Tag: car dealership

In an effort to reduce running costs and preserve cash before launching a second model next year, EV startup Lucid plans to lay off...

Even though electric vehicle (EV) adoption is growing, one issue remains a roadblock: the lack of enough EV chargers. According to a McKinsey report,...

Today, sales managers usually have two roles. First, they have to manage and administer the sales team. Second, they are also expected to demonstrate...

The automotive industry remains vulnerable to economic uncertainty and cyclicality in demand due to reduced consumer purchasing power. While per-unit profitability is now almost...

It's easy for business leaders and owners to get caught in the here-and-now instead of planning for the future, especially in light of the...

Demand is a slippery road. Sometimes the wheels spin, but the vehicle doesn’t move. So you lower the price to get some traction. But...

Every dealership in the new post-lockdown COVID world has had to deal with staff turnover and the fallout from what most economists have dubbed...

As social media platforms continue to evolve and gain popularity, businesses are constantly looking for new ways to engage with customers and build their...

Customer experience is the number one brand differentiator. It is the holistic perception of customers and their interactions with an organization and its products and services...

Market share isn’t driven by world events. It has nothing to do with the price of gas, Putin’s war, or rising interest rates. Good...