TSLA360.590-20.67001%
GM72.540-2.5%
F11.590-0.09%
RIVN15.4000.46%
CYD39.410-0.08%
HMC24.150-0.16%
TM207.010-2.66%
CVNA313.5481.45799%
PAG149.3400.18%
LAD251.8201%
AN197.680-0.29%
GPI329.450-1.34%
ABG194.7600.73%
SAH64.870-0.38%
TSLA360.590-20.67001%
GM72.540-2.5%
F11.590-0.09%
RIVN15.4000.46%
CYD39.410-0.08%
HMC24.150-0.16%
TM207.010-2.66%
CVNA313.5481.45799%
PAG149.3400.18%
LAD251.8201%
AN197.680-0.29%
GPI329.450-1.34%
ABG194.7600.73%
SAH64.870-0.38%
TSLA360.590-20.67001%
GM72.540-2.5%
F11.590-0.09%
RIVN15.4000.46%
CYD39.410-0.08%
HMC24.150-0.16%
TM207.010-2.66%
CVNA313.5481.45799%
PAG149.3400.18%
LAD251.8201%
AN197.680-0.29%
GPI329.450-1.34%
ABG194.7600.73%
SAH64.870-0.38%


Articles

So, how can dealerships empower their service teams to drive customer satisfaction and retention? Let’s review strategies.

Empowering dealership service teams to drive customer satisfaction post-sale

- August 8, 2024
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...
Honda operating profits (yen)

Honda reports 23% Q1 profit increase amid strong U.S. hybrid sales and weaker yen

- August 7, 2024
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 CDK Global

TrueCar’s net losses shrink despite CDK Global cyberattack impact

- August 7, 2024
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...
Before joining Cox Automotive, Kraft led marketing and sales operations at Cox Business, the commercial services of Cox Communications.

Cox Automotive expands Ken Kraft’s role to lead sales and marketing

- August 7, 2024
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 car dealerships face challenges due to economic uncertainties, consumer behaviors, and rapid technological advancements.

Practical ways to boost sales

- August 7, 2024
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 $1.5B in cash

Lucid secures $1.5 billion investment from Saudi Arabia’s PIF to boost SUV production

- August 6, 2024
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 cut its U.S. salaried workforce through a voluntary severance program as it faces declining fortunes.

Nissan cuts U.S. salaried workforce amid market struggles

- August 6, 2024
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 Q2 revenue and core profit, driven by steady demand for its ride-sharing and food-delivery services.

Uber beats wall street estimates with strong Q2 performance

- August 6, 2024
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, we’re clearly staring down a potential Black Monday. Stock markets worldwide are in turmoil

Navigating the storm: How the global stock market meltdown could impact auto dealerships

- August 6, 2024
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 UAW discount for its 2025 models.

Ford reintroduces $1,500 UAW discount for 2025 EV models

- August 5, 2024
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...


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