Tag: automotive industry
Tesla slashes Model Y, Model 3 prices again prior to Q1...
For the sixth time this year, Tesla cuts the costs of certain of its Model Y and Model 3 vehicles in the U.S. in...
How far into 2023 will used car prices stay inflated? —...
As used car prices remain well above industry norms, more and more dealers are asking how long the trend will last. On this episode...
How ChatGPT is transforming the way dealers manage everyday tasks
How ChatGPT is transforming the way dealers manage everyday tasks
Most of us have become familiar with ChatGPT, the chatbot that has swept through the...
New Nautilus SUV from Lincoln promises a ‘multi-sensory’ driving experience
On April 17, Ford's luxury brand, Lincoln, unveiled a new version of its Nautilus SUV to be shipped from China to the U.S. starting...
Biden recognizes key partners Uber, Walmart, NADA in next round of...
According to a statement made on April 17, the Biden administration has agreed to a fresh round of public and private pledges to increase...
New Volkswagen ID.7 will be crucial to company’s long-term EV vision
On April 17, Volkswagen revealed a new, electric sedan that, when it hits the U.S. market in 2024, will feature a top-level trim with...
Surprising shifts in new and used pricing, sales, inventory seen in...
March proved to be an eventful month for the auto industry as the pricing, inventory and sales dynamics surrounding new and used vehicles changed.
Average...
How this underrated employee benefit is helping dealers shrink turnover
When speaking with people about their personal and business finances I find much of an individual’s stress is caused by the unknown. As the...
Investment firm foresees financial struggles for Rivian, cuts price target by...
Piper Sandler believes that in order to compete with Tesla, Rivian, an EV manufacturer, must address finance issues.
On Thursday, April 13, the company lowered...
Lucid sales and manufacturing stumble in Q1, brand recognition an issue
Electric vehicle brand Lucid revealed its quarterly production and sales numbers, shedding light on the automaker's struggle to build a following.
On Thursday, the automaker...
