Tag: automotive industry news
UAW sets sights on Mercedes-Benz after Volkswagen victory
Fueled by its success at Volkswagen, the United Auto Workers (UAW) union is turning its attention to Mercedes-Benz and other non-unionized automakers as it...
Tesla profits plummet in Q1, company accelerates new product development
Tesla reported steep declines in first-quarter revenue and profit but rallied shareholders over promises of new products.
The electric vehicle manufacturer reported revenue of $21.3 billion,...
Top automotive industry trends to track in Q2 — Kevin Tynan |...
The automotive industry has already seen significant change in the short time since the start of the year, making it more important than ever for dealers...
Electric vehicle sales set to surge in 2024 despite affordability challenges
Electric vehicle sales are projected to rise sharply in 2024 despite persistent challenges in some markets, according to the International Energy Agency (IEA).
The group forecasts...
General Motors profits rise in Q1, 2024 earnings forecast revised
General Motors beat analyst estimates in its first quarter earnings report, scoring a significant profit boost despite seeing a decline in year-over-year sales.
The Detroit automaker...
Elevate and educate: taking your service and sales coaching to the...
Welcome to another episode of Loyalty-Based Sales Strategies on CBT News with host Jen Suzuki, president of eDealer Solutions, sales coaching veteran, and NADA...
6 key mental muscles for leaders in the dealership – Scott...
As a leader, it's no secret that you're going to face challenges, and you're going to be truly tested when things get tough. In...
Tesla heavily discounts FSD price as Q1 earnings report looms
Tesla has drastically lowered the lifetime price of its Full Self Driving (FSD) service ahead of the company's quarterly earnings report scheduled to be...
UAW scores crucial victory as VW workers vote yes to unionization
Workers at Volkswagen's Tennessee plant voted overwhelmingly in favor of joining the United Auto Workers (UAW) union last week, following months of campaigning at the facility.
Roughly 4,000 employees...
How AI is driving transparency in the vehicle pricing process
In today’s dynamic market, vehicle pricing is everchanging with vehicle condition, location, color and even added features like heated seats impacting the price tag...