If anyone thought Tesla’s mobile vehicle service fleet was a great idea, don’t worry, you’re not alone. In fact, some of the team who helped develop it decided it was good enough to tweak it and pitch it to auto dealers. And many also agreed and now San Francisco-based Curbee is in business. Find out more at Headlight.News.
As car prices continue to increase, the fallout is growing with new car prices pushing more buyers into the used vehicle market. Unfortunately, this is also causing used car prices to rise, and buyers who think going for a much older used car on the lot will spare them the pain they’re going to be in for a shock.
It wasn’t expected to be a good quarter for Ford Motor Co. Even then, the automaker’s second-quarter earnings managed to fall short of Wall Street’s expectations. That sent Ford shares tumbling by 11%, even though company leaders tried to assure investors they’re “on track” to deliver a full-year profit. More from Headlight.News.
Federal investigators have launched a probe of 150,000 Stellantis vehicles after receiving numerous reports that their mild hybrid engines can unexpectedly stall out. In some cases, owners find it difficult to then restart the vehicles. More from Headlight.News.
The high cost of today’s EVs has slowed demand. But there’s one model now priced at just $14,000, making it one of the lowest-priced vehicles on the market. But there is one catch: those 3,000 Fisker Ocean SUVs are being liquidated as part of the automaker’s bankruptcy. Whether you’ll be able to get parts and service going forward is far from certain.
Things are back to normal at 15,000 U.S. showrooms after a hack that brought operations nearly to a halt last month. Data processing firm CDK apparently paid a $25 million ransom to regain control of software controlling everything from sales prospects to payroll. But the damage has topped $1 billion in lost sales and other issues.
The ongoing CDK Cyberattack crippled 15,000 dealerships across the country but there appears to be light at the end of the tunnel with CDK confirming that it will fully restore its services on July 4th.
Ford Motor Co. is recalling more than 550,000 full-size pickups due to a problem with a sensor that may cause the truck’s transmission to downshift, potentially resulting in a loss of control of the vehicle. Find out more at Headlight.News.
As many as 15,000 auto dealers across the United States and Canada are largely unable to operate as a result of a series of cyberattacks on CDK, a major data provider that runs the software used for everything from negotiating sales to scheduling service. It’s unclear what’s behind the attack – or when CDK will be back up and running.
The auto industry is in the midst of the most unsettling shake-up its seen in more than a century and that’s likely force radical change in not only what products manufacturers bring to market but how and where they sell them. For one thing, Detroit automakers should consider pulling out of China, said Bank of America analyst John Murphy as part of his annual “Car Wars” study.
A software glitch preventing the rear view cameras from displaying images on the vehicle’s touchscreen necessitated a recall of 1.16 million Stellantis vehicles. The cameras are equipment on vehicles in the Ram, Jeep and Chrysler vehicles in the U.S. and Canada. Find out more at Headlight.News.
It wasn’t just new cars moving off dealer lots last month, used cars, trucks and SUVs saw plenty of interest as well. If you’re in the market for a vehicle, there’s one end of the market moving faster than the rest. Find out more at Headlight.News.