Tag: automotive news
United Auto Workers changes update schedule in “new phase” for strike
United Auto Workers president Shawn Fain took to social media on Friday, October 13, to deliver updates on the union's ongoing strike against Detroit-Three...
Predicting shifts in the electric vehicle segment — Jessica Stafford |...
The electric vehicle segment has undeniably reshaped the way the automotive industry and its consumers think about mobility. However, while the technology is exciting,...
What car buyers expect from their dealership experience — Rusty West...
In this era of fast-paced technological innovation and evolving consumer expectations, the retail automotive industry has found itself at the crossroads of providing a...
Auto loan accessibility improves for third consecutive month in September
Auto loan and credit accessibility improved for the third consecutive month in September, according to Cox Automotive's Dealertrack Credit Availability Index.
After a slight decline...
Stellantis and Samsung announce new electric vehicle battery plant
Stellantis and Samsung SDI today announced plans to build another electric vehicle battery factory in Kokomo, Indiana.
With this move, the companies will eventually operate...
Tapping into the commercial vehicle segment — Kathryn Schifferle | Work...
The automotive industry has experienced notable shifts in car buying behavior over the last five years, even in the commercial vehicle segment. Since 2022,...
Q4 strategies to boost dealership profits — Aaron Bickart | OfferLogix
Vehicle inventories have grown over the last year as supply chains around the world have improved but at the expense of dealership profits. After...
New partnership to build AI-powered semiconductors for automotive sector
South Korean tech startup BOS Semiconductors has formed a partnership with U.S. artificial intelligence hardware company Tenstorrent to develop semiconductors for use in vehicles...
BMW breaks quarterly electric vehicles sales record
BMW broke its previous electric vehicle sales record in the U.S. as overall sales rose 8% year-over-year during the third quarter.
From July through September,...
The four phases of every good sales strategy — Sean Gardner...
Despite drastic transformations in the way vehicles are sold, a car buyer's business is still won more often through sales strategy rather than competitive...
