Tag: automotive industry news
Mercedes-Benz reverts to region-based dealer support after restructuring challenges
Mercedes-Benz USA is reversing part of its 2022 restructuring plan due to dealer dissatisfaction and declining sales.
The company plans to transition back to a...
Volkswagen’s 13-hour negotiations fail; strike looms over Christmas
Volkswagen’s management and labor representatives are set to resume high-stakes negotiations today following a lengthy 13-hour session on Monday that failed to yield an...
New vehicle affordability declines in November, but still better than 2023
According to the latest Cox Automotive/Moody's Analytics Vehicle Affordability Index data, new vehicle affordability declined slightly in November. Despite factors that should increase affordability,...
Maximizing marketing ROI: How dealers can align strategies for better results...
As dealerships look ahead to 2025, aligning marketing strategies with measurable outcomes has never been more critical. In today’s episode of Inside Automotive, Durran...
John Allen shares leadership secrets for automotive success and personal growth
On today's episode of Training Camp, Adam Marburger, a black belt in Brazilian Jiu-Jitsu and F&I, welcomes automotive leader John Allen, General Manager and...
Study reveals strong loyalty among EV owners: 92% say they would...
Electric vehicle (EV) adoption is on the rise, and while overall sales may fluctuate, one trend remains clear: EV owners are incredibly loyal to...
Italy hopes for new beginning with Stellantis after Tavares exit
The departure of Carlos Tavares from Stellantis in early December has opened the door for the Italian government to reconcile its relationship with the...
DOE grants $1.25B loan to EVgo for 7,500 new EV chargers...
In a significant move to accelerate the adoption of electric vehicles (EVs), the U.S. Department of Energy (DOE) has approved a $1.25 billion loan...
How marketing and sales can drive synergy at your dealership –...
In the latest episode of Marketing Matters with Colin Carrasquillo, Digital Marketing Director of the Nielsen Automotive Group, we explore the divide between two...
Toyota gears up for electric SUV with additional $922M investment in...
Toyota has announced a massive investment in its Georgetown, Kentucky plant, committing nearly $1 billion to prepare for its first three-row electric SUV. The...