Your #1 source for auto industry news and content

Home Tags Automotive industry news

Tag: automotive industry news

The UAW is confident in its ability to score another victory at Mercedes-Benz, despite concerns that union support may be lacking.

UAW sets sights on Mercedes-Benz after Volkswagen victory

0
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 reported $1.13 billion in net income for the January-through-March period as the effect of slow sales and price cuts cut into profits.

Tesla profits plummet in Q1, company accelerates new product development

0
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,...
Kevin Tynan joins Inside Automotive to share his insights into the key automotive industry trends impacting dealers in Q2.

Top automotive industry trends to track in Q2 — Kevin Tynan |...

0
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...
The International Energy Agency expects electric vehicle sales to rise sharply in 2024 with growth driven primarily by China.

Electric vehicle sales set to surge in 2024 despite affordability challenges

0
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 posted strong first quarter earnings this week, offsetting declines in sales with better pricing.

General Motors profits rise in Q1, 2024 earnings forecast revised

0
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...
On this episode of Loyalty-Based Sales Strategies, Jen Suzuki shares a framework for improving engagement during your sales coaching.

Elevate and educate: taking your service and sales coaching to the...

0
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...
In the latest episode of Inside Automotive, we're joined Scott Mautz, who says mental strength can make all the difference.

6 key mental muscles for leaders in the dealership – Scott...

0
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 is cutting the price of its FSD service as it looks to bolster demand amidst a cooldown in electric vehicle sales.

Tesla heavily discounts FSD price as Q1 earnings report looms

0
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...
Volkswagen workers voted overwhelmingly in favor of unionizing, giving the UAW a sizable boost in legitimacy after months of campaigning.

UAW scores crucial victory as VW workers vote yes to unionization

0
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...
AI is helping dealers inspect and price cars more efficiently and transparently with its ability to instantly study millions of data points.

How AI is driving transparency in the vehicle pricing process

0
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...