Tag: automotive industry
BMW sales rise in Q1 thanks to strong EV performance
BMW sales rose slightly in the first quarter thanks to a surge in electric vehicle demand, fueling optimistic expectations for the remainder of the...
Tesla settles Autopilot lawsuit over 2018 crash that killed Apple engineer
Tesla has settled a highly publicized lawsuit over the death of Apple engineer Walter Huang, who crashed his Model X while using Autopilot in...
Buyers flooding the market in hopes of improved affordability
Buyers are returning to the new and used vehicle markets in hopes of finding a good deal, even as pre-pandemic levels of affordability remain...
The dos and don’ts of dealership M&A, for sellers — Sheldon...
The dealership M&A (mergers and acquisitions) sector has seen high levels of activity in recent years as the retail automotive industry has adjusted to...
How sales teams can outperform the competition and close more deals...
Inventory management is no longer a major issue for many dealerships. Therefore, one key factor in achieving success today is the ability to outperform...
Tesla sets date for robotaxi debut following Model 2 cancellation claims
Tesla is building a robotaxi, according to company CEO Elon Musk.
The self-driving vehicle will apparently make its debut this August, according to a short...
Used vehicle prices dip again in March amidst sales surge
Used vehicle prices at auction were stable month-over-month in March but declined sharply from last year, following months of normalizing inventory levels in both...
Toyota oversees Daihatsu model certification amid cheating scandal
On April 8, the president of Daihatsu, Masahiro Inoue, announced that Toyota would supervise model certification at its subsidiary in an effort to regain...
Simple strategies to lead your dealership employees through change
Adapting to change is a considerable task, one that often leaves dealership leaders at a loss. However, by focusing on the right things, even...
Stellantis CEO calls for lighter electric vehicles amidst hybrid surge
Stellantis CEO Carlos Tavares is calling for lighter electric vehicles as the industry grapples with massive materials costs in current-generation battery technology.
Speaking at the...