For Cadillac and its dealers, Celestiq EV is just a beginning
The $300,000 Cadillac Celestiq EV is a launch point for doing more "iconic" things for the brand in the future......»»
Genesis dealers high-five over record sales and wave of new standalones
Genesis dealers are expecting 2024 to mark another year of growth as the young luxury brand moves ahead with plans to open more standalone retail stores and stays the course on electric vehicles......»»
Ineos Grenadier SUV sales get off the ground in the U.S.
Since starting its first U.S. Grenadier deliveries in November, Ineos Automotive has been in constant contact with its dealers and customers regarding the SUV......»»
Black dealers talk EVs, industry challenges on NADA panel
A panel discussion with two minority dealers highlighted some of the obstacles they have overcome and foresee in the future......»»
New Stellantis N.A. chief seeks more dealer dialogue
Carlos Zarlenga, Stellantis' new top North American executive, said conversations with dealers can help the automaker grow......»»
Ford promises EV adjustments, more dealer engagement
Ford CEO Jim Farley said he will travel the country visiting with as many dealers as possible, according to people at the meeting......»»
Tensions between dealers and automakers still stewing in some states
Dealers and their state associations have been working to strengthen protections in franchise laws, addressing emerging issues such as direct sales to consumers and costly sales standards for electric vehicles......»»
NADA"s outgoing chairman takes issue with federal regulations, potential impact of Chinese EV brands
Geoffrey Pohanka, outgoing chairman of the National Automobile Dealers Association, said he is very concerned about the industry's rapid transaction to electrification......»»
NADA economist predicts 15.9 million new light-vehicle sales in 2024
The National Automobile Dealers Association's top economist, Patrick Manzi, said he's predicting new light-vehicle sales in the U.S. could reach 15.9 million in 2024......»»
Dissecting ongoing challenges for dealers in EV adoption
EV demand is alive, but questions remain about its consistency, according to experts who discussed the topic at Automotive News Retail Forum: NADA......»»
Toyota"s EV strategy guided by dealers and customers, not regulations, says Jack Hollis
Jack Hollis, head of sales for Toyota Motor North America, said emissions regulations aimed at forcing wider EV adoption are far ahead of where consumers are......»»
Dealers prep for what could be a ‘banner year" for buy-sells
Executives from three of the largest auto retailers in the country shared their outlooks on the dealership buy-sell market at AutoTeam America's Dealer/CEO/CFO Forum......»»
Former NADA chair Paul Walser urges young dealership leaders to ‘be patient"
Former National Automobile Dealers Association Chairman Paul Walser encourages 40 Under 40 winners and alumni to ‘be patient' when waiting for promotions......»»
Dealers say Biden"s EV strategy is too aggressive for U.S. market
Nearly 83 percent of dealers say the federal government is pushing the industry to move too fast on EVs, according to responses to the Automotive News 2024 Dealer Outlook Survey of 208 dealers and dealership managers......»»
Survey shows dealers are concerned about affordability, new-vehicle profit margins
Dealers expect new-vehicle sales to improve or stay about the same in 2024, though a majority are concerned about degradation in new-vehicle profit margins......»»
After signing Mills group as 1st U.S. dealer, Fisker heads to NADA Show to recruit more
In Fisker's pivot to franchised dealers from direct sales, the EV startup is pursuing dealers, first at an open house and then at the NADA Show......»»
Three dealership groups, brothers acquire stores in Q4, Q1 deals
Two transactions involved dealers ranked on list of top dealership groups......»»
CDK Global bets dealers will embrace new virtual assistant tool
The Artificial Intelligence Virtual Assistant, or AIVA, is making its official debut at the 2024 NADA Show......»»
Tesla EV share falls in booming California market as rivals make gains
The California New Car Dealers Association said Tesla's 2023 share of the electric market fell to 60.5 percent from 71 percent a year earlier. Mercedes-Benz and BMW showed the biggest share gains......»»
Fisker, VinFast head to NADA looking for dealer partners
The two newcomers are the first full-EV brands to pivot from the direct-sales model pioneered by Tesla to franchised dealers. VinFast has a few dealerships and Fisker expects its first in February......»»
Live talk Friday at 2 p.m. EST: What"s on car dealers" minds at the NADA Show
Join Automotive News at 2 p.m. EST Friday for a live chat from the NADA Show floor as we discuss the key issues facing dealerships in 2024.Executive Editor Jamie Butters and Senior Editor Dan Shine will be joined by Leonard A. Bellavia, senior partne.....»»