Tag: dealership news
October new vehicle sales to rise against UAW, economic headwinds
Cox Automotive predicts that new vehicle sales will rise in October despite ongoing economic and manufacturing headwinds.
According to the firm's forecast, new vehicle sales...
Stellantis to invest $1.58 billion in China’s Leapmotor, plans joint venture
Stellantis has announced a $1.58 billion investment into Chinese electric vehicle maker Leapmotor.
The investment will give the manufacturing conglomerate a 20% stake in the...
Maximizing dealership profits with first-party data — Jade Terreberry | Cox...
First-party data, customer information collected and stored by a business, is a powerful tool that allows companies to provide better, more efficient service. But...
The biggest takeaways from dealership and OEM third-quarter reports — Kevin...
Third-quarter reports from the big dealership groups and automakers are in, giving analysts insight into the impact of the ongoing United Auto Workers strike...
The role of brand storytelling in car dealership marketing
You might be wondering what brand storytelling actually means. To most marketers, brand storytelling involves using any marketing medium like video or marketing to...
October car sales ‘stronger than they appear’ forecasts S&P Global Mobility
Analysts at S&P Global Mobility expect U.S. car sales to rise by the end of October but have expressed concern for the automotive sector...
Why dealers should explore opportunities in the commercial vehicle segment —...
The commercial vehicle segment presents exciting new opportunities for dealers looking to serve a wider array of consumers and enter new markets. However, many...
General Motors’ Q3 report met with new United Auto Workers strike
General Motors on Tuesday included a revised profit forecast for 2023 in its third-quarter earnings report, published hours before the United Auto Workers union...
Hudson Automotive Group to acquire Vic Bailey Automotive of Spartanburg
Hudson Automotive Group is set to acquire South Carolina dealership group Vic Bailey Automotive.
According to a Monday press release, the two businesses have already...
How to bridge the gap between online and in-store experiences —...
In this new age of digital marketing, dealers must juggle two different car buying journeys: one being online and the other in-store. Although retailers...
