDON US Announces Agreement to Support Carroll Shelby Automotive Program at Northeast Texas Community College
TOPDON USA, the premier provider of cutting-edge technology and advanced tools for auto repair professionals and enthusiasts, announced an agreement with Northeast Texas Community College (NTCC) to help educate students attending the Carroll Shelby A
Dec 13, 2024
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Dealer/GM News
Infiniti to Share Rooftops with Nissan Dealerships
As sales for Infiniti’s continue a decade long decline, some dealers looking to keep their doors open are being approved for a joint location with Nissan stores. According to recent published reports, an Infiniti dealership sells approximately 24
Dec 13, 2024
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Dealer Ops & Leadership
Working Together: How Auto Industry Players Are Fighting Back Against Digital Fraud
Three dealers had fallen victim to the same sophisticated fraud scheme in just one week. The story spreading through dealership break rooms across the country is becoming all too familiar. A new wave of digital payment fraud has hit the auto industry
Dec 12, 2024
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Industry Press Releases
Foresight’s Cutting-Edge 3D Perception Technology in Line with Expected Trump Administration’s Support for Autonomous Vehicle Regulations
Foresight Autonomous Holdings Ltd., an innovator in automotive vision systems, announced that its stereoscopic 3D perception systems would likely comply with the strategic initiative of the impending Trump administration’s recent publicly stated co
Dec 12, 2024
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Dealer/GM News
New-Vehicle Prices Up YoY for Second Consecutive Month
New-vehicle prices in November climbed higher year-over-year for the second straight month as the average transaction price (ATP) was $48,724, an increase of $699, or 1.5 percent, from November 2023, according to data from Kelley Blue Book released D
Dec 12, 2024
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Sales & Variable Ops
Navigating the Shift: Key Insights from the Q3 2024 Automotive Market Report
As we look back on the third quarter, the automotive market has revealed key trends that highlight the complexities of inventory management for auto retailers. In Q2, dealers experienced a 10 precent sales increase for new vehicles despite challenges
Dec 11, 2024
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Industry Press Releases
RTI Becomes the First DDS Provider to Meet All Major Automotive Software Safety Standards
Real-Time Innovations (RTI), the infrastructure software company for smart-world systems, announced that RTI Connext Drive has met all automotive industry quality standards by achieving ASPICE CL1, ISO 21434, and ISO 26262 process certificatio
Dec 11, 2024