Tag: automotive industry trends
Judge refuses to dismiss class action lawsuit targeting Tesla insurance arm
A California judge on Monday refused to dismiss a lawsuit targeting Tesla and its insurance arm, setting the company up for a difficult legal...
Top 3 sales strategies to drive holiday traffic to your dealership...
The holiday season is in full swing, meaning now is the time for dealers to implement the right sales strategies and drive traffic to...
M&A roundup: dealerships change hands in Virginia, California, Ohio and more
The most recent Q3 2023 Haig Report from buy/sell firm Haig Partners, highlights the robust demand for car dealerships. According to the report, 2023...
GM, Tesla react to Biden Admin’s new EV tax credit rules
Last week, the Biden Administration announced new electric vehicle tax credit guidelines, causing U.S. automakers to re-evaluate which models will qualify for the government's...
Honda scores November sales win but faces mounting regulatory pressure
While Honda and its subsidiary Acura continued to see strong U.S. sales in November thanks to sustained demand and an improving international supply chain,...
The transformative role of AI in dealerships and the broader automotive...
Welcome back to the latest episode of The Future of Automotive, with Steve Greenfield, Founder and CEO of Automotive Ventures, where we put recent...
UAW launches ambitious campaign to unionize non-Detroit automakers
The United Auto Workers (UAW) union has announced a bold initiative to organize 13 non-union automakers operating in the United States. This announcement comes...
Future of EV sales: direct-to-consumer vs franchise dealers — Matt VanDyke...
In recent years, the retail automotive industry has seen dramatic changes in the ways consumers shop for and purchase electric vehicles (EVs), challenging the...
First-party data: a marketing goldmine for dealers
Macroeconomic and industry-specific challenges continue to impact how dealers do business. From inflationary pressures and rising interest rates to vehicle inventory challenges, fluctuating prices,...
3,882 dealers nationwide challenge Biden on EV regulations in open letter
Nearly 4,000 dealers across the United States have collectively penned an open letter to President Biden, expressing their concern over the proposed emissions standards...
