Tag: car dealership
Tesla makes up 70% of self-driving vehicle crashes in U.S. according...
According to data from U.S. auto safety regulators, Tesla is leading all self-driving cars in reported crashes for this last year. There have been...
Dealer Paul Sansone Jr. puts a new spin on subprime leasing...
Dealers continue to face limited inventory conditions and are looking for additional revenue channels within their stores. Today on Inside Automotive, we’re pleased to...
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...
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...