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Ford brings back dealer incentive, Stellantis wants lighter EVs, massive Toyota discount

Kain & Co.

Eric Schlesinger of ActivEngage joins Kain & Co. to discuss the evolution of dealership technology and how it affects the car buying process.Diversifying your dealership technology tool kit – Eric Schlesinger | ActivEngage
On the latest episode of Kain & Co., host David Kane sits down with Eric Schlesinger, chief revenue officer at ActivEngage, to discuss how dealership technology is changing the face of communication within the car business. Watch full segment here.

Top Stories

Ford reintroduces stair-step incentives on 2023 F-150 pickups. Read More

Stellantis CEO calls for lighter electric vehicle batteries. Read More

Toyota offers $10,000 discount on all-electric bZ4X leases. Read More

Ford to delay even more EV releases, prioritize hybrids. Read More

For Dealers

BYD witnessed a sharp quarter-over-quarter electric vehicle sales decline amidst a slowdown in demand and an economic downturn in China.Automotive weekly roundup: BYD sales plummet, Tesla disappoints, Ford wins on hybrids
Earlier this week: China’s BYD saw sales plunge from the previous quarter amidst an economic downturn. Tesla reported disappointing sales for the first quarter, marking the first year-over-year decline since 2020. General Motors saw sales drop 1.5% during the January-through-March period on weaker fleet sales but still retained its place as the U.S.’s best-selling automaker. Read More

New dealership profit forecasts are in 2024, underlining normalizing trends in the car industry even as sales continue to rise for key brands.Understanding the latest dealership profit forecasts
Welcome back to the latest episode of The Future of Automotive on CBT News, where we put recent automotive and mobility news into the context of the broader themes impacting the industry. I’m Steve Greenfield from Automotive Ventures, and I’m glad that you could join us. Coming off last week’s New York Auto Forum, J.D. Power reported that 2024 dealer profits were projected to be about $26 billion. Read More

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CBT News
CBT News
For over 11 years, CBT News has been informing and helping automotive retail professionals grow their businesses and thrive in their careers through an awarding-winning, on-demand streaming platform. With exclusive interviews featuring the biggest names in the industry, daily newscasts, up-to-date market data, and exclusive articles covering the latest trends, CBT News is your #1 source for auto industry news and content.

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