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Electric vehicles sales are now projected to reach 16.7 million units in 2024, down from 17.5 million earlier this year.

Researchers slash electric vehicle sales forecasts for 2024

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While electric vehicle sales are still on track to grow in 2024, analysts have grown more cautious toward the segment following a disappointing year...
Dealers maintained carefully balanced inventories in November as the used vehicle segment grappled with lower sales and prices.

Used vehicle market holds course in November, sales and prices weaken

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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...
Hyundai and Amazon's new online car selling partnership: legal insights and dealer impact explored by attorney Len Bellavia.

Exploring the legality of Hyundai and Amazon’s new partnership with attorney...

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Starting next year, Hyundai dealers will be able to sell vehicles through the Amazon platform with other brands set to follow. Joining us on...
Tony Gomez joins Driving Solutions to discuss the need for revitalized training programs in the retail automotive industry.

Improve your customer service and retention with the right training —...

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 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...
While managers set broad goals for their department, mentors takes a personalized approach by tailoring opportunities to each employee.

The mentorship mindset: how effective leaders nurture the growth of their...

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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 rose 57% year-over-year over November and into December, with some automakers adjusting production rates in response.

New vehicle supply reaches two-year high in early December

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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...
Jaguar Land Rover offered initial details of its upcoming Ranger Rover Electric scheduled for 2024 alongside a new promotional video.

Range Rover shares select details on upcoming electric model

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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 share their thoughts concerning the Hyundai-Amazon partnership and the White House's electric vehicle push.

Dealer association presidents react to Hyundai-Amazon partnership and Biden EV push

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The last year has been one of the busiest for dealer associations as the industry grapples with a host of unprecedented events, some of...
I’m Steve Greenfield from Automotive Ventures, and I’m glad that you could join us.It’s been a tough quarter for many of the legacy automakers. highways emissions

What is location intelligence and how can it help car dealerships?

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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...
Automotive industry shifts and trends: New car prices fall, hybrid demand up, Asbury acquires Koons, EV sales grow, UAW actions.

Weekly roundup: New car prices fall, hybrid demand rises, Asbury acquisition,...

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Earlier this week: New car prices saw a decline in November, with Tesla being the most affected. Hybrid vehicles are gaining momentum as manufacturers...