Tag: automotive industry trends
2024 Tesla Model 3 Performance sees price hikes, maxes out federal...
The 2024 Tesla Model 3 Performance has seen a gradual increase in price since its launch in April, underscoring the benefit of early orders....
Thinking Beyond the Bay: Creating an Inviting Environment at Your ...
In today's competitive automotive service industry, providing exceptional customer experience is paramount to success. For auto dealers, service centers, tire dealers, and quick lubes,...
GM, LG settle for $150 million to compensate Chevy Bolt EV...
General Motors (GM) and South Korea's LG Energy Solution and LG Electronics have agreed to establish a $150 million fund to compensate Chevrolet Bolt...
How dealerships can boost efficiency: A guide to marketing automation with...
Navigating the landscape of competitiveness and profitability is a perpetual challenge for managers. In this episode of Inside Automotive, we delve into strategies for...
Retail used-vehicle sales dip 7% in April, Cox automotive reports
According to estimates from vAuto Live Market View data, retail used-vehicle sales declined 7% in April compared to March. Despite this decrease, the total...
Hyundai Motor’s global EV sales decline by 3.3% in April
Hyundai Motor Company, encompassing the Hyundai and Genesis brands, reported a global vehicle sales figure of 345,840 in April 2024, marking a 3.3% decrease...
Kia offers up to $12,000 off 2024 EV6 and EV9 models,...
Kia is making waves in the electric vehicle market with unprecedented discounts of up to $12,000 on its latest 2024 EV6 and EV9 models.
The...
Automotive finance: the adverse impact of declining transparency
In my two recent articles, “From the Fax Machine, to the future: Auto Finance Disruption Time is Here,” and “Digital Finance: Consumer Expectations and...
How dealers can elevate their customer/employee experience – Brooke Furniss
As customer expectations continue to evolve, providing an exceptional experience is key to cultivating loyalty and repeat business. In this episode of Inside Automotive,...
Rivian announces additional layoffs in California amid EV market challenges
Rivian Automotive, once celebrated in the electric vehicle (EV) market, has revealed plans for further layoffs in California, signaling ongoing challenges in the industry....
