Tag: automotive industry
Ford brings back controversial stair-step incentives to drive F-150 sales
Ford is reintroducing "stair-step incentives," a controversial practice that pays dealers bonuses for surpassing sales targets on certain models, to bolster sales of 2023...
Diversifying your dealership technology tool kit – Eric Schlesinger | ActivEngage
On the latest episode of Kain & Co., host David Kain sits down with Eric Schlesinger, chief revenue officer at ActivEngage, to discuss how dealership...
Understanding the latest dealership profit forecasts
Welcome back to the latest episode of The Future of Automotive on CBT News, where we put recent automotive and mobility news into the...
Automotive weekly roundup: BYD sales plummet, Tesla disappoints, Ford wins on...
Earlier this week: China's BYD saw sales plunge from the previous quarter amidst an economic downturn. Tesla reported disappointing sales for the first quarter, marking...
Stellantis U.S. sales drop again in Q1 after weak 2023
Stellantis' U.S. sales continued to decline in the first quarter, causing it to bleed market share while other automakers reported strong year-over-year gains.
The European...
Digital Finance: Consumer Expectations and Today’s Digital Retail Reality
In last month’s article, “From the Fax Machine, to the future: Auto Finance Disruption Time is Here,” I revealed data that demonstrated how overdue...
De-mistifying dealership defection rates — Eric DeMont | Urban Science
Defection rates deliver vital information to dealers, allowing them to identify how many customers took their business elsewhere while measuring the impact of retention...
General Motors sales drop 1.5% on weakened fleet business
General Motors saw a slight decline in sales over the first quarter driven by difficulties in its fleet business but retained its title as...
Tesla faces EV competition amidst calls for a European alliance against...
The competition in the electric vehicle (EV) market is on the rise. As Tesla is set to announce its first-quarter delivery data, there are...
Educating the public on the strengths of franchised dealerships — Coulter...
The Louisiana Automobile Dealers Association (LADA) plays a critical role in the state's retail automotive environment, working with legislators to preserve the franchise model...
