Tag: automotive industry trends
From Cyberattacks to Natural Disasters: A Guide for Car Dealer Preparedness
Nearly half of all new car dealerships in the U.S. have just endured the CDK Global shutdown, highlighting the critical need for robust emergency...
Navigating the aftermath: CDK Global’s outage and its impact on dealers...
The recent CDK Global outage has sent shockwaves through the automotive industry, forcing dealerships to adapt quickly and find innovative ways to continue operations....
CDK Global’s blackout: Analyzing the ripple effects on the automotive industry...
In the aftermath of CDK Global's unexpected shutdown, dealerships nationwide are bracing for a prolonged period of disruption. As we delve into the consequences...
The future of the agency model in automotive sales: Planning for what’s ahead
Henry Ford introduced the franchise dealer model in 1914, and it’s been a stable and secure part of our industry. However, recently, a buzzword gaining traction...
CDK Global CEO promises financial compensation after cyberattacks
In a letter sent to over 15,000 dealerships yesterday, CEO Brian MacDonald acknowledged the challenges posed by CDK's cyberattacks and assured dealerships of forthcoming...
BMW iX tops Consumer Reports’ best EV list, only one Tesla...
Consumer Reports tested around 50 electric vehicles (EVs) this year, evaluating their performance, range, comfort, and quality. Of these, only 14 made the final...
Keating Automotive Group grapples with Hurricane Beryl’s aftermath and cyberattack disruptions
The 2024 hurricane season has begun with Hurricane Beryl, which has already caused significant damage and fatalities in Texas, Grenada, Venezuela, and nearby areas....
Navigating vehicle affordability and market trends with Dennis Gingrich
As prices continue to rise, vehicle affordability is a pressing concern for many consumers and dealers. In today's episode of Inside Automotive, we’re joined...
Counterfeit Crisis: Ferrari’s battle against fake cars and merchandise
Welcome back to the latest episode of The Future of Automotive on CBT News, where we put recent automotive and mobility news into the...
Weekly roundup: Biden awards $1.1B for EV plant conversions, IBAT hits...
Earlier this week: The Biden Administration awarded $1.1 billion in grants to GM and Stellantis for EV plant conversions. IBAT made a significant breakthrough...