EV virtual power plants could provide support in times of peak demand
Through virtual power plants, nearby EVs can pool together to create a grid power source by charging at off-peak times and/or discharging at peak periods.
The latest numbers on the microchip shortage: Ford, others grapple with more cuts
Another 11,500 scheduled vehicles will be eliminated due to the microchip shortage, according to the latest estimate by AutoForecast Solutions.
Time for pinching pennies at Ford, GM
While GM posted record earnings in 2022, Ford CEO Jim Farley cited poor execution and ‘dysfunctionality’ within the company for reducing profits.
'23 buy-sell activity to build off busy '22, '21
While there’s a mix of predictions on how many dealerships will trade hands in 2023, some professionals arranging transactions and dealers looking to acquire indicate the buy-sell market will be just as busy as the past few years.
No EV price war yet
A few automakers such as Ford have reacted to Tesla’s price cuts of up to 20 percent. But most are holding prices firm and introducing more inexpensive models later.