Saturday, October 23, 2021
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Tesla marks record deliveries in Q3, ninth straight profitable quarter

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Tesla’s earnings were reported to investors on October 20, and the financial results paint the last quarter as bright despite the ongoing pandemic and supply chain issues. For the ninth straight quarter, Tesla has generated a profit from its operations, achieving a $2.0 billion operating income on a total gross profit of $3.66 billion. Markers […]
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Cooper

Lexus dealer Peter Cooper on the future of OEM ad...

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Many dealers have dialed back their marketing efforts as we continue to deal with shortages and high profits in the industry. On today’s show, we’re discussing OEM ad associations and what they mean for the future. We’re pleased to welcome Peter Cooper, President, and CEO of Lexus of Lehigh Valley. Cooper says they had good […]
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Toyota

Toyota commits $3.4 billion to battery development in US

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On Monday, Toyota Motor North America unveiled a plan to spend billions of dollars on automotive battery development in the US. The carmaker also intends to build a new battery manufacturing plant along with Toyota Tsusho that will begin producing batteries by 2025. The $3.4 billion-dollar announcement is for projects through 2030. They include producing […]
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Jackson

CADA Pres. Tim Jackson on how his dealer members are...

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Dealers have had less inventory on their lots which has been a large concern for many. So where do we go from here as we head into a new year and what do dealer associations have to say about it? On today’s show, we are pleased to welcome Tim Jackson, President, and CEO of the […]
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Jason Stein

Jason Stein talks about new role, trends in the auto...

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motormindz is expanding and recently added a familiar face! The automotive venture consultancy network named Jason Stein as President and Corporate Development Officer. Stein was previously a publisher of Automotive News and has now joined a team of 120 executive-level, subject matter experts. On today’s show, we’re pleased to welcome Jason Stein, President and Corporate […]
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Tautges

COO Joe Tautges shares recap of CDK Global’s first conference

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CDK Global recently held its first conference known as CDK Connect, an event filled with industry experts, breakout sessions, and so much more. Joining...
Dealer of the Year

How TIME’s Dealer of the Year Rick DeSilva Jr. showed...

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For 10 years TIME in partnership with Ally has recognized new car dealers across the country for their performance and community service. This year, second-generation dealer, Rick DeSilva Jr. was named TIME’s Dealer of the Year. After learning about Rick’s incredible commitment to service, to not only customers but also the community, it’s easy to […]
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How car dealerships are preparing for an EV future

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Though the idea of electric vehicles (EVs) can be traced back to the 1800s, with over half a million units sold in the first quarter of 2020, it was the Tesla Model 3 that genuinely put electric cars on the map. Fast-forward a year and a half, and all major car manufacturers are trying to […]
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Benstock

Paragon’s Brian Benstock shares takeaways from recent 20 group meeting

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With tight inventory and quotas to meet, how are sales teams managing? For Paragon Honda and Acura, having a plan with the future in mind is key. On today’s edition of Inside Automotive, we’re pleased to welcome back Brian Benstock, Partner GM and Vice President of Paragon Honda and Paragon Acura to discuss sales as […]
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energy

General Motors five years ahead of schedule for 100% renewable...

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On Thursday, September 30, General Motors issued a press release to announce the carmaker plans to acquire 100% of its power from renewable energy sources by 2025. This announcement puts GM five years ahead of their own schedule that was originally set just five years ago. With the accelerated goal, General Motors can eliminate the […]
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