Tag: Auto Retail
Selling off-brand used vehicles? Tips to retain those buyers
The ongoing new vehicle shortage has many dealerships stocking any used vehicles they can get their hands on. Selling off-brand vehicles is not new,...
AutoNation and Autonomy partner up to boost EV subscription business
Electric vehicles are becoming more popular, and Autonomy, with the help of AutoNation, is increasing its investments in the EV subscription space. The company is adding...
The luxury customer experience: How do premium auto brands stack up?
The recently released 2022 Pied Piper Prospect Satisfaction Index (PSI) Premium Auto Study looked at 25 car brands to find out how effectively premium auto...
5 CRM missed opportunities dealers can fix today
Customer-relationship management software helps you do all sorts of things, such as targeted marketing, lead nurturing, tracking employee performance and maintaining customer relationships after...
New TechForce survey reveals enormous need for women auto technicians
While chip shortages are the current supply chain issue plaguing the automotive industry, another even more dire problem is arising. According to the TechForce...
Elon Musk sells $6.9 B worth of Tesla shares ahead of...
According to a filing with the SEC, Tesla founder and CEO Elon Musk recently sold 792 million shares of the company—worth $6.9 billion. Musk made the sale to...
US inflation slowed to 8.5% in July, gasoline and energy prices...
Inflation in the United States unexpectedly cooled in July as a rebound in the cost of gasoline and other energy products decreased. The US Bureau...
Online used car retailer Shift plans merger with CarLotz to boost...
Used car eCommerce platform Shift is merging with consignment firm CarLotz, and the two companies promise to deliver a better way to buy and sell used cars. With Shift,...
CEO Mark Russell plans to leave Nikola at the end of...
Mark Russell will retire as CEO of Nikola at the end of the year, the company announced on Monday. Russell has been with Nikola since...
LMP Automotive sells more assets, seeks approval for plan of liquidation
LMP Automotive Holdings, Inc. and its affiliates announced on Monday that it has entered into an all-cash asset sales agreement to sell several automotive...