Tag: automotive industry trends
Why you should revisit your talent acquisition process in 2024 —...
Dealership methods of talent acquisition and retention have become increasingly outdated, not only in how retailers identify candidates but also in how they keep...
Tesla boosts pay after UAW ramps up unionization efforts
Tesla will boost worker pay across the U.S. in an effort to keep wages competitive with market norms, several months after the United Auto...
Hertz reduces EV fleet by 20,000 vehicles, blames Tesla
The well-known rental car company Hertz Global Holdings announced that it would sell around one-third of its EV fleet since it depreciated faster than...
UAW hits second unionization milestone at Mercedes-Benz plant
The United Auto Workers (UAW) union says it has obtained union authorization cards from over 30% of Mercedes-Benz's Alabama manufacturing employees, marking another milestone...
Strategies to prepare your dealership for 2024 — Adam Arens |...
Things have changed in the dealership over the last four years. Keeping up with these shifts is crucial, not only to determine how far...
Top automotive innovations announced at CES 2024
Welcome back to the latest episode of The Future of Automotive on CBT News, where we put recent automotive and mobility news into the...
Car manufacturers share cautious expectations on 2024 automotive market
Sentiments toward the automotive market shifted among dealers, manufacturers, and other industry insiders in accounting and professional services conglomerate KPMG's latest Global Automotive Executive...
New car prices dip in December as buyer’s market returns
New car prices continued to fall in December as the automotive market remains on track to hit pre-pandemic norms in the near future.
According to...
What to expect from the 2024 dealership buy-sell market — Erin...
As the retail automotive sector has adjusted to new technologies, government policies, and consumer preferences, so too has the dealership buy-sell market. Although the...
Dealership marketing headwinds and the solutions to beat them — Brooke...
Dealership marketing strategies must be frequently tuned to maintain their effectiveness, lest consumer preferences and technological advances make them obsolete. As the retail automotive...