Tag: automotive industry trends
What can conversational AI achieve for your dealership? — Cole Kutschinski...
Conversational artificial intelligence (AI) is a new and swiftly evolving tool that can speed up the sales process and improve customer retention within the...
Elon Musk’s Neuralink achieves a major medical milestone
Welcome back to the latest episode of The Future of Automotive on CBT News, where we put recent automotive and mobility news into the...
Weekly roundup: Ford averts UAW strike, Fisker expands dealer network, Cruise...
Earlier this week: Ford narrowly averted a UAW strike at its Kentucky Truck Plant by reaching a tentative agreement. A ratification vote is pending...
UAW to spend $40 million on unionization campaign over next 2...
The United Auto Workers (UAW) union is now committed to spending $40 million on its labor organization campaign, which is currently underway at non-union...
Electric vehicle startups post mixed Q4 earnings results
Three electric vehicle startups, Lucid, Rivian, and VinFast, posted their fourth-quarter results this week amidst a backdrop of souring forecasts on the battery-powered car...
Understanding the latest dealership marketing trends — April Simmons | Horne...
Dealership marketing trends have evolved rapidly in recent years as consumer preferences and industry conditions have changed. With so much to keep track of,...
How the car market is adjusting to interest rates and inflation...
In 2023, the U.S. faced increased interest rates and rapid inflation, both of which placed heavy pressure on car buyers and retailers alike. On...
UAW strike on hold after Ford reaches tentative agreement with union
Ford has reached a tentative agreement with United Auto Workers (UAW) members at its Kentucky Truck Plant, narrowly avoiding the deadline to prevent another...
Dealership service revenue increases in January
Fixed-ops revenue and service demand ticked up in January, offsetting the impact of declining car prices seen throughout the month.
Data from Cox Automotive indicates...
How state dealer associations are tackling EV headwinds — Christine Vinatieri-Erickson
On this episode of Inside Automotive, host Jim Fitzpatrick is joined by Christine Vinatieri-Erickson, president of the South Dakota Auto Dealer Association (SDADA) and...
