(Presumed) tough times mean a back-to-basics approach
The R-word. The one no dealer wants to hear and well…none of us want to think about it.
Recession.
And though most economists are saying we’re not in one quite yet, there’s...
TSLA426.0108.16%
GM78.7901.58%
F14.9301.26%
RIVN14.2200.07%
CYD57.3501.69%
HMC26.4700.21%
TM189.080-0.58%
CVNA68.2803.89%
PAG164.7303%
LAD276.5802.05%
AN189.9803.55%
GPI326.1806.07%
ABG187.7202.34%
SAH78.1602.26%
TSLA426.0108.16%
GM78.7901.58%
F14.9301.26%
RIVN14.2200.07%
CYD57.3501.69%
HMC26.4700.21%
TM189.080-0.58%
CVNA68.2803.89%
PAG164.7303%
LAD276.5802.05%
AN189.9803.55%
GPI326.1806.07%
ABG187.7202.34%
SAH78.1602.26%
TSLA426.0108.16%
GM78.7901.58%
F14.9301.26%
RIVN14.2200.07%
CYD57.3501.69%
HMC26.4700.21%
TM189.080-0.58%
CVNA68.2803.89%
PAG164.7303%
LAD276.5802.05%
AN189.9803.55%
GPI326.1806.07%
ABG187.7202.34%
SAH78.1602.26%
automotive industry
Volkswagen to hit U.S. market with EV priced under $35,000
On November 9, Volkswagen announced its plans to launch an electric vehicle (EV) under $35,000 in the United States within the next two to four years. Meanwhile, Chinese automaker Nio...
Biden attended United Auto Workers event, endorses plan to organize non-union OEMS
President Biden encouraged United Auto Workers members to expand their influence to non-unionized automakers during an appearance at a Thursday event hosted by the organization.
The President has now appeared alongside...
The entrepreneurs and investors leading the automotive tech revolution
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...
How car salespeople can save and invest consistently when making a living on commission
The challenge of committing and remaining consistent with investment savings aside from your 401k when your money is dominated by commission-based income.
A difficult challenge to overcome? Yes. But far from...
Social media savvy: building an engaging online presence for your dealership
In today's digital age, it is imperative for businesses, including car dealerships, to have a strong online presence. Social media platforms offer a unique chance to engage with customers, build...
Used vehicle prices reverse course after August, September gains
Wholesale used vehicle prices declined slightly in October as the market continued to fluctuate in response to the post-pandemic economy.
According to Cox Automotive's monthly report, wholesale used vehicle prices dropped 2.3%...
Where dealership groups stand heading into Q4 — Jeff Dyke | Sonic Automotive
At the end of October, Sonic Automotive held its third-quarter earnings call with shareholders, sharing details of its performance over the period and setting expectations for the months to come....
The most important retail automotive trends to monitor for 2024 — Patrick Manzi | NADA
Retail automotive continues to change under a multitude of factors, from fluctuating interest rates to changing consumer preferences. As dealers prepare for the new year, it is crucial to study...
Solving lead defection once and for all — Eric DeMont | Urban Science
For many years, lead defection has been a frustrating but unavoidable headache for dealers, who have historically lacked the necessary tools to identify consumers who have left the car market....
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