Tag: car dealers
CEO Akio Toyoda doubles down on Toyota’s long term EV targets
Toyota recently held its annual dealer meeting in Las Vegas, during which the company's CEO, Akio Toyoda, made statements about the automaker's electrification strategy....
Maserati unveils new GranTurismo Folgore with both electric and gas-powered options
Maserati has unveiled the GranTurismo Folgore, the first all-electric grand touring sports car and one of three versions of the maker's new all-wheel drive...
The Future of Flying Cars: Separating fact from fiction
The idea of flying cars has occupied humankind’s imagination for more than a century, with the 1917 Curtis Autoplane being one of the earliest...
New York joins California to ban sale of new gas-powered cars...
New York will mandate all new vehicle purchases in the state to be zero-emission starting in 2035. New York Governor Kathy Hochul made the...
Lordstown Motors starts production of Endurance electric pickup after delay
Lordstown Motors announced it has started commercial production on its highly anticipated Endurance EV pickup. The relatively new company received initial financial backing from...
CarMax Q2 earnings fall short, says inflation is shrinking car demand
CarMax saw its stock plummet after an announcement that it missed second-quarter earnings expectations. Shares dropped nearly 25%, marking a new 52-week low. CarMax...
Porsche and Atlis Motor Vehicles finalize IPOs
Welcome to this episode of The Friday 5 with Steve Greenfield, Founder and CEO of Automotive Ventures, an auto technology advisory firm that helps...
How declining new vehicle affordability is rattling consumer budgets
Vehicle affordability has become a massive obstacle that car buyers must overcome. The problem has loomed large and shows no signs of slowing up...
Cox Automotive Forecast: Third-quarter US auto sales mostly unchanged from 2021
In preparation for the end of the month sales results, Cox Automotive has lowered its full-year new vehicle sales forecast to 13.7 million units,...
Does your car dealership need a mobile app?
A dealership-branded mobile app serves as an excellent retention tool and has been adopted by many stores, large and small. Although it creates value...