This article was originally published https://www.autoblog.com/2022/08/15/tesla-gigafactory-shanghai-1-millionth-car/. Plant closures and other challenges didn’t keep Tesla’s Chinese factory from crossing a key milestone. As Electrek notes, company chief Elon Musk has revealed that Gigafactory Shanghai recently produced its 1 millionth car. As mentioned earlier in August, Musk noted that Tesla has made a total of 3 million
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Recent Industry News

Timeline: LMP Automotive’s quick rise and fall
This article was originally published here: https://www.autonews.com/dealers/timeline-lmp-automotives-quick-rise-and-fall. LMP Automotive Holdings Inc., founded in late 2017 as a vehicle subscription provider, went public in December 2019 and bought its first franchised dealerships in March 2021 before seeing its ambitious growth plans start to unravel. When LMP started buying new-vehicle stores, it joined the ranks of just
The GT500 is the most powerful Mustang Ford has ever made, and you can win one here
This article was originally published https://www.autoblog.com/2022/08/15/omaze-mustang-gt500/. “If you’re on a race track, your mind will be blown.” That’s what we said in our first drive review of the Ford Mustang GT500. Now, with the next-generation Mustang debuting September 14 on the first day of the Detroit Auto Show, it’s a great time to snag this
Carvana is in hot water in Florida over title delays
This article was originally published https://www.autoblog.com/2022/08/15/carvana-florida-title-delays/. If you live in Florida, the number of options for online car buying may be shrinking. The state’s Department of Highway Safety and Motor Vehicles filed complaints against online auto retailer Carvana, citing title delays as the reason. News Channel 8 reports that the state filed two complaints, one
Five Challenges Impacting the Upfit Market for Commercial Fleets
This article was originally published here: https://www.automotive-fleet.com/10179011/five-challenges-impacting-the-upfit-market-for-commercial-fleets. Upfit vehicles have more doors to ensure are locked, hinges to worry about, moving equipment, and so much more. Photo: Stellar This article will explore the current trends that are influencing the upfitting market and their impact on those fleet operations whose vehicles require the installation of specialized
WATCH: Mahindra Previews 5 Electric SUVs Based On Volkswagen MEB Platform
This article was originally published https://www.autospies.com/news/WATCH-Mahindra-Previews-5-Electric-SUVs-Based-On-Volkswagen-MEB-Platform-110923/. Indian brand Mahindra seems to be preparing for the electric era as it announced five new SUV concept cars previewing future production models for the XUV and BE sub-brands. The concepts are based on Mahindra’s new EV skateboard platform called Inglo, using components from VW Group’s MEB architecture. The

Auto retailer led by Tampa Bay Buccaneers co-owner buys Jaguar-Land Rover, Hyundai-Genesis and Cadillac dealerships
This article was originally published here: https://www.autonews.com/dealers/auto-retailer-led-tampa-bay-buccaneers-co-owner-buys-jaguar-land-rover-hyundai-genesis-and. US Auto Trust, a fast-growing dealership group led by Edward Glazer, an owner of the NFL’s Tampa Bay Buccaneers, has purchased four California stores in four separate transactions since December, including two in the third quarter. US Auto Trust on Aug. 2 bought Jaguar-Land Rover Los Angeles from
High Prices Are Now Taking Some Consumers Out Of The Used Car Market
This article was originally published https://www.autospies.com/news/High-Prices-Are-Now-Taking-Some-Consumers-Out-Of-The-Used-Car-Market-110922/. Higher transaction prices are “just taking some people out of the market,” Penske said. In the U.S., vehicles that once sold at CarShop’s preferred price point of $20,000 became more costly to acquire, meaning their price tags had to move to $30,000 territory, Penske said. It considered lower-value vehicles
Used-Vehicle Supply Looks More Normal as Prices Rise
This article was originally published here: https://www.automotive-fleet.com/10179003/used-vehicle-supply-holds-steady-prices-rise. The average used-vehicle listing price surpassed $28,000 in mid-April and rose to a record high of $28,375 in early May. The average listing price then edged downward throughout June but turned upward during July, closing at $28,219, an increase from the revised $28,004 at the end of June.
Join a 4Runner driver as he documents Death Valley’s recent washout
This article was originally published https://www.autoblog.com/2022/08/15/death-valley-flooding-drive-through/. Whether you happen to live under a rock or, like the producer of the video shown here, get all your news from memes and car blogs (Hi, Matt!), you may not be aware that Death Valley experienced some uncharacteristically extreme weather earlier this month, bringing with it record-shattering flooding

Rivian, Lucid rush to help buyers with existing EV tax credit before it expires
This article was originally published here: https://www.autonews.com/regulation-safety/rivian-lucid-rush-help-buyers-existing-ev-tax-credit-it-expires. Luxury electric vehicle startups Rivian Automotive and Lucid Motors are rushing to help reservation holders qualify for the current $7,500 federal tax credit before the recently passed Inflation Reduction Act replaces it with a more restrictive incentive that includes price and income caps. With President Joe Biden expected
1-of-13 AMG Hammer hammers for a stunning price
This article was originally published https://www.autoblog.com/2022/08/15/amg-hammer-coupe-sells-at-auction/. Looking at auto auction prices, it’d be easy to think you’ll never afford an enthusiast car ever again. Everything from low-mileage Aston Martins to daily-driven Camrys are drawing far more than anyone expects on the auction block. However, one car just sold for an unsurprisingly massive amount. This 1988
Certified Pre-Owned Sales Hold Steady in July
This article was originally published here: https://www.automotive-fleet.com/10179000/certified-pre-owned-sales-hold-steady-in-july. Used-vehicle retail sales declined 13% in July from June, and sales were down 16% year over year. Source: Cox Automotive Certified pre-owned (CPO) sales in July fell to 206,346 units, a level nearly equal to June’s volume of 206,443 and down 17% from July 2021, Cox Automotive reported
The 2022 Mitsubishi Mirage
This article was originally published here: https://www.automotive-fleet.com/10178999/the-2022-mitsubishi-mirage. The Mitsubishi Mirage received a substantial redesign in 2021 and is loaded with safety equipment. Photo: Mike Antich If you’re looking for courier vehicles with low total cost of ownership and plenty of safety equipment, the 2022 Mitsubishi Mirage fits the bill, selling at a low acquisition costs
Leverage the Synergy of Safe Driving to Achieve Sustainability and Cost Goals
This article was originally published here: https://www.automotive-fleet.com/10178995/leverage-the-synergy-of-safe-driving-to-achieve-sustainability-and-cost-goals. Modifying driver behavior is the No. 1 strategy to achieve simultaneous goals at once. Photo: Antich The three challenges that are consistently the top priorities for most fleet managers operating internal combustion (ICE) vehicles are mitigating the high cost of fuel, complying with corporate pressures to reduce fleet’s contribution