Tag: Auto Industry Trends
Toyota ranks 10th in future readiness study, overtaken by BYD
After being named the second most future-ready automaker in 2022, Toyota saw its ranking decline to 10th place on Tuesday, May 16, with Chinese...
Affordability improves in April, but new car prices remain high
Data from Cox Automotive suggests that vehicle affordability improved slightly in April, although pricing pressures remain high.
The Vehicle Affordability Index found that the median...
Tesla allowed to operate dealerships says Delaware Supreme Court
On May 15, The Delaware Supreme Court reversed a 2022 decision blocking Tesla from operating its own dealerships in the state.
The electric vehicle brand...
Hacker reveals Tesla is tracking driver behavior to measure drowsiness
Tesla will now analyze driver behavior to measure drowsiness, even when assistance software such as Autopilot and the Full Self-Driving (FSD) Beta are disengaged.
The...
The pitch-less sales pitch: How successful dealers win over difficult clients...
How do successful salespeople persuade guarded or disinterested car buyers? On this episode of Inside Automotive, host Jim Fitzpatrick is joined by Matt Easton,...
Rivian slows Q1 losses, eyes profitability by 2024
Rivian ended the first quarter with a smaller loss than last year thanks to greater revenue and successful cost-cutting measures.
The electric vehicle manufacturer saw...
Google Analytics 4: How the ASC is preparing dealers for a...
On the last episode of Auto Marketing Now, host Brian Pasch, founder of PCG Companies and auto marketing expert, discussed the importance of merging...
Addressing vehicle trade-in pain points: Building trust with education — Micah...
Dealers have been turning to consumer trade-ins as a key source of inventory, so why are trade-ins a pain point for buyers and sellers?...
Fisker adjusts production target, reports another loss in Q1
In its quarterly financial report, Fisker announced it was cutting its yearly production goal of 42,400 units to a range of 32,000 to 36,000...
Speed in car sales: How to shorten customer wait times —...
On this episode of Inside Automotive, host Jim Fitzpatrick is joined by Sean Gardner, instructor and sales trainer at the Joe Verde Group, to...