Tag: automotive news
How sales teams can outperform the competition and close more deals...
Inventory management is no longer a major issue for many dealerships. Therefore, one key factor in achieving success today is the ability to outperform...
Tesla sets date for robotaxi debut following Model 2 cancellation claims
Tesla is building a robotaxi, according to company CEO Elon Musk.
The self-driving vehicle will apparently make its debut this August, according to a short...
Simple strategies to lead your dealership employees through change
Adapting to change is a considerable task, one that often leaves dealership leaders at a loss. However, by focusing on the right things, even...
Stellantis CEO calls for lighter electric vehicles amidst hybrid surge
Stellantis CEO Carlos Tavares is calling for lighter electric vehicles as the industry grapples with massive materials costs in current-generation battery technology.
Speaking at the...
Diversifying your dealership technology tool kit – Eric Schlesinger | ActivEngage
On the latest episode of Kain & Co., host David Kain sits down with Eric Schlesinger, chief revenue officer at ActivEngage, to discuss how dealership...
Fisker withdraws earnings forecast for 2024 as financial woes mount
Fisker has withdrawn its 2024 financial forecast as it faces a regulator probe over its Ocean SUV, the latest in a series of troubles...
Stellantis U.S. sales drop again in Q1 after weak 2023
Stellantis' U.S. sales continued to decline in the first quarter, causing it to bleed market share while other automakers reported strong year-over-year gains.
The European...
Tesla posts disappointing Q1 sales under weakening EV demand
Tesla posted first-quarter sales on Tuesday, with disappointing forecasts and a sharp decline in deliveries that underline the impact of the electric vehicle market's...
BYD EV sales plummet in Q1 as hybrids surge
China-based automaker BYD has reported a significant drop in electric vehicle sales after aggressive price cuts drove record-high volumes in the previous quarter.
On Monday,...
First quarter new vehicle sales set to rise despite slower March
Analysts project new vehicle sales will rise in the first quarter despite a demand cooldown observed in March, as echoes from the post-pandemic boom...