The untapped well in your own backyard
Today's auto industry represents a landscape that is at its most unpredictable as it’s ever been. There are a multitude of reasons, such as supply chain disruptions, shifting regulations, and...
TSLA354.720-7.72%
GM83.9600.3%
F12.4300.12%
RIVN12.420-0.6%
CYD26.020-0.33%
HMC34.2800.22%
TM194.6102.67%
CVNA58.830-1.7899%
PAG212.4200.42%
LAD295.140-0.17%
AN161.7301.93%
GPI242.2202.42%
ABG170.0500.18%
SAH63.6100.1%
TSLA354.720-7.72%
GM83.9600.3%
F12.4300.12%
RIVN12.420-0.6%
CYD26.020-0.33%
HMC34.2800.22%
TM194.6102.67%
CVNA58.830-1.7899%
PAG212.4200.42%
LAD295.140-0.17%
AN161.7301.93%
GPI242.2202.42%
ABG170.0500.18%
SAH63.6100.1%
TSLA354.720-7.72%
GM83.9600.3%
F12.4300.12%
RIVN12.420-0.6%
CYD26.020-0.33%
HMC34.2800.22%
TM194.6102.67%
CVNA58.830-1.7899%
PAG212.4200.42%
LAD295.140-0.17%
AN161.7301.93%
GPI242.2202.42%
ABG170.0500.18%
SAH63.6100.1%
automotive industry
Fleet sales take first hit in 2023 during UAW strike
In a first for 2023, fleet sales dipped in October due to production halts caused by the United Auto Workers strike, according to Cox Automotive.
Fleet sales declined 10.4% from October...
How your dealership can find stellar automotive technicians
Hiring technicians today is more than putting bodies in service bays. These team members have to have the right skill set, possess a strong work ethic, be able to get...
Dealership valuations remain strong but forecasts starting to weaken
Most auto retailers have remained confident in their dealership valuations throughout the 2023 buy-sell market, but a growing number are starting to feel less certain due to demand and profit-margin...
United Auto Workers shares updates on General Motors contract
United Auto Workers leaders on Saturday detailed the union's tentative agreement with General Motors, the last of the Detroit-Three automakers to reach a deal.
According to the UAW's announcement, General Motors...
Overcoming the trust gap between in-store and digital retail — Chase Abbott | Cox Automotive
Dealers often prioritize their in-store activities over their digital retail operations due to a lack of trust in modern technology and today's car buyers. However, not only are both approaches...
In-house vs external BDC: How and why to make a switch
For a dealership, follow-up with customers is absolutely crucial. Some customers will choose which dealership to shop at based on interactions with salespeople over the phone, through text, or email,...
5 ways to knock down silos and build bridges across dealership departments
If there is one thing I have learned in my 20+ years working in auto dealerships, it is that an auto dealership, at the end of the day, is very...
United Auto Workers sets sights on non-unionized companies, targets Toyota
With their fight against Detroit-Three OEMs (presumably) won, United Auto Workers leaders are turning their attention toward non-unionized automakers in the U.S., such as Tesla and Toyota.
In a series of...
Ford sales take first dive in 2023, ICE declines while EVs rise
Ford sales declined for the first time this year in October, during which the company navigated a six-week United Auto Workers strike and disappointing third-quarter earnings.
The automaker's total vehicle sales...
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