Tag: automotive industry trends
Honda teases redesigned Civic, hybrid powertrain coming summer 2024
Honda has published new details and visuals for the 2025 Civic, revealing a refreshed design and new hybrid powertrain.
The hybrid model, available as a...
2023 sees big boost in car buying experience satisfaction
Consumers expressed higher levels of satisfaction with the car buying experience in 2023 than the year before, as dealers continue to accommodate evolving shopper...
Could your dealership benefit from an in-store clinic? — Melissa DeMontrond...
When most people hear the phrase in-store clinic, they typically picture some small, lonely alcove shoved into the corner of a Walmart or Publix,...
Why now is the time to revisit your dealership’s training program...
An effective and personalized training program is crucial for dealers to equip employees with the skills needed to succeed in their roles. With the...
Elon Musk seeks 25% stake in Tesla to prioritize AI and...
Tesla CEO Elon Musk is seeking to increase his ownership of the electric vehicle company to 25% as he looks to accelerate the brand's...
Automotive trends forecast: same headwinds, new buyers
Cars.com, a technology firm serving the vehicle industry, has released its 2024 Automotive Trends report, forecasting the predominant behaviors of the new and used...
How to make the data analysis process faster at your dealership...
The application of data analysis has become a requisite for modern dealers, serving to guide storefronts safely through market fluctuations and allowing retailers to...
How dealers can build lasting relationships in their communities
In the highly competitive auto retail industry, engaging with communities is not just a trendy phrase; it's an essential factor for success. Building authentic...
Volkswagen sales jump 11.8% in 2023, EV volume breaks quarterly record
The Volkswagen Group maintained an impressive recovery pace throughout 2023, ending the year up 11.8% from 2022 in terms of sales across the company's...
Tesla market valuation sheds $94 billion in first weeks of 2024
Tesla saw its market valuation shed $94 billion over the first two weeks of 2024, marking one of the sharpest share price drops in...