Tag: automotive industry trends
EV tax credit rules in effect, more than 20 models lose...
New domestic sourcing requirements for electric vehicle batteries are now in effect following their reveal by the Treasury Department in the fourth quarter of...
BYD beats Tesla EV sales in Q4 for first time, but...
Chinese electric vehicle maker BYD surpassed Tesla in both production and sales for the second consecutive year in 2023, as the two companies compete...
The 2024 automotive landscape: 5 trends all dealers should watch —...
With 2023 in the rearview mirror, it is time for car dealers to review the automotive landscape so they can enter the New Year...
Opinion | The EV slowdown: a reality check amidst the hype...
You’ve undoubtedly heard that Ford, the colossus of the car world, is slashing its F150 Lightning production in half due to slowing demand. GM and...
Redefining service excellence: key benchmarks for the future
Remember the days when the service department felt like an afterthought? In the early stages of your career, you noticed it tucked away, overshadowed...
Crafting effective marketing campaigns for modern dealerships — Dave Spannhake
Dealers know they need effective marketing campaigns to grow their businesses. But with a rapidly evolving arsenal of tools at their personal and a...
Steve Greenfield’s 9 predictions for the future of automotive in 2024
Welcome back to the latest episode of The Future of Automotive, with Steve Greenfield, Founder and CEO of Automotive Ventures, where we put recent automotive and mobility...
The role of empathy in automotive sales: Understanding customer needs for...
In the automotive sales landscape, empathy holds significant importance. It involves grasping and relating to others' emotions and perspectives. In this industry, empathizing means...
The importance of proper “hygiene” when using customer data platforms —...
Customer data platforms (CDP) have quickly become an important part of automotive retailing, with the number of storefronts using this crucial technology growing on...
Integrating technology and human touch in car sales: Striking the balance...
Technology is changing how consumers shop for and buy cars. Yet chatbots, virtual reality applications, and artificial intelligence haven’t eliminated the need for human...