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

investor day Ford

Ford reveals plans to ramp up EV production and boost profits

- May 23, 2023
On May 22, Ford presented its case to Wall Street at an investor event by outlining its plan to build millions of EVs while expanding its traditional operations.  Ford's CEO, Jim...
A Michigan dealership has adopted a payment system making electric vehicle charging more expensive for local drivers

Dealer charges drivers by minute to use new EV charging stations

- May 23, 2023
A Michigan dealership has adopted a payment system making electric vehicle charging more expensive for local drivers. Initially, Williams Hyundai of Lansing, Michigan,  charged customers $1 per minute to use its...
Car buying demographics in the U.S. are evolving, and attracting first-time car buyers, particularly millennials, is increasingly important.

Attracting first-time car buyers: How to understand the needs of younger customers

- May 23, 2023
First-time car buyers, particularly millennials, are becoming an increasingly influential demographic in the auto retail industry. Previously, experts underestimated the interest of this generation in vehicle ownership. However, they have...
KPMG has shed more light on the relationship between electric vehicle hesitancy and the market's limited ability to address consumer needs

Massive EV demand stifled by prices, driving range concerns

- May 22, 2023
New research from professional services provider KPMG has shed more light on the relationship between electric vehicle hesitancy and the market's limited ability to address consumer needs. According to the company's...
Ford revealed multiple agreements with lithium suppliers which it says will allow for a massive increase in electric vehicle production

Ford announces several new deals with lithium suppliers

- May 22, 2023
Ford has revealed multiple agreements with lithium suppliers which it says will allow for a massive increase in electric vehicle production. Five partners were named in the announcement, each of whom...
Dallas attendance

Dallas dealer partners with high school to boost attendance with car giveaways

- May 22, 2023
In Dallas, Texas, a used car dealership gave away a 2016 Jeep Patriot to a high school sophomore with perfect attendance.  Faith Family Academy, a charter school, teamed up with the...
Escalade Cadillac

GM confirms plans to release electric Cadillac Escalade later this year

- May 22, 2023
General Motors has confirmed the release of an all-electric version of its flagship Cadillac Escalade later this year.  The Detroit automaker said the new SUV would be called the "Escalade IQ,"...
A keen salesperson will know that closing the sale isn’t a one-size-fits-all situation. Here are some approaches to consider.

Car sales tips: The most effective ways to simplify closing the sale

- May 22, 2023
Endless time with a customer hopefully leads to one thing, closing the deal. But, often this essential task gets treated as an afterthought. Or gets passed on to someone else...
McGovern Automotive

McGovern Automotive adds CDJR dealership, Asbury sells Acura store in Texas

- May 22, 2023
The buy/sell market for dealerships is a dynamic environment influenced by various factors, including economic conditions, consumer preferences, manufacturer requirements, and regulatory changes. Despite the ongoing economic challenges from the...
Toyota is urging other automakers to continue developing hybrid vehicles over concerns that full-scale electrification is unsustainable

Toyota warns against full-scale electrification, says hybrids still needed

- May 19, 2023
Toyota executives are urging other automakers to continue developing hybrid and alternative-fueled vehicles, citing concerns that the industry's rush toward electrification is unsustainable. Ahead of the G7 summit in Japan, Toyota...


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