Layoffs, funding delays reported at Solera Auto Finance

Layoffs, funding delays reported at Solera Auto Finance

Solera introduced Solera Car Finance at the NADA Demonstrate in March 2022 and envisioned to reach 20 states by the end of the 12 months. By August, it had arrived at 39 states and was working with extra than 2,000 dealerships. Solera Vehicle Finance had been intense in seeking business enterprise, the next Solera Automobile

Germany’s auto industry must defend itself in move to EVs

Germany’s auto industry must defend itself in move to EVs

Germany for decades led on well-engineered combustion cars. It is now going through a watershed 12 months in the quest to retain an edge in the age of electric motor vehicles. Europe’s major overall economy is below developing stress to retool dozens of fossil gasoline-period factories employing tens of thousands of employees in a race

Britishvolt’s failure is disaster for the UK auto industry

Britishvolt’s failure is disaster for the UK auto industry

Britishvolt had grander designs for an enormous 3.8 billion pound plant that it said would build about 3,000 work opportunities. Then-Prime Minister Boris Johnson hailed his government’s pledge a year back to contribute 100 million lbs as emblematic of the “green industrial revolution” that would acquire shape in the previous industrial heartlands that voted him

Auto suppliers grapple with employee stress, mental health

Auto suppliers grapple with employee stress, mental health

Soon after yrs of hoping to mitigate the crippling microchip lack, a various form of crisis has cropped up in the automotive market: Businesses are grappling with the growing situation of mental well being — extensive a taboo matter in the workplace, primarily for an business defined by grit and hustle. In reaction to the

Dec. U.S. auto sales: SAAR tops forecasts; GM reclaims sales crown; Toyota, Ford edge up; Hyundai, Kia post double-digit gains to finish 2022

Dec. U.S. auto sales: SAAR tops forecasts; GM reclaims sales crown; Toyota, Ford edge up; Hyundai, Kia post double-digit gains to finish 2022

Common Motors, pushed by solid light-truck deliveries, documented a 42 p.c raise in fourth quarter mild-automobile volume, with product sales mounting 44 percent at Chevrolet, 42 per cent at GMC and 75 per cent Cadillac. Buick was the only GM model to publish decrease quantity in the remaining quarter of 2022, down 6.5 percent, extending

CES 2023 Car Tech: The Coolest Auto News Out of Las Vegas This Week

CES 2023 Car Tech: The Coolest Auto News Out of Las Vegas This Week

CES may be considered the most influential tech event in the world, but it’s also one of the largest and most important auto shows in the US.  This year at CES 2023, hundreds of exhibitors from across the automotive sector have already unveiled some of their latest products and cutting-edge technologies. BMW announced the futuristic i

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