automotive

Commerce Department to Release Rules on Connected Vehicles

Commerce Department to Release Rules on Connected Vehicles
Commerce Department to Release Rules on Connected Vehicles
July 23, 2024  |  Connected Economy

The U.S. Commerce Department plans to unveil proposed regulations next month concerning connected vehicles, with a specific focus on critical software components manufactured in China...

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June Auto Sales Reporting Thrown off by CDK Cyberattack
June Auto Sales Reporting Thrown off by CDK Cyberattack
July 17, 2024  |  Cybersecurity

As automotive retailers bounce back from the cyberattack on leading tech provider CDK Global, their financial results are murky for the period impacted by the...

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Malls Add EV Chargers to Woo Affluent Shoppers With Spare Time
Malls Add EV Chargers to Woo Affluent Shoppers With Spare Time
July 12, 2024  |  Retail

Around the world, malls are adding new electric vehicle (EV) charging stations to attract the high-income shoppers who own them and to get them to...

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Tesla’s Grip on US Electric Car Market Slips in Q2
Tesla’s Grip on US Electric Car Market Slips in Q2
July 10, 2024  |  Earnings

Tesla’s dominance of the American electric car market has faded, even as vehicle sales surge. Get the Full Story Complete the form to unlock this...

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Carvana Adds New Features for Buying and Selling EVs
Carvana Adds New Features for Buying and Selling EVs
July 10, 2024  |  eCommerce

Online car marketplace Carvana has introduced new features for buying and selling electric vehicles (EVs). Get the Full Story Complete the form to unlock this...

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Fifth Third Bank Fined $20 Million for Improper Auto Lending Practices
Fifth Third Bank Fined $20 Million for Improper Auto Lending Practices
July 09, 2024  |  Legal & Regulation

Fifth Third Bank must pay $20 million to resolve litigation in its auto lending practices. Get the Full Story Complete the form to unlock this...

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EV Sales Tick Up as Payment Challenges Define the Road Ahead
EV Sales Tick Up as Payment Challenges Define the Road Ahead
July 05, 2024  |  Transportation

As U.S. consumers take to the road this summer, the state of electric vehicles hangs in the balance and the payments industry grapples with the...

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CDK Expects to Have Hacked Systems Restored by July 4
CDK Expects to Have Hacked Systems Restored by July 4
July 01, 2024  |  Cybersecurity

CDK Global is reportedly restoring its systems that were hacked and expects to have all the car dealerships using its platform live by the morning...

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