Tag: car dealer
Treasury Dept. announces consumer leases can qualify for new EV tax...
As of January 1, 2023, automakers selling EVs with final assembly outside of North America could qualify for a commercial vehicle tax credit, according...
Tesla reports record 405,000 vehicle deliveries in Q4, misses annual guidance
Despite losing 65% of its market value in 2022, Telsa is still the world’s most valuable automaker. In a report released by Telsa, its...
How dealers can get involved in the battle to protect their...
For years, auto sales have been facilitated through franchised dealers, but the direct-to-consumer sales model is becoming more prominent as newer automakers opt to...
Used vehicle inventory nears pre-pandemic levels in October — Cox Automotive
According to Charlie Chesbrough, senior economist at Cox Automotive, asking prices for vehicles are now reflecting decreased wholesale prices. By Thanksgiving, he continues, "the...
California rejects Prop 30, declining to tax the wealthy to fund...
California residents have rejected a proposal to fund electric vehicle tax incentives and EV charging infrastructure in the state by taxing wealthy residents.
During the...
Lucid sues Texas over dealer franchise laws
Lucid Group is taking legal action against the State of Texas, claiming that the state’s “economic protectionism” guidelines imposed on auto dealers are hindering...
How car dealers can honor and celebrate veterans
Friday, November 11, is Veteran's Day, where we honor members of all military branches for their service as the country’s protectors. Across the nation,...
5 things that car salespeople should address in EV walkarounds
The jury is still out about how long it will take for electric vehicles to capture the majority of car sales. But as electric vehicle...
8 strategies for winning over out-of-warranty service customers
While the average passenger vehicle on the road in the U.S. today is increasing in age – hitting more than 12 years old in...
What impact does digital retailing have on your car dealership’s ROI?
Roadster, NADA, and Upwave partnered to take a close look at how digital retailing impacts ROI. The Dealer Impact Study examined areas like online...
