Industry Voices
2023’s Vanished Vehicles: Models Bid Market Farewell, Won't Roll On for 2024
In the ever-changing automotive world, certain cars do their final lap. The dynamic auto business often drops weak models to create place for better ones. Some cars will stop manufacture in 2023 without replacements. Many of these departing vehicles are gas-powered, although several hybrids are being phased out for all-electric versions.
By Dabbie Davis
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BYD's Electrifying Surge Poses Serious Threat to Tesla's Supremacy, Reports Say
In Q3 2023, global EV market data showed BYD and Tesla nearly equal in market sharesesla delivered This threatens Tesla's dominance, as BYD aims to lead in Q4, shaking up the EV landscape.
By Dabbie Davis
Toyota's Stock Plunges Amidst Crises: Safety Concern and Subsidiary Issues
In the aftermath of a significant safety testing scandal at a subsidiary and a massive recall impacting nearly one million vehicles in the United States, Toyota's stock took a steep nosedive.
By Dabbie Davis
Automotive Titans Oppose NHSTA's Enormous $10 Billion Airbag Inflators Force Recall
Major automotive players, including General Motors, Toyota, and Volkswagen, unite against the NHTSA's push for a massive recall of 52 million airbag inflators, a move projected to cost billions. This stance was emphasized during a recent hearing, as NHTSA officials argue for a recall due to potential ruptures.
By Dabbie Davis
Chevrolet's Chatbot Dilemma Unravels the Story of AI Gone Awry
In a bid to enhance customer service, a Watsonville-based Chevrolet dealership in California introduced an AI-powered chatbot, employing ChatGPT. However, the unexpected challenges it posed underscore the need for thorough technology evaluation.
By Dabbie Davis
Analysis Reveals Tesla Has the Highest Accident Rate Among Car Brands
Recent crash data reveals Tesla drivers outpace Ram and Subaru in collisions. It has the highest accident rate among cars in the U.S. These findings raise concerns about Tesla's road safety record, impacting insurance costs according to QuoteWizard by LendingTree Insurance data.
By Dabbie Davis
Tesla Faces Escalating Union Dispute, Investors Expressed Concern
Tesla's escalating union dispute draws attention from major investors. Leading pension funds and asset managers, responsible for trillions in assets, have recently contacted Tesla's CEO, Elon Musk, urging a change in course.
By Dabbie Davis
Lucid Motors Stumbles: CFO Resignation Sparks LCID Stock Plunge
Lucid Motors faces a significant setback as CFO Sherry House resigns, causing a nearly 10% stock drop. House's immediate departure prompts Lucid to appoint Gagan Dhingra, VP of Accounting, as interim CFO. Lucid seeks a permanent replacement while House remains in an advisory role until year-end.
By Dabbie Davis
