auto industry news

Glenn Pasch joins Inside Automotive to discuss key strategies that can help dealers elevate the customer experience across all channels.

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

- April 11, 2024
On this episode of Inside Automotive, host Jim Fitzpatrick is joined by Glenn Pasch, auto marketing expert and CEO of PCG Digital, to discuss simple tactics and strategies that elevate...
BMW sales rose marginally during the first quarter, lifted by strong electric vehicle demand despite a cooldown in pricing.

BMW sales rise in Q1 thanks to strong EV performance

- April 10, 2024
BMW sales rose slightly in the first quarter thanks to a surge in electric vehicle demand, fueling optimistic expectations for the remainder of the year. The German automaker sold 594,671 units...
In an age dominated by electric propulsion, Cox Automotive's Flying Doctor Program helps solve emergencies while championing sustainability.

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

- April 9, 2024
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, sustainability, and expertise. The flying doctors...
Sheldon Sandler joins Driving Solutions to share his tips for navigating the complicated dealership M&A market's new landscape.

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

- April 9, 2024
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 evolving trends in profits, inventories, and...
Tesla said it will unveil a robotaxi later this year, following a report claiming its affordable Model 2 project had been cancelled.

Tesla sets date for robotaxi debut following Model 2 cancellation claims

- April 8, 2024
Tesla is building a robotaxi, according to company CEO Elon Musk. The self-driving vehicle will apparently make its debut this August, according to a short post published Friday, April 5, by...
Used vehicle values dropped in March compared to last year but remained mostly stable from February, despite an increase in sales.

Used vehicle prices dip again in March amidst sales surge

- April 8, 2024
Used vehicle prices at auction were stable month-over-month in March but declined sharply from last year, following months of normalizing inventory levels in both the new and pre-owned markets. Cox Automotive...
Jonathan Dawson shares his insights into the core principles that help entrepreneurs drive business success in a challenging environment.

Simple strategies to lead your dealership employees through change

- April 8, 2024
Adapting to change is a considerable task, one that often leaves dealership leaders at a loss. However, by focusing on the right things, even the most difficult headwinds can be...
Ford is bringing back stair-step incentives to move 2023 F-150 pickup inventory after the vehicle's sales dropped 10% in the first quarter.

Ford brings back controversial stair-step incentives to drive F-150 sales

- April 5, 2024
Ford is reintroducing "stair-step incentives," a controversial practice that pays dealers bonuses for surpassing sales targets on certain models, to bolster sales of 2023 F-150 pickups. In its quarterly sales report,...
Ford delays Canadian release of electric pickup and three-row EV

Ford delays Canadian release of electric pickup and three-row EV

- April 5, 2024
On April 4, Ford Motor announced that it had postponed the release of its next-generation electric pickup truck and its three-row EV vehicles in Canada due to the global slowdown...
Fisker has withdrawn its earnings forecast for the year shortly after reports circulated of a wave of Ocean SUV cancellations.

Fisker withdraws earnings forecast for 2024 as financial woes mount

- April 4, 2024
Fisker has withdrawn its 2024 financial forecast as it faces a regulator probe over its Ocean SUV, the latest in a series of troubles for the struggling electric vehicle brand. On...


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