Is sealing the deal and making that sale the endgame? Think again. Today, the real battle for customer loyalty starts after the car leaves your lot. You may have a...
Japan's Honda announced a 23% increase in first-quarter profit, driven by a weaker yen, higher pricing, and robust hybrid vehicle sales in the U.S. and its home market. The automaker's...
TrueCar reported improved financial results in the second quarter despite facing vehicle sales slowdowns among dealers affected by the CDK Global cyberattacks. The vehicle listings company posted a net loss...
Cox Automotive has announced an expanded leadership role for Executive Vice President and Chief Marketing Officer Ken Kraft, who will oversee the company’s sales organization. Kraft will continue to report...
In 2024, franchised new car dealerships face many challenges to their operations. The automotive sales landscape is more competitive than ever, from economic uncertainties to shifting consumer behaviors to rapid...
Lucid announced on August 5, 2024, that its largest shareholder, Saudi Arabia's Public Investment Fund (PIF), will inject up to $1.5 billion in cash to ramp up production of a...
Nissan is set to reduce its U.S. salaried workforce through a voluntary severance program as the automaker faces declining fortunes in its second-largest market. The program targets white-collar employees, with...
Uber exceeded Wall Street estimates for second-quarter revenue and core profit, driven by steady demand for its ride-sharing and food-delivery services. The company’s shares rose 5% in pre-market trading following...
As we wake up to the ominous headlines of August 5th, we’re clearly staring down a potential Black Monday. Stock markets worldwide are in turmoil, with Japan experiencing its most dramatic...
In a significant move to boost electric vehicle (EV) sales, Ford has reintroduced a $1,500 United Auto Workers (UAW) discount for its 2025 models, including the F-150 Lightning and Mustang...