Tag: auto sales
J.D. Power Study: More car buyers are considering electric vehicles
J.D. Power released the results of its 2022 U.S. Electric Vehicle Consideration Study this week, revealing that more consumers are considering buying electric vehicles while hesitations...
What should car dealers expect from the used car market this...
Welcome to this week's episode of Used Cars Weekly, the original CBT News show dedicated to bringing car dealers best practices and tips for the...
Ford agrees to pay $19.2 M to settle false advertisement claims
Ford Motor Co. has reached a settlement with 40 states and the District of Columbia after allegations that the automaker made false advertisements regarding fuel economy...
Samsung SDI and Stellantis to build EV battery plant in Indiana
South Korea-based Samsung SDI and Stellantis N.V. announced this week they would be entering into a joint venture to build a lithium-ion battery production plant in...
CEO Carlos Tavares foresees EV materials shortage in coming years, disrupting...
Stellantis CEO Carlos Tavares is warning the auto industry and regulators of serious hurdles they could face in the coming years as they race...
How to enhance service department efficiency and gain more market share...
On today's Power Lunch, we'll spend some time discussing efficiencies within the dealership service department. Joining us in the studio are Jade Terreberry, Senior Director...
Toyota trims June production by 100,000 units due to chip shortage
On Tuesday, Toyota Motor Corporation announced that global production for June would experience further adjustments as the carmaker grapples with supply chain issues. Of a previously...
Kia reaches 10 million vehicle sales in the U.S.
Kia America announced that it sold its ten millionth vehicle in the United States this week. The car purchased at Car Pros Moreno Valley in California...
Toyota and BMW take the lead for most shopped vehicles
This week, the Q1 2022 Kelley Blue Book Brand Watch™ reports revealed that Toyota and BMW are back to having the most-shopped vehicles in...
Market-based sales objections will happen—here’s how to work through them
There is still uncertainty surrounding our lives, like rising inflation rates, gas prices, and the COVID-19 pandemic. If you're feeling the effects, your customers...
