TSLA360.590-20.67001%
GM72.540-2.5%
F11.590-0.09%
RIVN15.4000.46%
CYD39.410-0.08%
HMC24.150-0.16%
TM207.010-2.66%
CVNA313.5481.45799%
PAG149.3400.18%
LAD251.8201%
AN197.680-0.29%
GPI329.450-1.34%
ABG194.7600.73%
SAH64.870-0.38%
TSLA360.590-20.67001%
GM72.540-2.5%
F11.590-0.09%
RIVN15.4000.46%
CYD39.410-0.08%
HMC24.150-0.16%
TM207.010-2.66%
CVNA313.5481.45799%
PAG149.3400.18%
LAD251.8201%
AN197.680-0.29%
GPI329.450-1.34%
ABG194.7600.73%
SAH64.870-0.38%
TSLA360.590-20.67001%
GM72.540-2.5%
F11.590-0.09%
RIVN15.4000.46%
CYD39.410-0.08%
HMC24.150-0.16%
TM207.010-2.66%
CVNA313.5481.45799%
PAG149.3400.18%
LAD251.8201%
AN197.680-0.29%
GPI329.450-1.34%
ABG194.7600.73%
SAH64.870-0.38%


auto industry news

Prioritizing customer e­motions is vital for building trust, fostering healthy relationships and driving results in automotive sale­s

The role of empathy in automotive sales: Understanding customer needs for effective selling

- December 29, 2023
In the automotive­ sales landscape, empathy holds significant importance­. It involves grasping and relating to others' e­motions and perspectives. In this industry, e­mpathizing means stepping into the custome­r's shoes, seeing...
Technology principles to consider when determining your dealership’s technology and human interaction formula

Integrating technology and human touch in car sales: Striking the balance for optimal customer experience

- December 26, 2023
Technology is changing how consumers shop for and buy cars. Yet chatbots, virtual reality applications, and artificial intelligence haven’t eliminated the need for human interaction. Modern car dealerships need to...
Canada has joined the U.S. in implementing a zero-emissions vehicle mandate, aiming to make all new cars emission-free by 2035.

Canada joins U.S. in setting ZEV sales mandate

- December 21, 2023
Canada has joined the U.S. in setting a zero-emission vehicle (ZEV) mandate, calling on automakers to gradually phase out internal combustion engine (ICE) models and sparking frustration and outrage from...
Used vehicle prices continued to trend downward in November as the automotive industry entered into its holiday slump.

Used vehicle prices hit seasonal slump in November

- December 7, 2023
Wholesale used vehicle prices declined in November as the auto industry entered its seasonal slump. According to Cox Automotive's Manheim Used Vehicle Value Index, used vehicle prices declined 2.1% from October...
Ford announced that federal tax credits for its electric Mustang Mach-E vehicles may no longer be available starting in January 2024.

Electric Mach-E could lose eligibility for U.S. tax credits, says Ford

- December 7, 2023
On December 6, Ford announced that the federal tax credits for its electric Mustang Mach-E vehicles may no longer be available starting in January 2024. This is due to the...
Dealership service centers are facing more competition than ever from third-party repair and maintenance providers according to a new study.

Dealerships respond to rising competition with third-party service providers

- December 6, 2023
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 years, fixed op profitability has mostly...
In all industries' in-store retail shopping experience is declining. But Peter Cooper, joins us to discuss what this means for the industry.

How dealerships can optimize the customer experience – Peter Cooper | Lexus of Lehigh Valley

- December 4, 2023
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 that mean for dealers? Peter Cooper,...
Let's delve into the fascinating interplay of psychology and decision-making as we dissect the car buyer's journey

Decoding car buyer personas: Understanding emotional triggers and decision-making factors

- December 4, 2023
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 analysis. Yet, more often than not,...
Aaron Bickart joins Driving Solutions to discuss the crucial role leasing will play in boosting dealership revenues in the months to come.

The role of leasing in a normalizing car market — Aaron Bickart | OfferLogix

- November 28, 2023
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 margins. Understanding the industry's current trajectory...
Lucid has ventured into the lucrative and competitive SUV industry with its debut, the Gravity, built on the same platform as its Air sedan.

Lucid unveils its electric Gravity SUV, offering 440 miles of range

- November 23, 2023
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 platform as its Air sedan. Lucid claims...


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