Tag: dealership news
Group 1 acquires 2 high-volume Lexus stores in California
Group 1 Automotive, one of the nation's largest and top-selling automotive retailers, announced the acquisition of Newport Lexus and Tustin Lexus from Wilson Automotive. The...
Tully Williams shares his blueprint for improving the dealership service experience
In the ever-evolving landscape of the automotive industry, the service drive has emerged as a critical touchpoint for dealerships to address customer needs and...
Automotive market forecast: trends, challenges, and opportunities in 2024 — Charlie...
The automotive market performed astonishingly well in 2023, exiting the year mostly unphased by inflation challenges, rising interest rates, labor strikes, and the electric...
Automotive brand loyalty winners fend off retention woes in 2023
Brand loyalty remains a critical factor in automotive marketing but has been declining for several years, making events such as S&P Global Mobility's Annual...
Alarm bells ring over Chinese vehicle imports from Mexico
The Alliance for American Manufacturing has expressed concerns in a recent report regarding the threat posed by low-cost imports of Chinese vehicles from Mexico...
New BYD luxury electric ‘supercar’ to rival Ferrari
China-based car manufacturer BYD has revealed new details and a launch timeline for its new premium electric "supercar," the U9, which it claims can...
How the dealer-OEM relationship affects customer experience — Andy Guelcher |...
Chevrolet is one of the most well-known General Motors brands, whose dealer body sets the standard for auto-retailing excellence. However, as the industry has...
Vehicle sales on track to rise in February as supply jumps...
New vehicle sales are predicted to rise in February, thanks to a combination of lower prices and better availability.
A joint forecast from J.D. Power...
New research highlights impact of dishonesty in the auto sales process
New research has identified a discrepancy in the rate at which customers experience dishonest practices during the car sales process and the percentage of...
What can conversational AI achieve for your dealership? — Cole Kutschinski...
Conversational artificial intelligence (AI) is a new and swiftly evolving tool that can speed up the sales process and improve customer retention within the...