NADA Headlines - 06/12/2017 (Plain Text Version)
Higher prices, higher interest rates, negative equity at play
If you've been waiting for a Chevy Bolt, you should be able to buy one before the end of the summer. Chevrolet has released an updated schedule showing that the Bolt, General Motors' extended-range plug-in electric vehicle and its most direct challenge yet to upstart Tesla Motors' ambitions, will be available nationwide in August, about a month ahead of schedule, according to GM. In order to sell Bolts, dealers will have to have a DC fast charger, which "provides up to 90 miles of range in about 30 minutes of charge time," according to GM.
Ford believes ride-sharing will necessitate big changeRide-sharing fleets could radically disrupt dealership service centers in the coming years, according to a high-ranking Ford Motor Co. mobility executive. The automaker believes repair shops will need to move at a much faster pace to plan both routine and unscheduled maintenance for ride-sharing fleets. That could include same-hour service or staying open all night for certain shops near cities.
Source: Automotive News [return to top]
Jaguar Land Rover, owned by India's Tata Motors, is the latest automaker to take a stake in Lyft, as the ride-share operator continues to expand partnerships with automakers and tech firms. With this deal Jaguar Land Rover's mobility services business, InMotion, invests $25 million in Lyft. The move will allow InMotion to develop and test mobility services including autonomous-drive vehicles with Lyft. In addition Jaguar and Land Rover will supply some Lyft drivers with vehicles.
As a partner with the Occupational Safety and Health Administration, NADA is encouraging its members to participate in OSHA’s Safe + Sound Week, which runs from June 12-18, 2017.