Tag: car business
New labor agreement with Ford gets approved by Canadian autoworkers
On September 24, Ford and its Canadian autoworkers approved a new labor contract, preventing a strike that had been threatened and possibly setting the...
UAW expands strike, Jaguar adopts NACS, Toyota accelerates EVs
Inside Automotive
How import auto dealers drive success for their brands
Global vehicle franchises require organized communities of import auto dealers in countries like America, where...
Toyota will ramp up EV production, aiming towards 600,000 by 2025...
Nikkei Asia reported that Toyota would increase its EV production under its upscale Lexus and other Toyota brands.
According to the Nikkei report, the Japanese...
Weekly roundup: UAW strike — week 1 recap and expert insights
Earlier this week: Tensions escalated between the United Auto Workers (UAW) and Detroit-Three automakers, with the situation rapidly capturing national attention. General Motors president...
GM and Stellantis layoffs, new UAW proposal, Fed skips rate hike
Inside Automotive
Why Michigan dealers and OEMs are growing together not apart — Eddie Hall III | NAMAD
Michigan dealers have the honor of working within...
Fed maintains interest rates but auto industry still faces economic tension
As anticipated, the Federal Reserve maintained rates regarding the declared short-term rate policy. However, they also clarified that there may be more rate increases...
The time is now for F&I transparency
Even before the pandemic, the auto industry was undergoing a transformation. Operations like CarMax and Carvana were delivering "no surprise" experiences to customers, while Tesla sought to skip...
GM president responds, service revenue rises, new driving range study
Inside Automotive
Setting realistic goals for electric vehicle sales — Christine Erickson | SDADA
South Dakota was the first state to challenge Ford's Model e program,...
Hyundai races to open Georgia facility due to domestic EV incentives
In response to federal EV incentives favoring domestic production, a top Hyundai executive claimed that the company is rushing to begin producing EVs and...
New union deadline, Trump plans UAW address, Hyundai donates $100,000
Inside Automotive
Used car market trends: why dealers are turning to multichannel acquisitions — Danny Zaslavsky | VINCUE
The used car market has experienced more ups...