TSLA360.590-20.67001%
GM72.540-2.5%
F11.590-0.09%
RIVN15.4000.46%
CYD39.410-0.08%
HMC24.150-0.16%
TM207.010-2.66%
CVNA313.5481.45799%
PAG149.3400.18%
LAD251.8201%
AN197.680-0.29%
GPI329.450-1.34%
ABG194.7600.73%
SAH64.870-0.38%
TSLA360.590-20.67001%
GM72.540-2.5%
F11.590-0.09%
RIVN15.4000.46%
CYD39.410-0.08%
HMC24.150-0.16%
TM207.010-2.66%
CVNA313.5481.45799%
PAG149.3400.18%
LAD251.8201%
AN197.680-0.29%
GPI329.450-1.34%
ABG194.7600.73%
SAH64.870-0.38%
TSLA360.590-20.67001%
GM72.540-2.5%
F11.590-0.09%
RIVN15.4000.46%
CYD39.410-0.08%
HMC24.150-0.16%
TM207.010-2.66%
CVNA313.5481.45799%
PAG149.3400.18%
LAD251.8201%
AN197.680-0.29%
GPI329.450-1.34%
ABG194.7600.73%
SAH64.870-0.38%


dealership news

Despite possible headwinds in the economy and sales, GM exceeded Wall Street's projections for Q4 and is predicting another successful year.

GM surges Q4 earnings, prepares for another successful year

- January 30, 2024
Despite possible headwinds in the economy and sales, General Motors (GM) exceeded Wall Street's projections for both its top and bottom lines in the fourth quarter and is predicting another...
However, Vinfast has recently reduced the car's lease price, making it one of the most affordable new cars to lease in the U.S.

VinFast offers massive lease discount in hopes of boosting U.S. sales

- January 30, 2024
Vinfasts' VF 8 has had a rough start to the U.S. market, facing several difficulties and negative reviews. However, the EV manufacturer has recently reduced the car's lease price, making...
Toyota remained the world's best-selling car manufacturer in 2023 but remains on the defensive after a series of safety scandals in Japan.

Toyota defends best-seller title as safety controversies mount

- January 30, 2024
Toyota defended its title as the world's best-selling automaker in 2023 for the fourth year in a row but remains on the defensive after a series of scandals involving its...
Two Republican lawmakers are calling on federal authorities to investigate the relationship between Ford and several Chinese companies.

House Republicans call for investigation into Ford, China partnerships

- January 30, 2024
Two House Republicans holding chair positions on two key committees are calling on the federal government to investigate alleged ties between automaker Ford and four unnamed Chinese business partners. The accusations...
Devin Daly joins Driving Solutions to discuss solutions that refine artificial intelligence technology for use in the dealership.

Rethinking artificial intelligence for the retail automotive industry — Devin Daly | Impel

- January 30, 2024
Artificial intelligence (AI) presents exciting opportunities for growth and improved efficiency, especially in the retail automotive sector, where the ability to rapidly process data has become key. Unfortunately, the technology...
New car sales are forecast to rise from last January but fall from December as the industry observes a typical drop in demand.

New car sales projected to rise in January despite seasonal slowdown

- January 29, 2024
This month's new car sales are set to rise from last January but decline from December, according to a preliminary forecast from Cox Automotive. In early 2023, the auto market was...
Toyota chairman Akio Toyoda expects EV market share to reach a total of 30% "no matter how much progress BEVs make." Engine

Toyota chairman Akio Toyoda predicts maximum EV share of 30%

- January 29, 2024
Toyota chairman and former company CEO Akio Toyoda expects the electric vehicle segment to reach a maximum market share of just 30%, regardless of what the automotive industry does to...
Brian Kramer and David Simches join Driving Solutions to discuss how technology is making the used vehicle appraisal process more accurate.

How technology is refining the used vehicle appraisal process

- January 29, 2024
The used vehicle landscape has undergone extreme fluctuations over the last few years, making it difficult for both dealers and customers to navigate the market. However, while some have struggled...
Mike Wethington joins Driving Solutions to discuss the link between data, artificial intelligence, and digital marketing efficiency.

Why data is key to digital marketing efficiency — Mike Wethington | Outsell

- January 29, 2024
Digital marketing strategies have become a crucial component of running a successful dealership, often meaning the difference between success and failure in today's technologically advanced world. Unfortunately, the retail automotive...
Lincoln plans to shutter up to 100 dealerships in 2024 after closing a comparable in 2023 as part of its efforts to prioritize key markets.

Lincoln looks to buyout 100 dealerships in 2024

- January 26, 2024
Luxury car manufacturer Lincoln plans to close up to 100 dealerships in 2024 in a continuation of its efforts to extract itself from unsuccessful markets. The Ford-owned brand said it closed...


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