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To combat diminishing sales, Tesla will offer the Cybertruck for leasing starting at $749 per month and boosting incentives.

Tesla launches Cybertruck leasing, increases incentives as sales dwindle

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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 and Nissan face declining sales in 2024, highlighting the potential benefits of a strategic merger to compete with global auto giants.

Honda, Nissan’s sales struggles highlight need for merger

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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 plans to roll out affordable EVs in 2025 and launch a robotaxi service, despite a dip in fourth-quarter earnings.

Tesla unveils plans for affordable EVs and robotaxi service amid earnings...

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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...
Shareholders worry about Musk’s political involvement and its potential impact on Tesla's brand and profitability ahead of Q4 earnings call.

Tesla preps for fourth-quarter earnings amidst shareholder concerns over Elon Musk’s...

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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...
The latest data from J.D. Power and GlobalData project that new-vehicle sales will rise by 4.4% year-over-year in January.

New-vehicles sales expected to soar in 2025

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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 2024 annual and Q4 results

Hyundai reports weak Q4 profits amid sluggish sales and U.S. warranty...

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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 reported its global deliveries fell by 9% to 1.395M vehicles during Q4 2024 amid inventory reduction initiatives in the U.S.

Stellantis reports major decline in global vehicle deliveries amid inventory reset...

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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...
Jonathan Dawson discusses how to realign your team to focus on quality over quantity and building strong customer relationships.

Realign with the basics: shift your team’s focus from quantity to...

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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...
Auto credit access improved in Dec. 2024, with higher approval rates, lower loan costs, and favorable terms

Easing credit conditions mark a robust end to auto finance in...

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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 clears out 100,000 vehicles from U.S. inventory

Stellantis successfully cuts U.S. inventory by over 100,000 vehicles

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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...