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...
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 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...
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...
Welcome back to the latest episode of The Future of Automotive on CBT News, where we put recent automotive and mobility news into the context of the broader themes impacting...
Sentiments toward the automotive market shifted among dealers, manufacturers, and other industry insiders in accounting and professional services conglomerate KPMG's latest Global Automotive Executive Survey.
While current perspectives on the automotive...
New car prices continued to fall in December as the automotive market remains on track to hit pre-pandemic norms in the near future.
According to Cox Automotive, new vehicle transaction prices...
As the retail automotive sector has adjusted to new technologies, government policies, and consumer preferences, so too has the dealership buy-sell market. Although the pace of mergers and acquisitions activity...
Dealership marketing strategies must be frequently tuned to maintain their effectiveness, lest consumer preferences and technological advances make them obsolete. As the retail automotive community enters into a new year...
Technology is always evolving, and one of the industries that consistently pushes the boundaries of innovation is the automotive industry. When it comes to careers in the industry, however, there...