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UAW sets sights on Mercedes-Benz after Volkswagen victory

Fueled by its success at Volkswagen, the United Auto Workers (UAW) union is turning its attention to Mercedes-Benz and other non-unionized automakers as it continues its post-strike campaign to expand membership. Speaking to Reuters, UAW chief Shawn Fain acknowledged the significance of the union's victory at Volkswagen's Tennessee plant. Last...
Vietnamese automaker VinFast announced on April 23 that it has formally signed contracts with a dozen new U.S. car dealerships.

VinFast expands its network by adding 12 new U.S. car dealerships

Jaelyn Campbell - 0
Vietnamese automaker VinFast announced on April 23 that it has formally signed contracts with a dozen new U.S. car dealerships. The 12 new car dealers...
Tesla reported $1.13 billion in net income for the January-through-March period as the effect of slow sales and price cuts cut into profits.

Tesla profits plummet in Q1, company accelerates new product development

Colin Velez - 0
Tesla reported steep declines in first-quarter revenue and profit but rallied shareholders over promises of new products. The electric vehicle manufacturer reported revenue of $21.3 billion,...
Fiske released a regulatory filing notifying that it may go bankrupt within 30 days unless it secures relief from creditors

Fisker faces bankruptcy unless it secures relief from creditors

Jaelyn Campbell - 0
On April 23, Fisker, an electric vehicle (EV) startup, released a regulatory filing notifying that it may go bankrupt within 30 days unless it...
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New Car Sales

Loyalty Based Strategies

Elevate and educate: taking your service and sales coaching to the next level

Colin Velez - 0

How sales teams can boost their numbers in today’s market – Crissy Burton | Hubler Chevrolet

CBT Now Jaelyn Campbell - 0
Recent data indicates that sales leads have decreased due to factors such as interest rates, vehicle prices, and inventory availability. This puts pressure on...

March sees 12.1% new car sales surge amid market adjustments

Headlines CBT News - 0
In March 2024, new car sales are poised to make a big leap. Analysts forecast 1,525,700 units sold, a 12.1% increase from the previous...

How successful salespeople get leads and close deals in a competitive market — Sean Gardner | Joe Verde Group

Articles Colin Velez - 0
With the car market becoming increasingly consumer-friendly in the wake of the COVID-19 pandemic, dealership salespeople must prepare themselves for a more normalized environment....

Dealership Management

Inside Automotive

6 key mental muscles for leaders in the dealership – Scott Mautz

Jaelyn Campbell - 0

How AI is driving transparency in the vehicle pricing process

Articles Andrew Sweet - 0
In today’s dynamic market, vehicle pricing is everchanging with vehicle condition, location, color and even added features like heated seats impacting the price tag...

Managing stress and burnout in the fast-paced retail automotive industry

Dealership Management Joseph Iyanu - 0
The automotive­ retail industry is a dynamic and ever-e­volving sector that poses unique challenges for its professionals. From continuous customer interactions to meeting sales...

Streamlining Title Acquisition: The Rise of E-Titling

Dealership Management Dave Spencer - 0
In the fast-paced world of automotive sales, time equals money. Every minute spent on paperwork and administrative tasks is a minute taken away from...

Dealer Interviews

Inside Automotive

Leveraging opportunities to boost diversity in the automotive sector — Ashlee Church | Volkswagen of Marion

Colin Velez - 0

How dealerships are improving the customer experience — Gary Barbera | Barbera’s Autoland

Inside Automotive Colin Velez - 0
With the rapid onslaught of innovation, technological advancement, and shifts in consumer preferences, dealerships must work harder than ever to stay on top of...

Balancing growth to maximize dealership competitiveness — Jeff Dyke | Sonic Automotive

Dealer Interviews CBT News - 0
In 2023 Sonic Automotive, one of the nation’s largest automotive retailers, saw an all-time record annual revenue of $14.4 billion despite some challenges, like...

Hyundai-Amazon update puts dealers at the heart of online sales — Andy Wright | Vinart Dealerships

Inside Automotive Colin Velez - 0
Last year, Amazon and Hyundai announced a new partnership that would see the automaker's vehicles sold on the e-commerce giant's platform. The reveal left...

