Top stories
UAW workers at Ohio plant approve new contract with significant wage increases. Read More
Toyota and Pepco collaborate on V2G research for EVs. Read More
Fisker files for bankruptcy amid struggles in EV Market. Read More
Recurrent study reveals the effects of extreme heat on EVs. Read More
Featured Interview
Tom Maoli reveals insight into market trends, political implications, and business strategies
According to Edmunds, BMW led U.S. luxury sales in the first quarter. As elections quickly approach, what implications will they have for the high-end luxury car market? On today’s episode of Inside Automotive, Tom Maoli, president and CEO of Celebrity Motor Car, is here to share his thoughts on what we’re seeing in the market and economy today. Watch the full segment here.
How Van Horn Automotive Group is leading dealerships’ digital transformation Staying ahead means embracing innovation and digital transformation in a rapidly evolving automotive retail landscape. On the latest edition of Dealer Forward, Josh Bickerton, Director of Product Consulting at Dealertrack, is joined by Mark Watson, Vice President of Finance and Insurance Operations at Van Horn Automotive Group, who reveals how his dealership has harnessed the power of digital solutions to enhance efficiency, streamline operations, and elevate customer satisfaction. From integrating comprehensive tools within the Cox Automotive ecosystem to fostering a culture that embraces change, Van Horn Automotive sets new standards for dealership excellence in the digital age. Watch the full segment here.
For Dealers
The disconnect between sales and finance
In my three recent articles, “From the Fax Machine, to the Future: Auto Finance Disruption Time is Here,” “Digital Finance: Consumer Expectations and Today’s Digital Retail Reality,” and “Automotive Finance: The Adverse Impact of Declining Transparency,” I leveraged data from recent surveys of auto lenders and dealers to discuss the barriers to achieving the next generation of automotive finance. This included how inaccurate online payment quotes are generating alarming disconnects between quotes and fundable contract terms, and the adverse impact of declining lender transparency on the car buying experience. Read More
