Tag: Auto Industry Trends
GM hits new EV milestone as sales increase 18% in Q1
Despite rising interest rates, ongoing inflation, and increasing economic unpredictability, General Motors recorded a year-over-year 17.6% increase in sales in the first quarter of...
Stellantis U.S. sales decline 9% in the first quarter
The manufacturer of Chrysler, Dodge, Jeep, and Ram vehicles saw a 9% year-over-year decline in U.S. sales in the first quarter, Q1 as weak...
The New York International Auto Show is back and better than...
Auto shows are back in full swing and propelling dealers, as well as the industry, forward. Today on CBT NOW we’re joined by Mark...
Survey reveals about 600 experts doubt current EV targets
ABB Robotics, a manufacturer of industrial robots, recently commissioned a study that polled almost 600 global industry experts from the engineering, manufacturing, and management...
U.S. and Japan strike deal on minerals for electric vehicle batteries
For battery minerals, the U.S. and Japan have reached trade agreements. The agreement may increase Japanese EVs' eligibility for U.S. EV tax credits under...
Cox economist Jonathan Smoke breaks down 10 predictions for the future...
Over the past few years, our industry has experienced changes in inventory, high prices, and electric vehicles. Can we anticipate more of the same...
How past and current auto retail trends are shaping the outlook...
The past two years have been filled with challenges and uncertainty for many automotive retail professionals. Now, as we’re in the first quarter of...
Is it time for dealers to start thinking about virtual showrooms?
Car sales were heavily stymied as a result of the pandemic, and it undoubtedly forced dealerships to change procedures and try to find other...
2020 Best Practices: The Importance of Personalizing Your Customer’s Buying Experience
As 2019 quickly comes to a close, dealers’ sights are now set on finishing the year strong and setting up solid expectations for the...
Marchionne in Critical Condition; Auto Community Reacts
Auto executives and analysts are expressing shock, sadness and speculation in the wake of the announcement this weekend that Fiat Chrysler Automotive CEO Sergio...