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Lincoln plans to shutter up to 100 dealerships in 2024 after closing a comparable in 2023 as part of its efforts to prioritize key markets.

Lincoln looks to buyout 100 dealerships in 2024

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Luxury car manufacturer Lincoln plans to close up to 100 dealerships in 2024 in a continuation of its efforts to extract itself from unsuccessful...
Tesla is recalling nearly 200,000 vehicles to repair a glitch that could cause drivers to lose visibility when backing up.

Tesla recalls 2023 Model X, S, Y over rearview camera software...

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Tesla is set to recall roughly 200,000 vehicles in the U.S. to patch out a software error that could limit driver visibility. According to the...
Greg Uland joins Driving Solutions to discuss the challenges facing car dealers in 2024 and the innovations helping them find success.

Simplifying the management process for car dealers — Greg Uland |...

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Car dealers are faced with a multitude of unenviable challenges in 2024, ranging from uncertainty over profit margins to decreasing loyalty among consumers. More...
In the latest episode of Inside Automotive, Mark Schienberg, President of the GNYADA shares the latest trends and challenges in the market

GNYADA Pres. Mark Schienberg talks future of auto sales and electrification...

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New York is a city known for its diverse consumer base, significantly impacting the automotive industry. In the latest episode of Inside Automotive, we're...
Rusty West joins Driving Solutions to discuss how dealers can prepare their businesses for the upcoming CARS rule.

What dealers must know about the CARS rule — Rusty West...

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The Federal Trade Commission's (FTC) Combatting Auto Retail Scams policy, better known as the CARS rule, aims to make the car buying process more...

Tesla profits plunge, Ford and Hyundai share updates, UAW endorses Biden

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Inside Automotive GNYADA Pres. Mark Schienberg talks future of auto sales and electrification in New York New York is a city known for its diverse consumer...
Tesla generated $7.9 billion in net income in the final months of 2023, clouding profitability expectations for the coming months.

Tesla Q4 earnings plunge 40% despite revenue, sales gains

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Electric vehicle brand Tesla reported a steep decline in fourth-quarter profits against a 3.5% increase in revenue over the same period, missing analyst forecasts...
Ford and Hyundai shared financial with updates with investors amidst a backdrop of uncertainty over the car market's future.

Ford dials back Q4 earnings expectations, Hyundai profits jump 31%

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Automakers Ford and Hyundai shared financial updates from the fourth quarter, offering new insights into their 2023 performance. Ford announced that a pre-tax remeasurement loss,...
Farid Ahmad joins Driving Solutions to discuss the 2023 dealership M&A market and the buy-sell trends he expects to see in 2024.

Forecasting the 2024 dealership M&A market — Farid Ahmad | DSMA

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The dealership M&A (mergers and acquisitions) market has demonstrated incredible resilience in the post-pandemic economy, remaining undaunted by rising interest rates and fluctuating demand....
In the latest episode of Inside Automotive, we're joined by Robyn L. Garrett to discuss strategies to create a happy and healthy work culture

How to build a happy, healthy culture in the dealership – Robyn...

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Culture is the single aspect of an organization that impacts everything from performance to how your company is perceived. In the latest episode of...