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Stellantis saw global sales and revenue rise in the third quarter but was hindered by the UAW strike and slowing U.S. demand.

Stellantis scores third quarter wins but fumbles U.S. market

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Stellantis continued to project strength throughout the third quarter as global sales and revenues improved but was hindered by labor strikes and worsening demand...
Panasonic has cut electric vehicle battery production and lowered its profit guidance amidst growing fears of slowing demand.

Panasonic cuts electric vehicle battery production amidst demand fears

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Japanese tech manufacturer and Tesla supplier Panasonic has reduced electric vehicle battery production, sparking fears of an electric vehicle slowdown. In its earnings report released...
Nathan Fox joins CBT News at the 2023 Digital Dealer conference to discuss the power of merchandising and product storytelling.

Merchandising vehicles through story — Nathan Fox | Cox Automotive

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Merchandising is a crucial component of any retail operation, especially in the age of digital commerce, where customers often have little to no access...
Jessica Stafford joins CBT News at the 2023 Digital Dealer conference to discuss emerging consumer preferences affecting how cars are bought.

How are consumer preferences changing in response to digital retailing? —...

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Consumer preferences have evolved rapidly in the retail automotive sector, completely changing how cars are shopped and sold in the last three years alone....
General Motors reached a tentative deal with the United Auto Workers union early Monday following last week's Ford and Stellantis deals.

General Motors establishes tentative deal with UAW

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General Motors reached a tentative deal with United Auto Workers leaders early Monday morning, signaling the end of the union's six-week strike against Detroit...
Stellantis on Saturday reached a deal with the United Auto Workers union which includes a 25% pay raise and cost of living adjustments.

Stellantis strikes second United Auto Workers deal

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Stellantis became the second Big-Three manufacturer to reach a tentative deal with the United Auto Workers union over the weekend, ending more than 40...
John Campos and Brian Pasch join Driving Solutions to discuss the connection between modern marketing technology and premium data.

How to modernize your dealership’s marketing technology — John Campos &...

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The modern economy is a complex system that requires retailers to be well-versed in marketing technology and data collection. This is especially true for...
Ford saw third-quarter earnings rise over the previous year but withdrew its full-year guidance amidst labor and electric vehicle concerns.

Ford earnings underwhelm analysts, automaker postpones EV investments

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Ford on Thursday retracted its full-year earnings guidance after posting an underwhelming third-quarter report. The announcement came on the same day company executives reached...
Dealership groups continued to build on their early-year successes in the third quarter but struggled to sustain profits from 2022.

Dealer groups show resilience in Q3 despite profitability pressures

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Dealership groups across the U.S. broke multiple performance records in the third quarter, highlighting retail automotive's unanticipated resilience in the post-pandemic era. Lithia & Driveway...
Eric DeMont joins CBT News to discuss the issue of lead defection and a new solution that could help dealers save money and time.

Resolving lead defection through artificial intelligence — Eric DeMont | Urban...

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Lead defection is a frustrating problem for dealers, resulting in wasted money, time and effort. However, while retailers have historically had few remedies at...