Tag: car dealers
Toyota focuses on fuel cell and hybrid vehicle manufacturing despite criticism
Toyota is one of the largest companies in the auto industry, even without the production and manufacturing of electric vehicles. Critics have their eyes...
Tesla cuts 10% of workforce and cancels hiring events
The global economy and steadily rising inflation are proving to be harmful to everyone, including the CEO of Tesla, Elon Musk. In fact, this...
How to foster outstanding customer retention at your dealership – Paul...
Car dealers have learned now, more than ever, about the importance of customer retention within their dealerships. Today on Inside Automotive, we're joined by...
Automakers send letter requesting Congress to lift EV tax credit cap
A recently written letter addressed to Congress urged lawmakers to omit or change the electric vehicle tax cap. Companies that produce electric vehicles currently...
Study finds Americans are driving less as gas prices soar
California's price for a gallon of regular unleaded gasoline hovered around $6.42 per gallon on Tuesday, the highest fuel price in the country. The national average...
Wholesale prices rose 10.8% in May due to inflation pressures
Inflation has been affecting the world for years; however, rates have skyrocketed over the last few months. Wholesale prices are also increasing significantly, which...
What legal protections do franchise dealers have against direct manufacturer sales?...
Automakers have made some bold moves concerning electric vehicles, with many franchise dealers wondering if the future of their business is in jeopardy. Today...
CNCDA Pres. Brian Maas on protecting the future of the dealer...
Welcome to another edition of Inside Automotive with anchor Jim Fitzpatrick. Today, we’re pleased to welcome back Brian Maas, President of the California New...
Certified pre-owned sales decline in May after four consecutive months of...
Sales of certified pre-owned vehicles fell by 7% from sales posted in April 2022, according to industry expert Cox Automotive. The year-over-year decline is...
Commercial EV startup Electric Last Mile Solutions faces new financial challenges
After a grueling start to the year, commercial electric vehicle company Electric Last Mile Solutions will cut its losses. On June 12, interim CEO...