Tag: automotive industry trends
John Bergstrom on EVs, OEM relations, building an outstanding company culture,...
What do you get when you combine world-class company culture with 39 new car dealerships? Well, you end up with a remarkable dealer group...
Tapping into the commercial vehicle segment — Kathryn Schifferle | Work...
The automotive industry has experienced notable shifts in car buying behavior over the last five years, even in the commercial vehicle segment. Since 2022,...
From online to in-store: creating a seamless dealership customer experience
Rapid digitalization during the pandemic has made a lasting impact on the way customers shop for vehicles.
According to S&P Global Mobility's latest Vehicle Buyer...
New partnership to build AI-powered semiconductors for automotive sector
South Korean tech startup BOS Semiconductors has formed a partnership with U.S. artificial intelligence hardware company Tenstorrent to develop semiconductors for use in vehicles...
BMW breaks quarterly electric vehicles sales record
BMW broke its previous electric vehicle sales record in the U.S. as overall sales rose 8% year-over-year during the third quarter.
From July through September,...
The four phases of every good sales strategy — Sean Gardner...
Despite drastic transformations in the way vehicles are sold, a car buyer's business is still won more often through sales strategy rather than competitive...
Reducing friction between online and in-store car buying experiences — Courtney...
In the fast-paced world of automotive sales, dealers and their trusted business partners are constantly striving for ways to bridge gaps in the digital...
Used car prices rise in September, balance out in Q3
Used car prices held steady in the third quarter after dropping rapidly in the second, according to Cox Automotive's latest Manheim report.
Rising values in...
Shift Technologies stops used-car sales, announces bankruptcy plan
Online used-car dealer Shift Technologies is closing operations and filing for Chapter 11 bankruptcy, according to a company press release.
Founded in 2014, California-based Shift...
Make Q4 count: how dealers are using tech to boost new...
As the automotive industry enters the fourth quarter, dealers are forming new strategies to navigate the ever-evolving landscapes of new car sales, particularly in...
