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White House urges Stellantis to honor commitments to UAW after plant closures

Stellantis is under pressure from both the White House and the United Auto Workers (UAW) union to follow through on its 2023 promise to reinvest in communities impacted by U.S. plant closures. White House spokeswoman Karine Jean-Pierre emphasized the importance of Stellantis delivering on its commitments to reopen and expand production in areas devastated by past plant shutdowns. The pressure comes as Stellantis faces criticism from the UAW, which claims the automaker has failed to uphold its agreed-upon product and investment commitments. The union's local chapters are threatening multiple strikes over Stellantis' delays. As part of the 2023 UAW contract,...

Ford offers dealers up to $22,500 to move F-150 Lightning inventory in new pilot program

Ford is incentivizing dealers to move its F-150 Lightning electric trucks. Through a new pilot program, dealers can earn up to $22,500 to replenish...

GM Partners with Lithium Americas for $625 million joint venture

General Motors (GM) has entered into a $625 million joint venture with Lithium Americas Corp. to develop and operate a lithium carbonate mining project...

New vehicle affordability stalls in September despite lower loan rates

According to the Cox Automotive/Moody's Analytics Vehicle Affordability Index, new vehicle affordability in September showed no significant improvement, as rising vehicle prices and minimal...
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Maximizing EV sales: A dealer’s guide to available resources

As the automotive industry shifts toward an inevitable future dominated by electric vehicles (EVs), car dealers must adapt their sales strategies to meet this...

How car dealerships can support their teams during challenging times

By Joseph Michelli As you know, the automotive industry has recently faced numerous challenges, from economic downturns to supply chain disruptions. These moments of adversity...

How the Tamaroff Group navigates the automotive landscape via legacy and innovation – Eric Frehsée

In today's episode of Inside Automotive, we examine how the Tamaroff Group is managing inventory and sales and adapting to the increasing popularity of...

How appraisal strategies can unlock revenue potential in 2024 – Jade Terreberry and Micah Tindor

We all know that when Cox Automotive experts give advice on what they are seeing, especially when it comes to appraisals, merchandising, and pricing...

Preparing your dealership for the future of service: The impact of EVs on service departments

Projections are that EVs will account for 50% of new vehicle sales by 2030. With that, dealership fixed operations need to adapt to meet...

Dealer Synergy’s unique approach to ‘Buy a Car’ – Sean & Karen ‘Karina’ Bradley

Karen “Karina” Bradley has released a remix of Taylor Swift’s popular song “Shake it Off” called “Buy A Car”. This catchy remix, along with...

NAMAD Chairman Damon Lester recaps the 2024 annual conference

In today's episode of CBT Now, Damon Lester, Chairman of the National Association of Minority Automobile Dealers (NAMAD), joins us to discuss the successful...

Cox Automotive’s Q3 Dealer Sentiment Index reveals increasing uncertainty among independent dealers – Erin Keating

In the latest episode of Inside Automotive, Erin Keating, Senior Director of Economic and Industry Insights at Cox Automotive, shares her expert analysis of...

Dave Cantin Group Announces Biltmore Automotive Services’ Acquisition of DCG’s Capital and Ownership Accelerator Program Lines of Business

NEW YORK, Sept. 16, 2024 – The Dave Cantin Group, a leading mergers and acquisitions advisory company to retail automotive groups and their owners,...

Jim Ganther reveals key strategies for proactive compliance and cybersecurity

In this episode of Training Camp, host and F&I expert Adam Marburger welcomes Jim Ganther, the founder of Mosaic Compliance Services and a leading...

Bridging the technician gap: how dealerships can recruit from trade schools

As new car dealerships face a growing demand for skilled technicians, developing effective recruitment strategies is increasingly essential. With trade schools producing a steady...

5 proven strategies to drive more traffic and close more deals – Simon T. Bailey

In recent years, resilience has become essential for thriving in both personal and professional realms. In today's episode of CBT Now, we're diving deeper...