Tag: dealership news
Far-left group claims responsibility for Tesla’s Berlin gigafactory ‘sabotage’
On March 5, Tesla was forced to close its Gigafactory in Berlin due to a massive power outage that might have resulted from an...
Toyota acquires control of PEVE, expands electric battery production
On March 5, Toyota announced its agreement with Panasonic Holdings to acquire one of its joint ventures and turn it into a wholly owned...
How a formal training program can help your dealership acquire and...
The automotive industry is facing a technician crisis, with the number of applicants willing or capable of working in a busy fixed-ops department continuing...
Ford, Honda, Hyundai sales rise in February, emphasizing strength of hybrids
Automakers posted strong U.S. sales this February on the backs of stable demand, stronger inventory, and increasing interest in hybrid and electric vehicles.
Ford sold...
Ford partners with dealers to award $2 million in grants to...
Ford and its dealers are committing $2 million in scholarships to combat the automotive industry's ongoing technician shortage in partnership with the TechForce Foundation.
The...
Nissan could save Fisker with $400 million investment
According to an exclusive Reuters report, Nissan is in extensive negotiations to invest in electric vehicle maker Fisker, potentially giving the struggling startup a...
Infiniti tops dealership customer engagement ranking in Pied Piper study
The 2024 Pied Piper PSI Internet Lead Effectiveness (ILE) Study, which assessed responses to online customer leads at 3,957 dealerships, highlighted Infiniti as among...
Hyundai-Amazon update puts dealers at the heart of online sales —...
Last year, Amazon and Hyundai announced a new partnership that would see the automaker's vehicles sold on the e-commerce giant's platform. The reveal left...
How dealers can combat auto fraud with AI – Kanchana Sundaram |...
For years, the retail automotive sector has battled persistent fraud, impacting dealers and buyers alike. On the latest episode of CBT Now, Kanchana Sundaram,...
Superchargers to appear on Rivian trip planner in March, adapters to...
Electric vehicle startup Rivian expects to connect its customers to Tesla Superchargers in the near future, with trip-planning support launching in March.
Starting this month,...