Tag: dealership news
Iveco loosens ties with Nikola, acquires full ownership of joint venture
Iveco is set to loosen its ties with U.S. startup Nikola as it purchases the full ownership of their joint venture, which develops battery...
Weekly roundup: Toyota commits to EVs, aftermarket service disappoints, Fisker’s EV...
Earlier this week: EV maker Fisker announced its Ocean SUV will come equipped with swappable batteries in 2024, April U.S. auto sales improved year-over-year,...
Federal Reserve raises interest rates, says economy is ‘closer’ to end...
Although May 3 saw interest rates rise for the tenth time since March 2022, the Federal Reserve has seemingly adopted a new stance on...
The importance of integrating your CDP, CRM and digital retailing tools...
On the last episode of Auto Marketing Now, host Brian Pasch, founder of PCG Companies and auto marketing expert, took a closer look and...
Stellantis makes progress in Q1, sees easing semiconductor shortage
Higher prices and stabilizing supply chains allowed Stellantis to push first-quarter revenues and shipments ahead of their 2022 numbers.
The automaker reported net revenues of...
Digital retailing: What makes a good eCommerce platform? – Ryan Osten...
Digital retailing has become particularly popular among car dealers and consumers over the last three years. But to remain competitive, dealers must not only...
Hyundai and Kia see sales growth over April, gain steam after...
Hyundai and Kia continued to see strong U.S. sales post-first-quarter, according to April sales reports released Tuesday, May 2.
Hyundai's monthly U.S. sales totaled 70,812...
Do manufacturers actually want to replace the franchise system? – Don...
Dealers are increasingly worried that the franchise system is under attack from major OEM brands, who may stand to gain more from a direct-sales...
New interest rate hike likely for May, but relief may still...
The Federal Reserve is set to deliberate another interest rate hike starting May 2 after inflation edged upward once more.
The increase would bring the...
Could low sales push automakers to abandon the EV market? –...
All eyes are on the electric vehicle market as automakers, politicians and consumers push for clean energy. But what do the numbers actually show...
