Tag: Auto Trends
Mercedes-Benz delays EV targets due to weaker demand
Mercedes-Benz has recently admitted that the demand for battery-powered vehicles is not as strong as initially expected. Despite this, the company has assured investors...
Dealer Matt Bowers on navigating the EV market and improving customer...
Dealers are seeing more inventory- meaning their lots are filling back up. In fact, the Matt Bowers Auto Group, based near New Orleans, Louisiana, has...
How dealerships can optimize the customer experience – Peter Cooper |...
The Wall Street Journal recently reported that all industries' in-store retail shopping experience is declining. But, when it comes to retail automotive, what could...
Building rapport with prospective car buyers over the phone
DeveÂloping strong rapport with potential car buyers over the phone is crucial for sales professionals in the automotive industry. It involves establishing a geÂnuine...
How dealers are navigating the challenges and opportunities in the industry...
As we continue to navigate the vastly changing landscape of retail automotive, it's imperative to take note of the recent developments that have shaped...
Why dealers need to bridge the education gap when selling electric...
On the latest episode of Auto Marketing Now, host Brian Pasch tackles the primary issues dealers face on a daily basis. These headwinds consist...
California’s new franchise law: what dealers need to know – Brian...
In early October, the California New Car Dealers Association’s (CNCDA) 2023 Franchise Bill (AB 473) was signed into law, strengthening dealership rights in the...
Tesla signs second major deal to sell its Supercharger
Tesla has agreed to sell its Supercharger under the EG Group, a central gas station and convenience store operator. The deal marks the second...
Discover the best and worst vehicles that hold their value
In order to calculate five-year depreciation rates, iSeeCars examined more than 1.1 million vehicles sold between November 2022 and October 2023. This data's historical...
Honda reveals its Q3 profits soar in Japan and the U.S.
As supply and chip shortages continue to recover in North America, Honda's profitability demand has soared by 34% in July-September from 2022. In addition,...