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The Phoenix-based Nikola, which produces Class 8 trucks with battery and hydrogen power, recalls 209 Tre BEV trucks and has temporarily stopped new sales.

Nikola launches probe into 209 Tre BEV trucks, halts sales over...

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The Phoenix-based truck manufacture, Nikola, who produces Class 8 trucks with battery and hydrogen power, is recalling 209 Tre BEV trucks and has temporarily...
Randy Barone, Vice President of Business Development at ACV, and Doug Hadden, ACV Vice President, discuss managing EV inventory.

Q&A with ACV: Managing used EV inventory for greater sales success

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As the automotive industry experiences a rapid acceleration of electric vehicle trends, dealerships must adapt to this changing landscape to seize new business opportunities....
Automotive industry experts at Experian have reported a leveling off of new car cash deals but a rise for used car transactions.

More cash deals than ever in ’23—How to turn a negative...

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‘I can’t wait to take the next cash deal!’ said no F&I manager EVER. Most see them as a ‘dead’ deal where there is little...
Minority-owned stores now total 1,476 stores scattered throughout the U.S., which is almost 9% of all franchised dealers.

The U.S. retail automotive industry added 110 minority-owned stores in 2022,...

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According to the National Association of Minority Automobile Dealers (NAMAD), the automobile industry added an impressive 110 minority-owned stores in 2022. Minority-owned stores now...
This week: Bill Ussery Motors sells dealerships for $150M, Rivian's Q2 gains, UAW President challenges Stellantis, and more automotive news.

Weekly roundup: UAW President blasts Stellantis for ‘trash’ proposal, Mercedes-Benz dealerships...

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Earlier this week: Bill Ussery Motors sold its Mercedes-Benz dealerships in Cutler Bay and Coral Gables to affiliates of Dream Motor Group, for a...
AI artificial intelligence

How AI is revolutionizing automotive sales and marketing

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The auto industry has always been a trailblazer in adopting cutting-edge technology in manufacturing, marketing, and in vehicles. Artificial intelligence (AI) is now driving...
M&A activity continued to flourish in July, with Lithia Motors and other auto groups making notable purchases throughout the U.S.

Ken Garff scoops up 7 Hawaiian dealerships, Lithia Motors purchases Ford,...

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M&A activity continued to flourish in July, with Lithia Motors and other auto groups making notable purchases throughout the U.S., which include the following...
Car shopping doesn't have to be stressful. With the right approach, you can help turn it into a fun, engaging, and empowering experience.

How to make car shopping more fun for your customers

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Car shopping should be e­njoyable, not intimidating. As a dealership owne­r, your job goes be­yond simply selling a car. It includes providing helpful advice­...
digitalization employment

How will digitalization affect employment in the auto industry?

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The automotive industry has been contributing to the global economy for many years, and this is largely in part due to the employees working...
Many dealers are already benefiting from AI. In a survey by CDK Global, 76% of dealers said they believe AI has positively impacted their business.

Large language models, AI to offer dealers opportunities to increase their...

Artificial intelligence has become a normal part of our lives, powering mapping apps, customer service chatbots and more. Dealerships have been taking advantage of...