Tag: auto industry
Ford earnings underwhelm analysts, automaker postpones EV investments
Ford on Thursday retracted its full-year earnings guidance after posting an underwhelming third-quarter report. The announcement came on the same day company executives reached...
PSD Automotive Group acquires Global Auto Mall
On October 27, PSD Automotive Group acquired the Global Auto Mall of North Plainfield, New Jersey.
Global Auto Mall, which includes Global Jeep, Global Kia,...
Dealer groups show resilience in Q3 despite profitability pressures
Dealership groups across the U.S. broke multiple performance records in the third quarter, highlighting retail automotive's unanticipated resilience in the post-pandemic era.
Lithia & Driveway...
Resolving lead defection through artificial intelligence — Eric DeMont | Urban...
Lead defection is a frustrating problem for dealers, resulting in wasted money, time and effort. However, while retailers have historically had few remedies at...
Revving up dealership sales: 3 essential components you can’t afford to...
Success in sales boils down to three main factors. On the latest episode of Inside Automotive, Matt Easton, sales coach, consultant, and founder of...
What should you look for when interviewing candidates for the dealership?
Finding the perfect fit for your dealership isn't just about sifting through resumes or looking at years of experience in the automotive industry. It's...
Ford/UAW reach tentative agreement, Stellantis invests in Leapmotor, Lexus reveals next-gen...
Inside Automotive
Revving up dealership sales: 3 essential components you can't afford to ignore – Matt Easton
Being Successful in Sales comes down to three Things....
October new vehicle sales to rise against UAW, economic headwinds
Cox Automotive predicts that new vehicle sales will rise in October despite ongoing economic and manufacturing headwinds.
According to the firm's forecast, new vehicle sales...
Stellantis to invest $1.58 billion in China’s Leapmotor, plans joint venture
Stellantis has announced a $1.58 billion investment into Chinese electric vehicle maker Leapmotor.
The investment will give the manufacturing conglomerate a 20% stake in the...
Lexus reveals next-gen LF-ZC concept, a luxury EV promising greater range
Although Lexus has already launched its first EV, the RZ, the Japanese brand, unveiled its promising LF-ZC concept at the Japan Auto Show.
The company's...