TSLA426.0108.16%
GM78.7901.58%
F14.9301.26%
RIVN14.2200.07%
CYD57.3501.69%
HMC26.4700.21%
TM189.080-0.58%
CVNA68.2803.89%
PAG164.7303%
LAD276.5802.05%
AN189.9803.55%
GPI326.1806.07%
ABG187.7202.34%
SAH78.1602.26%
TSLA426.0108.16%
GM78.7901.58%
F14.9301.26%
RIVN14.2200.07%
CYD57.3501.69%
HMC26.4700.21%
TM189.080-0.58%
CVNA68.2803.89%
PAG164.7303%
LAD276.5802.05%
AN189.9803.55%
GPI326.1806.07%
ABG187.7202.34%
SAH78.1602.26%
TSLA426.0108.16%
GM78.7901.58%
F14.9301.26%
RIVN14.2200.07%
CYD57.3501.69%
HMC26.4700.21%
TM189.080-0.58%
CVNA68.2803.89%
PAG164.7303%
LAD276.5802.05%
AN189.9803.55%
GPI326.1806.07%
ABG187.7202.34%
SAH78.1602.26%


automotive industry insights

A 10-day UAW strike could result in a loss of $5 billion, affecting nearly every sector of the automotive industry, including dealers.

UAW strike could affect dealers, cause industry losses of $5 billion

- August 18, 2023
A 10-day UAW strike (United Auto Workers) could result in a loss of $5 billion, affecting nearly every sector of the automotive industry, including dealers. The total was calculated by the...
GM is moving forward with a new strategy to simplify and lower cost of its operations by cutting and reallocating 200 engineering employees.

GM cuts engineering roles as a part of “winning with simplicity” strategy

- August 18, 2023
By cutting and reallocating around 200 engineering employees, General Motors is moving forward with a new strategy that promises to simplify and lower the cost of its operations. The corporation has...
The CDK Dealership Xperience is said to unify workflows at the dealership. CDK Global CMO Barb Edson tells us what it's all about.

How to solve customer experience challenges and simplify operations – Barb Edson | CDK Global

- August 18, 2023
The retail automotive industry has been tasked with meeting today's rising consumer expectations and demands. As dealers adapt successfully, CDK Global has launched a new platform to assist with the...
Bergstrom Automotive is set to acquire Broadway Automotive, a dealership group serving the Green Bay market in Wisconsin.

Bergstrom Automotive to acquire Broadway Automotive in Wisconsin

- August 17, 2023
Bergstrom Automotive is set to acquire Broadway Automotive, a dealership group serving the Green Bay market in Wisconsin. The new acquisition will give Bergstrom Automotive ownership of Broadway Chevrolet-Volkswagen, Broadway Ford-Hyundai-Genesis...
VinFast shares of the automaker climbed 68% to finish at $37.06 and were valued at $86 billion, considerably exceeding those of Ford, GM, and Stellantis.

VinFast’s market cap overtakes Ford and GM after SPAC merger

- August 17, 2023
VinFast, a Vietnamese manufacturer of EVs, made an extraordinary debut on the Nasdaq stock market on August 15. Shares of the automaker, which went public through a special purpose acquisition...
Ford has hired Apple's ex-vice president of services, Peter Stern, to lead the development of new technologies and services.

Ford taps ex-Apple exec to head software, hardware development

- August 17, 2023
Ford has hired Apple's ex-vice president of services, Peter Stern, to lead the development of new technologies and services that improve the customer experience. Stern, who announced his departure from Apple...
Stellantis is investing more than $100M into California's Controlled Thermal Resources, the latest bet on the direct lithium extraction.

Stellantis invests more than $100 million in California lithium project

- August 17, 2023
Stellantis revealed its' investing more than $100 million into California's Controlled Thermal Resources, its latest bet on the direct lithium extraction (DLE) sector amid the global hunt for new EV...
Jennifer Torres joins Inside Automotive to discuss how used car dealers can easily purchase inventory with a private listing platform.

Used car dealers accelerating acquisitions with private listing platforms — Jennifer Torres | Vettx

- August 17, 2023
As consumers hold onto their vehicles for longer periods of time, used car dealers are looking for alternatives to trade-ins and auctions to keep their inventories stocked. One such alternative...
On today’s CBT Now, we’re joined by Matt Easton to walk us through how to answer inbound calls from a customer without jeopardizing a sale. 

How to effectively follow up without endangering the sale – Matt Easton | Easton University

- August 17, 2023
It can be exciting when a sales representative gets a call from a lead or potential customer, but what happens during that call, can make or break the sale. Today...
Purchasing a new vehicle became easier in July, according to Cox Automotive, as the post-pandemic car market continue to normalize.

New vehicle affordability improves in July as monthly payments fall

- August 16, 2023
Purchasing a new vehicle became easier in July, according to Cox Automotive, as the post-pandemic car market normalized under growing inventory and more incentives. After seeing marginal increases throughout the year,...


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