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Honda Motors slashes annual forecast amid weak China sales

Honda slashes annual forecast amid weak China sales

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Despite the setback, Honda Motors has shown resilience by adjusting its annual forecasts after its first-half earnings dropped, primarily due to weak performance in...
The New Automotive Commerce Collab from CDK uses open and universal technology and APIs to better connect OEM and dealer software.

CDK bridges longstanding gap between OEM and dealer shopping experiences with...

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AUSTIN, Texas – March 26, 2024 Due to friction created between the various technologies used by original equipment manufacturers (OEMs) and franchise dealers, consumers...
As the industry shifts its focus to larger, more expensive vehicles, Hyundai is positioning itself for affordability and practicality.

Opinion | Hyundai boldly bets on sedans: is the OEM a step...

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In a gesture of transparency, I confess that I own one of Audi's quickest sedans. The truth is that I'm biased toward sedans, sportbacks,...
Fordin Automotive has specialized services cater that to a diverse clientele, including OEMs, prominent dealer groups, and tech providers.

Fordin Automotive drives innovation in dealership management with DeelrPro BI unveiling

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Raleigh, NC (February 1, 2024) —Fordin Automotive, leaders in innovation in dealership SaaS, proudly unveils DeelrPro BI. Led by industry trailblazer Fred Fordin and...
Looking beyond the initial purchase price, the real-world ownership costs of EVs start to paint a different picture for consumers.

Opinion | The EV slowdown: a reality check amidst the hype...

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You’ve undoubtedly heard that Ford, the colossus of the car world, is slashing its F150 Lightning production in half due to slowing demand. GM and...
Given how life changed during and after lockdowns, the Hyundai and Amazon partnership is an indicator of where the industry is headed.

Opinion | Hyundai and Amazon: driving towards a digital future or...

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Well, we've expected this for some time: Hyundai and Amazon are doing a collab in 2024, and everyone from industry insiders to the average...
Hyundai and Amazon's new online car selling partnership: legal insights and dealer impact explored by attorney Len Bellavia.

Exploring the legality of Hyundai and Amazon’s new partnership with attorney...

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Starting next year, Hyundai dealers will be able to sell vehicles through the Amazon platform with other brands set to follow. Joining us on...
On the retail side of things, Hyundai sold 58,027 units in Nov., marking a 3% year-over-year increase from November 2022.

Hyundai reveals November sales surge, led by Santa Fe and IONIQ...

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Hyundai Motor America has reported its highest-ever November sales, totaling 70,079 units, marking an impressive 11% increase compared to November 2022. This achievement extends...
Dealers' EV concerns, auto retail gains, UAW campaign, Rivian leasing, and Sheehy Auto's charity— all in one article.

Weekly roundup: dealers confront Biden on EV policy, UAW expands unionization,...

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Earlier this week: Thousands of U.S. dealerships, operating as "EV Voice of the Customer," expressed concerns to President Biden about proposed emissions standards in...
Ford is committed to identifying cost-cutting measures, including a $12 billion scale-back in future electric vehicle (EV) investment.

Ford reissues 2023 guidance, reveals $8.8 billion cost of labor deal

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In its latest financial update, Ford Motor Company has reissued its 2023 guidance, a month after withdrawing it due to the ongoing labor strikes...