Retail

Rivian spins off Also to focus on EV micromobility

Rivian believes thinking small has big potential, and is spinning off a company to prove it. The electric vehicle manufacturer announced the creation of Also, Inc., a spinoff of Rivian’s micromobility business that will focus on small, lightweight vehicles designed ... [Read More]

Wholesale

Lane watch: Typical April trends already being seen in March

Being about a month ahead of schedule often is a good thing, like completing an expensive or long-term project. Evidently, the wholesale market might be that far ahead of schedule, too. Black Book explained the situation in this week’s installment ... [Read More]

Technology

Former Ford exec Mondragon joins Spiffy board to help ‘accelerate’ mobile service platform for dealers

Former Ford Motor Co. executive David Mondragon has joined the board of Spiffy as an independent director, the automotive technology and mobile service provider said Thursday. Mondragon spent more than 30 years at Ford, including time as Ford Canada president ... [Read More]

Financial

J.P. Morgan powers Danish firm’s move into U.S. to boost EV charging payments

A Danish company is bringing its payment technology for electric vehicle charging to America, with help from J.P. Morgan. The financial services firm said Monta an EV charging platform based in Denmark, is expanding to the U.S., aiming to strengthen ... [Read More]

Analysis

COMMENTARY: Modernizing inventory management & how machines can outperform human dealers

As the automotive dealership industry has long relied on human intuition and historical sales data to guide inventory management decisions, dealers continue to face a constant balancing act: having the right mix of vehicles to meet customer demand without overstocking ... [Read More]
7 recommendations for independents to sharpen operations

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