Tag: automotive news
Researchers slash electric vehicle sales forecasts for 2024
While electric vehicle sales are still on track to grow in 2024, analysts have grown more cautious toward the segment following a disappointing year...
Used vehicle market holds course in November, sales and prices weaken
November was a predominantly stable month for the used vehicle market, even though sales volumes, pricing and inventory levels trended in unsatisfactory directions.
According to...
Improve your customer service and retention with the right training —...
Training is a crucial component of any dealership's success, often determining the business's ability to provide competitive service and retain customers. Unfortunately, many dealers...
New vehicle supply reaches two-year high in early December
New vehicle supply has made a substantial recovery throughout 2023, culminating in December's initial inventory total of 2.56 million units, the highest levels seen...
Range Rover shares select details on upcoming electric model
Jaguar Land Rover shared details and first images of the upcoming Range Rover Electric ahead of its scheduled release next year alongside a new...
Dealer association presidents react to Hyundai-Amazon partnership and Biden EV push
The last year has been one of the busiest for dealer associations as the industry grapples with a host of unprecedented events, some of...
What is location intelligence and how can it help car dealerships?
Welcome back to the latest episode of The Future of Automotive, with Steve Greenfield, Founder and CEO of Automotive Ventures, where we put recent automotive and mobility...
Cruise fires 9 leaders, lays off 900 employees amidst safety probes
This week, Robotaxi service and General Motors subsidiary Cruise let go of nine leading team members and revealed it would lay off an additional...
Number of new car dealers selling electric vehicles triples from 2020
More than half of all car dealers are selling electric vehicles in 2023, according to automotive data platform iSeeCars.
Since the onset of the COVID...
New car prices drop in November as incentives rise, Tesla hit...
New car prices trended lower in November as the economy continued its post-pandemic balancing act, benefiting consumers but challenging dealer and automaker earnings.
According to...
