TSLA360.590-20.67001%
GM72.540-2.5%
F11.590-0.09%
RIVN15.4000.46%
CYD39.410-0.08%
HMC24.150-0.16%
TM207.010-2.66%
CVNA313.5481.45799%
PAG149.3400.18%
LAD251.8201%
AN197.680-0.29%
GPI329.450-1.34%
ABG194.7600.73%
SAH64.870-0.38%
TSLA360.590-20.67001%
GM72.540-2.5%
F11.590-0.09%
RIVN15.4000.46%
CYD39.410-0.08%
HMC24.150-0.16%
TM207.010-2.66%
CVNA313.5481.45799%
PAG149.3400.18%
LAD251.8201%
AN197.680-0.29%
GPI329.450-1.34%
ABG194.7600.73%
SAH64.870-0.38%
TSLA360.590-20.67001%
GM72.540-2.5%
F11.590-0.09%
RIVN15.4000.46%
CYD39.410-0.08%
HMC24.150-0.16%
TM207.010-2.66%
CVNA313.5481.45799%
PAG149.3400.18%
LAD251.8201%
AN197.680-0.29%
GPI329.450-1.34%
ABG194.7600.73%
SAH64.870-0.38%


automotive industry

Dealers maintained carefully balanced inventories in November as the used vehicle segment grappled with lower sales and prices.

Used vehicle market holds course in November, sales and prices weaken

- December 18, 2023
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 Cox Automotive, dealers sold an estimated...
Hyundai and Amazon's new online car selling partnership: legal insights and dealer impact explored by attorney Len Bellavia.

Exploring the legality of Hyundai and Amazon’s new partnership with attorney Len Bellavia

- December 18, 2023
Starting next year, Hyundai dealers will be able to sell vehicles through the Amazon platform with other brands set to follow. Joining us on today's show to discuss this partnership...
Tony Gomez joins Driving Solutions to discuss the need for revitalized training programs in the retail automotive industry.

Improve your customer service and retention with the right training — Tony Gomez | Quantum⁵

- December 18, 2023
 Training is a crucial component of any dealership's success, often determining the business's ability to provide competitive service and retain customers. Unfortunately, many dealers rely on outdated educational practices that...
While managers set broad goals for their department, mentors takes a personalized approach by tailoring opportunities to each employee.

The mentorship mindset: how effective leaders nurture the growth of their teams

- December 18, 2023
For dealership managers and executives, getting top talent in place is only half the battle for driving sales and boosting profits. Sharp leaders realize that success comes from developing people...
New vehicle supply rose 57% year-over-year over November and into December, with some automakers adjusting production rates in response.

New vehicle supply reaches two-year high in early December

- December 15, 2023
New vehicle supply has made a substantial recovery throughout 2023, culminating in December's initial inventory total of 2.56 million units, the highest levels seen since early 2021. That number represents a...
Jaguar Land Rover offered initial details of its upcoming Ranger Rover Electric scheduled for 2024 alongside a new promotional video.

Range Rover shares select details on upcoming electric model

- December 15, 2023
Jaguar Land Rover shared details and first images of the upcoming Range Rover Electric ahead of its scheduled release next year alongside a new promotional video earlier this week. The Range...
Dealer association presidents share their thoughts concerning the Hyundai-Amazon partnership and the White House's electric vehicle push.

Dealer association presidents react to Hyundai-Amazon partnership and Biden EV push

- December 15, 2023
The last year has been one of the busiest for dealer associations as the industry grapples with a host of unprecedented events, some of which could permanently change the face...
I’m Steve Greenfield from Automotive Ventures, and I’m glad that you could join us.It’s been a tough quarter for many of the legacy automakers. highways emissions

What is location intelligence and how can it help car dealerships?

- December 15, 2023
Welcome back to the latest episode of The Future of Automotive, with Steve Greenfield, Founder and CEO of Automotive Ventures, where we put recent automotive and mobility news into the context of the broader...
Automotive industry shifts and trends: New car prices fall, hybrid demand up, Asbury acquires Koons, EV sales grow, UAW actions.

Weekly roundup: New car prices fall, hybrid demand rises, Asbury acquisition, UAW labor disputes

- December 15, 2023
Earlier this week: New car prices saw a decline in November, with Tesla being the most affected. Hybrid vehicles are gaining momentum as manufacturers balance the shift to electric vehicles...
Robotaxi service and General Motors subsidiary Cruise dismissed nine leaders and laid off 900 employees as it grapples with safety inquiries.

Cruise fires 9 leaders, lays off 900 employees amidst safety probes

- December 14, 2023
This week, Robotaxi service and General Motors subsidiary Cruise let go of nine leading team members and revealed it would lay off an additional 900 employees as it faces investigations...


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