Tag: car dealers
Penske Automotive reports record Q3 revenue of $6.9 billion
Penske Automotive Group announced its third-quarter earnings on Wednesday, showing positive growth across almost all measurements.
The automotive and commercial truck retailer reported that revenue...
Study shows many car buyers have returned to pre-pandemic shopping habits
CarGurus announced the release of its 2022 Consumer Insights Report on Wednesday, and this year's report includes not only buyer insights but seller insights...
Tesla shares first glimpse inside California megafactory
To ramp up hiring and recruiting, Tesla CEO Elon Musk shared the first peek at its new Megafactory in Lathrop, California.
Musk shared the video...
Should your auto dealership run its own rental/loaner car program?
Although dealership groups are bringing in more money these days, inflation is now over 8%, and a recession is causing many dealers to investigate increasing...
General Motors Q3 earnings beat estimates, posts record revenue of $41.9...
General Motors announced its third-quarter earnings on Tuesday, with results beating analysts' expectations and easing concerns about a possible recession.
The automaker reported diluted earnings...
2023 Ford Escape gets new design and upgraded tech, starts at...
Ford Motor Company announced it is updating its popular Escape model in an effort to differentiate it from the Bronco Sport. The company is...
Hyundai breaks ground on $5.5 billion EV plant in Georgia
Hyundai Motor Group broke ground on its new $5.54 billion "Metaplant" near Savannah, Georgia, yesterday. The company hosted a groundbreaking ceremony to mark the...
2023 Kia Niro EV starts near $40,000, will be available nationwide...
Kia has announced US pricing for the upcoming 2023 Kia Niro EV, which is expected to arrive in dealerships across all 50 states starting...
What should be on your dealership’s content marketing calendar?
Your content marketing calendar helps you plan, manage and execute your advertising and social media marketing strategy to fit your customer's needs. There may...
Toyota considers revising its EV strategy to contend with competition —...
Toyota is considering retooling its electric vehicle strategy to speed up its entry into the EV market and better compete with industry leaders like...
