MARCH 5, 2021

Silicon Valley Exec: Dealers Can Have Voice in Shared Mobility

New business models built around shared mobility and no-contact services tend to favor existing dealerships if they are willing to experiment and innovate, Ridecell vice president Mark Thomas says.

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EV Brand Polestar to Open 15 New U.S. Showrooms

Consumers can get acquainted with vehicles – but not take delivery – at the so-called “Polestar Spaces.” The Polestar 1 and Polestar 2 are available now. Polestar 1 production ends this year, but two new Polestar models are on the way.

Auto Auctioneer Manheim Quick to Make Digital Switch

The giant wholesale auction firm switched to Manheim’s all-digital Simulcast system almost literally overnight. From doing about 50% of its sales remotely, Manheim went to 100% digital at all auction locations.

Stellantis No ‘Crisis Merger,’ Going All-Electric, Tavares Says

The new automaker will not make any major future investments in internal-combustion engines and expects more from its luxury brands and suppliers. CEO Carlos Tavares says he is not certain the shortage of semiconductor chips will end by the second half of 2021.

Volvo Moving to All-BEV Lineup, Online-Only Sales

No timeline is given for plans to place all orders online, raising the question of whether Volvo will adopt a wait-and-see approach to gauging consumer demand for an exclusively digital buying experience.

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