Tag: dealership news
UAW workers at Ohio plant approve new contract with significant wage...
United Auto Workers (UAW) members at the Ohio plant supplying battery cells for General Motors' electric vehicles have overwhelmingly approved a new contract, marking...
Fisker files for bankruptcy amid struggles in EV Market
The electric vehicle startup Fisker has filed for bankruptcy, marking the second time an automotive venture by car designer Henrik Fisker has gone bust....
Recurrent study reveals the effects of extreme heat on EVs
As the U.S. braces for brutal heat waves, new findings from battery range experts at Recurrent reveal how high temperatures impact the electric vehicle...
Tom Maoli reveals insight into market trends, political implications, and business...
According to Edmunds, BMW led U.S. luxury sales in the first quarter. As elections quickly approach, what implications will they have for the high-end...
How Van Horn Automotive Group is leading dealerships’ digital transformation
Staying ahead means embracing innovation and digital transformation in a rapidly evolving automotive retail landscape. On the latest edition of Dealer Forward, Josh Bickerton,...
The disconnect between sales and finance
In my three recent articles, “From the Fax Machine, to the Future: Auto Finance Disruption Time is Here,” “Digital Finance: Consumer Expectations and Today’s...
Dealer principal warns: affordability challenges loom for car buyers – Cole...
Independent dealers typically have a price advantage that is attractive to consumers, especially now as inflation remains high. Cole Frankman, Dealer Principal of Frankman...
The role of mentorship in creating diverse leadership — Sean Johnson...
As American society has become more diverse, so too has the automotive landscape, with dealers, manufacturers, and suppliers welcoming minorities in increasing numbers. However,...
Alleviating frustrations in F&I departments for enhanced customer satisfaction and profitability
Introduction
The Finance and Insurance (F&I) department, a critical component of any automotive dealership, plays a pivotal role in driving profitability. We all know the...
Tesla shareholders approve Elon Musk’s $56 billion pay package
In a significant show of support for CEO Elon Musk's leadership, Tesla shareholders have approved his $56 billion pay package, marking a big incentive...
