Tag: automotive news
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...
Stellantis to invest $1.58 billion in China’s Leapmotor, plans joint venture
Stellantis has announced a $1.58 billion investment into Chinese electric vehicle maker Leapmotor.
The investment will give the manufacturing conglomerate a 20% stake in the...
Maximizing dealership profits with first-party data — Jade Terreberry | Cox...
First-party data, customer information collected and stored by a business, is a powerful tool that allows companies to provide better, more efficient service. But...
The biggest takeaways from dealership and OEM third-quarter reports — Kevin...
Third-quarter reports from the big dealership groups and automakers are in, giving analysts insight into the impact of the ongoing United Auto Workers strike...
The role of brand storytelling in car dealership marketing
You might be wondering what brand storytelling actually means. To most marketers, brand storytelling involves using any marketing medium like video or marketing to...