Top stories
Chevy issues third recall for Bolt EV and EUV diagnostic software. Read More
Tesla faces first back-to-back quarterly decline in deliveries. Read More
Mercedes-Benz adjusts strategy to address challenges in the EV market. Read More
Polestar faces revenue decline and increased losses. Read More
Featured Interview
How retained earnings are driving the automotive buy/sell market – Ryan Kerrigan | Kerrigan Advisors
On today’s episode of Inside Automotive, we’re diving into the red-hot automotive buy/sell market with Ryan Kerrigan, Managing Director of Kerrigan Advisors. With projections showing potential for over 400 transactions this year, breaking all previous records, it’s clear that despite some dips in profit margins, the industry is alive with activity and investment. Join us as we explore the factors driving this unprecedented surge and what it means for dealerships nationwide. Watch the full segment here.
The lucrative opportunities in the commercial vehicle market – Kathryn Schifferle and Jim Press
In a rapidly changing automotive landscape, the key to success lies in embracing new opportunities. In today’s episode of Driving Solutions, Kathryn Schifferle, the founder and Chief Vision Officer of Work Truck Solutions, and Jim Press, senior advisor of Work Truck Solutions and former President of Toyota NA and president/Vice-Chair of Chrysler, delved into the transformative potential of the commercial vehicle market. Their insights highlight how dealers can navigate current challenges and leverage emerging trends to drive profitability and growth. Watch the full segment here.
For Dealers
The impact of urbanization on dealerships
As cities expand and urban living becomes the norm, dealerships must adapt to the changing mobility needs. Urbanization brings unique challenges and opportunities, from the rise of micro-mobility solutions to evolving service needs. As dealership owners and operators, understanding these trends and implementing effective strategies can make all the difference in staying ahead in this dynamic market. Read More
