Tag: automotive industry
How leveraging data enhances the car buyer journey — Vanessa Ton...
Out of all the factors dictating the car buyer journey, the online and in-store experiences are the most important for dealerships to get right....
Why the used vehicle market is changing dealership inventory strategies —...
The used vehicle market is under close scrutiny as it adjusts to changing consumer preferences and evolving inventory levels. What can dealers expect from...
High stakes as new EV makers burn cash and seek lifelines
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: Nissan targets growth, online sales rise, Hyundai Invests...
Earlier this week: Nissan plans to boost sales by 1 million units and slash EV costs through its "Arc" strategy by 2027. CarGurus reports...
Dealer Jack Kain, former NADA chair, passes away at age 94
Jack Kain, legendary Ford dealer, founder of Kain Family Ford, and former Chairman of the National Automobile Dealers Association (NADA), passed away March 26,...
Fisker aggressively cuts Ocean SUV prices, looks to avoid bankruptcy
Electric vehicle startup Fisker is making aggressive price cuts across its 2023 Ocean SUV lineup as it grapples with an increasingly dire financial situation...
Hyundai “doubling down” on electrification with $50 billion investment
Hyundai Motor Group will invest $51 billion to increase the scale of its electric vehicle operations, "doubling down" on the battery-powered car segment even...
Using data to get the most out of your digital marketing...
Digital marketing has become a major component of automotive retail, serving to drive leads, strengthen branding, and broaden the scope of dealers' markets. However,...
Automakers, officials weigh in on impacts after Baltimore port bridge collapse
Automakers are taking steps to offset delays created by the tragic collapse of the Francis Scott Key Bridge over Baltimore port, a key shipping...
Column | How China’s auto ambitions are reshaping global markets
The global automotive industry is in a transformative phase, heavily influenced by America’s weaknesses and China’s expansive role. From dominating chip manufacturing to increasing...
