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Thursday, May 4, 2023

Tesla Semi to get closer look | U.S. auto sales ramp up in April | Bosch, TSMC eye $11B German chip plant | Carvana Q1 earnings preview | Volvo to cut 1,300 jobs | Kia's push for EV leases in U.S.

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Thursday, May 04, 2023
Ford dealer
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Market shifts back into higher gear in April

 
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TSMC, Bosch mull $11 billion microchip plant in Germany

 
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Carvana
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Carvana Q1 earnings preview: Retailer expects smaller adjusted loss than year ago

 
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Volvo axes 1,300 jobs as it steps up cost cuts

 
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Media check out the Kia EV9 at the New York auto show.
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Kia will push EV leasing to reap tax credit boon

 
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Ways Working Now to Overcome Economic Hurdles – Today's Blueprint for the Successful Dealer

As the modern saying goes: What goes up, must come down. And what goes down, will most likely come up again.

 
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Cadillac XT4-sized electric crossover spotted under wraps

 
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Ford E-Transit extended-range model can go almost 50% further

 
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Morgan Automotive Group buys 4 dealerships in Florida, including its first in Miami

 
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Marco Rubio

Rubio seeks probe of Ford nickel plant as Democrats renew efforts to counter China

 
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VW boosts Q1 revenue as U.S., Europe offset China slide

 
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Learn about PACEpilot on May 16 in Detroit

 
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Porsche will raise prices to combat higher costs

 
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Federal Reserve

Fed delivers small interest rate hike, flags possible pause in tightening cycle

 
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Stellantis is recalling more than 168,000 SUVs, pickups for transmission, battery issues

 
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Norwegian hydrogen company plans $400M, 500-job factory in Michigan

 
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Adient's Q2 revenue grows, but headwinds hurt profits

 
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Uber
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UberX Share to expand to 5 more cities in coming weeks

 
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Skoda races ahead in key segment but biggest winners are EVs

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Segment Analysis
Thursday, May 04, 2023
Skoda Kodiaq 2023
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Skoda rises as Toyota slips in key midsize SUV segment

The segment is one of Europe's most diverse in terms of powertrain mix, with full-electric variants growing to take a Europe-best 31 percent share during the first quarter.

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