Used Car Sales & Remarketing

Articles

Does America have a used EV problem – or opportunity?

Liz Najman - 0

Depreciation study shows EVs lose value fastest – Karl Brauer | iSeecars

Inside Automotive Jaelyn Campbell - 0
A study by iSeecars.com sheds insight on cars that lose the most value after just one year and those that retain the most value....

4 things dealers are keeping top of mind this year

Pre-Owned Sales / Remarketing Randy Barone, Vice President, Business Development at ACV - 0
2024 offers a glimmer of hope for auto dealers navigating the tricky terrain of used car sales, despite lingering market uncertainties and a notable...

Why the used vehicle market is changing dealership inventory strategies — Seth Rosen | Subaru of Jacksonville

Inside Automotive Colin Velez - 0
The used vehicle market is under close scrutiny as it adjusts to changing consumer preferences and evolving inventory levels. What can dealers expect from...

Automotive Industry Trends

Inside Automotive

Top automotive industry trends to track in Q2 — Kevin Tynan | Bloomberg Intelligence

Colin Velez - 0

Cox Automotive’s Flying Doctor Program: A Beacon of Safety in the EV World

Articles Dan Nicholls - 0
In the rapidly expanding world of electric vehicles (EVs), Cox Automotive's innovative 'Flying Doctor Program' has emerged as a pioneering force in ensuring safety,...

Industry expert warns against overreliance on EVs, advocates for consumer-driven options – Joe McCabe | AutoForecast Solutions

Inside Automotive Jaelyn Campbell - 0
Despite the push towards EVs, the adoption rate has been notably slower than many expected. On today's episode of Inside Automotive, we're discussing EV...

Cox Automotive Dealer Sentiment Index reveals concerns about profitability and inventory disparity – Erin Keating

Inside Automotive Jaelyn Campbell - 0
The Q1 Cox Automotive Dealer Sentiment Index was published in March. It provides a current view of dealer sentiment and looks forward to the...

Marketing & Advertising

Inside Automotive

Auditing your marketing process to elevate the customer experience — Glenn Pasch | PCG Digital

Colin Velez - 0

De-mistifying dealership defection rates — Eric DeMont | Urban Science

Driving Solutions Colin Velez - 0
Defection rates deliver vital information to dealers, allowing them to identify how many customers took their business elsewhere while measuring the impact of retention...

Using data to get the most out of your digital marketing strategy — Colin Carrasquillo | Nielsen Automotive Group

Inside Automotive Colin Velez - 0
Digital marketing has become a major component of automotive retail, serving to drive leads, strengthen branding, and broaden the scope of dealers' markets. However,...

Optimizing GA4 to power dealership marketing — Brooke Furniss | BZ Consultants Group

Inside Automotive Colin Velez - 0
With the official shutdown of its predecessor last year, Google Analytics 4 (GA4) is now the primary tool for tracking website data and gauging...

Association News

CBT Now

Educating the public on the strengths of franchised dealerships — Coulter McMahen | LADA

Colin Velez - 0

How dealers are leading the charge on electrification — Mike Stanton | NADA

Inside Automotive Colin Velez - 0
The National Automobile Dealers Association (NADA) has long been a pillar of support and guidance for auto dealers across the country. As the industry...

NADA appoints new senior advocacy staff members

Articles Jaelyn Campbell - 0
The National Automobile Dealers Association (NADA) has declared several changes to its leadership team, including appointing an executive vice president for public policy. The...

How state dealer associations are tackling EV headwinds — Christine Vinatieri-Erickson

Inside Automotive Colin Velez - 0
On this episode of Inside Automotive, host Jim Fitzpatrick is joined by Christine Vinatieri-Erickson, president of the South Dakota Auto Dealer Association (SDADA) and...

Fixed Operations

Fixed-Ops

Service department analysis paralysis. how to make a decision and move forward

John Fairchild - 0

Mobile service startups transform car service, capturing dealership attention

Fixed-Ops CBT News - 0
A wave of innovative startups is challenging the status quo by offering mobile repairs and maintenance for cars just about anywhere. These disruptors have...

