Badger pickup eliminated from updated GM and Nikola MOU
Nikola Corporation has had a volatile 2020 with both ups and downs, but this week’s news has caused Nikola shares to plunge yet again. Just two months after Nikola’s founder, Trevor...
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 Trends
Average transaction prices down slightly from October but industry going strong
According to Kelley Blue Book analysts, the average transaction price for new vehicle sales in November 2020 is expected to decrease marginally from last month’s high. Estimating an ATP of $39,259 for...
The coming importance of AI in automotive retail
Have world events changed the automotive funnel and purchase experience forever? Recent trends would indeed seem to point to a disruption in the process.
At best, you'll have to change how...
What car dealers can expect for Black Friday 2020
Black Friday is one of the busiest shopping days of the year and although this year might look slightly different due to the pandemic, consumers are still expected to shop...
Connected cars and OTAs: What are the pros and cons for dealers?
Who knew we would be living in a time when cars began to act like computers? Today's cars are connected in ways that we have never seen before.
Drivers can access...
Pressure mounting for EV expansion in North America
The pressure for widespread adoption of electric vehicles is increasing worldwide, including at home in the US. UK’s Prime Minister Boris Johnson announced a ban on vehicles powered solely by...
Vehicle subscription options on the rise from car manufacturers
In the United States, more than 90% of households own a car. However, a shift is happening in the auto industry where urbanites are leaning away from car ownership in...
Is the auto retail industry poised for a strong start to 2021? – Jonathan Smoke
There have been many ups and downs throughout 2020 for the automotive industry. Dealers are coming off an incredible Q3, but will it carry over through Q4 and into the...
Auto industry anticipates changes under Biden presidency
While emerging from the financial crisis in 2008, the Obama administration, which included president-elect Joe Biden, announced its goal to have 1 million electric vehicles (EVs) on U.S. streets by...
Why 2020 has been favorable for car dealers despite the economic hurdles – Steve Greenfield
On today’s show, we’re pleased to welcome Steve Greenfield, automotive expert, and CEO/Founder of Automotive Ventures. Greenfield specializes in advising founders, owners, and CEOs on mergers, acquisitions, and capital raises....
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