Tag: automotive industry
Ford vows to keep AM radio on 2024 models after hearing...
Ford is bringing back its AM broadcasting radio feature in its EVs in 2024 due to public safety concerns.Â
CEO Jim Farley said on Twitter...
Judge tosses out lawsuit targeting Musk’s Twitter buyout
A judge has denied a shareholder-led lawsuit targeting Tesla CEO Elon Musk over his handling of last year's Twitter buyout.
The class-action suit alleged that...
Hybrids continue to rule the EV market — KBB report
According to the Kelley Blue Book Brand Watch study for the first quarter of 2023, hybrid vehicles continue to be more popular among vehicle...
Dealer charges drivers by minute to use new EV charging stations
A Michigan dealership has adopted a payment system making electric vehicle charging more expensive for local drivers.
Initially, Williams Hyundai of Lansing, Michigan, charged customers...
Dealership valuation trends: Has it become more difficult to sell? —...
Dealership valuations have become challenging to decipher in the post-COVID economy. On this episode of Inside Automotive, CBT News anchor Jim Fitzpatrick is joined...
Ford announces several new deals with lithium suppliers
Ford has revealed multiple agreements with lithium suppliers which it says will allow for a massive increase in electric vehicle production.
Five partners were named...
Why your dealership should prioritize these 3 important marketing areas —...
Effective marketing strategies are critical to your bottom line, but in today's ever-changing environment, you may find it hard to keep up. On today's...
Car sales tips: The most effective ways to simplify closing the...
Endless time with a customer hopefully leads to one thing, closing the deal. But, often this essential task gets treated as an afterthought. Or...
Toyota warns against full-scale electrification, says hybrids still needed
Toyota executives are urging other automakers to continue developing hybrid and alternative-fueled vehicles, citing concerns that the industry's rush toward electrification is unsustainable.
Ahead of...
Annapolis Subaru donates $50,000 to Hope For The Warriors non-profit
Maryland-based Annapolis Subaru donated $50,000 to Hope For The Warriors to support veterans and their family members.
The dealership is a frequent donor and, in...