Inventory squeeze lifts GM's bottom line
GM dealers ended 2020 with about one-third fewer vehicles on their lots than after the UAW strike a year earlier. But in the fourth quarter of 2020, dealers cashed in.
Group pushes for a uniform way to recharge electric scooters, bikes
With so many different devices on the roads, it’s challenging to get every micromobility provider and stakeholder on the same page. Especially when it comes to charging componentry and battery management systems.
Inventory levels fall back under 3 million
Strong retail demand in certain segments and production issues have kept inventory levels down.
Smallest dealers pressed as online startups reshape used market
Carvana, Vroom, Shift and, most recently, CarLotz have raised nearly $4 billion in capital as investors see nothing but daylight for the online used-vehicle space.
Some lidar suppliers may run into obstacles
Special-purpose acquisition company deals give makers of the technology an express route to Wall Street, but some experts fear a reality check may be on the horizon.