Dealers' teamwork on Alfa ads gets noticed
Alfa Romeo dealers in Miami and South Beach have worked for more than a year on an advertising strategy to build awareness. Their efforts contributed to a double-digit gain in Alfa's U.S. Q3 and created a blueprint that soon could be adopted around the country.
Driver-assist systems require more than trust
Instead of seeking trust, automakers should emphasize the collaborative nature of the technology, says Matthew Young, director of research at Thatcham Research, an automotive safety agency based in the United Kingdom that develops repair methods and conducts crash tests.
Used values slip but still above normal levels
Prices are cooling off, but as of mid-October they still hovered nearly 10 percent above year-end 2019 levels.
Mercedes drops more hints about its sports cars going electric
CEO Ola Kallenius told German monthly Manager Magazin that it’s very likely Mercedes-Benz will introduce a battery-electric platform for sports cars in the coming years.
Motional and Lyft resume Las Vegas ride-share services
Motional, the joint venture between Hyundai Motor America and Aptiv, was rebranded in August and is relaunching in alignment with COVID-19 guidelines.
Former Fair CEO Painter seeks to buy the company, report says
Last year Scott Painter left the used-vehicle leasing subscription service he co-founded but now is in talks with special-purpose acquisition companies about making an offer for the startup, Reuters reported.
Gentex Q3 comeback generates near sales record
The high-tech rearview mirrors and camera supplier said structural cost reductions and flawless execution reset profitability for the second half of 2020.
Ally, Time select 40 nominees for 2021 Dealer of the Year
The 2021 nominees are recognized for their extraordinary leadership in navigating business challenges and supporting their local communities during the COVID-19 crisis.
EV push turns Asian battery makers into power brokers
A handful of companies based in China, Japan and South Korea make automotive-grade battery cells, which has upset the traditional dynamic between automakers and suppliers.
Autoliv posts quarterly profit; Veoneer issues improved forecast
Sweden’s Autoliv reported a third-quarter operating profit of $175 million and said it expects a "very busy" fourth quarter. Veoneer, which spun off from Autoliv in 2018, said it would return to organic sales growth in the final three months of the year.