Tag: automotive industry insights
Porsche and Audi recall nearly 7,000 EVs due to safety concerns
Two of Volkswagen's premium brands, Porsche and Audi, are issuing recalls for versions of their 2023 EVs, including the Taycan and e-tron GT. Due...
How car dealers should prepare for the remainder of 2023 —...
Innovation and adaptation are crucial for car dealers to navigate today's auto market. But every time retailers acclimate to their industry's evolution, something new...
How to consistently achieve your monthly sales goals — Sean Gardner...
Many car dealers have already achieved their sales goals for the month thanks to high demand, strong pricing and effective strategies guiding their business....
New car supply rises in August but faces United Auto Workers...
New car supply rose in August to its highest point since April 2021, but an increasingly probable strike by the United Auto Workers union...
Auto loans more available in August, but credit access still restricted
Auto loans were easier to obtain in August, according to the latest credit availability data from Cox Automotive.
Overall loan access improved from July by...
Transform your dealership’s success with these key sales strategies – Jen Suzuki...
As the retail automotive industry evolves, dealerships recognize the importance of personalized shopping experiences and sales strategies. On today's episode of CBT Now, we're...
What Toyota dealers can expect in the final stretch of 2023...
Toyota dealers are set to gather for their annual National Dealer Meeting later this month, where they will learn more about the direction of...
Erin Kerrigan on advising the sale of Jim Koons Automotive to...
Asbury Automotive Group today announced plans to acquire Jim Koons Automotive Companies, making it the largest acquisition to be seen in the dealership buy-sell...
Asbury Automotive and Jim Koons Automotive sign massive acquisition deal
Asbury Automotive Group has agreed to purchase Jim Koons Automotive Companies, marking the first dealership group merger of this size since 2021.
According to a...
UAW swiftly rejects GM’s offer of 16% wage increase ahead of...
The United Auto Workers union received a counteroffer from General Motors, which included a proposed 16% wage increase for the top earners in its...