Tag: automotive industry insights
iSeeCars reveals new car sales are slowing down while used car...
New car dealerships are experiencing a change in supply and turnover. According to a study by iSeeCars, the average new car takes 54 days...
China’s EV exports surge boosts global ship orders, puts pressure on...
China's electric vehicle (EV) export industry is causing a surge in orders for car-carrying ships, with predictions suggesting that China could have the world's...
Ford offers Tesla owners up to $10K in savings on the...
On April 3, Ford began offering $1,500 Tesla Competitive Conquest Bonus Cash on all versions of the Mach-E, including the 2023 and 2024 Mustang...
Cruise to resume self-driving operations in Phoenix after six-month halt
On April 9, General Motors' self-driving division, Cruise, announced that it would reintroduce operations in some areas- starting with Phoenix- after suspending them for...
The role of mentorship in creating diverse leadership — Sean Johnson...
As American society has become more diverse, so too has the automotive landscape, with dealers, manufacturers, and suppliers welcoming minorities in increasing numbers. However,...
How salespeople can prioritize consumer outcomes over product features and benefits...
Selling your features and benefits is dead in 2024, and selling the value is on life support, says sales coach and Easton University founder...
Ford Europe adopts data-driven approach to improve franchise network operations
Nearly two years ago, Ford's CEO, Jim Farley, had envisioned a future where Ford dealers would adopt the agency model with 100% digital sales,...
Tesla settles Autopilot lawsuit over 2018 crash that killed Apple engineer
Tesla has settled a highly publicized lawsuit over the death of Apple engineer Walter Huang, who crashed his Model X while using Autopilot in...
Buyers flooding the market in hopes of improved affordability
Buyers are returning to the new and used vehicle markets in hopes of finding a good deal, even as pre-pandemic levels of affordability remain...
How sales teams can outperform the competition and close more deals...
Inventory management is no longer a major issue for many dealerships. Therefore, one key factor in achieving success today is the ability to outperform...