Tag: automotive industry news
Cox Automotive’s Marianne Johnson on AI’s growing impact in retail automotive
The buzzword for the automotive industry in 2024 and a prominent focus at the 2025 NADA Show was artificial intelligence (AI). However, AI isn't...
Dave Cantin Group announces strategic partnership with CNCDA
NEW YORK, Feb. 19, 2025 (GLOBE NEWSWIRE) -- The Dave Cantin Group (DCG), a leading mergers and acquisitions advisory company to retail automotive groups and their...
President Trump confirms 25% auto tariffs, expanding trade crackdown
Last week, President Donald Trump floated plans to impose new tariffs on automobile imports, set to take effect around April 2. Yesterday, he confirmed...
Ford delays next-gen F-150 amid market uncertainty
Detroit automaker, Ford, is planning to postpone the launch of its next-generation F-150 gasoline and hybrid trucks by a year, pushing production to April...
Ford slashes stock bonuses for middle managers in cost-cutting move
Ford is reducing stock bonuses for middle managers, with approximately half of eligible employees set to lose out on the incentive for 2024. The...
Leading with impact: Dave Anderson’s effective leadership strategies
In today's episode of CBT Now, we're joined by Dave Anderson, author, speaker, leadership expert, and president of LearnToLead, to introduce his new exclusive...
Newport Automotive Group’s Nick Jones on redefining sales tactics in the...
In today’s episode of Loyalty-Based Sales Strategies with Jen Suzuki, Nick Jones from Newport Automotive Group, representing exotic brands like Lamborghini, Bugatti, and McLaren,...
Asbury Automotive to acquire 33 dealerships from Herb Chambers Companies
Asbury Automotive Group has reached a definitive agreement to acquire 33 dealerships and three collision centers from The Herb Chambers Companies (HCC), marking one...
Tesla faces protests over Musk’s political moves amid sales decline
Tesla is facing mounting pressure both externally and internally. Protests have erupted across dozens of its North American stores, and there are signs of...
Hyundai ramps up U.S. production to qualify for federal tax credit
After failing to qualify for the federal EV tax credit, Hyundai is intensifying its efforts to regain eligibility by ramping up U.S. production and...