Tag: automotive industry
The transformative role of AI in dealerships and the broader automotive...
Welcome back to the latest episode of The Future of Automotive, with Steve Greenfield, Founder and CEO of Automotive Ventures, where we put recent...
Weekly roundup: dealers confront Biden on EV policy, UAW expands unionization,...
Earlier this week: Thousands of U.S. dealerships, operating as "EV Voice of the Customer," expressed concerns to President Biden about proposed emissions standards in...
How to unlock the power of purpose and drive your dealership...
The bar to becoming a successful automotive group is extremely high.
Worth $2.86 trillion in 2021, the automotive industry is indubitably one of the most...
Ford reissues 2023 guidance, reveals $8.8 billion cost of labor deal
In its latest financial update, Ford Motor Company has reissued its 2023 guidance, a month after withdrawing it due to the ongoing labor strikes...
UAW launches ambitious campaign to unionize non-Detroit automakers
The United Auto Workers (UAW) union has announced a bold initiative to organize 13 non-union automakers operating in the United States. This announcement comes...
It’s all about the perfect payment
There’s nothing about paying bills that consumers like, so it follows that the easier and cheaper and most penny perfect they are to pay,...
Synchronous vs. Asynchronous customer communication: is your dealership using both?
All businesses, including car dealerships, face the challenge of figuring out how exactly to connect with customers in order to meet and exceed sales...
GM reports $1.1 billion hit from UAW strike but raises dividend,...
General Motors (GM) has reported a significant financial impact from the recent six-week strike by autoworkers, with pretax earnings suffering a $1.1 billion loss,...
First-party data: a marketing goldmine for dealers
Macroeconomic and industry-specific challenges continue to impact how dealers do business. From inflationary pressures and rising interest rates to vehicle inventory challenges, fluctuating prices,...
3,882 dealers nationwide challenge Biden on EV regulations in open letter
Nearly 4,000 dealers across the United States have collectively penned an open letter to President Biden, expressing their concern over the proposed emissions standards...