Tag: automotive industry insights
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...
Auto credit access improves in February, reaching highest level since 2022
In February 2025, the Dealertrack Credit Availability Index revealed an overall improvement in auto credit access, with gains across most lending channels. While new-vehicle...
Beat the price grind and master negotiations – Sean Gardner |...
Price negotiations often feel like a relentless battle for salespeople and managers. However, Sean Gardner, instructor and sales trainer at the Joe Verde Group,...
U.S. new-car dealerships increase in 2024, while franchises decline
The number of new-car dealerships in the U.S. increased by nearly 1% in 2024, reaching a total of 18,311 as of January 1, according...
Work Truck Solutions announces strategic investment from Rubicon Technology Partners
Chico, CA, March 04, 2025 (GLOBE NEWSWIRE) -- Work Truck Solutions®, a leading software provider for the commercial vehicle industry, today announced that it has...
