Tag: automotive industry insights
Florida dealerships assess damage, begin reopening efforts after Hurricane Milton
Hurricane Milton, a Category 3 storm with winds of 120 mph, made landfall near Siesta Key, Florida, on October 9, prompting widespread closures of...
Weekly roundup: NADA vs. FTC in CARS rule court battle, Stellantis...
Earlier this week: NADA and FTC sparred over the CARS rule in a U.S. appeals court. Stellantis filed a lawsuit against UAW over alleged...
Dave Cantin Group’s Jump IQ Named “Dealership Solution Of The Year”...
NEW YORK, October 9, 2024 – The Dave Cantin Group’s Jump IQ software was named “Dealership Solution of the Year” today in the fifth...
Ryan Kerrigan breaks down key trends in auto buy/sell market and...
We’re now in the final stretch of 2024, and the automotive industry continues to face a number of significant shifts and challenges. From the...
Stellantis to file lawsuit against UAW over illegal strike authorization vote
Stellantis is preparing to file a lawsuit on Tuesday against the United Auto Workers (UAW) and UAW Local 186, contesting a strike authorization vote...
GM abandons Ultium brand name, shifts to tailored battery solutions
General Motors (GM) is set to abandon the Ultium brand name for its electric vehicle (EV) batteries and technologies, signaling a significant shift in...
Honda reveals bold plans for 0 Series EV lineup, targets 750,000...
At Honda’s 0 Tech Meeting 2024, the automaker unveiled its ambitious roadmap for electrification, centered around the new 0 Series of electric vehicles. Built...
CDK launches new certification program for dealership employees
Austin, Texas – October 3, 2024 – CDK, the leading automotive retail software provider, announced the launch of its new software certifications and courseware. These...
Lucid exceeds Q3 delivery expectations amid discounts and financing boosts
Lucid Motors exceeded market expectations for third-quarter deliveries, reporting a total of 2,781 vehicles handed over by September 30, surpassing analysts’ estimates of 2,242....
Wholesale used vehicle prices dip 0.5% in September, signaling market adjustment
Cox Automotive's latest data reveals that wholesale used vehicle prices fell by 0.5% in September, reversing a two-month trend of increases. The Manheim Used...