Tag: automotive industry
Ford dials back Q4 earnings expectations, Hyundai profits jump 31%
Automakers Ford and Hyundai shared financial updates from the fourth quarter, offering new insights into their 2023 performance.
Ford announced that a pre-tax remeasurement loss,...
Forecasting the 2024 dealership M&A market — Farid Ahmad | DSMA
The dealership M&A (mergers and acquisitions) market has demonstrated incredible resilience in the post-pandemic economy, remaining undaunted by rising interest rates and fluctuating demand....
How a telephone system can increase your CSI score
Customer Experience (CX) is created every time a customer engages with your dealership from car shopping research to ongoing service and repair work. It’s...
How data is helping car dealers maximize profits and retain customers...
Car dealers have navigated a pandemic, high interest rates, inflation, and fluctuating demand with relative ease, underlining the strength of the retail automotive sector....
Black Book, Recurrent team up to launch industry’s first battery adjusted...
On January 23, Black Book introduced the industry's first electric vehicle (EV) valuations under Battery Adjusted Values. These values include battery modifications based on...
Hybrids and EVs take center-stage in Edmunds best-car awards
Edmunds has released its top-rated vehicle picks for 2024, recognizing the models that have continued to set the standard for excellence in their segment.
Electric...
Cadillac shares CT5-V and CT5-V Blackwing details ahead of Daytona debut
Cadillac has shared details of the upcoming CT5-V and CT5-V Blackwing, two luxury sedans targeted toward tech-savvy and performance-focused buyers.
The two vehicles signify 20...
Training your F&I team for success — Adam Marburger | Ascent...
The F&I business remains an important aspect of automotive retail in 2024, serving to boost profits and keep customers happy. However, given the tumultuous...
How to win agricultural clients as a car dealer — Pat...
Although demand for passenger and fleet vehicles is starting to normalize in the aftermath of the COVID pandemic, most car dealers have yet to...
Merging online car shopping and in-store experiences with enhanced data tools...
In today's world of instant connectivity, the lines between physical dealerships and digital spaces, for leads and sales, are increasingly blurred. And for the...