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As the automotive industry accelerates towards hybrid and electricvehicles (EVs), a new challenge has emerged: a significant shortage of qualified hybrid and electricvehicle mechanics to service these advanced vehicles. Hands-On Training: Practical experience is a cornerstone of ATC’s approach.
The automotive industry is undergoing a generational transformation with the continued use of electricvehicles (EVs). As more consumers embrace the benefits of EVs, the used car market is also seeing an influx of these eco-friendly vehicles.
The automotive industry is undergoing a generational transformation with the continued use of electricvehicles (EVs). As more consumers embrace the benefits of EVs, the used car market is also seeing an influx of these eco-friendly vehicles.
As the automotive landscape shifts dramatically towards electrification, two of Japan’s automotive giants, Honda and Nissan, have made headlines with a groundbreaking new deal in automotive training. With significant manufacturers committing to electrification, expertise in EV technology will be increasingly valuable.
The electricvehicle (EV) revolution is in full swing, and it has a fascinating global battleground for market dominance. As seen in automotive school , Tesla has long been a household name, and a new wave of Chinese automakers are challenging the status quo.
As we look back on Q3, the automotivemarket has revealed key trends that highlight the complexities of inventory management for auto retailers. In Q2, dealers experienced a 10% sales increase for new vehicles despite challenges like the CDK Global cyber incident. However, there were notable OEM-specific trends worth mentioning.
In fact, Europe was the fastest-growing market in 2023 as a result of booming demand in Turkey, the region’s fourth-largest market, ahead of Spain. In addition to this, the strong push from the local authorities to incentivize demand for electricvehicles (EVs) also contributed to accelerated sales, JATO data found.
The workers, though, still face uncertainty in the face of a shifting automotivemarket. As manufacturers transition to electricvehicles, those workers need to know they won’t be left out in the cold, and those assurances are still forthcoming. The United Auto Workers strike has — tentatively — ended.
Through expert-led workshops and panel discussions, attendees gain actionable insights to navigate challenges like changing market dynamics and electricvehicle adoption. Networking Opportunities The event attracts professionals from across the automotive industry, including manufacturers, vendors and other dealerships.
Brookdale Community College has secured a grant totaling $561,318 from the National Science Foundation to pioneer the ElectricVehicle Education for New Jersey (EVE-NJ) project. As the automotive industry rapidly transitions towards electricvehicles, this grant represents a pivotal investment in preparing the workforce for the future.
In the wake of the global pandemic, the automotive industry has been riding through a storm of unprecedented challenges and transformations. As the world gradually emerges from the shadows of COVID-19, a significant shift in the car retail landscape is becoming increasingly apparent, particularly in the electricvehicle sector.
For instance, if the customer data platform indicates a growing interest in electricvehicles among a particular demographic, the inventory data platform can adjust its recommendations to ensure the dealership is well-stocked with the right mix of EVs to meet this demand. Used car day supply is expected to remain tight and steady.
On top of enacting a major regulation that will dramatically upend the automotive industry, the federal government allocated $7.5 billion towards expanding the country’s electricvehicle (EV) charging infrastructure through the Infrastructure Investment and Jobs Act (IIJA) passed in 2021. It has also spent $78.4
On top of enacting a major regulation that will dramatically upend the automotive industry, the federal government allocated $7.5 billion towards expanding the country’s electricvehicle (EV) charging infrastructure through the Infrastructure Investment and Jobs Act (IIJA) passed in 2021. It has also spent $78.4
The good news is that the margins for used vehicles and fixed operations are expected to remain relatively strong. For many dealers, their profits will also be affected by higher floor plan costs and the need to invest in infrastructure to support the growing sales of electricvehicles. auto market in 2024.
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