Tag: auto sales
General Motors to return to Europe for EV production, CEO Mary...
General Motors Chief Executive Officer Mary Barra announced this week that the automaker is planning on returning to Europe and will only be manufacturing electric...
How car dealers can combat catalytic converter theft
In the United States, catalytic converter thefts are still increasing in frequency. Thieves are finding ever more creative ways to perpetuate the crimes. Security...
Why Ford’s F-150 Lightning is the legitimate start of the EV...
First-quarter numbers are rolling in for many auto retail professionals and inventory still remains on everyone’s watchlist. Today on Inside Automotive, we’re pleased to...
The current state of the used car industry—what goes up must...
Over the past year, the auto industry has seen massive growth in both new and used car sales, with the latter seeing some of...
Carvana cuts 2,500 jobs after posting net loss of $506M
In a regulatory filing this week, Carvana said that it has laid off 2,500 of its employees, accounting for 12% of its workforce. Most of the...
Sonic Automotive opens EchoPark retail hub in Missouri
In a press release this week, Sonic Automotive said that its EchoPark brand has now expanded into Missouri as part of its goal to have 90%...
How electric vehicles might affect the fixed-ops department
Automotive News published an article a while back with the headline “Dealers, get ready for absorption rates that drop to as low as 25%” The...
Is this mistake costing your service drive lucrative business? – Michael...
We’re now in the second quarter of the year after a robust and profitable 2021 for many in the industry. Today on Inside Automotive,...
3 ways car dealers can prepare for Memorial Day Weekend this...
The unofficial start to summer is Memorial Day weekend, and it tends to be one of the busiest weekends in the US for vehicle sales. Before...
Stellantis CEO predicts supply issues will hinder EV transition
Stellantis Chief Executive Officer Carlos Tavares said at a conference on Tuesday that the auto industry would likely continue to be impacted by the ongoing supply...