Tag: automotive news
Wholesale used vehicle prices dip in early February but demand rises
Wholesale used vehicle values declined in the first two weeks of February, following similar drops in listing prices and inventory levels seen across the...
How to greet customers on the phone or in the service...
Welcome to the first episode of Loyalty-Based Sales Strategies with Jen Suzuki on CBT News! In this series, Suzuki, president of eDealer Solutions, veteran...
UAW to strike Ford’s Kentucky plant over five-month contract delay
The United Auto Workers (UAW) union says it will go on strike at Ford's Kentucky Truck Plant as early as this week if the...
EPA to re-evaluate tailpipe emission standards after industry pushback
The Biden Administration is planning to relax strict tailpipe emission standards proposed by the Environmental Protection Agency (EPA) last year in an effort to...
Innovating for short and long-term F&I headwinds — Scott Gunnell |...
F&I (finance and insurance) continues to be one of the most important departments in the dealership, driving both revenue and customer satisfaction. But just...
AgRally Dealer Experience: exclusive, VIP access limited to just 125 dealers
Where in the automotive industry will you ever have a chance to learn what it really takes to sell trucks in the agriculture community?...
Cruise VP of robotaxi hardware development abruptly resigns
Carl Jenkins, senior vice president for autonomous vehicle platforms at General Motors' Cruise robotaxi division, has resigned, marking the latest in a series of...
New vehicle supply surges in February, prices fall
New vehicle prices have dipped under rising supply levels, signaling a return to a consumer-friendly market.
At the start of February, new vehicle inventory reached...
Why are sales professionals in a hurry? — Matt Easton |...
Sales professionals have two primary jobs in the dealership: make the customer happy and make the business money. Unfortunately, some companies prioritize the latter...
Stellantis full-year profits rise but business stays sluggish in U.S.
Stellantis recorded strong full-year earnings for 2023 on a global scale but struggled to maintain profitability in the U.S. following the United Auto Workers...