Tag: automotive industry insights
VW brand CEO revealed touch controls “did a lot of damage”,...
Thomas Schäfer, CEO of the Volkswagen brand, VW, pledged to make vehicles easier for passengers and drivers, claiming touch-sensitive controls "did a lot of...
June new vehicle sales and inventory improve while profit margins shrink
J.D. Power and GlobalData forecast a monthly new vehicle sales total of over 1.38 million units this June, placing the automotive industry well ahead of its position...
Emerging trends in digital marketing and data collection for dealers —...
Customer data and digital marketing are crucial tools for running a profitable dealership. On this episode of Inside Automotive, host Jim Fitzpatrick is joined...
Different shoppers mean different customer service practices — Matt Wahnon |...
Today's car buyers are increasingly diverse and complex, which means dealers must constantly refine their customer service practices. On this episode of Inside Automotive,...
Sonic Automotive closes eight EchoPark locations to shift used-vehicle supply
Sonic Automotive, one of the largest dealership groups in the U.S., is closing eight EchoPark used-vehicle stores in response to supply and demand pressures,...
Honda recalls 1.2 million cars in the U.S. due to rear...
The National Highway Traffic Safety Administration reports that Honda is recalling 1.2 million vehicles in the U.S. because of cable problems that prevent the...
How dealers can help fix the automotive industry gender gap —...
Historically, the automotive industry has been male-dominated. Even in 2023, women make up less than 25% of all employees in car dealerships, according to...
Ford scores massive $9.2 billion loan for electric vehicle batteries
Ford has secured one of largest automotive industry subsidies in U.S. history to boost electric vehicle production, part of the Biden Administration's efforts to...
From car salesman to mega-dealer: Cuban-born Mario Murgado’s journey to unparalleled...
On today’s Executive Profile, we visited Mario Murgado, President and CEO of Murgado Automotive Group, at his brand new, state-of-the-art Cadillac dealership in Miami,...
Why some car buyers are choosing shorter auto loan terms —...
Experian's State of the Automotive Finance Market Q1 2023 has found that some new vehicle shoppers opted for shorter auto loan terms in the...
