Tag: electric vehicles
Lotlinx launches inaugural Vincensus report
Lotlinx, a VIN-specific data company for dealership inventory management, has introduced its Quarterly Vincensus Report. This report is a comprehensive monthly/quarterly inventory analysis tool...
Biden administration imposes tariffs on Chinese products
The Biden administration has announced new tariffs targeting Chinese electric vehicles (EVs), advanced batteries, solar cells, steel, aluminum, and medical equipment, which will be...
What’s worth it on third party listing sites?
Third party listing sites offer a lot of products and packages that a dealer could invest in. I’ve been pitched more than a few...
Tesla offers 0.99% financing on Model Y to boost orders
Tesla has announced a limited-time offer of heavily discounted 0.99% financing on the Model Y in an effort to boost sales. CEO Elon Musk...
Global plug-In electric car registrations surge in Q1 2024
In Q1 2024, the global registrations of new passenger plug-in electric cars increased significantly by 25% compared to the previous year, with over 3.2...
Consumer demand shifts towards smaller vehicles due to affordability concerns –...
In today's episode of CBT Now, we delve into April sales and what they mean for the automotive industry's trajectory. Charlie Chesbrough, Cox Automotive...
The importance of customer service, growth, and community engagement – Jeff Rosen...
As we enter the second quarter of the year, we want to hear firsthand from dealers nationwide about the current state of affairs. On...
BP Pulse seeks expansion opportunities as Tesla cuts Supercharger network
Tesla's recent announcement to reduce its Supercharger business has caused a stir in the industry, affecting roughly 500 employees. As a result, other electric...
Ford faces ‘significant safety concerns’ over SUV recall
The National Highway Traffic Safety Administration (NHTSA) has expressed significant safety concerns regarding Ford's recall of over 42,000 SUVs due to fuel leak worries,...
VW CEO plants to introduce more plug-in hybrids as EV demand...
At the London Financial Times Future of the Car conference, Volkswagen (VW) CEO Thomas Schafer announced plans to introduce more plug-in hybrids alongside their...