BMW Predicts Sales Growth in 2023
BMW will reach the higher end of its 7-9% margin target for its vehicle business and will see slight sales growth in 2023, forecasted CFO Nicolas Peter in a roundtable this week.
BMW will reach the higher end of its 7-9% margin target for its vehicle business and will see slight sales growth in 2023, forecasted CFO Nicolas Peter in a roundtable this week.
Hertz has partnered with BP Pulse, BP oil company’s EV charging arm, to build a network of electric vehicle charging stations across the U.S.
Customers in select regions can now schedule an in-person Alexa guided test drive of VW’s ID.4 SUV.
Opportunity will knock in the second half of 2022, but industry leaders still recommend those in retail automotive and F&I proceed with caution.
Big EV battery, materials supplier says cutting it out is ‘discriminatory.’
Former Nissan store ad executive arrested. Prosecutors say he established shell companies to hide crimes.
The facility will further Ford CEO Jim Farley’s goal to build 2 million EVs annually by the end of 2026.
Powersports values are declining across the board with one exception as we head into the fall.
Ford isn’t alone in facing cost increases as manufacturers continue to deal with supply shortages.
NADA numbers show sales prices rose, though volume was down due to inventory shortages.
IIHS found U.S. theft claims were nearly twice as common for Hyundai Motor and Kia Corp. than other manufacturers vehicles for the 2015 through 2019 model years.
Toyota Motor Corp. announced plans to produce 800,000 vehicles worldwide in October, 100,000 vehicles short of its average monthly production plan.
Soft pulls can strengthen consumer confidence and trust in making the right decision, and since they aren’t locked into anything, they can resume shopping and even assess varying price ranges.
“Retail margin” sales could bring carmaker “thousands” of EV customers.
Shares closed Tuesday at $13.09 apiece, down by 12.3%, shaving $7 billion off the automaker’s market value.
The secure and easy all-access connection to your content.
Bookmarked content can then be accessed anytime on all of your logged in devices!
Already a member? Log In