Tag: auto industry news
Dealerships respond to rising competition with third-party service providers
Dealership service centers have continued to lose business to non-franchised repair and maintenance providers, according to new research from Cox Automotive.
Over the last few...
How dealerships can optimize the customer experience – Peter Cooper |...
The Wall Street Journal recently reported that all industries' in-store retail shopping experience is declining. But, when it comes to retail automotive, what could...
Decoding car buyer personas: Understanding emotional triggers and decision-making factors
Everyone likes to think they're logical. That their decisions, particularly those with substantial financial implications, like purchasing a car, are based purely on objective...
The role of leasing in a normalizing car market — Aaron...
With signs of pre-pandemic norms returning to the market, car dealers are beginning to consider alternative strategies, such as leasing, to maintain their profit...
Lucid unveils its electric Gravity SUV, offering 440 miles of range
The California-based startup Lucid has ventured into the lucrative and fiercely competitive SUV industry with its debut offering, the Gravity, built on the same...
United Auto Workers members at 3 plants vote no on Ford,...
United Auto Workers members at three key facilities in Kentucky and Michigan have voted to reject their respective contracts with Detroit-Three manufacturers, raising concerns...
Used car supply remains stable in November, pricing weakens
Used car supply remains under pressure in November, as high new vehicle prices force many consumers to wait on their next purchase.
According to Cox...
Tesla signs second major deal to sell its Supercharger
Tesla has agreed to sell its Supercharger under the EG Group, a central gas station and convenience store operator. The deal marks the second...
Discover the best and worst vehicles that hold their value
In order to calculate five-year depreciation rates, iSeeCars examined more than 1.1 million vehicles sold between November 2022 and October 2023. This data's historical...
Polestar shifts gears: Lowers 2023 delivery goal, forecasts EV launches to...
On November 8, Swedish EV maker Polestar lowered its long-standing delivery goal for 2025 and revealed that, despite cost reductions, it will still need...
