On Wednesday, March 26, President Donald Trump signed an executive order to impose 25% tariffs on all imported automobiles and auto parts. His administration has stated that these measures will...
Volvo Cars has announced the return of former CEO Håkan Samuelsson to lead the company, replacing Jim Rowan, who stepped down after just three years.
Samuelsson will serve a two-year term...
Aston Martin received a $162 million funding boost from its chairman, Lawrence Stroll, to help navigate ongoing financial challenges. The investment comes from Stroll's Yew Tree Consortium, which will also...
Lucid Motors is seeing a surge in demand from former Tesla owners, with 50% of its recent orders coming from drivers looking to switch brands.
Lucid’s interim CEO, Marc Winterhoff, revealed...
Earlier this morning, a Tesla dealership on the outskirts of Rome, Italy, erupted into flames that destroyed over a dozen of vehicles. Italian police are investigating the cause of the...
In today's competitive automotive market, salespeople are discovering that personal branding can be just as essential as a dealership's brand. Tianna Mick, Chief Marketing Officer at Dealer Synergy, joins us...
The latest Cox Automotive Dealer Sentiment Index (CADSI) reveals that U.S. dealers still face challenges in early 2025, with overall sentiment remaining below the neutral threshold. Despite a slight improvement...
In recent weeks, the automotive industry has been in turmoil due to concerns over President Donald Trump’s 25% tariffs on automobiles, which have shaken the global market. In today’s special...
President Donald Trump has proposed a tax deduction for interest paid on auto loans for U.S.-made vehicles, a move aimed at boosting domestic car production while counteracting potential price increases...
Ferrari has announced price increases of up to 10% on specific models in response to new U.S. import tariffs set to take effect on April 2. The Italian luxury automaker...