Tag: automotive industry trends
Fisker raises $150 million, builds 5,000th electric vehicle
Luxury electric vehicle brand Fisker raised an additional $150 million in funding from an existing investor as it celebrates the production of its 5,000th...
The power of partnerships in dealership mergers and acquisitions — Troy...
The retail automotive mergers and acquisitions market has started to accelerate as dealership groups and individual storefronts look to take advantage of a stronger...
Trump joins United Auto Workers strike, criticizes electric vehicle push
Donald Trump criticized the Biden Administration during his visit to a United Auto Workers strike and told union members that negotiations with car manufacturers...
Subaru dealership donates school supplies to Pennsylvania teachers
A Pennsylvania Subaru dealership has donated school supplies to teachers at Central Mountain High School in partnership with AdoptAClassroom.org.
As reported in The Express, the...
President Biden makes historical appearance at United Auto Workers strike
President Biden visited a United Auto Workers picket line in Detroit on Tuesday, joining union members as the strike nears two full weeks.
During the...
AutoNation starts bidding war for U.K.’s Pendragon
AutoNation is now looking to purchase the U.K.-based Pendragon automotive group, offering the company $544 million on Tuesday.
The move has kicked off a bidding...
The power of personalization: addressing digital retail gaps — Greta Crowley...
Research shows that car buyers who use digital retail to complete part of the purchase process online are the most satisfied with their shopping...
Consumers buying older used vehicles to offset price increases
Consumers are intentionally purchasing older used vehicles as inventory challenges and economic pressures force a change in spending habits.
Automotive research platform iSeeCars.com reports that...
Kia plays it safe with 2024 Niro electric vehicle, announces price,...
Kia has announced familiar pricing and range details for its newest electric vehicle, the 2024 Niro crossover.
When it releases this fall, the electric vehicle will...
7 strategies for dealerships to enhance customer satisfaction
In the auto industry's competitive landscape, dealerships must prioritize customer satisfaction to achieve success. Satisfying customers acts as fuel, driving growth and profitability for...
