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Dealerships' EV charging cost savings may be found in solar panels

Dealerships’ EV charging cost savings may be found in solar panels

Some auto dealerships are installing solar panels to offset expensive and energy-intensive automaker requirements to build EV chargers on their lots. Dealerships in sunny locations with large roofs and parking lots may be well-equipped to install solar panels and reduce their energy costs, said auto and energy experts at the New York International Auto Show […]

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Credit unions expected to remain an auto lending force

Credit unions expected to remain an auto lending force

Credit unions beat out rivals for auto financing market share during the fourth quarter of 2022, and dealership finance and insurance offices should expect them to remain strong competitors this year. Dawit Kebede, senior economist at the Credit Union National Association, said credit unions achieved 21 percent growth in auto loans last year. “Best. Year.

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Ram readies for EV shift, but costs are ‘elephant in the room'

Ram readies for EV shift, but costs are ‘elephant in the room’

NEW YORK — The electric pickup with a 500-mile range that Ram showed here last week represents the future for Stellantis. But getting there by late 2024, when the Ram 1500 REV is slated to reach dealerships, is a costly proposition. That’s why company executives at the New York International Auto Show emphasized the need

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Nominate a rising star

Nominate a rising star

Do you know an up-and-coming young executive in the U.S. auto industry whose achievements deserve recognition? Automotive News will launch its 10th annual search for Rising Stars at automakers, suppliers, mobility companies and service providers on April 17. The program honors dynamic executives in the U.S. who are 45 or younger and are poised to

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Fastest Electric Cars: 10 Of The Quickest Accelerating EVs In 2023

Fastest Electric Cars: 10 Of The Quickest Accelerating EVs In 2023

Everybody knows that all-electric vehicles are quick, but some are just quicker than others. There’s a big difference between a Chevrolet Bolt EV and the Pininfarina Battista; not every electric car is created equal. Like combustion-engined vehicles, EVs require power, only in this case, it comes from batteries instead of gasoline as well as a

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Estimated Tesla Order Backlog Potentially Explains Price Changes

Estimated Tesla Order Backlog Potentially Explains Price Changes

The estimated Tesla global electric car order backlog is one of the most interesting measures to better understand what is happening in the market and, specifically, Tesla’s price changes. Tesla recently once again reduced its electric car prices in the United States, so let’s see whether there was a reason for it in terms of

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Wholesale used-vehicle prices rose through Q1, but may be at a turning point

Wholesale used-vehicle prices rose through Q1, but may be at a turning point

Wholesale used-vehicle prices rose again in March, according to two major indicators. One of those, the Manheim Used Vehicle Value Index, recorded a fourth-straight month of increases because of continued tight used-vehicle supply. Cox Automotive said Friday its Manheim index — a measurement of wholesale used-vehicle prices calculated by tracking vehicles sold at Manheim’s U.S.

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Report: V4 Supercharger Power Output To Reach 350 kW In 1 Year

Report: V4 Supercharger Power Output To Reach 350 kW In 1 Year

Tesla recently introduced new Supercharging stalls (V4 in Europe) and the Magic Dock (built-in CCS1 adapter in V3 stalls in the United States), but that’s not the end of the changes. According to MarcoRP, who tracks the latest charging news, within a year, the V4 Supercharging stalls will be capable of providing 350 kilowatts (kW)

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Fuell Presents The Flluid-2 And Flluid-3 Urban-Focused Electric Bikes

Fuell Presents The Flluid-2 And Flluid-3 Urban-Focused Electric Bikes

Fuell, Erik Buell’s latest electric initiative, has previously brought forth a rather interesting electric motorcycle call the Fllow. Having a knack for double-L’s, Fuell is at it again, but this time in the world of electric bicycles, with the release of the new Flluid-2 and Flluid-3. As is the case with a lot of other

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