Tag: automotive industry
Dealers warm up to digital retailing but obstacles persist
The adoption of digital retailing tools among dealers has expanded in 2023, with the percentage of storefronts offering a fully online car-buying experience increasing...
Sheehy Auto Stores raises $340,000+ for American Heart Association
Virginia-based Sheehy Auto Stores has raised $341,476 in 2023 to support the American Heart Association (AHA), continuing its long-term commitment to fight heart disease...
Tesla to charge “congestion fee” at some Supercharger locations
Tesla will charge certain drivers a "Supercharger Congestion Fee" at a limited number of charging sites across the U.S. in an effort to reduce...
Actionable steps to improve diversity within the dealership — Fernando Varela...
National Hispanic Heritage Month is a time to celebrate diversity and reflect on the culture and contributions of the Hispanic community. Within retail automotive,...
Building rapport with prospective car buyers over the phone
Developing strong rapport with potential car buyers over the phone is crucial for sales professionals in the automotive industry. It involves establishing a genuine...
Service center revenue, demand remain strong throughout October
Dealers continued to see demand and profit in the service center throughout October, with revenues and work volumes remaining strong despite industry-wide instabilities stemming...
Rivian’s CEO RJ Scaringe becomes chief product officer, replacing Nick Kalayjian
Rivian announced on November 20 that CEO RJ Scaringe would take direct control of all product development, effective immediately, as the electric vehicle manufacturer...
automotiveMastermind adds Turn feature to help dealers better manage inventory
NEW YORK (Nov. 21, 2023) – automotiveMastermind (aM), part of S&P Global Mobility and the leading provider of predictive analytics and marketing automation solutions...
Cold weather driving range varies heavily between EV models, says new...
Electric vehicles experience surprisingly variable degrees of driving range loss due to cold weather based on model and design, according to new research.
Virtually all...
Used vehicle sales, pricing continue to normalize in first half of...
Used vehicle sales and pricing have weakened in the final quarter as the market continues to normalize in the wake of the COVID pandemic.
According...