Tag: auto industry news
Car manufacturers report impressive sales gains for 2023, GM tops list
Domestic and import car manufacturers jostled for market share throughout 2023 but made overwhelming progress in year-over-year sales as production, affordability, and demand normalized.
General...
Top-selling used vehicle models trade places in 2023
The Ford F-150 was one of the few used vehicle models to remain unaffected by economic trends in 2023, retaining its top-selling spot even...
Ford adjusts 2024 F-150 Lightning prices ahead of release
Ford has adjusted prices on the upcoming 2024 F-150 Lightning battery-powered pickups in response to shifting demand in the electric vehicle segment.
The move comes...
Wholesale used vehicle prices continue to normalize
Used vehicle prices dropped again across November and December as trends within the retail automotive sector continued to normalize in the post-pandemic economy.
According to...
The role of empathy in automotive sales: Understanding customer needs for...
In the automotive sales landscape, empathy holds significant importanceÂ. It involves grasping and relating to others' eÂmotions and perspectives. In this industry, eÂmpathizing means...
Integrating technology and human touch in car sales: Striking the balance...
Technology is changing how consumers shop for and buy cars. Yet chatbots, virtual reality applications, and artificial intelligence haven’t eliminated the need for human...
Canada joins U.S. in setting ZEV sales mandate
Canada has joined the U.S. in setting a zero-emission vehicle (ZEV) mandate, calling on automakers to gradually phase out internal combustion engine (ICE) models...
Restoring trust in the repair and maintenance process — Skyler Chadwick...
Many dealers realize the important role trust plays in customer retention and service scores, often going to great lengths to ensure their buyers have...
Used vehicle prices hit seasonal slump in November
Wholesale used vehicle prices declined in November as the auto industry entered its seasonal slump.
According to Cox Automotive's Manheim Used Vehicle Value Index, used...
Electric Mach-E could lose eligibility for U.S. tax credits, says Ford
On December 6, Ford announced that the federal tax credits for its electric Mustang Mach-E vehicles may no longer be available starting in January...