Tag: automotive industry insights
Why dealers are returning to the M&A market after COVID —...
In July, Zeigler Auto Group acquired Elhart Automotive, which includes Elhart's Kia, Hyundai, Nissan and GMC dealerships. On this episode of Inside Automotive, host...
Why dealers should reevaluate their inventory management strategies now — Dale...
Over the last few years, fluctuating production and an unstable supply chain have made it difficult for car dealers to keep their lots stocked....
Examining electric vehicle demand in America’s largest car market — Brian...
The California New Car Dealers Association (CNCDA) recently published its 2023 California Auto Outlook report, shedding light on automotive industry trends and a surprising...
Fisker unveils price tag, limited release for Ronin super GT electric...
Electric vehicle startup Fisker has announced updates to the upcoming Ronin super GT, unveiled earlier this month.
The Ronin super GT, tagged as "the world's...
New car supply sees slight decline in July as demand remains...
New car supply dipped slightly in July as improved manufacturing, higher demand and ongoing scarcity allowed dealers to sell more vehicles at higher prices.
According...
Dealerships embrace AI for loans, yet crave in-person sales impact
Auto lending is a process that is becoming more automated, and dealership finance teams are generally in favor of using new technologies like AI...
Lincoln dealership donates school supplies to teachers in Lancaster, P.A.
A Lincoln car dealership provided school supplies to 40 teachers in Lancaster County, Pennsylvania. Recipients include teachers from Norristown, Malcolm, Waverly, and Lincoln schools.
A...
Explaining differences in electric vehicle demand between states — Jason Wilson...
As electric vehicle demand rises, more states are adopting regulations created by the California Air Resources Board (CARB). These policies push automakers to gradually...
Car buyers see credit access improve in July as loan approvals...
Car buyers saw credit access improve in July to the highest point since March, when the collapse of several banks caused lenders to adopt...
OEM executives see new normal for pricing, sales model in survey
OEM executives believe that the COVID pandemic has created a new normal for certain aspects of the car market, according to a survey conducted...