Tag: retail automotive
UAW sets sights on Mercedes-Benz after Volkswagen victory
Fueled by its success at Volkswagen, the United Auto Workers (UAW) union is turning its attention to Mercedes-Benz and other non-unionized automakers as it...
VinFast expands its network by adding 12 new U.S. car dealerships
Vietnamese automaker VinFast announced on April 23 that it has formally signed contracts with a dozen new U.S. car dealerships.
The 12 new car dealers...
Fisker faces bankruptcy unless it secures relief from creditors
On April 23, Fisker, an electric vehicle (EV) startup, released a regulatory filing notifying that it may go bankrupt within 30 days unless it...
Tesla profits plunge, VinFast adds dealerships, Fisker bankruptcy looms
Inside Automotive
Top automotive industry trends to track in Q2 — Kevin Tynan | Bloomberg Intelligence
The automotive industry has already seen significant change in the short time since...
Top automotive industry trends to track in Q2 — Kevin Tynan |...
The automotive industry has already seen significant change in the short time since the start of the year, making it more important than ever for dealers...
Rivian offers ‘Electric Upgrade’ discounts of up to $5k with combustion...
Electric vehicle start-up Rivian is offering an "Electric Upgrade" promotion to new customers who trade in specific combustion models in honor of Earth Day.
Eligible...
Electric vehicle sales set to surge in 2024 despite affordability challenges
Electric vehicle sales are projected to rise sharply in 2024 despite persistent challenges in some markets, according to the International Energy Agency (IEA).
The group forecasts...
General Motors profits rise in Q1, 2024 earnings forecast revised
General Motors beat analyst estimates in its first quarter earnings report, scoring a significant profit boost despite seeing a decline in year-over-year sales.
The Detroit automaker...
Stellantis slashes 199 jobs at Detroit plant producing Ram 1500 amid...
Stellantis has laid off 199 full-time workers at its Sterling Heights Assembly Plant in Detroit, which produces the Ram 1500. This is part of...
GM posts Q1 earnings, EV sales to rise, Stellantis cuts jobs
Inside Automotive
6 key mental muscles for leaders in the dealership – Scott Mautz
As a leader, it’s no secret that you’re going to face challenges,...