TSLA408.146-3.00449%
GM85.2501.185%
F14.735-0.035%
RIVN16.325-0.355%
CYD51.535-0.295%
HMC26.880-0.09%
TM178.940-1.28%
CVNA69.6700.77%
PAG182.3002.235%
LAD312.8704.35%
AN195.9552.565%
GPI327.6551.915%
ABG201.9902.44%
SAH84.3100.6%
TSLA408.146-3.00449%
GM85.2501.185%
F14.735-0.035%
RIVN16.325-0.355%
CYD51.535-0.295%
HMC26.880-0.09%
TM178.940-1.28%
CVNA69.6700.77%
PAG182.3002.235%
LAD312.8704.35%
AN195.9552.565%
GPI327.6551.915%
ABG201.9902.44%
SAH84.3100.6%
TSLA408.146-3.00449%
GM85.2501.185%
F14.735-0.035%
RIVN16.325-0.355%
CYD51.535-0.295%
HMC26.880-0.09%
TM178.940-1.28%
CVNA69.6700.77%
PAG182.3002.235%
LAD312.8704.35%
AN195.9552.565%
GPI327.6551.915%
ABG201.9902.44%
SAH84.3100.6%

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Tesla

Tesla allegedly ignored evidence of vehicle defects, blamed drivers for “chronic failures”

- December 20, 2023
Tesla has allegedly attributed part failures to poor driving habits, charged customers for repairs stemming from potential defects, and skirted regulatory intervention despite knowing the components were flawed, according to...
Through an ongoing voluntary buyout program, General Motors has nearly halved the size of its Buick dealership network in the United States.

Almost half of U.S. Buick dealers choose buyout program in light of EV push

- December 20, 2023
Through an ongoing voluntary buyout program, General Motors has nearly halved the size of its Buick dealership network in the United States. According to Duncan Aldred, global president of GM's Buick...
Electric vehicles sales are now projected to reach 16.7 million units in 2024, down from 17.5 million earlier this year.

Researchers slash electric vehicle sales forecasts for 2024

- December 18, 2023
While electric vehicle sales are still on track to grow in 2024, analysts have grown more cautious toward the segment following a disappointing year of unexpectedly timid demand and disillusionment...
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.

How to be a better car salesperson in the new year

- December 18, 2023
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...
While managers set broad goals for their department, mentors takes a personalized approach by tailoring opportunities to each employee.

The mentorship mindset: how effective leaders nurture the growth of their teams

- December 18, 2023
For dealership managers and executives, getting top talent in place is only half the battle for driving sales and boosting profits. Sharp leaders realize that success comes from developing people...
Dealer association presidents share their thoughts concerning the Hyundai-Amazon partnership and the White House's electric vehicle push.

Dealer association presidents react to Hyundai-Amazon partnership and Biden EV push

- December 15, 2023
The last year has been one of the busiest for dealer associations as the industry grapples with a host of unprecedented events, some of which could permanently change the face...
Automotive industry shifts and trends: New car prices fall, hybrid demand up, Asbury acquires Koons, EV sales grow, UAW actions.

Weekly roundup: New car prices fall, hybrid demand rises, Asbury acquisition, UAW labor disputes

- December 15, 2023
Earlier this week: New car prices saw a decline in November, with Tesla being the most affected. Hybrid vehicles are gaining momentum as manufacturers balance the shift to electric vehicles...
The 2026 Vistiq is expected to arrive at dealerships sometime in 2025. Information on features and pricing will be released next year.

Cadillac EV lineup now includes the 2026 Vistiq SUV

- December 14, 2023
Cadillac continued to expand its electric vehicle (EV) portfolio today with confirmation of the 2026 Vistiq. Slotted between the Lyriq and Escalade IQ, the Vistiq is a three-row SUV, and...
Since 2020, the share of new car dealers selling electric vehicles has risen from 16.5% to 55.1%, defying market headwinds and slow demand.

Number of new car dealers selling electric vehicles triples from 2020

- December 14, 2023
More than half of all car dealers are selling electric vehicles in 2023, according to automotive data platform iSeeCars. Since the onset of the COVID pandemic, the number of non-Tesla dealers...
Scout Motors has announced its plan to expand its footprint in the U.S. by building a new product design and engineering facility in Michigan

Scout Motors to create 200 jobs with new Michigan facility

- December 14, 2023
Volkswagen's electric subsidiary, Scout Motors, has announced its plan to expand its footprint in the U.S. by building a new $11 million product design and engineering facility in Novi, Michigan....