But with ongoing cost wars and increasing EV sales in China by domestic brand names, abroad automakers are facing fierce Levels of competition and an uphill battle to keep up their sector share.

In June, we questioned general automotive restore shops about present and potential threats to their small business. With the 6 present-day/upcoming threats questioned about, the expense of applications and machines demanded …

Kia reveals specifics of EV4, PV5 and EV2 principle at its ‘2025 EV Day’ occasion The automaker is aggressively pursuing its worldwide electrification ideas, In spite of slower than anticipated EV adoption and uncertainties within the U.S. current market as a consequence of tariffs.

The Los Angeles Auto display is one of the greatest automotive activities inside the U.S., with flooring Room of in excess of a million sq. ft. Many the newest gasoline, hybrid and EV types are predicted to get on Exhibit as in prior many years. The present also offers car check drives.

It’s a whole lot easier to make than an ICE auto, so We've a lot of institutional awareness regarding how to design and style, engineer and manufacture vehicles, which we get to benefit from Within this transition.”

Even though it’s been proposed the incoming Trump administration may possibly conclude EV tax credits, which could sluggish product sales development, Cox Automotive stated it would take time for any variations to acquire effect and the opportunity of dropped incentives might Strengthen income within the short-term.

Tariffs are paused for USMCA-compliant merchandise. How can businesses qualify? Firms that Beforehand found pursuing USMCA remedy Value prohibitive are scrambling to ascertain should they meet the trade deal’s needs.

In July 2022, we spoke with five hundred independent automotive fix stores about their invest here in frequency and use of private label makes in addition to the main reasons why they use private …

Attendees may also find out from industry gurus regarding the recent breakthroughs of application-outlined cars. Speakers and moderators scheduled to look are from main companies, such as Continental, Bosch and Aptiv.

Trump says automobile tariffs are coming April two The president prompt a 25% duty on People imports, fueling uncertainty for automakers now bracing for steel, aluminum and country-particular tariffs.

In July 2024, we spoke with five hundred independent automotive repair shops with regards to their buy frequency and use of personal label manufacturers as click here well as the explanation why they use private …

Automakers reply to devastating California wildfires BMW Team joined the list of automakers donating or featuring guidance to relief endeavours.

Customer car or truck upkeep exercise is measured by IMR’s CCAMS research. This analyze is accustomed to evaluate components and repair buy habits and analyze acquire particulars which include DIY/DIFM metrics, channel share, manufacturers, replacement charges, demographics and other appropriate purchase behaviors. The combination of CCAMS + PRIZM will allow us to:

Cox Automotive’s report coincides with automakers’ This autumn profits quantities, with numerous reporting file-breaking domestic gross sales aided by surging need for EVs.