Tag: car business
SC car dealer Brooke English on inventory management, vehicle pricing, and...
Americans want cars, whether electric or ICE, but with today's low inventory market, dealers need to become even more creative and resilient. Today on...
How to turn your dealership’s online reputation from a burden to...
Reputation is everything when it comes to having a dealership. The internet is used frequently throughout the buying process. Your customers will likely go...
ACEEE study shows GMC Hummer EV generates more CO2 than some...
According to a recent study from the American Council for an Energy-Efficient Economy, the new GMC Hummer EV might still be responsible for more greenhouse gas...
Walmart is buying 4,500 EVs from Canoo to enhance last-mile delivery
Walmart has agreed to purchase 4,500 all-electric vehicles from Canoo, starting with the lifestyle delivery vehicle (LDV). The agreement also states that Walmart has...
Lordstown Motors appoints Edward Hightower as its new CEO
Electric vehicle start-up Lordstown Motors has a new Chief Executive Officer. Former President Edward Hightower is taking over as CEO, while outgoing CEO Daniel...
Mustang Mach-E owners sue Ford over alleged battery defect
Three Mustang Mach-E owners have filed a federal lawsuit against Ford Motor Company, claiming the automaker was aware of a design flaw that causes...
CBT automotive newscast: July 13, 2022
Inside Automotive:
SC car dealer Brooke English on inventory management, vehicle pricing, and dealership culture
Americans want cars, whether electric or ICE, but with today’s low...
3 best practices for addressing higher vehicle prices with customers —...
Many auto dealers are charging over market adjustment prices for the vehicles on their lots today, but consumer interest and demand are still strong....
Mercedes-Benz USA second-quarter sales increase 6.9% YoY
Mercedes-Benz USA reported sales of 79,105 Mercedes-Benz passenger cars and 19,730 vans for the second quarter of 2022, bringing the company's total for the...
Wholesale used-vehicle prices decrease in June, supply stabilizes
According to the latest Manheim used-vehicle data, wholesale used-car prices dropped 1.3% from May to June. The supply of used cars has returned to...