April 2023 is a tale of two stories. One indicates that buyers are continuing to benefit from increased inventory offerings, while the other shows there might be a slowdown approaching...
Could you buy an electric vehicle - whether new or used, with the current EV prices available on the market? How about six months from now, or when your current...
The critical acceleration of digital retailing has undoubtedly led almost every industry to invest heavily in technology and eCommerce solutions. This includes the auto industry, with dealerships needing to design...
Auto retailers have commonly averaged the last three years of earnings to estimate expected future profitability. This methodology proved to be an effective predictor of future earnings for the years...
After all the research, test drives and negotiations, when a customer chooses to purchase a car, they are putting their trust in the hands of the dealer.
Beyond the large financial...
According to a joint auto sales forecast from J.D. Power and LMC Automotive, total new-vehicle sales, including retail and non-retail transactions, are expected to hit 1,316,500 units in April, representing...
Tesla's recent and drastic price cuts on its electric cars in various markets have shaken the global auto industry. However, automaker Stellantis has remained steadfast in its EV strategy and...
Welcome to another edition of The Future of Automotive, with Steve Greenfield, Founder, and CEO of Automotive Ventures, where we put recent automotive and mobility news items into context, in...
Earlier this week: Production will end for Chevrolet's most affordable EV, the Chevy Bolt; the International Energy Agency (IEA) released its Global EV Outlook for 2023, California reached its ambitious EV...
The cost of courtesy loaner fleets presents a familiar challenge for every dealer: Spend on cars that can win customers and increase some RO values, or save on fleet costs...