Tag: dealership news
CDK Global promises full restoration of services after cyberattacks
CDK Global announced that its services should be fully operational by Thursday, following two cyberattacks on June 19. These attacks forced many dealers to...
BYD sets new sales record for plug-in EVs in June
BYD, the Chinese electric vehicle manufacturer, set a new monthly sales record in June, surpassing its previous highest result from December 2023. The company...
Why a positive company culture is essential for success – John...
You’ve heard it before- not all managers are leaders. On today’s episode of CBT Now, we’re exploring what it truly means to lead an...
Smart shopping: A guide for buyers and dealers alike
Whether in the market for a new car or managing a dealership, understanding the ins and outs of smart shopping can make all the...
CDK Global progresses cyberattack recovery with key dealers back online
CDK Global made significant strides in its cyberattack recovery efforts, bringing a second small group of dealer customers and a major public dealership group...
Mercedes-Benz adjusts strategy to address challenges in the EV market
Mercedes-Benz Group is preparing to introduce many new models over the next two to three years as it addresses the shortcomings of its first...
Polestar faces revenue decline and increased losses
Swedish EV maker Polestar reported a decrease in 2023 revenue and widened losses due to slowing demand for its higher-priced models. U.S.-listed company shares...
Are Honda and Volkswagen betting against the franchise model? — John...
Dealers have grown increasingly worried that automakers such as Volkswagen and Honda will choose to sell their upcoming electric vehicles through a direct-sales system rather than...
How retained earnings are driving the automotive buy/sell market – Ryan...
On today's episode of Inside Automotive, we're diving into the red-hot automotive buy/sell market with Ryan Kerrigan, Managing Director of Kerrigan Advisors. With projections...
The lucrative opportunities in the commercial vehicle market – Kathryn Schifferle...
In a rapidly changing automotive landscape, the key to success lies in embracing new opportunities. In today's episode of Driving Solutions, Kathryn Schifferle, the...