Tag: automotive news
Overcoming the trust gap between in-store and digital retail — Chase...
Dealers often prioritize their in-store activities over their digital retail operations due to a lack of trust in modern technology and today's car buyers....
United Auto Workers sets sights on non-unionized companies, targets Toyota
With their fight against Detroit-Three OEMs (presumably) won, United Auto Workers leaders are turning their attention toward non-unionized automakers in the U.S., such as...
Ford sales take first dive in 2023, ICE declines while EVs...
Ford sales declined for the first time this year in October, during which the company navigated a six-week United Auto Workers strike and disappointing...
What Q2’s auto loan trends mean for the months ahead —...
Auto loan delinquencies have steadily risen throughout the year, giving many financing and insurance specialists the impression that car buyers are struggling to navigate...
American Honda sales rise more than 30% in October
American Honda saw sales rise throughout the month of October thanks to improved inventory and stable demand.
The automaker reported total sales of 108,088 units,...
Dealer registration opens for electric vehicle tax credit transfer
Dealers can now obtain direct access to consumer electric vehicle tax credits thanks to a new website launched this Wednesday by the IRS.
By registering...
Dealership technology and the future of automotive commerce — Steve Roessler...
Dealership technology is often outdated and used incorrectly, putting many retailers behind the curve on digital retail. However, with consumers conducting more and more...
Hyundai ekes out year-over-year victory in U.S., posts strong EV sales
Hyundai Motor America continued to see stronger year-over-year sales in October, according to its monthly sales report published Wednesday.
The South Korean brand recorded sales...
Toyota announces EV investments, higher profit and pay raises after Q3...
Toyota delivered several updates in the wake of its third-quarter report, highlighting the speed with which the brand has recovered from its post-pandemic inventory...
How payment estimates impact the customer experience — Paul Appelbaum |...
Inaccurate payment estimates are one of the biggest pain points for car buyers, sometimes ruining the dealership experience for consumers. Unfortunately, many dealers rely...