Tag: auto industry news
Stellantis scales back U.S. vehicle production to align with dwindling sales...
To cut costs, Stellantis continues to cut jobs and scale back U.S. vehicle production to align with sales projections. A weeklong production pause began...
New EV models drive October’s market share
The newest wave of highly anticipated EV models from big brands such as Chevy, Honda, Jeep, and Volkswagen are expected to drive October’s market...
Florida dealerships assess damage, begin reopening efforts after Hurricane Milton
Hurricane Milton, a Category 3 storm with winds of 120 mph, made landfall near Siesta Key, Florida, on October 9, prompting widespread closures of...
Sean Gardner on why sales skills still reign supreme
In today’s fast-paced automotive market, the days of letting customers walk out the door are long gone. Now more than ever, closing skills have...
Toyota shifts focus to hybrid-only lineup, challenging industry’s EV-only future
Traditionally slow to embrace electric vehicles (EVs), Toyota is now taking bold steps to transition most, if not all, of its Toyota and Lexus...
EV Auto CEO Alex Lawrence reveals secrets to thriving in the...
In a landscape where many car dealers are just beginning to navigate the EV market, Alex Lawrence, CEO of EV Auto, stands out as...
Navigating the storm: How the global stock market meltdown could impact...
As we wake up to the ominous headlines of August 5th, we’re clearly staring down a potential Black Monday. Stock markets worldwide are in...
UAW endorses Kamala Harris for president, bolstering campaign in Michigan
The United Auto Workers (UAW) union endorsed Vice President Kamala Harris for U.S. president on Wednesday, a move expected to strengthen Harris’s campaign in...
Unveiling the ‘Complete Profit Picture’: Insights from industry powerhouses
As dealers grapple with challenges like inaccurate appraisals, mispriced vehicles, and underperforming digital marketing, Cox Automotive stands out as a beacon of expertise in...
Why a positive company culture is essential for success – John...
You’ve heard it before- not all managers are leaders. On today’s episode of CBT Now, we’re exploring what it truly means to lead an...