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Tesla

Tesla surpasses Q4 projections despite obstacles

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Tesla is continuing to maintain its ownership of the electric vehicle (EV) industry, as a report this week indicated the automaker had delivered 308,600 Tesla vehicles in Q4 2021. This surpassed Q3 2021 deliveries, which totaled 241,300 and was the record at the time. The Detroit News reported this number was over 87% of 2020’s […]
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Haig

What the 2021 Q3 Haig Report reveals about the automotive...

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As we’ve seen throughout much of the year, the buy-sell market is hot and dealership profits are through the roof. Haig Partners recently released their Q3 2021 Haig Report which details today’s buy-sell automotive landscape. On today’s show, we’re pleased to welcome Alan Haig, President and Founder of Haig Partners to go further in-depth on […]
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Tynan

Bloomberg’s Kevin Tynan shares his auto industry predictions for 2022

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Much has taken place throughout the past year in retail automotive; from record acquisitions to the continued ‘chip-demic’. Throughout it all, dealers have remained profitable. On today’s show, we’re pleased to welcome Kevin Tynan, Bloomberg Intelligence’s Senior Automotive Analyst, who stays up to date on all things automotive. He gives us his perspective on the […]
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auto

Automotive industry trends and headlines from the past year

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We thought 2021 would slow down, but the more things changed, the more they stayed the same in the auto industry. And there were even more surprises around each corner. So, let’s look at some trends and headlines from the past year. The used car market takes center stage Maybe it’s time we have a […]
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Expect strong new and used car sales in 2022 due...

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Industry experts are predicting that dealer activity in the new year will be easily sustained courtesy of above-normal consumer demand for vehicles. The effects of inventory shortages have developed a backlog of consumers looking for vehicles, both new and used. Entering the new year, the industry should expect a similar sales climate with prices that […]
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Musk

Elon Musk named ‘TIME’ Person of the Year 2021

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The CEO of the electric car brand Tesla has a new title to add to his extremely busy Twitter profile. TIME Magazine has named Elon Musk as Person of the Year 2021, putting a stamp on the billionaire’s banner year. Though the title certainly comes with some honor, the designation paints his influence and demeanor […]
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Ryan Kerrigan

Ryan Kerrigan on how record earnings for auto retailers affects...

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On today’s edition of Inside Automotive, Ryan Kerrigan, Managing Director of Kerrigan Advisors, gives an update on the market and breaks down some of the industry’s recent headlines. Earnings are just off the charts, says Kerrigan. Quarter over quarter, the Kerrigan Index is up over 64% in aggregate for auto retailers. AutoNation and Lithia doubled […]
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Porsche

Porsche to follow Apple’s example, set to open “Studio” in...

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Sports car brand Porsche is taking a page out of the Apple playbook with a new design concept. This concept isn’t a unique vehicle design this time, but rather an immersive way to experience Porsche in a setting unlike a dealership. The first Porsche Studio is set to open in Portland, Oregon in 2022 with […]
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J.D. Power’s Tyson Jominy shares his auto retail predictions for...

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In the third quarter, as record sales and consumer spending declined, we talked to Tyson Jominy, Vice President of Data and Analytics at J.D. Power to get his insight on why this was happening and the impact it could have on the industry as a whole. Today, we chat with Jominy to find out if data […]
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tax

Additional EV tax credits still in limbo. How will it...

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The Build Back Better bill contains billions of dollars earmarked for the transportation industry, and one of the most contentious components has to do with EV tax credits. The proposed bill, if enacted as it currently reads, would offer an extra $4,500 in tax credits for union-built EVs plus another $500 for vehicles containing battery […]
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