Tag: automotive news
Panasonic cuts electric vehicle battery production amidst demand fears
Japanese tech manufacturer and Tesla supplier Panasonic has reduced electric vehicle battery production, sparking fears of an electric vehicle slowdown.
In its earnings report released...
Merchandising vehicles through story — Nathan Fox | Cox Automotive
Merchandising is a crucial component of any retail operation, especially in the age of digital commerce, where customers often have little to no access...
How are consumer preferences changing in response to digital retailing? —...
Consumer preferences have evolved rapidly in the retail automotive sector, completely changing how cars are shopped and sold in the last three years alone....
General Motors establishes tentative deal with UAW
General Motors reached a tentative deal with United Auto Workers leaders early Monday morning, signaling the end of the union's six-week strike against Detroit...
Stellantis strikes second United Auto Workers deal
Stellantis became the second Big-Three manufacturer to reach a tentative deal with the United Auto Workers union over the weekend, ending more than 40...
How to modernize your dealership’s marketing technology — John Campos &...
The modern economy is a complex system that requires retailers to be well-versed in marketing technology and data collection. This is especially true for...
Ford earnings underwhelm analysts, automaker postpones EV investments
Ford on Thursday retracted its full-year earnings guidance after posting an underwhelming third-quarter report. The announcement came on the same day company executives reached...
Dealer groups show resilience in Q3 despite profitability pressures
Dealership groups across the U.S. broke multiple performance records in the third quarter, highlighting retail automotive's unanticipated resilience in the post-pandemic era.
Lithia & Driveway...
Resolving lead defection through artificial intelligence — Eric DeMont | Urban...
Lead defection is a frustrating problem for dealers, resulting in wasted money, time and effort. However, while retailers have historically had few remedies at...
October new vehicle sales to rise against UAW, economic headwinds
Cox Automotive predicts that new vehicle sales will rise in October despite ongoing economic and manufacturing headwinds.
According to the firm's forecast, new vehicle sales...