As electric vehicle (EV) adoption continues to grow, leasing remains an attractive option for consumers looking to save on monthly payments. With EV sales reaching 1.3 million units in 2024...
On today’s episode of Inside Automotive, Jeff Dyke, president of Sonic Automotive, shares the company’s impressive fourth-quarter earnings and outlook for 2025. He also discusses strategic acquisitions, challenges with tariffs,...
The Trump administration is unlikely to implement automobile tariffs on April 2, marking a significant shift from its original trade policy. This news was first reported by Bloomberg and later...
Ford's dividend payout is facing significant pressure due to the impact of new U.S. import tariffs, and a potential reduction seems increasingly likely. The company’s dividend yield, currently at 6%,...
With more customers holding onto their vehicles longer, fixed operations remains a critical revenue driver for dealerships. At Parkway Toyota, Fixed Operations Director Nick Latino has refined his approach to...
Stellantis has offered buy-out packages to UAW-represented hourly employees in Detroit and Toledo facilities as part of its broader cost-cutting strategy. Employees with at least one year of experience with...
The latest Car Buyer Journey Study from Cox Automotive marks its 15th year, offering vital insights into consumer behavior, satisfaction, and digital retailing trends. As inventory stabilizes and digital adoption...
To remain competitive in today's evolving automotive industry, dealerships must seek out and capitalize on new revenue streams. One of the most overlooked, yet highly profitable opportunities lies in commercial...
Nissan Motor Co. will shrink its executive leadership team by 20% as part of a leadership restructuring effort. The automaker announced the changes on Wednesday, citing the decision as an...
As inflation continues to impact manufacturing costs, automakers are seeking new ways to sustain their long-term investments without compromising growth. Mazda is implementing several cost-effective measures to maintain its electrification...