Tag: automotive industry
5 ways to turn customers into ambassadors for your dealership
What is more powerful than well-drafted ad copy, video content, or a social media post about your dealership's discounts? You may be surprised to...
Asbury completes $1.2 billion acquisition of Jim Koons dealership group
Asbury Automotive Group has now fully acquired Jim Koons Automotive Companies, one of the largest privately-owned dealership groups in the U.S., for $1.2 billion.
The...
UAW files charges against Honda, Hyundai, and VW alleging unfair labor...
The United Auto Workers Union has filed unfair labor practice charges against Hyundai, Honda, and Volkswagen with the National Labor Relations Board. The charges...
Ford cuts F-150 Lightning production on slowing EV demand
Ford plans to cut production of the F-150 Lightning electric pickup in response to lower-than-anticipated EV demand in the U.S.
The Detroit automaker said it...
Palmiero Toyota drives change by raising thousands for local nonprofits
Palmiero Toyota, in Meadville, Pennslyvania, went the extra mile during its 14th annual Give Back Program by setting up an assembly line of kindness that...
Hybrids gain traction, Ohio opens first Gov. funded EV charging station,...
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How dealers can successfully navigate changes in the F&I department – Cory Collins
A vital role of the F&I department is customer education. However,...
Auto loan access hits speed bump in November after months of...
Auto loan access declined in November after multiple months of improving conditions, according to Cox Automotive's Dealertrack Auto Credit Availability Index.
After hitting a peak...
Hybrid cars gain traction as automakers navigate EV transition
Several car makers are more closely considering producing hybrid cars and trucks to meet consumers' growing demand and avoid incurring penalties from federal fuel...
Ohio first state to open electric vehicle charging station with federal...
The first of the Biden Administration's government-funded electric vehicle charging stations has officially opened in Ohio following a two-year wait.
The EV charging station opened...
Nordic pension funds push Tesla for workers’ bargaining rights
On December 11, four Nordic pension funds jointly announced that they would send a letter to Tesla, urging the company to respect the collective...