Tag: automotive industry insights
Hagerty CEO says ‘Barbie’ is fueling a significant uptick in vintage...
According to an Auto Trader report, the number of people interested in buying a “Chevy Convertible Corvette” has increased by 120% since the release...
Female car buyers: Why dealers shouldn’t underestimate women — Lena Bourgeois...
Women make up one of the largest car buyer demographics in the U.S., but many dealers are still relying on outdated practices or old-school...
Car owner satisfaction declines for second year in J.D. Power study
Car owner satisfaction declined for the second year in a row, according to the J.D. Power Automotive Performance, Execution and Layout (APEAL) Study.
It is...
UAW chief Fain meets privately with President Biden amidst contract fight
President Biden met privately with Shawn Fain, leader of the United Auto Workers (UAW) union, on July 19 as the automotive industry prepares for...
Tesla sees stagnating profits in Q2 even as electric vehicle revenues...
Tesla once again beat earnings forecasts in the second quarter but struggled to sustain profitability on its increasingly discounted electric vehicle lineup.
The electric vehicle...
General Motors appoints Norm de Greve as new CMO and senior...
On July 18, Norm de Greve was appointed senior vice president and chief marketing officer at General Motors.
De Greve joins GM after serving as...
A threat prompted the evacuation and shutdown of Ford’s Kansas City...
Following hours of security sweeps in response to an anonymous complaint, several law enforcement agencies, including the Federal Bureau of Investigation, found no evidence...
How to successfully recruit the best people for your dealership —...
Securing the right talent is crucial to the success of a dealership. So on today’s CBT NOW, we will spend some time exploring the...
Rivian to receive massive tax breaks in Georgia after appeal attempt...
A lawsuit opposing tax incentives for a new Georgia factory proposed by Rivian hit a roadblock on July 14 when the state supreme court...
After slow rollout, GM promises to ramp up production of its...
In the year's second half, General Motors promises to accelerate the production of its more recent electric vehicles as it seeks to obtain more...