Tag: automotive industry news
Dealer Controlled Leasing: The next great profit opportunity
Are you a dealership owner looking to maximize your profits while streamlining your operations? If so, Dealer Controlled Leasing (DCL) might be the game-changer...
The four phases of every good sales strategy — Sean Gardner...
Despite drastic transformations in the way vehicles are sold, a car buyer's business is still won more often through sales strategy rather than competitive...
Reducing friction between online and in-store car buying experiences — Courtney...
In the fast-paced world of automotive sales, dealers and their trusted business partners are constantly striving for ways to bridge gaps in the digital...
Used car prices rise in September, balance out in Q3
Used car prices held steady in the third quarter after dropping rapidly in the second, according to Cox Automotive's latest Manheim report.
Rising values in...
Shift Technologies stops used-car sales, announces bankruptcy plan
Online used-car dealer Shift Technologies is closing operations and filing for Chapter 11 bankruptcy, according to a company press release.
Founded in 2014, California-based Shift...
Make Q4 count: how dealers are using tech to boost new...
As the automotive industry enters the fourth quarter, dealers are forming new strategies to navigate the ever-evolving landscapes of new car sales, particularly in...
United Auto Workers scores “transformative win” at GM, delays further strikes
United Auto Workers president Shawn Fain took to social media on Friday afternoon to announce major updates in the union's negotiations with Detroit-Three automakers.
Similar...
New car supply holds steady at Detroit-Three, despite UAW strike
New car supply improved in September, defying concerns that the ongoing United Auto Workers strike would constrain inventory before the fourth quarter.
According to Cox...
Tesla lowers Model 3/Y prices in the U.S. to fulfill delivery...
Tesla is slashing the prices of its Model 3 compact sedan and Model Y SUV in the U.S., intensifying its price war only days...
Weekly roundup: UAW talks intensify, U.S. auto sales hold steady, Ford...
Earlier this week: The Detroit-Three and the United Auto Workers union have ramped up their contract negotiations, as reported by sources and further confirmed...