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

Greg Uland joins Driving Solutions to discuss the challenges facing car dealers in 2024 and the innovations helping them find success.

Simplifying the management process for car dealers — Greg Uland | Reynolds and Reynolds

- January 26, 2024
Car dealers are faced with a multitude of unenviable challenges in 2024, ranging from uncertainty over profit margins to decreasing loyalty among consumers. More than ever, they need simple solutions...
Rusty West joins Driving Solutions to discuss how dealers can prepare their businesses for the upcoming CARS rule.

What dealers must know about the CARS rule — Rusty West | Market Scan

- January 26, 2024
The Federal Trade Commission's (FTC) Combatting Auto Retail Scams policy, better known as the CARS rule, aims to make the car buying process more transparent. However, many dealers say the...
Discover key insights into incorporating battery storage for your dealership’s sustainable energy storage. 

How automotive dealerships can save money with battery energy storage

- January 26, 2024
Automotive dealerships must prioritize upgrading their electric infrastructure to support the anticipated increase in electric vehicle (EV) sales, projected to reach 2.5 million per year in 2028. The U.S. federal...
Under President Joe Biden, the EPA's proposed emission regulations aim to cut emissions by 56% and reduce pollutants by 60% by 2032.

U.S. auto dealers send second appeal to Biden over EPA’s strict emission rules

- January 25, 2024
Nearly 5,000 U.S. auto dealerships have issued a second appeal to President Joe Biden, urging him to reconsider the Environmental Protection Agency's (EPA) proposed stricter vehicle pollution standards. This appeal...
Tesla generated $7.9 billion in net income in the final months of 2023, clouding profitability expectations for the coming months.

Tesla Q4 earnings plunge 40% despite revenue, sales gains

- January 25, 2024
Electric vehicle brand Tesla reported a steep decline in fourth-quarter profits against a 3.5% increase in revenue over the same period, missing analyst forecasts and raising questions for the new...
Ford and Hyundai shared financial with updates with investors amidst a backdrop of uncertainty over the car market's future.

Ford dials back Q4 earnings expectations, Hyundai profits jump 31%

- January 25, 2024
Automakers Ford and Hyundai shared financial updates from the fourth quarter, offering new insights into their 2023 performance. Ford announced that a pre-tax remeasurement loss, stemming from employee retirement expenses and...
Farid Ahmad joins Driving Solutions to discuss the 2023 dealership M&A market and the buy-sell trends he expects to see in 2024.

Forecasting the 2024 dealership M&A market — Farid Ahmad | DSMA

- January 25, 2024
The dealership M&A (mergers and acquisitions) market has demonstrated incredible resilience in the post-pandemic economy, remaining undaunted by rising interest rates and fluctuating demand. On the other hand, the buy-sell...
In automotive, we rely on the CSI score to give us feedback – and the telephone experience is a high priority on that survey.

How a telephone system can increase your CSI score

- January 25, 2024
Customer Experience (CX) is created every time a customer engages with your dealership from car shopping research to ongoing service and repair work. It’s not a surprise, therefore, that CX...
Aaron Baldwin joins Driving Solutions to discuss the headwinds facing car dealers in 2024 and how data is paving the way to bigger profits.

How data is helping car dealers maximize profits and retain customers — Aaron Baldwin | automotiveMastermind

- January 25, 2024
Car dealers have navigated a pandemic, high interest rates, inflation, and fluctuating demand with relative ease, underlining the strength of the retail automotive sector. However, with consumer preferences evolving and...
The Edmunds best-vehicle awards focused almost entirely on hybrid and fully-electric entries, with only once ICE model winning recognition.

Hybrids and EVs take center-stage in Edmunds best-car awards

- January 24, 2024
Edmunds has released its top-rated vehicle picks for 2024, recognizing the models that have continued to set the standard for excellence in their segment. Electric vehicles and hybrids earned much of...


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