Tag: automotive industry
Researchers slash electric vehicle sales forecasts for 2024
While electric vehicle sales are still on track to grow in 2024, analysts have grown more cautious toward the segment following a disappointing year...
Used vehicle market holds course in November, sales and prices weaken
November was a predominantly stable month for the used vehicle market, even though sales volumes, pricing and inventory levels trended in unsatisfactory directions.
According to...
Exploring the legality of Hyundai and Amazon’s new partnership with attorney...
Starting next year, Hyundai dealers will be able to sell vehicles through the Amazon platform with other brands set to follow. Joining us on...
Improve your customer service and retention with the right training —...
Training is a crucial component of any dealership's success, often determining the business's ability to provide competitive service and retain customers. Unfortunately, many dealers...
The mentorship mindset: how effective leaders nurture the growth of their...
For dealership managers and executives, getting top talent in place is only half the battle for driving sales and boosting profits. Sharp leaders realize...
New vehicle supply reaches two-year high in early December
New vehicle supply has made a substantial recovery throughout 2023, culminating in December's initial inventory total of 2.56 million units, the highest levels seen...
Range Rover shares select details on upcoming electric model
Jaguar Land Rover shared details and first images of the upcoming Range Rover Electric ahead of its scheduled release next year alongside a new...
Dealer association presidents react to Hyundai-Amazon partnership and Biden EV push
The last year has been one of the busiest for dealer associations as the industry grapples with a host of unprecedented events, some of...
What is location intelligence and how can it help car dealerships?
Welcome back to the latest episode of The Future of Automotive, with Steve Greenfield, Founder and CEO of Automotive Ventures, where we put recent automotive and mobility...
Weekly roundup: New car prices fall, hybrid demand rises, Asbury acquisition,...
Earlier this week: New car prices saw a decline in November, with Tesla being the most affected. Hybrid vehicles are gaining momentum as manufacturers...