Tag: automotive news
How dealers are navigating interest rates on their quest for acquisitions...
The dealership buy/sell market remains active in 2024, with major acquisitions arriving every week. But with economic factors, such as interest rates and inflation,...
How proactive hiring can transform your dealership – Adam Robinson |...
Are you struggling to fill roles at your dealership? If so, then you're not alone. According to a recent report by Hireology, most dealers...
Volkswagen, Toyota announce recalls impacting more than 500,000 drivers
Two import car manufacturers announced major recalls this week affecting more than half a million drivers in the U.S.
On Sunday, February 25, Volkswagen confirmed...
Automakers drag feet on sustainable, ethical supply chains in 2023
Automakers made significant progress toward clean, ethical, and sustainable supply chains in 2023 but still have immense room for improvement in the years ahead.
In...
Automotive market forecast: trends, challenges, and opportunities in 2024 — Charlie...
The automotive market performed astonishingly well in 2023, exiting the year mostly unphased by inflation challenges, rising interest rates, labor strikes, and the electric...
Automotive brand loyalty winners fend off retention woes in 2023
Brand loyalty remains a critical factor in automotive marketing but has been declining for several years, making events such as S&P Global Mobility's Annual...
New BYD luxury electric ‘supercar’ to rival Ferrari
China-based car manufacturer BYD has revealed new details and a launch timeline for its new premium electric "supercar," the U9, which it claims can...
How the dealer-OEM relationship affects customer experience — Andy Guelcher |...
Chevrolet is one of the most well-known General Motors brands, whose dealer body sets the standard for auto-retailing excellence. However, as the industry has...
Vehicle sales on track to rise in February as supply jumps...
New vehicle sales are predicted to rise in February, thanks to a combination of lower prices and better availability.
A joint forecast from J.D. Power...
New research highlights impact of dishonesty in the auto sales process
New research has identified a discrepancy in the rate at which customers experience dishonest practices during the car sales process and the percentage of...