Tag: automotive industry insights
2024 NADA show updates: schedule changes and video contest — Bobby...
The highly anticipated 2024 NADA show is quickly approaching, starting February 1st in Las Vegas. On this episode of Inside Automotive, host Jim Fitzpatrick...
NHTSA to investigate Ford Escape SUVs over door complaints
The National Highway Traffic Safety Administration (NHTSA) is conducting an investigation into Ford Escape SUVs after receiving complaints of defective door brackets.
The NHTSA notes...
U.S. Army receives first order of electric pickups from Ford
Ford has completed the first delivery of electric pickups to the U.S. Army as the military looks to transition away from gas-powered vehicles.
The car manufacturer...
Credit access increases in June as auto financing trends stabilize
Auto financing became easier to access in June as lenders began to loosen restrictions placed after the sudden collapse of several banks.
On July 10,...
Dealer Abraham Razick and wife Alma die in California plane crash
Six individuals, including a respected dealer and his spouse, perished in a plane crash in Riverside County, California on July 8.Â
All six occupants of...
Dealer Forward: how technology is optimizing the service department workflow
The emergence of new technologies and car buyer preferences has created new ways to improve service department profitability, but what tools should dealers choose?...
Follow Warren Buffett’s simple formula to create enormous success
You’ve likely seen Warren Buffett, one of the wealthiest people alive, on TV discussing finances and other topics. How did Warren Buffett amass such...
Power loss issue affecting Hyundai Ioniq 5 and Kia EV6 may...
The National Highway Traffic Safety Administration has expanded its investigation into reports of power loss affecting Hyundai electric vehicles with a new probe into...
Manheim caught a significant decline in wholesale pricing for used cars
On a mix, mileage, and seasonally adjusted basis, wholesale used-vehicle prices dropped 4.2% from May to June. Manheim's Used Vehicle Value Index (MUVVI) fell...
Cox Auto reports fleet sales boost Q1 and Q2 auto sales
According to an early estimate from Cox Automotive, sales into large fleets—excluding sales into dealer and manufacturer fleets—rose 44.6% year over year to 217,572...
