Tag: automotive industry
Why now is the time to revisit your dealership’s training program...
An effective and personalized training program is crucial for dealers to equip employees with the skills needed to succeed in their roles. With the...
Elon Musk seeks 25% stake in Tesla to prioritize AI and...
Tesla CEO Elon Musk is seeking to increase his ownership of the electric vehicle company to 25% as he looks to accelerate the brand's...
Automotive trends forecast: same headwinds, new buyers
Cars.com, a technology firm serving the vehicle industry, has released its 2024 Automotive Trends report, forecasting the predominant behaviors of the new and used...
How to make the data analysis process faster at your dealership...
The application of data analysis has become a requisite for modern dealers, serving to guide storefronts safely through market fluctuations and allowing retailers to...
How to break down communication silos between departments in the dealership
In a dealership, effective communication between departments is crucial for success. However, communication silos can impede collaboration and hinder productivity. By breaking down these...
How dealers can build lasting relationships in their communities
In the highly competitive auto retail industry, engaging with communities is not just a trendy phrase; it's an essential factor for success. Building authentic...
Volkswagen sales jump 11.8% in 2023, EV volume breaks quarterly record
The Volkswagen Group maintained an impressive recovery pace throughout 2023, ending the year up 11.8% from 2022 in terms of sales across the company's...
Toyota prepares to boost its global vehicle production to about 10.3...
According to a January 15 report from Nikkei Asia, the world's largest financial publication, the Japanese automaker Toyota intends to produce over 10.3 million...
Tesla market valuation sheds $94 billion in first weeks of 2024
Tesla saw its market valuation shed $94 billion over the first two weeks of 2024, marking one of the sharpest share price drops in...
Why you should revisit your talent acquisition process in 2024 —...
Dealership methods of talent acquisition and retention have become increasingly outdated, not only in how retailers identify candidates but also in how they keep...