Trade News

SHANGHAI - Tesla has begun producing in Shanghai a version of the Model Y to be sold in Canada this year, the first time it will ship cars to North America from China, according to a person with direct knowledge of the plan and a production memo seen by Reuters.

The move would connect Tesla's biggest and most cost-efficient factory in the world to North America, its largest market. The Model Y is the EV maker's best-selling model globally.

Over the weekend, Tesla posted on its website that it would offer a new, cheaper version of its Model Y in Canada, a rear-wheel drive variant of the crossover priced C$10,000 ($7,377.90) lower than the long-range version of the vehicle available in that market.Tesla's website showed that customers in Canada could take delivery of the new version of the Model Y between May and July.

The Canadian government's website was updated on Friday to show that the new version of the Model Y and the more expensive long-range vari…

TOKYO — Not long after Shoichiro Toyoda assumed the helm of his family's namesake company, he took two Toyota Crown sedans to the U.S. to see how they would perform in the market.

It was 1957, and the underpowered Crown was a big flop in the land of Corvettes and superhighways. Not only did the car need a down ramp just to acquire enough speed to merge, people thought the frumpy import was downright dangerous in bumper-to-bumper traffic.

"It was major regret," Toyoda later recounted of the Crown's premature debut in America.

But out of that setback was born a mindset that would power Toyota's triumphant return to America and its climb to become the world's biggest automaker.

"I want to tell people not to fear failure," Toyoda later said. "That kind of courage is essential."

This remembrance was one of many tales recounted on Monday, April 24, at an all-day memorial service for the late Toyota president and chairman, who died Feb. 14.

<…

Erikka Tiffani Wells, general sales manager at Walser Polar Chevrolet in White Bear Lake, Minnesota discusses ways to ensure dealers are building and fostering a work environment that is inclusive for both staff and shoppers.

Advertisement: It's time to take your dealership from 0 to 100, from dedicated underwriter and account executive teams to comprehensive training courses. Ally has the resources needed to help you take your business to the next level. Contact your local account executive today.

Emma Hancock: Hi everyone. Welcome back to the All Ears podcast. I'm Emma Hancock, host, and strategist at Automotive News. This podcast is sponsored by Ally Financial and produced by the Automotive News Content Studio. In each episode, we explore topics that are important to leaders in automotive retailing. Our guests include experts in their field from Ally, plus dealers from around the country, and we cover tips and explore insights that can help dealerships succe…

The Shanghai auto show was striking this year for the amount of attention given to Chinese brands compared with foreign rivals.

The domestic brands captured the majority of interest from media and influencers during the show's press days, leaving the exhibition stands of global brands much emptier than those from Chinese rivals.

It did not help that global brands were outgunned on new model reveals. Around 100 new vehicles were launched at the event, of which 70 were all-electric. The vast majority of those 100 were from Chinese automakers.

Most participating automakers – local or foreign -- spent a lot of money to attract attention at an event that has not been held to a global audience here since 2019 due to the pandemic.

Eye-catching gimmicks were everywhere. Polestar, for example, positioned its new Polestar 4 midsize crossover and Polestar 3 large crossover on a narrow runway strip above a field of 80,000 tulips.

The Geely-owned brand…

There's a new No. 1 at the top of Automotive News' annual used-vehicle ranking — acquisition-fueled juggernaut Lithia Motors Inc.

The ranking also has been revamped and has returned to a list exclusively featuring franchised dealership groups. That means the list's longtime leader, CarMax Inc., has departed, as have online used-vehicle retailers Carvana Co., Vroom Inc. and Shift Technologies Inc. The change was spurred in part by CarMax's sale in late 2021 of its last franchised dealership.

Those used-only giants will be part of a new list debuting May 22. Used-vehicle retailers, please let us know who you are so you can be considered. Submit your contact information to the Automotive News Research & Data Center at autonews.com/usedretailsurvey.

In the meantime, check out our extensive analysis of the top 100 dealership groups based in the U.S. and ranked by used-vehicle retail sales. Lithia's ascent to the apex of the used list just follows its toppl…

The United States is facing a charging challenge.

The Biden administration set a goal for zero-emission vehicles to make up half of new-vehicle sales by 2030. That initiative includes building a 500,000-site charging infrastructure by 2030 — about a tenfold increase from today.

Constructing a public charging infrastructure— with or without federal funding and largely from scratch— is a time-consuming, complicated process that requires coordination and investment across sectors.

Automakers, charging companies, retailers, utility companies and other stakeholders are coming together to develop a convenient, reliable charging map for EV drivers. They are plotting locations for chargers, partnering with dealerships, testing alternatives to standard charging and applying lessons from EV-trailblazer Tesla.

