Tag: automotive industry insights
Ford prepares white-collar workers to fulfill part orders as UAW strike...
Ford is gearing up for its white-collar salaried employees to walk off amid United Auto Workers, UAW, strike concerns next month, according to initial...
UAW strike could affect dealers, cause industry losses of $5 billion
A 10-day UAW strike (United Auto Workers) could result in a loss of $5 billion, affecting nearly every sector of the automotive industry, including...
GM cuts engineering roles as a part of “winning with simplicity”...
By cutting and reallocating around 200 engineering employees, General Motors is moving forward with a new strategy that promises to simplify and lower the...
How to solve customer experience challenges and simplify operations – Barb...
The retail automotive industry has been tasked with meeting today's rising consumer expectations and demands. As dealers adapt successfully, CDK Global has launched a...
Bergstrom Automotive to acquire Broadway Automotive in Wisconsin
Bergstrom Automotive is set to acquire Broadway Automotive, a dealership group serving the Green Bay market in Wisconsin.
The new acquisition will give Bergstrom Automotive...
VinFast’s market cap overtakes Ford and GM after SPAC merger
VinFast, a Vietnamese manufacturer of EVs, made an extraordinary debut on the Nasdaq stock market on August 15. Shares of the automaker, which went...
Ford taps ex-Apple exec to head software, hardware development
Ford has hired Apple's ex-vice president of services, Peter Stern, to lead the development of new technologies and services that improve the customer experience.
Stern,...
Stellantis invests more than $100 million in California lithium project
Stellantis revealed its' investing more than $100 million into California's Controlled Thermal Resources, its latest bet on the direct lithium extraction (DLE) sector amid...
Used car dealers accelerating acquisitions with private listing platforms — Jennifer...
As consumers hold onto their vehicles for longer periods of time, used car dealers are looking for alternatives to trade-ins and auctions to keep...
How to effectively follow up without endangering the sale – Matt...
It can be exciting when a sales representative gets a call from a lead or potential customer, but what happens during that call, can...