Tag: automotive industry insights
Nissan, Mitsubishi partner to produce electric pickup trucks for U.S. market
Japanese automakers Nissan and Mitsubishi are partnering to catch up to the U.S. market as it shifts towards electric vehicles. The companies have agreed...
How sales teams can boost their numbers in today’s market – Crissy...
Recent data indicates that sales leads have decreased due to factors such as interest rates, vehicle prices, and inventory availability. This puts pressure on...
Ford to mark Mustang’s 60th birthday with special event
Ford is celebrating the Mustang's 60th birthday next month with a special event and a new trim level for dedicated fans.
The Ford Mustang will...
New vehicle sales surge in first quarter on affordability return
New vehicle sales are projected to surge in the first quarter on the backs of improved affordability and stable consumer demand.
Edmunds predicts a total...
Ford cuts back production at Rouge EV factory due to ‘slower-than-expected’...
Ford has announced that starting April 1, a third of the 2,100 workers who make up three crews at the Dearborn, Michigan, Rouge Electric...
How leveraging data enhances the car buyer journey — Vanessa Ton...
Out of all the factors dictating the car buyer journey, the online and in-store experiences are the most important for dealerships to get right....
Why the used vehicle market is changing dealership inventory strategies —...
The used vehicle market is under close scrutiny as it adjusts to changing consumer preferences and evolving inventory levels. What can dealers expect from...
Ally Financial names Michael G. Rhodes as new CEO
On March 27, Ally Financial announced that Michael G. Rhodes will become the company's new CEO, effective April 29, 2024. At that point, Ally...
Fisker aggressively cuts Ocean SUV prices, looks to avoid bankruptcy
Electric vehicle startup Fisker is making aggressive price cuts across its 2023 Ocean SUV lineup as it grapples with an increasingly dire financial situation...
Hyundai “doubling down” on electrification with $50 billion investment
Hyundai Motor Group will invest $51 billion to increase the scale of its electric vehicle operations, "doubling down" on the battery-powered car segment even...