Inside Automotive
Exploring the legality of Hyundai and Amazon’s new partnership with attorney Len Bellavia
Starting next year, Hyundai dealers will be able to sell vehicles through the Amazon platform with other brands set to follow. Joining us on today’s show to discuss this partnership and what it could mean legally for dealers is Len Bellavia, founding partner of the law firm of Bellavia Blatt, PC also known as DealerLaw.com. Watch the full segment here.
Top stories
Jaguar Land Rover shared details and first images of the upcoming Range Rover Electric ahead of its scheduled release next year alongside a new promotional video earlier this week. The Range Rover Electric features an 800-volt architecture that delivers a variety of performance improvements and enables rapid charging. Similar to the company’s gas-fueled products, the model has been configured to endure a variety of terrains and environments. The vehicle will also be the “quietest” Range Rover model, which the automaker explains is achieved through “a unique active road noise cancellation configuration and sound design…” Read More
General Motors has revealed its plans to lay off approximately 1,300 workers in Michigan starting in early 2024. The decision is connected to the company’s recent decision to stop producing vehicles. On December 14, the Detroit automaker filed a WARN notice indicating that it would cut 945 jobs, effective January 15, at its Orion Assembly plant in Orion Township, Michigan. Read More
New vehicle supply has made a substantial recovery throughout 2023, culminating in December’s initial inventory total of 2.56 million units, the highest levels seen since early 2021. That number represents a 57% year-over-year increase from the year-before period and a gain of roughly 6.7% from early November, according to Cox Automotive. Last month’s average days’ supply started at 69 days and ended at 70 but rose once more to 71 at the start of December. The increase in new vehicle supply coincided with an increase in sales, which rose 2% month-over-month and 7% from November 2022. Read More
On December 15, the National Highway of Traffic Safety Administration’s (NHTSA) U.S. Office of Defect Investigation (ODI) announced its plan to initiate a preliminary investigation into over 450,000 Nissan Rogue, Altima, and Infiniti Qx50 vehicles. Several vehicle owners have reported engine failures, loss of power, engine knocking noises, metal chunks, and shavings found in the oil pans of cars equipped with the KR15DDT and KR20DDET engines. Read More
For Dealers
How to be a better car salesperson in the new year
Gone are the days when aggressive selling methods were the norm; today, the retail automotive industry is transitioning towards a more consultative, client-centric approach. This change is fueled by innovative technologies, evolving customer preferences, and economic shifts. Success in car sales now demands a nuanced understanding of these changes and an ability to adapt. In this article, we offer insights into how the role of the car salesperson is being reimagined in the context of today’s market realities. Read More
The mentorship mindset: how effective leaders nurture the growth of their teams
Sharp leaders realize that success comes from developing people to their fullest potential. It’s an approach requiring a mentorship mindset. Exceptional leaders recognize that their roles extend far beyond overseeing daily operations and concentrating on KPIs and other metrics. By providing individualized guidance, managers and executives can support and inspire their teams for personal and professional growth. There’s another benefit to a culture of mentorship: a sharper competitive edge for your dealership. Here’s how to put this concept into practice. Read More
