Tag: automotive industry insights
Seven Honda and Acura models secure IIHS top safety ratings
Five Honda and two Acura models have achieved a significant milestone in vehicle safety, successfully securing top Safety Pick (TSP) ratings or better from...
Retail used-vehicle sales climb in February as inventory tightens
Retail used-vehicle sales saw a strong increase in February, with 1.57 million units sold at franchised and independent dealerships, according to Cox Automotive's vAuto...
BMW holds prices steady to protects U.S. dealers from new tariffs
BMW of North America is taking proactive steps to protect its dealers from the immediate impact of new tariffs, ensuring price stability for vehicles...
Ford CEO Jim Farley’s compensation drops due to underperformance in key...
Ford CEO Jim Farley saw his total compensation decline by 6.1% in 2024, totaling $24.9 million. According to the automaker's 2025 proxy statement published...
Tax refunds and bonuses boost new-vehicle sales
In early March, the U.S. auto market showed signs of optimism despite ongoing consumer concerns. Sales of new vehicles surged, buoyed by the influx...
Dealer sentiment improves in Q1 2025, but market still viewed as...
Despite weaker profits and growing costs, optimism is growing among U.S. auto dealers. The Q1 2025 Cox Automotive Dealer Sentiment Index (CADSI) reveals a...
Master service retention and keep customers coming back – Tully Williams...
Customer retention is the backbone of dealership profitability, but how do service departments ensure repeat and referral business? According to Tully Williams, fixed operations...
Build successful teams through the power of consequences
The most skillful and effective leaders don't shy away from holding their teams accountable. One of the most impactful ways to do so is...
Kia releases more EV4 details, confirms U.S. launch in late 2025
Kia confirmed that its new compact electric sedan, the EV4, will be coming to the U.S. market in late 2025. It's designed to compete...
GM resubmits industrial bank application amid regulatory concerns
General Motors (GM) has once again applied to establish an industrial bank, resubmitting its application with the Federal Deposit Insurance Corp. (FDIC) in late...
