Tag: auto industry news
Toyota shifts focus to hybrid-only lineup, challenging industry’s EV-only future
Traditionally slow to embrace electric vehicles (EVs), Toyota is now taking bold steps to transition most, if not all, of its Toyota and Lexus...
EV Auto CEO Alex Lawrence reveals secrets to thriving in the...
In a landscape where many car dealers are just beginning to navigate the EV market, Alex Lawrence, CEO of EV Auto, stands out as...
Navigating the storm: How the global stock market meltdown could impact...
As we wake up to the ominous headlines of August 5th, we’re clearly staring down a potential Black Monday. Stock markets worldwide are in...
UAW endorses Kamala Harris for president, bolstering campaign in Michigan
The United Auto Workers (UAW) union endorsed Vice President Kamala Harris for U.S. president on Wednesday, a move expected to strengthen Harris’s campaign in...
Unveiling the ‘Complete Profit Picture’: Insights from industry powerhouses
As dealers grapple with challenges like inaccurate appraisals, mispriced vehicles, and underperforming digital marketing, Cox Automotive stands out as a beacon of expertise in...
Why a positive company culture is essential for success – John...
You’ve heard it before- not all managers are leaders. On today’s episode of CBT Now, we’re exploring what it truly means to lead an...
Are Honda and Volkswagen betting against the franchise model? — John...
Dealers have grown increasingly worried that automakers such as Volkswagen and Honda will choose to sell their upcoming electric vehicles through a direct-sales system rather than...
Ford establishes Long Beach Headquarters for affordable EV development
Ford has officially chosen Long Beach as the headquarters for developing its next-generation electric vehicle (EV) platform. This new facility will house Ford's "Skunkworks"...
Volvo delays launch of EX30 in the U.S. to 2025 amid...
Volvo has announced a delay in the launch of its smallest and most affordable electric vehicle (EV), the EX30, in the U.S. Initially expected...
How car dealerships are strengthening their sales teams in a competitive...
With ever-evolving consumer preferences and an increasingly competitive market, savvy dealerships have put a focus on strengthening their sales teams to drive growth and...