Tag: automotive industry insights
North American automotive industry faces turmoil amid Trump’s tariff threats
President-elect Donald Trump's proposal to impose a 25% tariff on Canadian and Mexican imports could have devastating consequences, no matter how short-lived they may...
Mastering the art of dealership buy-sells with Andy Gill
Are you thinking about selling or buying a dealership soon? The right partner can make all the difference. In today’s Driving Solutions, we’re joined by Andy...
GM recalls over 132,000 trucks due to a tailgate malfunction
General Motors (GM) has announced the recall of more than 132,000 trucks equipped with power-unlatching tailgates due to a potential safety hazard, according to...
John Elkann takes lead at Stellantis after Tavares exit
Stellantis CEO Carlos Tavares' sudden resignation has sent shockwaves through the automotive industry. This departure is especially surprising since Tavares had only recently announced...
Hyundai and Kia shatter November sales records with EV lineup gains
Hyundai and Kia achieved record-breaking U.S. sales in November, driven by strong demand for electric vehicles (EVs), hybrids, and crossovers. The automakers' continued focus...
Erin Kerrigan highlights key trends in the buy-sell market for 2024
The automotive buy-sell market is poised for another record year, with over 300 transactions representing more than 500 franchises completed through Q3 2024. In...
CFO Ma’s sudden departure complicates Nissan’s road to recovery
Nissan Motor's CFO, Stephen Ma, is stepping down amid a series of executive changes, marking another challenge for the automaker as it struggles to...
Sean Johnson sees hurdles for Scout Motors’ direct-to-consumer plan
Scout Motors' decision to bypass dealerships and sell directly to consumers has sparked frustration among Volkswagen, Porsche, and Audi dealers, who view it as a...
Ryan Kerrigan, Michael Dunne consider if U.S. auto market is ready...
Previously aired October 31, 2024
Chinese automakers are rapidly expanding, leaving dealers to question whether this poses a threat or an opportunity for the U.S....
Vehicle sales surge as consumer confidence hits new heights
According to new data from Cox Automotive, the U.S. auto market is closing 2024 on a strong note. November sales maintained a seasonally adjusted...