TSLA360.590-20.67001%
GM72.540-2.5%
F11.590-0.09%
RIVN15.4000.46%
CYD39.410-0.08%
HMC24.150-0.16%
TM207.010-2.66%
CVNA313.5481.45799%
PAG149.3400.18%
LAD251.8201%
AN197.680-0.29%
GPI329.450-1.34%
ABG194.7600.73%
SAH64.870-0.38%
TSLA360.590-20.67001%
GM72.540-2.5%
F11.590-0.09%
RIVN15.4000.46%
CYD39.410-0.08%
HMC24.150-0.16%
TM207.010-2.66%
CVNA313.5481.45799%
PAG149.3400.18%
LAD251.8201%
AN197.680-0.29%
GPI329.450-1.34%
ABG194.7600.73%
SAH64.870-0.38%
TSLA360.590-20.67001%
GM72.540-2.5%
F11.590-0.09%
RIVN15.4000.46%
CYD39.410-0.08%
HMC24.150-0.16%
TM207.010-2.66%
CVNA313.5481.45799%
PAG149.3400.18%
LAD251.8201%
AN197.680-0.29%
GPI329.450-1.34%
ABG194.7600.73%
SAH64.870-0.38%


automotive industry news

Fred Fordin joins Driving Solutions to discuss a new data analysis tool giving dealers more control over their information than ever before.

How to make the data analysis process faster at your dealership — Fred Fordin | Fordin Automotive

- January 16, 2024
The application of data analysis has become a requisite for modern dealers, serving to guide storefronts safely through market fluctuations and allowing retailers to tailor their services based on their...
Pete MacInnis discusses a recent study on Inside Automotive, revealing consumer demand for more quote information online.

Survey finds payment quotes often inaccurate, dealers struggle to meet consumer demands – Pete MacInnis

- January 16, 2024
In the latest episode of Inside Automotive, Pete MacInnis, CEO of eLEND Solutions, joins us to discuss the most recent study conducted by eLEND regarding consumers wanting more car loan...
Community engagement is a critical tool for dealers to build rapport with customers that requires a strategic approach.

How dealers can build lasting relationships in their communities

- January 16, 2024
In the highly competitive auto retail industry, engaging with communities is not just a trendy phrase; it's an essential factor for success. Building authentic relationships within your local community can...
The Volkswagen Group reported 9.24 million sales throughout 2023 thanks to a strong fourth quarter performance.

Volkswagen sales jump 11.8% in 2023, EV volume breaks quarterly record

- January 15, 2024
The Volkswagen Group maintained an impressive recovery pace throughout 2023, ending the year up 11.8% from 2022 in terms of sales across the company's brand portfolio. The German automaker sold an...
Tesla saw its market valuation drop 12% in the first days of 2024 as clouding sentiments on the electric vehicle market worry investors.

Tesla market valuation sheds $94 billion in first weeks of 2024

- January 15, 2024
Tesla saw its market valuation shed $94 billion over the first two weeks of 2024, marking one of the sharpest share price drops in the electric vehicle company's history. The number...
Adam Robinson joins Inside Automotive to discuss how the dealership talent acquisition game is changing in 2024.

Why you should revisit your talent acquisition process in 2024 — Adam Robinson | Hireology

- January 15, 2024
Dealership methods of talent acquisition and retention have become increasingly outdated, not only in how retailers identify candidates but also in how they keep high-quality employees from quitting. With the...
Tesla manufacturing employees are set to receive a "market adjustment" raise as the UAW doubles down on its efforts to unionize the company.

Tesla boosts pay after UAW ramps up unionization efforts

- January 12, 2024
Tesla will boost worker pay across the U.S. in an effort to keep wages competitive with market norms, several months after the United Auto Workers (UAW) union won considerable raises...
Well-known rental car company Hertz announced that it would sell around one-third of its EV fleet due to the depreciation of EVs.

Hertz reduces EV fleet by 20,000 vehicles, blames Tesla

- January 12, 2024
The well-known rental car company Hertz Global Holdings announced that it would sell around one-third of its EV fleet since it depreciated faster than anticipated. The decline in value is...
The UAW says 30% of Mercedes-Benz manufacturing employees at an Alabama plant have committed to unionization.

UAW hits second unionization milestone at Mercedes-Benz plant

- January 12, 2024
The United Auto Workers (UAW) union says it has obtained union authorization cards from over 30% of Mercedes-Benz's Alabama manufacturing employees, marking another milestone in the group's efforts to organize...
Adam Arens joins Inside Automotive to share his perspectives on the 2023 auto market and his dealership strategy recommendations for 2024.

Strategies to prepare your dealership for 2024 — Adam Arens | Patriot Automotive Group

- January 12, 2024
Things have changed in the dealership over the last four years. Keeping up with these shifts is crucial, not only to determine how far the retail automotive sector has come...


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