Top Stories
Used-vehicle inventory rebounds in April as prices continue climbing. Read More
GM launches Collision Assistance tool across brand mobile apps. Read More
Tesla hikes Model Y prices in U.S. market. Read More
Mercedes-Benz CEO tells WSJ automaker is open to defense production. Read More
Featured Interviews
From Iran war to inventory crunch: Tom Maoli breaks down industry pain points
From global headlines to policy changes, the automotive industry is bearing the brunt. Joining us on today’s Inside Automotive episode is Tom Maoli, CEO of Celebrity Motor Car in New Jersey, to discuss how global instability, including the war in Iran, is impacting consumer confidence, vehicle pricing, and supply chain conditions in the auto industry. With all the industry headwinds, Maoli believes consumers are “shaking in their boots.” He notes that consumer confidence is driven by apprehension and uncertainty, specifically citing high vehicle prices, monthly payments, and interest rates as the primary causes of this “unnerving.” Watch the full segment here.
NJ CAR goes on the offensive as brokers, regulators, and direct sales pressure dealers
Car dealers across the country are navigating one of the most complicated regulatory and competitive environments in recent memory. Brokers are operating outside the law in states where the practice is banned. The FTC is cracking down on dealers over pricing transparency. And the long-term shape of the franchise system itself is being tested by direct-sales brands. Joining us on today’s Inside Automotive episode to discuss all of those issues and more is Laura Perrotta, President of the New Jersey Coalition of Automotive Retailers (NJ CAR). Perrotta says illegal broker activity in her state is putting pressure on dealers, and little is being done to stop it. Watch the full segment here.