Automotive News spoke with dozens of industry participants and observers to identify the hurdles and solutions to deploying charging infrastructure. In…

Dissecting the EV charging challenge

In this week's pages, we explore America's charging challenge.

Constructing public charging infrastructure for what will be hundreds of millions of electric vehicles is a time-consuming, complicated process that requires coordination and investment across sectors.

Many players, including automakers, charging companies, retailers, utility companies and other stakeholders, are coming together to develop a convenient, reliable charging map for EV drivers.

Automotive News spoke with dozens of industry participants and observers during the past two months to identify the hurdles and solutions to deploying charging infrastructure.

■ My articles highlight the challenge and urgency of charger deployment with buy-in across sectors, the process for choosing charger locations, collaboration between automakers and charging companies and alternatives to standard public charging.

■ Laurence Iliff explains how…

In this week's pages, we explore America's charging challenge.

Constructing public charging infrastructure for what will be hundreds of millions of electric vehicles is a time-consuming, complicated process that requires coordination and investment across sectors.

Many players, including automakers, charging companies, retailers, utility companies and other stakeholders, are coming together to develop a convenient, reliable charging map for EV drivers.

Automotive News spoke with dozens of industry participants and observers during the past two months to identify the hurdles and solutions to deploying charging infrastructure.

My articles highlight the challenge and urgency of charger deployment with buy-in across sectors, the process for choosing charger locations, collaboration between automakers and charging companies and alternatives to standard public charging. Laurence Iliff explains how Tesla secured EV dominance and built its global Supercharge…

The head of North America at ev.energy explains how smart charging can help reduce strain on the electrical grid. He says different regional utilities face different challenges, including weather and grid capabilities.

How do I subscribe?

Apple Podcasts: “Shift: A podcast about mobility” is available on the iTunes Store and through the ‘Podcast’ app pre-installed on all iOS devices. Click here to subscribe.

Spotify: "Shift: A podcast about mobility" can be streamed through Spotify on your desktop, tablet or mobile device. Click here to subscribe.

Google Play: "Shift: A podcast about mobility" is available on Android devices through the Google Play store. Click here to subscribe.

Electric vehicles are complex pieces of machinery made up of roughly 30,000 parts. As both the public and private sectors look to accelerate the adoption of EVs, one part, the battery, has taken center stage. With much of the conversation rightfully focused on how to properly recycle batteries, the reality is that the component makes up only around 40 percent of an EV by value, leaving 60 percent — and thousands of other parts — unexamined.

Ecological concerns play a major role in consumers' desire to purchase EVs, so understanding their vehicle's impact on the environment has become important. As automakers and stakeholders seek to capture value and drive growth in a world increasingly focused on carbon, there is growing opportunity to incorporate circularity into automotive design and end-of-life disposition.

A framework grounded in reduced waste production and multiple life cycles of raw materials, circularity offers automakers a chance to …

2022 rank Dealership group Total usedretail units 54 McGovern Automotive Group 14,357 79 Envision Motors 10,429 90 Bomnin Automotive Group 8,620 94 Empire Automotive 8,332 95 Young Automotive Group 8,191 97 Gilchrist Automotive 8,020 98 Bob Loquercio Auto Group 7,995 99 Murgado Automotive Group 7,989 Source: Automotive News Research & Data Center

Eight dealership groups are new to this year's top 100 used list. Three — McGovern, Envision and Young — are new to both this used ranking and the recently published list of the top 150 dealership groups based in the U.S. and ranked by 2022 new-vehicle sales. The other five groups — Bomnin, Empire, Gilchrist, Bob Loquercio and Murgado — have appeared in earlier top 150 lists but had never made the used ranking until now.

Dealership groups 2022 used-retail vehicles 2021 used-retail vehicles % change 1: Asbury Automotive Group † 151,464 105,206 44.0% 2: Cavender Auto Family 19,611 14,538 34.9% 3: Keating Auto Group 22,846 17,115 33.5% 4: Envision Motors 10,429 7,903 32.0% 5: Empire Automotive Group 8,332 6,476 28.7% 6: Shottenkirk Automotive Group 26,107 20,325 28.4% 7: Morgan Auto Group 77,610 62,808 23.6% 8: Fletcher Jones Automotive Group 19,278 15,785 22.1% 9: Car Pros Automotive Group 8,713 7,228 20.5% 10: Del Grande Dealer Group 12,801 10,767 18.9% † Publicly held Source: Automotive News Research & Data Center

Twenty-three dealership groups on the list recorded double-digit percentage gains in used-vehicle retail units sold. Those with the highest increases largely achieved the gains as a result of dealership acquisitions made in 2021 and 2022, as the addition of more stores boosted overall sales volumes. The chart above shows the groups with the 10 highest percentage improveme…