Tag: automotive industry
How to make customer feedback part of your dealership’s growth strategy
In today’s highly competitive market, dealerships are continuously searching for new and creative ways to gain a competitive advantage. One often underestimated resource that...
New survey: dealers mostly positive about valuations, profitability in 2024
The 2023 Kerrigan Dealer Survey has been released, and it appears that most auto dealers are remaining positive about the buy/sell and M&A market...
Tesla allegedly ignored evidence of vehicle defects, blamed drivers for “chronic...
Tesla has allegedly attributed part failures to poor driving habits, charged customers for repairs stemming from potential defects, and skirted regulatory intervention despite knowing...
Robert Potamkin, dealer legend and philanthropist, passes away
Robert Potamkin, retail automotive legend and co-chair of the Potamkin Automotive Group, passed away on November 30 at the age of 77.
He leaves behind...
Toyota’s Daihatsu unit halts vehicle shipments amid safety scandal
The largest Japanese carmaker, Toyota, announced on Dec. 20, that its Daihatsu division would stop shipping any of its vehicles after an investigation into...
The best (and worst) automotive marketing strategies for 2024 — Glenn...
The car market is slowly falling back into its old habits, which means more competition, increased incentives, and bigger automotive marketing budgets. But when...
Opinion | Hyundai and Amazon: driving towards a digital future or...
Well, we've expected this for some time: Hyundai and Amazon are doing a collab in 2024, and everyone from industry insiders to the average...
Tesla boost pay in Nevada as UAW targets non-union automakers
Tesla plans to boost pay at its Nevada Gigafactory in 2024, becoming one of the last non-unionized automakers to increase compensation in the aftermath...
CPO sales show resilience in final weeks of 2023
Sales of certified pre-owned (CPO) vehicles increased in November on a year-over-year basis but fell just short of October's pace as the retail automotive...
The profit and inventory trends dealers will see in the New...
After a tumultuous year, dealers are speculating over what the New Year has in store for the retail automotive sector. Will the industry continue...