Tag: automotive industry trends
What Q2’s auto loan trends mean for the months ahead —...
Auto loan delinquencies have steadily risen throughout the year, giving many financing and insurance specialists the impression that car buyers are struggling to navigate...
Entrepreneurial endurance tested: navigating today’s economic climate
Welcome to another edition of The Future of Automotive, with Steve Greenfield, Founder and CEO of Automotive Ventures, where I put recent automotive and...
American Honda sales rise more than 30% in October
American Honda saw sales rise throughout the month of October thanks to improved inventory and stable demand.
The automaker reported total sales of 108,088 units,...
Dealer registration opens for electric vehicle tax credit transfer
Dealers can now obtain direct access to consumer electric vehicle tax credits thanks to a new website launched this Wednesday by the IRS.
By registering...
Dealership technology and the future of automotive commerce — Steve Roessler...
Dealership technology is often outdated and used incorrectly, putting many retailers behind the curve on digital retail. However, with consumers conducting more and more...
Hyundai ekes out year-over-year victory in U.S., posts strong EV sales
Hyundai Motor America continued to see stronger year-over-year sales in October, according to its monthly sales report published Wednesday.
The South Korean brand recorded sales...
Toyota announces EV investments, higher profit and pay raises after Q3...
Toyota delivered several updates in the wake of its third-quarter report, highlighting the speed with which the brand has recovered from its post-pandemic inventory...
How payment estimates impact the customer experience — Paul Appelbaum |...
Inaccurate payment estimates are one of the biggest pain points for car buyers, sometimes ruining the dealership experience for consumers. Unfortunately, many dealers rely...
Simplifying the automotive industry toolkit — Brian MacDonald | CDK Global
The automotive industry has spent the last few years navigating a tumultuous economy and volatile car market. With the post-pandemic era introducing even more...
Stellantis scores third quarter wins but fumbles U.S. market
Stellantis continued to project strength throughout the third quarter as global sales and revenues improved but was hindered by labor strikes and worsening demand...