Tag: automotive industry trends
Do car buyers take online price ratings seriously?
Whether used car managers like it or not, the car price rating systems on websites like CarGurus and Cars.com are meant to be a...
Dealers to get pre-approvals, instant transfers for electric vehicle tax credits
The U.S. Treasury Department has announced upcoming revisions to its electric vehicle tax credit guidelines that will add new ways for dealers to collect...
United Auto Workers makes progress in Ford, GM, Stellantis talks
The United Auto Workers (UAW) union has submitted a counterproposal to Ford after rejecting the automaker's initial offer over the Labor Day weekend.
The proposal...
Lordstown Motors moves to exclude Foxconn from bankruptcy payout
Electric vehicle brand Lordstown Motors is seeking to preempt former business partner and Taiwanese tech manufacturer Foxconn from earning profits through the sale of...
Car market update: customer pain points and inventory instability — Jessica...
Dealers across the U.S. are doing their best to keep up as the new car market heads in unpredictable directions. But with both external...
Ford sales rise 2% on electric vehicle sales, Mach-E breaks record
Ford sales rose 2% from in August thanks to a strong electric vehicle lineup, which helped counteract stagnating demand for new cars.
The automaker sold...
General Motors manufacturing chief shares concerns over UAW demands
In a video statement published August 5, General Motors global manufacturing chief Gerald Johnson expressed concerns over the United Auto Workers (UAW) union's demands...
Asbury Automotive looking to acquire Jim Koons Automotive
Asbury Automotive is "in discussions" with Jim Koons Automotive to acquire the dealership group's 20 storefronts, according to Automotive News who broke the story on...
Bloomberg’s Kevin Tynan on Monterey Car Week, EV trends, and UAW...
On this episode of Inside Automotive, anchor Shyann Malone sits down with Kevin Tynan, senior automotive analyst for Bloomberg Intelligence, to dive into the...
Digital data strategies for the future of automotive e-commerce
Digital data plays an increasingly crucial role in providing the best customer experience possible. However, with many dealerships still lacking a formal digital marketing...
