Tag: automotive industry trends

AUSTIN, Texas – March 26, 2024 Due to friction created between the various technologies used by original equipment manufacturers (OEMs) and franchise dealers, consumers...

As the auto industry begins to stabilize, dealers and OEMs face a new set of challenges. Slowly rising inventory levels, declining margins, brittle supply...

Chinese automaker BYD has launched a new version of its Seagull electric vehicle that costs less than $10,000, presenting a challenge to automakers that...

Nissan's new "Arc" mid-term growth strategy calls for an additional 1 million units in annual sales and for cutting electric vehicle manufacturing expenses by...

Negative equity in the used vehicle market grew in the final months of 2023, underscoring normalizing trends in the preowned segment. Edmunds noted high levels...

Welcome to another episode of Women Driving the Industry, a show where leaders from across the automotive landscape discuss their professional experiences and shed...

Mobile service is becoming increasingly essential to meet consumer preferences on the convenience and accessibility of repair or maintenance. While implementing such a model...

With the rapid onslaught of innovation, technological advancement, and shifts in consumer preferences, dealerships must work harder than ever to stay on top of...

Volkswagen's Cupra brand will make its U.S. debut by the end of the decade, according to an announcement from Wayne Griffiths, CEO of both...

In March 2024, new car sales are poised to make a big leap. Analysts forecast 1,525,700 units sold, a 12.1% increase from the previous...