Tag: automotive industry
Trends and predictions for dealers to know in 2024
2024 will be another year of significant transformation for the automotive retail environment. Shifting product mixes, evolving consumer demands and emerging ways to leverage...
New and used vehicle inventory remain stable to start off year
New vehicle inventory fell while used vehicle inventory rose over the course of December 2023, as demand continued to fluctuate in response to post-pandemic...
Ford cuts Lightning production again, ramps up Bronco, Ranger manufacturing
Ford again cut production of its F-150 Lightning electric pickup on Friday but boosted manufacturing targets for the Ranger truck and Bronco SUV.
Although the...
FTC postpones CARS rule after open meeting, following NADA, TADA petition
This story was originally published January 17 but has been updated to reflect new details. Scroll down to see the edit.
The Federal Trade Commission...
The future of electric vehicle charging — Mike Battaglia | Blink...
Many dealers have become disillusioned with the electric vehicle market in the post-pandemic car market as technological and infrastructure limitations continue to suppress sales....
American Honda eyes sales gains for 2024, re-affirms EV commitment
Honda forecasts higher sales in the U.S. over the next 12 months after making an impressive comeback over the course of 2023.
The automaker sold...
Honda teases redesigned Civic, hybrid powertrain coming summer 2024
Honda has published new details and visuals for the 2025 Civic, revealing a refreshed design and new hybrid powertrain.
The hybrid model, available as a...
Dealer Matt Bowers on navigating the EV market and improving customer...
Dealers are seeing more inventory- meaning their lots are filling back up. In fact, the Matt Bowers Auto Group, based near New Orleans, Louisiana, has...
2023 sees big boost in car buying experience satisfaction
Consumers expressed higher levels of satisfaction with the car buying experience in 2023 than the year before, as dealers continue to accommodate evolving shopper...
Could your dealership benefit from an in-store clinic? — Melissa DeMontrond...
When most people hear the phrase in-store clinic, they typically picture some small, lonely alcove shoved into the corner of a Walmart or Publix,...