Tag: automotive industry trends
Panasonic cuts electric vehicle battery production amidst demand fears
Japanese tech manufacturer and Tesla supplier Panasonic has reduced electric vehicle battery production, sparking fears of an electric vehicle slowdown.
In its earnings report released...
Merchandising vehicles through story — Nathan Fox | Cox Automotive
Merchandising is a crucial component of any retail operation, especially in the age of digital commerce, where customers often have little to no access...
How dealers can better utilize the technology in their stores – Kevin...
Today's dealers are faced with perplexing operational challenges, yet technology remains the one factor that has managed to bridge the "perfect storm" of artificial...
How are consumer preferences changing in response to digital retailing? —...
Consumer preferences have evolved rapidly in the retail automotive sector, completely changing how cars are shopped and sold in the last three years alone....
General Motors establishes tentative deal with UAW
General Motors reached a tentative deal with United Auto Workers leaders early Monday morning, signaling the end of the union's six-week strike against Detroit...
Stellantis strikes second United Auto Workers deal
Stellantis became the second Big-Three manufacturer to reach a tentative deal with the United Auto Workers union over the weekend, ending more than 40...
Exploring the evolution of data in automotive marketing — Aaron Sheeks...
Recently, at the 2023 Digital Dealer conference in Las Vegas, CBT News anchor Jim Fitzpatrick spoke with Aaron Sheeks, the Chief Executive Officer for PureCars. The pair...
How to modernize your dealership’s marketing technology — John Campos &...
The modern economy is a complex system that requires retailers to be well-versed in marketing technology and data collection. This is especially true for...
Ford earnings underwhelm analysts, automaker postpones EV investments
Ford on Thursday retracted its full-year earnings guidance after posting an underwhelming third-quarter report. The announcement came on the same day company executives reached...
Dealer groups show resilience in Q3 despite profitability pressures
Dealership groups across the U.S. broke multiple performance records in the third quarter, highlighting retail automotive's unanticipated resilience in the post-pandemic era.
Lithia & Driveway...