Tag: automotive industry insight
Top 15 EV lease deals to grab in November 2024
Rising inventory levels are fueling the industry as a several new, reasonably priced electric vehicle (EV) models hit the market. With excellent lease deals...
EVs boost dealership profits: A new era for auto service
As electric vehicles (EVs) gain traction in the automotive market, dealerships are experiencing a notable impact on their fixed operations revenue. EV repairs are...
NHTSA opens investigation into Tesla’s FSD software after multiple collisions
The National Highway Traffic Safety Administration (NHTSA) has launched a new investigation into Tesla’s Full Self-Driving (FSD) software after reports of four collisions involving...
How 5G connectivity will transform the automotive industry
5G technology offers a new era of high-speed, low-latency connectivity that will revolutionize almost every industry, including automotive. 5G will transform vehicles' communication and...
TrueCar’s net losses shrink despite CDK Global cyberattack impact
TrueCar reported improved financial results in the second quarter despite facing vehicle sales slowdowns among dealers affected by the CDK Global cyberattacks. The vehicle...
U.S. new vehicle prices continue downward trend in May, EV prices...
In May, new vehicle prices in the U.S. continued their downward trend, remaining lower year-over-year for the eighth consecutive month. According to Kelley Blue...
Rethinking used car management in a post-COVID economy — Josh Callahan...
Facing fluctuating supply chains, shifts in consumer preferences and normalizing trends, used car dealers have implemented new strategies to source inventory and keep sales...
Ally’s Gabe Garroni explores innovative trends in virtual and digital F&I...
Recognizing the consumer demands for flexibility and convenience, the F&I office is being revolutionized, and much of the automotive sales process has moved online....
How to ‘measure what you treasure’ in the automotive industry – Jennifer...
Welcome to another episode of the all-exclusive Kain & Co. here on CBT News. Your host David Kain, the president of Kain Automotive, is...
Brand loyalty among new car owners weakens, J.D. Power finds
According to the J.D. Power 2023 U.S. Automotive Brand Loyalty Study, more consumers are opting to forgo brand loyalty as new car inventory and...