Tag: automotive industry trends
California DMV to investigate Cruise, self-driving taxis after traffic incidents
The California Department of Motor Vehicles (DMV) is conducting an investigation into self-driving vehicles operated by Cruise, a robotaxi brand owned by General Motors.
Although...
Dealership training: how to provide a consistent customer experience — Sarah...
Training plays a critical role in the success of dealership staff and, in turn, the customer experience. Yet far too often dealers struggle to...
EV credits – Are they worth it?
“Cash back” always sounds like a good deal, right? You might even have bought one or two things in your life that you did...
Ford F-150 Lightning beats out Tesla Cybertruck in Cox Auto study
The Ford F-150 Lightning sees more interest from buyers than any other electric pickups on the market, according to Cox Automotive.
Ford has seen relatively...
UAW strike could affect dealers, cause industry losses of $5 billion
A 10-day UAW strike (United Auto Workers) could result in a loss of $5 billion, affecting nearly every sector of the automotive industry, including...
VinCue snags Series B funding round with participation from Holman, Automotive...
Welcome to another edition of The Future of Automotive, with Steve Greenfield, Founder, and CEO of Automotive Ventures, where I put recent automotive and...
Bergstrom Automotive to acquire Broadway Automotive in Wisconsin
Bergstrom Automotive is set to acquire Broadway Automotive, a dealership group serving the Green Bay market in Wisconsin.
The new acquisition will give Bergstrom Automotive...
Ford taps ex-Apple exec to head software, hardware development
Ford has hired Apple's ex-vice president of services, Peter Stern, to lead the development of new technologies and services that improve the customer experience.
Stern,...
Used car dealers accelerating acquisitions with private listing platforms — Jennifer...
As consumers hold onto their vehicles for longer periods of time, used car dealers are looking for alternatives to trade-ins and auctions to keep...
Opinion | We need to address declining brand loyalty in the...
The latest results from the 27th annual Automotive Loyalty Awards by S&P Global Mobility present a concerning trend for traditional automakers. Brand loyalty has steadily dropped,...
