Tag: car dealer news
Better inventory, bigger prices: What Q1 reveals about the 2023 car...
The car market's strong first-quarter performance surprised many auto industry analysts who expected demand and production to remain suppressed well into the year. However,...
Investment firm foresees financial struggles for Rivian, cuts price target by...
Piper Sandler believes that in order to compete with Tesla, Rivian, an EV manufacturer, must address finance issues.
On Thursday, April 13, the company lowered...
Automakers expand off-road vehicles to boost SUV and truck profits
Automakers such as General Motors, Ford, and others have been expanding their off-road vehicle offerings as a way to boost profits on their trucks...
Average transaction price drops below MSRP for first time since 2021
New data from Cox Automotive reveals that the average transaction price (ATP) for new vehicles has fallen below MSRP for the first time in...
Creative dealership marketing strategies that appeal to young customers — Kevin...
It’s crucial to engage with young consumers today as they are tomorrow’s buyers. On today’s Inside Automotive, we’re pleased to welcome back the Marketing...
The EPA introduces a new tailpipe emissions proposal to boost EV...
The U.S. Environmental Protection Agency (EPA) on April 12, recommended substantial emission reductions for new vehicles and trucks through 2032. The agency claims that...
March auto credit trends a mixed bag, overall accessibility improves
Auto credit accessibility improved slightly in March but continued to score lower compared to last year, according to a new Cox Automotive report.
The research...
Despite a small decline in Q1 sales, BMW remains on track...
Despite a decline in demand in the first quarter, BMW said it remains on track for slightly higher sales this year.
Whereas, EV sales increased...
How will new EPA regulations change the auto industry?
On Wednesday, Apr 12, 2023, The U.S. Environmental Protection Agency, EPA, is set to announce new regulations intended to bring EV market share to...
Polestar delivers 12,000 vehicles in Q1, still on track to reach...
After delivering approximately 12,000 vehicles in the first quarter, Polestar, a Swedish EV manufacturer famed for its Scandinavian simple style, said it is still...
