Tag: automotive news
New car sales improve in December, full-year volume hits 15.5 million
New car sales will improve on a monthly and yearly basis, according to Cox Automotive, following a late-season demand surge in December.
Based on the...
VinFast follows through on franchise plans, partners with five U.S. dealers
Vietnam-based electric vehicle manufacturer VinFast has formally entered partnerships with several U.S. dealers, marking a break from the fledgling company's initial direct-sales model.
After signaling...
EV tax credit rules in effect, more than 20 models lose...
New domestic sourcing requirements for electric vehicle batteries are now in effect following their reveal by the Treasury Department in the fourth quarter of...
BYD beats Tesla EV sales in Q4 for first time, but...
Chinese electric vehicle maker BYD surpassed Tesla in both production and sales for the second consecutive year in 2023, as the two companies compete...
The 2024 automotive landscape: 5 trends all dealers should watch —...
With 2023 in the rearview mirror, it is time for car dealers to review the automotive landscape so they can enter the New Year...
Crafting effective marketing campaigns for modern dealerships — Dave Spannhake
Dealers know they need effective marketing campaigns to grow their businesses. But with a rapidly evolving arsenal of tools at their personal and a...
The importance of proper “hygiene” when using customer data platforms —...
Customer data platforms (CDP) have quickly become an important part of automotive retailing, with the number of storefronts using this crucial technology growing on...
Integrating technology and human touch in car sales: Striking the balance...
Technology is changing how consumers shop for and buy cars. Yet chatbots, virtual reality applications, and artificial intelligence haven’t eliminated the need for human...
Tesla faces regulator investigations over suspension failures in Norway, Sweden
Tesla is facing a new investigation from auto regulators in Sweden and Norway, following a Reuters report alleging that the automaker covered up defects...
What does the Amazon-Hyundai partnership mean for dealers? — Jim Ziegler...
In November, Hyundai announced it would partner with Amazon to sell new vehicles online, opening a proverbial Pandora's box for the retail automotive sector....