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Software-defined vehicles will reshape the driving experience
Adapted from the GCADA Newsletter Software-defined vehicles (SDVs) are transforming the driving and automobile ownership experience by allowing for unprecedented customization and adaptability. Unlike traditional gas-powered cars that require mechanical changes for performance modifications, SDVs – especially those in the electric-vehicle fleet – can adjust characteristics such as torque, acceleration and even handling through software. SDV technology enables drivers to emulate different driving experiences,... -
Rebounding from the "blue screen of death"
In what has been described as the biggest IT failure in history, 8.5 million computers running Microsoft Windows were hit with the dreaded blue screen. Although Microsoft stated that less than 1 percent of its global footprint was affected, the global outage wreaked havoc. From the U.S. to China and Australia, basic services in nearly every business category came to a screeching halt. Where... -
IRS reminds car dealers and sellers to be aware of phishing scams
The Internal Revenue Service would like to remind car dealers and sellers to be aware of evolving phishing and smishing scams that could impact day-to-day operations of the business. In light of the recent ransomware attack aimed at car dealers, the IRS is warning individuals and businesses to remain vigilant against these attacks. Fraudsters and identity thieves attempt to trick the recipient into clicking... -
Will the VW / Rivian partnership last longer Danny and Sandy's "Summer Love"?
A month ago, on June 25, Volkswagen Group made headlines by announcing a significant investment of $1 billion in Rivian Automotive. The automaker also stated its intention to increase its stake in the EV start-up by an additional $2 billion over the coming years. -
EV Segment Begins 2024 Experiencing an Economic Hangover
Following an incredible, whirlwind, three-year high fueled by outsized promises and expectations spurred on by a seemingly endless supply of money and government edicts, the EV world finds itself taking four ibuprofen and guzzling a quart of Gatorade as it attempts to recover from its current hangover. The industry has difficulty shaking the cost, range anxiety, and charging time trilogy with potential buyers beyond... -
The Decline of Vroom: An Online Used Vehicle Cautionary Tale
When online used vehicle retailer Vroom announced in late January it was ceasing online sales and liquidating inventory, the company became the latest “disruptor” to acknowledge that the car business is more complicated than previously thought.