Tag: auto industry
New vehicle prices remain stable in October despite changing landscape
New vehicle prices and inventory remained stable in October, even as a six-week United Auto Workers strike disrupted Detroit-Three manufacturing and cost the industry...
Next Toyota Camry generation to abandon full-ICE drivetrains
The incoming generation of Toyota Camrys will abandon their customary internal combustion engines in favor of a hybrid-only system, according to automaker executives.
The 2025...
Digital engagement is crucial for customer satisfaction and cost savings
Digital channels have emerged as the most efficient and effective way for auto lenders to maintain or grow their profitability despite the current macroeconomic...
Columbia Gorge dealership promotes its Turkey Trot 5K via TikTok Challenge
With Thanksgiving rapidly approaching, the Columbia Gorge Toyota and Honda dealerships utilized social media to promote their third annual Turkey Trot 5K Benefit Walk/Run by...
4 tips for car dealers when onboarding new auto technicians
During a WrenchWay Roundtable broadcast, a statistic was shared showing that 42% of today’s auto technicians leave the workplace during the first two years....
Hyundai boosts pay, Stellantis offers buyouts, Fisker posts Q3 loss
Inside Automotive
Key strategies to prepare for the 2024 used car market — David Simches | Crown Automotive Group
Used car dealers have faced numerous challenges...
Stellantis to offer 6,400 U.S. employees voluntary buyouts after UAW contract
On November 13, Stellantis announced that to reduce expenses while embracing a new United Auto Workers contract and preparing for the switch to electric...
Pedestrian casualties linked to hood shape, height among trucks and SUVs
A new study from the Insurance Institute for Highway Safety (IIHS) examining traffic accidents involving pedestrians discovered significantly higher fatality rates among vehicles with...
Hyundai follows Honda, Toyota in raising worker pay
Hyundai plans to increase employee wages in the U.S., following in the footsteps of Honda and Toyota as non-unionized automakers respond to the United...
Fisker’s third-quarter results: larger losses and disappointing deliveries
On November 13, electric vehicle company Fisker announced a third-quarter loss that exceeded Wall Street's expectations and stated that it only shipped roughly 1,100...
