Tag: automotive industry insights
Ford halts production of all-electric F-150 Lightning to tackle inventory challenges
Ford Motor Company plans to pause production of its all-electric F-150 Lightning at the Rouge Electric Vehicle Center in suburban Detroit from November 18...
Stellantis reports a 27% decline in Q3 profits
Stellantis, the parent company of Chrysler, Jeep, Dodge, and Ram, continues to struggle. Its third-quarter results, published on October 31, revealed that revenue fell by 27%....
BYD surpasses Tesla in quarterly revenue as hybrid sales drive record...
On Wednesday, China’s BYD reported a quarterly revenue of 201.1 billion yuan ($28.2 billion) for the third quarter, marking the first time it has...
Revitalize your dealership culture for today’s automotive market – Jen Suzuki...
According to the National Automobile Dealers Association (NADA), dealerships' annual turnover rate continues to grow at an alarming rate, with over 46 percent of...
From the screen to the showroom: video strategies that will increase...
In today’s fast-paced digital landscape, car salespeople need to adopt innovative strategies to connect with customers and boost sales. One of the most impactful...
How the Amazon-Hyundai partnership is transforming car buying and consumer...
The standout partnership between Amazon and Hyundai created quite a buzz at the top of the year. In today's episode of Inside Automotive, we’re...
Ford sees $892M Q3 profit but faces challenges amid rising costs...
Ford Motor reported a net income of $892 million for the third quarter of 2024, marking a 25% decrease compared to the previous year....
Tesla’s new 48-volt connector aims to cut costs and boost efficiency
Tesla, known for its transformative impact on the automotive market, is taking another bold step by introducing a standardized 48-volt electrical connector. The EV...
How dealers can convert digital leads into major revenue – Sean...
With a staggering increase in Americans using the internet as their first step in their hunt for a new vehicle, BDCs are proving to...
UAW Local 2209 initiates strike authorization vote at GM’s Fort Wayne...
United Auto Workers (UAW) Local 2209 is set to hold a critical vote on Wednesday regarding a potential strike at General Motors' Fort Wayne...
