Tag: dealership news
Hyundai taps Equinix to boost global in-car experience
REDWOOD CITY, CALIF., and SEOUL, Korea – May 7, 2025 – Hyundai Motor Group is deploying its dedicated private cloud platform, HCloud, within Equinix...
Ford increases prices on Mexico-built models due to tariffs
Ford has increased prices on three of its Mexico-manufactured vehicles effective May 2, becoming one of the first major automakers to adjust sticker prices...
Carvana shatters Q1 expectations with record sales amid tariff fears
Carvana reported record-breaking first-quarter results on Wednesday, surpassing Wall Street estimates as consumer demand surged in anticipation of potential vehicle price hikes tied to...
Karl Brauer breaks down what’s driving the used car market
With used car prices climbing again, the forces behind it could result in a shift for both new and used vehicle markets in 2025....
Automakers struggle to navigate shifting political agendas, says Brian Finkelmeyer |...
As political agendas shift dramatically between presidential administrations, the auto industry finds itself repeatedly whiplashed by inconsistent regulations. On this episode of CBT Now,...
BMW expects U.S. tariff relief by July, holds 2025 outlook as...
The German automaker, BMW, said Wednesday that it expects some U.S. auto tariffs to decline starting in July, noting discussions with American policymakers and...
Nissan launches new compensation program to revive U.S. sales
In an aggressive push to revive lagging U.S. sales, Nissan is launching a new dealer incentive program called Nissan One, effective June 3. The...
Volvo to cut 125 jobs at U.S. plant amid trade pressures...
Volvo Cars said it will cut approximately 125 jobs, or 5% of the workforce, at its Charleston, South Carolina factory as the company adjusts...
ASOTU CON set to spotlight AI, fixed ops innovation, and culture-centric...
No matter your role in the automotive industry, ASOTU CON has something for you. The highly anticipated event returns next week, May 13–16, in...
Aaron Baldwin appointed CEO of automotiveMastermind
automotiveMastermind has named Aaron Baldwin its new Chief Executive Officer, promoting him from his previous role as Chief Product Officer. The announcement marks a...