Inside Automotive
Gearing up for NADA Show? Here’s what you can expect to see — Danny Renshaw
With the 2023 NADA Show arriving later this week, dealers are curious to know what will be presented by the show’s organizers. The last two years of automotive retail have been unpredictable for storefronts across the U.S., and with 2023 shaping up to be equally chaotic, business owners are looking for recommendations, guidance, and answers from the industry’s leaders. To explain what dealers can expect to see, Danny Renshaw, chairman of the NADA committee, joins host Jim Fitzpatrick on this episode of Inside Automotive. Watch the complete segment here.
Top Stories
General Motors is toying with the idea of a tiny truck. Automotive News reports that the automaker has envisioned having a two-door, low roof, and a bed that is about four to five feet long. The company unveiled the idea in an effort to generate a response from the general public with an emphasis on affordability. The initial designs are smaller than the smallest pickups currently available for sale in the U.S. Read More
BMW’s final tally for 2022 revealed a 108% increase to its EV deliveries, but a 4.8% drop in global sales. The success of the company’s electric lineup is hardly a surprise, as many automakers successfully grew their market share throughout last year. The German brand sold 215,755 battery-powered cars globally across its subsidiaries, twice what it sold the year before, 15,584 of which went to the U.S. Read More
Cobra manufacturer Shelby American is commemorating its founder with a custom 2023 Ford Mustang GT package. The 2023 Carroll Shelby Centennial Edition Mustang is a supercharged version of the flagship vehicle, featuring 750 horsepower, better engine cooling and various under the hood improvements. The package does not come with the vehicle itself, and certain trims are barred from qualifying for the outfit, but for a product usually restricted for high-income connoisseurs the upgrades come surprisingly cheap, starting at $49,995. Read More
Electric vehicle power supply manufacturer Tritium just received a fresh order for DC fast chargers from BP Pulse, the EV division of oil and gas conglomerate BP. The purchase means that as EV adoption rises and government-mandated dates to phase out combustion cars approach, there will soon be even more chargers available. According to BP Pulse CEO Richard Bartlett, “We’re looking forward to putting these chargers to work across three continents.” Read More
For Dealers
How to maximize & personalize dealership marketing in 2023
It’s a new year, but dealerships are faced with ongoing challenges that have spilled over from 2022. With limited inventory and few OEM incentives, dealers need to rethink how they approach their marketing efforts to maximize available opportunities in 2023. December’s monthly projected sales volume of 1.19 million units set a familiar tone for 2022, according to S&P Global Mobility reports. Read More
The last mile is where cars are sold
If you’re a Dealer, whether you’re headed to NADA or not, you’re being bombarded with emails from vendors about improving the Customer Experience (CX); from Customer Data Platforms to chat bots and connected retail experiences, they all want to talk to you about the same thing—CX. While these solutions can be powerful, you already have the ultimate weapon necessary to provide an exceptional experience to your Customers—your People. Read More
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