Rivian chooses Illinois plant for R2, but Georgia still in plans | Automotive NewsSkip to main contentNEWSOPINIONDATA CENTERVIDEOSEVENTS & AWARDSJOBSResource Center+MOREAdvertiseLeading Women NetworkPodcastsWebinarsIn the Driver’s SeatPublishing PartnersAPCO HOLDINGS: Strategies for handling new F&I dynamicsAPCO Holdings: Connected cars create new challenges and opportunities in F&IAPCO Holdings: The Wild Ride into the Future of F&IAllstate: Compliance standards are changing. Here’s what you need to know.Allstate: The ABCs of maximum F&I effectivenessAlly All Ears Podcast Episodes | The next evolution in virtual…
Is your new car on a storage compound? Inside Kia’s scheme to deliberately withhold deliveries
New Kia vehicles that have arrived from overseas are sitting on a storage lot in Wolverton, Ont., purposely locked up even though customers have been waiting months and months — some well over a year — to get their vehicles.
The new cars are being held from Kia’s Ontario dealerships — and reportedly from many more across the country — as part of a controversial plan by Kia Canada to game the number of sales in the last six weeks of the year.
Go Public has obtained a video in which a Kia regional manager explains the scheme — passed…
Car values increase along with demand for used vehicles & average years on the road
NEW YORK — Consumers often hear a car loses its value once you drive it off the lot, but that may not be the case anymore.
The automotive research firm Black Book found cars are now holding on to about 10% more of their value after three years than they were during the pandemic.
“Everybody was expecting a big drop, a shatter, an explosion, values to drop when supply came back. Totally didn’t happen,” Shane Sutherland, who owns the used car dealership Northport Motors, told CBS New York’s John Dias.
Sutherland told Dias his company Northport Motors grew tenfold during…
Chevy resumes Blazer EV sales, cuts prices
Chevy resumes Blazer EV sales, cuts prices | Automotive NewsSkip to main contentNEWSOPINIONDATA CENTERVIDEOSEVENTS & AWARDSJOBSResource Center+MOREAdvertiseLeading Women NetworkPodcastsWebinarsIn the Driver’s SeatPublishing PartnersAPCO HOLDINGS: Strategies for handling new F&I dynamicsAPCO Holdings: Connected cars create new challenges and opportunities in F&IAPCO Holdings: The Wild Ride into the Future of F&IAllstate: Compliance standards are changing. Here’s what you need to know.Allstate: The ABCs of maximum F&I effectivenessAlly All Ears Podcast Episodes | The next evolution in virtual F&IAlly All Ears…
Independent Auto Repairers, Automakers Strike Major Right to Repair Pact
Organizations representing the country’s independent automotive repairers, collision repair experts and leading automakers have signed a landmark agreement on automotive right to repair.
The commitment among the Automotive Service Association (ASA), the Society of Collision Repair Specialists (SCRS) and Alliance for Automotive Innovation (AAI) affirms a 2014 national agreement on automotive right to repair, stating unequivocally that “independent repair facilities shall have access to the same diagnostic and repair information that auto manufacturers make available to authorized dealer networks.”
In a letter to Congress outlining this major automotive right to repair development, the coalition of repairers and automakers wrote: “This…
Automakers may develop the ability to shut down your car
Automakers may develop the ability to shut down your car | Automotive NewsSkip to main contentNEWSOPINIONDATA CENTERVIDEOSEVENTS & AWARDSJOBSResource Center+MOREAdvertiseLeading Women NetworkPodcastsWebinarsIn the Driver’s SeatPublishing PartnersAPCO HOLDINGS: Strategies for handling new F&I dynamicsAPCO Holdings: Connected cars create new challenges and opportunities in F&IAPCO Holdings: The Wild Ride into the Future of F&IAllstate: Compliance standards are changing. Here’s what you need to know.Allstate: The ABCs of maximum F&I effectivenessAlly All Ears Podcast Episodes | The next evolution in virtual F&I…
Why a car parts crisis is costing customers time and money
“The car is on a PCP [personal contract purchase] and we’re still paying for it,” she says. “Apparently, nobody can get hold of this part. And until they can, the car is off the road. The car is now SORNed because I can’t MOT it, I can’t tax it, so I’m kind of stuck, really.
This is not a problem unique to the dealership in question, either. Becky continued: “We originally bought the car at Salisbury Audi, because we’ve got a friend who works there, and they happened to call me a couple of days ago to talk about the…
Volvo may hand Polestar stake to its parent Geely
Polestar would need to inject an additional $1 billion over the next 12 months to keep it afloat, analysts at Bernstein said in a note last week, advocating the nameplate should not be independently listed.
Polestar last week said it plans to cut about 450 jobs globally, or about 15 percent of its workforce, amid “challenging market conditions.”
It also said in November that it would try to reduce its reliance on external help, publishing a revised business plan, which included getting additional loans from Volvo and Geely.
The news could raise questions about the viability of Polestar, which aims…