Simple strategies to attract and retain fixed-ops talent — Ryan Haskell | Jeff Wyler Automotive Family

Inside Automotive Colin Velez - 0
Dealership fixed-ops departments require educated and well-trained employees to succeed, making the current technician shortage a devastating blow to long-term viability. Taking steps to...

What mobile service has to offer for your dealership — Jim Sabino | All American Ford

Inside Automotive Colin Velez - 0
Mobile service is becoming increasingly essential to meet consumer preferences on the convenience and accessibility of repair or maintenance. While implementing such a model...

Mergers and Acquisitions

Mergers and Acquisitions

automotiveMastermind integrates Mastermind technology with Tekion to enhance real-time insights for dealers

Jaelyn Campbell - 0

The dos and don’ts of dealership M&A, for sellers — Sheldon Sandler | Bel Air Partners

Driving Solutions Colin Velez - 0
The dealership M&A (mergers and acquisitions) sector has seen high levels of activity in recent years as the retail automotive industry has adjusted to...

Holman acquires Leith Automotive Group in its biggest retail acquisition yet

Articles Jaelyn Campbell - 0
Holman, a leading global automotive services provider, has acquired Leith Automotive Group, headquartered in North Carolina. This marks Holman's biggest retail acquisition in its...

Group 1 expands with Modern Classic Motors acquisition in South Carolina

Articles Jaelyn Campbell - 0
On March 11, Group 1 Automotive, one of the nation's leading auto retailers, announced the acquisition of Modern Classic Motors in Hilton Head, South...

Finance, Insurance & Leasing

CBT Now

Take back control of your dealership’s auto loan process

Colin Velez - 0

Digital Finance: Consumer Expectations and Today’s Digital Retail Reality

Digital Retailing Pete MacInnis, founder and CEO of eLEND Solutions - 0
In last month’s article, “From the Fax Machine, to the future: Auto Finance Disruption Time is Here,” I revealed data that demonstrated how overdue...

How to integrate a seamless car buying experience — Yaron Rosen | Fuse Autotech

Driving Solutions Colin Velez - 0
Dealers know that the key to higher sales and profitability is an unparalleled car buying experience. Unfortunately, with consumers now demanding more convenient processes...

Why the demand for F&I products is rising – Adam Marburger | Ascent Dealer Services

Inside Automotive Jaelyn Campbell - 0
In the current economic climate, where interest rates are high, and vehicle prices are soaring, more and more consumers are opting for F&I products...

Recruitment

Recruitment

How dealerships can win the talent war in fixed operations

Dave Foy, Vice President of Fixed Ops Training for OEM Interactive - 0

How proactive hiring can transform your dealership – Adam Robinson | Hireology

Inside Automotive Jaelyn Campbell - 0
Are you struggling to fill roles at your dealership? If so, then you're not alone. According to a recent report by Hireology, most dealers...

Why you should revisit your talent acquisition process in 2024 — Adam Robinson | Hireology

Inside Automotive Colin Velez - 0
Dealership methods of talent acquisition and retention have become increasingly outdated, not only in how retailers identify candidates but also in how they keep...

5 reasons to work in the retail automotive industry

Articles Kimberly Hurley - 0
Technology is always evolving, and one of the industries that consistently pushes the boundaries of innovation is the automotive industry. When it comes to...

Customer Experience

Articles

Car buyers rejoice as ease of purchase sets new record

Colin Velez - 0

Want a better customer experience? Build a better work environment — Shep Hyken

Inside Automotive Colin Velez - 0
Dealers know how crucial it is to provide an exceptional customer experience. But in pursuing high standards of service, many find themselves forgetting an...

Decoding the future of car buying with transparency – Katie the Car Lady

Inside Automotive Jaelyn Campbell - 0
For over two decades, Katie the Car Lady has championed consumer rights, earning her reputation as a beacon of transparency and expertise in the...

Automotive brand loyalty winners fend off retention woes in 2023

Articles Colin Velez - 0
Brand loyalty remains a critical factor in automotive marketing but has been declining for several years, making events such as S&P Global Mobility's Annual...

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