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Wholesale Used-Vehicle Prices Hit Record High In The U.S. Amid New-Vehicle Inventory Shortages

Wholesale used-vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) increased 5.3% month over month in September. This brought the Manheim Used Vehicle...

AutoTech Startup RoboTire Closes Series A Round

RoboTire, a Detroit-based automotive robotics and automation startup that promises to revolutionize the tire industry, announced the closing of its $7.5M Series A investment...

Newest Vehicle Technologies Going Unused – Many Owners Don’t Intend to Ever Use Them

While new-vehicle technology is a leading reason why buyers choose one vehicle over another, many new vehicles are equipped with some features that they...

GM Details Plan to Double its Revenue, Drive Even Higher Margins

General Motors Co. (NYSE: GM) provided a detailed roadmap of how the company plans to double its annual revenue and expand margins to 12...

Visteon And BlackBerry Expand Efforts To Support Automotive Industry Transformation To Digital Cockpit Solutions

 Visteon Corporation (NASDAQ: VC) and BlackBerry Limited (NYSE: BB; TSX: BB) today announced an expansion of their collaborative work to accelerate the deployment of digital cockpit...

Automotive Cockpit Multi and Dual Display Trends 2021

In 2021H1, the sales of models with console multi and dual displays surged by 61% and 155% on a like-on-like basis, respectively. In spite of...

Qualcomm and SSW Partners Reach Definitive Agreement to Acquire Veoneer

Qualcomm Incorporated (NASDAQ: QCOM) and SSW Partners, a New York-based investment partnership ("SSW Partners"), today announced they have reached a definitive agreement to acquire...

China’s Evolving Automobile Sales Model

Drivers of the ongoing transformation of the automobile sales model Since the invention of the automobile, its sales model has remained generally static. Automobile manufacturers...

Behind NIO’s surge in deliveries: Some showrooms sold out of show cars and had to display models

NIO unexpectedly delivered over 10,000 cars in September, joining its local counterpart in the 10k club. How did it all happen? A fact recently...

Automakers are about to shake up the auto insurance industry

Last week, Elon Musk announced Tesla’s intent to launch a UBI (Usage-Based Insurance) product in Texas, starting in October. This came after GM’s and...

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