Tag: dealership news
Weekly roundup: Ford averts UAW strike, Fisker expands dealer network, Cruise...
Earlier this week: Ford narrowly averted a UAW strike at its Kentucky Truck Plant by reaching a tentative agreement. A ratification vote is pending...
UAW to spend $40 million on unionization campaign over next 2...
The United Auto Workers (UAW) union is now committed to spending $40 million on its labor organization campaign, which is currently underway at non-union...
Electric vehicle startups post mixed Q4 earnings results
Three electric vehicle startups, Lucid, Rivian, and VinFast, posted their fourth-quarter results this week amidst a backdrop of souring forecasts on the battery-powered car...
New study debunks range anxiety myth for EVs
Since introducing electric vehicles (EVs) to the automotive sector, several consumers have lingered around the prevalent issue of range anxiety.
Range anxiety refers to the...
Understanding the latest dealership marketing trends — April Simmons | Horne...
Dealership marketing trends have evolved rapidly in recent years as consumer preferences and industry conditions have changed. With so much to keep track of,...
How the car market is adjusting to interest rates and inflation...
In 2023, the U.S. faced increased interest rates and rapid inflation, both of which placed heavy pressure on car buyers and retailers alike. On...
UAW strike on hold after Ford reaches tentative agreement with union
Ford has reached a tentative agreement with United Auto Workers (UAW) members at its Kentucky Truck Plant, narrowly avoiding the deadline to prevent another...
NADA appoints new senior advocacy staff members
The National Automobile Dealers Association (NADA) has declared several changes to its leadership team, including appointing an executive vice president for public policy. The...
Stellantis CEO Tavares outlines plans for improvement in 2024
On February 20, Stellantis CEO Carlos Tavares recently spoke to reporters about the company's performance and plans for improvement. He acknowledged areas where Stellantis...
Dealership service revenue increases in January
Fixed-ops revenue and service demand ticked up in January, offsetting the impact of declining car prices seen throughout the month.
Data from Cox Automotive indicates...