Tag: car dealers
Foxconn unveils new EV crossover and pickup concepts
Taiwanese manufacturing giant Foxconn has unveiled a new electric pickup truck and a new electric crossover, both of which are expected to make it...
NADA board elects Geoffrey Pohanka as 2023 Chair, Gary Gilchrist tapped...
The 65-member board of directors for the National Automobile Dealers Association (NADA) has elected Geoffrey Pohanka as its 2023 Chairman and Gary Gilchrist as...
Cadillac rolls out $300,000 Celestiq luxury EV
Cadillac has unveiled a new hand-built electric car with a starting price tag of more than $300,000, marking the brand's first foray into the ultra-luxury...
Bloomberg economists forecast 100% chance of US recession in the next...
New Bloomberg Economics model projections made the likelihood of a US recession 100% within the next 12 months.
The latest recession probability models forecast a...
8 upcoming cars we’re most excited to see in 2023
2023 looks to be a challenging time for automakers and dealers as the EV onslaught continues, along with the never-ending game of one-upmanship. At...
Stellantis debuts electric Jeep Avenger, invests in self-sustaining energy
Stellantis CEO, Carlos Tavares, says the company will be using its own sites to generate at least half the energy it needs for manufacturing...
Mercedes-Benz reveals 2023 EQE SUV with bonus high-performance version
Mercedes-Benz shared a frenzy of press releases over the weekend, which included further details about their upcoming electric line of SUVs. The company is...
How to boost service and fixed ops during the winter months
The winter months offer a prime opportunity for dealerships to institute revenue-generating servicing strategies and add value to customers. Additionally, the fall months provide...
The growing dealership dilemma: Get big or get out
A whirlpool of uncertainty is challenging today’s automotive industry – and dealerships are being pulled into the vortex, looking for a way forward in...
Ford to open new research and development center in Atlanta
Ford Motor Company has announced plans to open a new research and development center in the heart of Atlanta, a well-known and diverse technology...