Tag: automotive news
Stellantis posts record profit in first half of 2023, margins stall...
Stellantis reported record-breaking earnings for the first half of 2023, attributing the success to rising demand and stabilizing supply chains.
Over the first six months...
Electric vehicle affordability blocking lower-income buyers from market
Car buyers are warming up to the electric vehicle segment but continue to cite affordability as a key obstacle to making the switch from gas.
Low-income shoppers...
J.D. Power, Palantir to partner on artificial intelligence tools for dealers,...
J.D. Power has announced a new partnership with data analytics firm Palantir Technologies to create artificial intelligence solutions for the car business.
In a press...
General Motors raises yearly guidance, but felt profit pressures in Q2
General Motors saw a complicated second quarter during which its profits rose significantly but with tighter margins than the year before.
According to its quarterly...
Enhancing your dealership’s social media strategy with AI — Gail Rubinstein...
Social media and artificial intelligence have completely transformed the way dealers connect and interact with customers. On this episode of Inside Automotive, host Jim...
How to take back control of your dealership’s call center —...
As new car inventory across the country expands, so too has the number of calls placed to dealerships. The increase in volume has made...
Tesla CEO Musk swaps out Twitter bird with ‘X’ logo after...
Tesla CEO Elon Musk has formally rebranded Twitter as "X," substituting the social media platform's iconic white-and-blue bird logo on Monday with a simple...
Stellantis and SDI agree to build second electric vehicle battery plant
Jeep-maker Stellantis and South Korean tech manufacturer Samsung SDI have confirmed plans to build a new electric vehicle battery plant, slated to launch in...
AutoNation beats forecast, maintains revenue in Q2 despite sluggish sales
AutoNation strengthened its position over the second quarter, beating analyst revenue forecasts thanks to higher earnings from after-sales services and increasing demand for new...
Female car buyers: Why dealers shouldn’t underestimate women — Lena Bourgeois...
Women make up one of the largest car buyer demographics in the U.S., but many dealers are still relying on outdated practices or old-school...