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Inside Automotive:
NADA Chairman Mike Alford on EVs, OEM direct sales, and supply issues
It has been an incredible time in retail automotive for car dealers. Sales have been strong, considering the...
It’s crucial for car dealers and managers to understand what’s going on in each department of the dealership. For Brandon Apon, the General Manager of Mall of Georgia Mazda (Hendrick...
LMP Automotive Holdings, Inc. and its affiliates announced on Monday that it has entered into an all-cash asset sales agreement to sell several automotive dealerships in Florida and West Virginia...
Vroom exceeded Wall Street expectations for its second-quarter earnings. The retailer reported a $0.83 decrease per share and a loss of $115.1 million. However, earnings jumped 5.19%, and the company posted...
While inflation is widely in effect across the country, dealerships have continued to mark up vehicle prices beyond the recommended MSRPs. In May this year, 80% of consumers paid at...
Inside Automotive:
How GM Brandon Apon is modifying recruiting strategies to attract more staff
It’s crucial for car dealers and managers to understand what’s going on in each department of the dealership....
Jeff Wyler Automotive Family recently launched a 100% online car buying solution to compete directly with disruptors like Carvana and Vroom. Kevin Frye, the Marketing Director at Jeff Wyler Automotive...
Automakers are ramping up their joint-ventures, especially in 2022. Automakers are partnering with domestic and foreign suppliers of EV battery components to lower the cost of EV materials and increase...
Electric cars are growing in popularity. With each coming month, more and more Americans are growing warmer to the idea of owning an electric car, but there are still some...
Yesterday, President Joe Biden signed the bipartisan CHIPS and Science Act legislation into law, intending to increase American semiconductor competitiveness with China. The plan provides billions in tax incentives to stimulate investment...