Tag: automotive sales reports
Tesla launches Cybertruck leasing, increases incentives as sales dwindle
In a desperate effort to boost diminishing Cybertruck sales, Tesla is pulling out all the stops and revamping its strategy. The automaker is now...
Honda, Nissan’s sales struggles highlight need for merger
Honda and Nissan both faced stagnating or declining global vehicle sales in 2024, reinforcing the need for a strategic partnership. Both automakers struggled in...
Tesla unveils plans for affordable EVs and robotaxi service amid earnings...
During Tesla's earnings call yesterday, the company unveiled a two-pronged strategy to drive future growth, even as its financial performance for the quarter fell...
Tesla preps for fourth-quarter earnings amidst shareholder concerns over Elon Musk’s...
As Tesla prepares for its 2024 fourth-quarter earnings call, shareholder concerns are growing about CEO Elon Musk’s focus and commitment to the company. Shareholders...
New-vehicles sales expected to soar in 2025
According to the latest data from J.D. Power and GlobalData, new-vehicle sales–including both retail and non-retail– for January 2025 are projected to rise to...
Hyundai reports weak Q4 profits amid sluggish sales and U.S. warranty...
Hyundai Motors released its 2024 annual and fourth-quarter business results, revealing a year of mixed performance. While total vehicle sales dipped, the automaker achieved...
Stellantis reports major decline in global vehicle deliveries amid inventory reset...
Stellantis reported that its global deliveries fell by a shocking 9%, to 1,395,000 vehicles, during the fourth quarter of 2024.
This overall decline in global...
Realign with the basics: shift your team’s focus from quantity to...
Many sales teams have not fully adapted to the changes in the retail automotive space after the pandemic. In today's episode of Mind Your...
Easing credit conditions mark a robust end to auto finance in...
Cox Automotive's Dealertrack Credit Availability Index revealed improved auto credit availability across all channels and lender types in December 2024. The All-Loans Index reached...
Stellantis successfully cuts U.S. inventory by over 100,000 vehicles
According to Antonio Filosa, Stellantis's North American chief, he recently revealed that the automaker has successfully reduced its U.S. inventory by more than 100,000...