Tag: automotive news
BYD EV sales plummet in Q1 as hybrids surge
China-based automaker BYD has reported a significant drop in electric vehicle sales after aggressive price cuts drove record-high volumes in the previous quarter.
On Monday,...
First quarter new vehicle sales set to rise despite slower March
Analysts project new vehicle sales will rise in the first quarter despite a demand cooldown observed in March, as echoes from the post-pandemic boom...
How to integrate a seamless car buying experience — Yaron Rosen...
Dealers know that the key to higher sales and profitability is an unparalleled car buying experience. Unfortunately, with consumers now demanding more convenient processes...
China’s SAIC allegedly plans layoffs at GM, VW joint ventures after...
State-owned Chinese automaker SAIC Motors may be planning to lay off a significant portion of its General Motors and Volkswagen joint-venture staff, in addition...
Tesla hikes Model Y price as Q1 sales report looms
Tesla has raised prices across its Model Y lineup as the company braces for the release of its quarterly sales report.
All Model Y trim...
Ford to mark Mustang’s 60th birthday with special event
Ford is celebrating the Mustang's 60th birthday next month with a special event and a new trim level for dedicated fans.
The Ford Mustang will...
New vehicle sales surge in first quarter on affordability return
New vehicle sales are projected to surge in the first quarter on the backs of improved affordability and stable consumer demand.
Edmunds predicts a total...
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...
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,...
