Tag: automotive industry
Strong demand for dealership acquisitions despite decline in blue sky values
The latest Haig Report for Q3 2023 from buy/sell firm Haig Partners revealed a sustained high demand for car dealerships. The report indicates that...
Key labor case against Tesla dismissed, still faces ongoing unionization challenges
Tesla has successfully defended itself against charges of illegal employee termination in New York, connected to a unionization drive, marking a significant moment in...
Nov. U.S. auto sales expected to soar: new-vehicle sales up 10.2%...
According to a joint forecast from J.D. Power and GlobalData, the automotive retail industry is witnessing a significant upswing in November, with total new-vehicle...
Tesla sues Sweden as striking workers block license plate deliveries
A notable legal battle involving electric vehicle maker Tesla has emerged in Sweden. The Texas-based automaker has filed a lawsuit against the Swedish state...
EV policy will play a critical role in upcoming 2024 elections
The discourse around electric vehicles (EVs) is heating up on the political front, reporting by Reuters reveals.
As the 2024 presidential race intensifies, EVs have...
How to combat inflation, boost sales and enhance F&I performance
Obstacles such as rapid inflation, high interest rates and constrained supply continue to challenge both dealers and car buyers, even as the car business...
Used car market trends: why dealers are turning to multichannel acquisitions...
The used car market has experienced more ups and downs than any other automotive segment in recent years as consumer demands shift in response...
Amazon partners with Hyundai for online car sales, shaking up auto...
Welcome back to the latest episode of The Future of Automotive, with Steve Greenfield, Founder and CEO of Automotive Ventures, where we put recent...
Why customer experience is your dealership’s ultimate marketing tool
In the dim glow of a local dealership, Sarah drove off the lot with her brand-new sedan. Instead of feeling like just another sale,...
7 tips for enhancing your dealership’s online vehicle merchandising strategy
In today's fast-paced digital age, having a robust strategy for showcasing your dealership’s vehicles online is not just a passing trend – it's absolutely...
