Tag: automotive industry insights
Tesla’s global deliveries rebound in Q3, but pressure mounts for strong...
Tesla's global vehicle deliveries bounced back in the third quarter of 2024, alleviating concerns on Wall Street about the company's growth trajectory. Between July...
Tully Williams on transforming service departments with same-day selling
In today’s competitive automotive landscape, dealerships are constantly searching for innovative strategies to boost performance and enhance customer satisfaction. On this episode of Inside...
automotiveMastermind enhances behavior prediction score with new machine learning tools
On October 2, 2024, automotiveMastermind, a leading data and technology provider in the automotive industry, launched significant updates to its Behavior Prediction Score (BPS)...
East and Gulf Coast port strike threatens automotive supply chain
U.S. East and Gulf Coast port workers began a strike early Tuesday, significantly impacting the automotive supply chain. With $37.8 billion in vehicle imports...
GM reports robust EV growth amid a slight Q3 sales decline.
General Motors (GM) saw a notable surge in electric vehicle (EV) sales during the third quarter of 2024, reporting a 60% year-over-year increase to...
Vance and Walz debate clean energy, manufacturing, and U.S. competitiveness in...
During Tuesday's vice presidential debate, Republican Sen. JD Vance and Democratic Gov. Tim Walz sparred over clean energy policy and manufacturing jobs, laying out...
Kia sets new record for EV sales in September, led by...
Kia continues to defy industry trends by setting a new record for electric vehicle (EV) sales in the U.S. for September, driven by the...
Used car prices drop 5% YOY amid inventory improvements– Rebecca Lindland...
As used car prices decline by 5% year-over-year, dealers and consumers alike are navigating a shifting landscape. In this episode of CBT Now, Rebecca...
Maximizing dealership profitability: The financial edge of hybrids over EVs
The automotive industry is encountering a significant shift, not necessarily due to transformative changes, but because of the challenging reality that consumers haven’t fully...
EV owners face new dangers as Hurricane Helene causes massive destruction
As Hurricane Helene swept through Florida, officials and automotive experts are urging electric vehicle (EV) owners to take extra precautions. Florida Governor Ron DeSantis...