Tag: automotive industry
Going beyond: how to overcome the challenges facing your dealership today
Automotive retail is and always has been a complex business. Selling a car is one of the most complicated transactions out there, increasingly so...
How technology is refining the used vehicle appraisal process
The used vehicle landscape has undergone extreme fluctuations over the last few years, making it difficult for both dealers and customers to navigate the...
Why data is key to digital marketing efficiency — Mike Wethington...
Digital marketing strategies have become a crucial component of running a successful dealership, often meaning the difference between success and failure in today's technologically...
Lincoln looks to buyout 100 dealerships in 2024
Luxury car manufacturer Lincoln plans to close up to 100 dealerships in 2024 in a continuation of its efforts to extract itself from unsuccessful...
GM, Honda set to start production at hydrogen fuel cell plant
On January 25, Honda and General Motors announced their joint venture, Fuel Cell System Manufacturing (FCSM), had begun producing hydrogen fuel cells for commercial...
Tesla recalls 2023 Model X, S, Y over rearview camera software...
Tesla is set to recall roughly 200,000 vehicles in the U.S. to patch out a software error that could limit driver visibility.
According to the...
Simplifying the management process for car dealers — Greg Uland |...
Car dealers are faced with a multitude of unenviable challenges in 2024, ranging from uncertainty over profit margins to decreasing loyalty among consumers. More...
What dealers must know about the CARS rule — Rusty West...
The Federal Trade Commission's (FTC) Combatting Auto Retail Scams policy, better known as the CARS rule, aims to make the car buying process more...
How automotive dealerships can save money with battery energy storage
Automotive dealerships must prioritize upgrading their electric infrastructure to support the anticipated increase in electric vehicle (EV) sales, projected to reach 2.5 million per...
Tesla Q4 earnings plunge 40% despite revenue, sales gains
Electric vehicle brand Tesla reported a steep decline in fourth-quarter profits against a 3.5% increase in revenue over the same period, missing analyst forecasts...