Tag: automotive industry trends

The car market is slowly falling back into its old habits, which means more competition, increased incentives, and bigger automotive marketing budgets. But when...

Tesla plans to boost pay at its Nevada Gigafactory in 2024, becoming one of the last non-unionized automakers to increase compensation in the aftermath...

Sales of certified pre-owned (CPO) vehicles increased in November on a year-over-year basis but fell just short of October's pace as the retail automotive...

After a tumultuous year, dealers are speculating over what the New Year has in store for the retail automotive sector. Will the industry continue...

Throughout the year, dealership financing and insurance (F&I) departments have been navigating tough issues from high interest rates to increased frustrations with the car-buying...

While electric vehicle sales are still on track to grow in 2024, analysts have grown more cautious toward the segment following a disappointing year...

November was a predominantly stable month for the used vehicle market, even though sales volumes, pricing and inventory levels trended in unsatisfactory directions. According to...

Starting next year, Hyundai dealers will be able to sell vehicles through the Amazon platform with other brands set to follow. Joining us on...

 Training is a crucial component of any dealership's success, often determining the business's ability to provide competitive service and retain customers. Unfortunately, many dealers...

New vehicle supply has made a substantial recovery throughout 2023, culminating in December's initial inventory total of 2.56 million units, the highest levels seen...