Tag: automotive industry
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...
How virtual F&I improves the in-store car-buying experience
Throughout the year, dealership financing and insurance (F&I) departments have been navigating tough issues from high interest rates to increased frustrations with the car-buying...
7 key ingredients for dealership-wide accountability
One of the most difficult yet important tasks for business leaders is finding ways to hold their staff accountable. From employees who have worked...
Researchers slash electric vehicle sales forecasts for 2024
While electric vehicle sales are still on track to grow in 2024, analysts have grown more cautious toward the segment following a disappointing year...
Used vehicle market holds course in November, sales and prices weaken
November was a predominantly stable month for the used vehicle market, even though sales volumes, pricing and inventory levels trended in unsatisfactory directions.
According to...