Nissan dealership profits tank amid U.S. sales struggles
The average Nissan dealership earned 70 percent less in the first half of the year than in 2023, with more than a third of stores losing money, according to data obtained by Automotive News......»»
Used iPhone sales up 28% as owners prep for iPhone 16 – with a big surprise
A new report says that used iPhone sales are up 28% on the same period last year as owners liberate funds for an iPhone 16 purchase, with the peak seen on the day after the keynote. The data suggests that the iPhone 16 is set to be a more popular.....»»
Service tip: Reliability, empathy two key components every fixed ops department needs
Reliability, empathy, responsiveness, assurance and tangibles such as staff and dealership appearance are five things dealership service departments need to keep in mind to keep customers happy......»»
Missouri auto salesman gets 1-year sentence after admitting to helping fraudster
A former car salesman at the Marty Cancila Chrysler Dodge Jeep Ram auto dealership in Florissant, Mo., was sentenced in August to a year and a day in prison after admitting to helping a fraudster buy and finance vehicles using other people's personal.....»»
Nissan cuts output of 2 core models, including bestselling Rogue
In a memo to retailers obtained by Automotive News, Nissan said it will cut production of the Rogue crossover and Frontier pickup by up to 40,000 vehicles......»»
Overheard: Rise in EV warranty work in service departments should spur new strategies
Warranty work on EVs is expected to increase. This should prompt new strategies for dealership service departments, said Jim Roche, CEO of warranty processing platform WarrCloud......»»
Service tip: Reliability, empathy two key components every service department needs
Reliability, empathy, responsiveness, assurance and tangibles such as staff and dealership appearance are five things dealership service departments need to keep in mind to keep customers happy......»»
Honor Says that it Doesn’t Have Enough Stock to Meet Demand for the Magic V3
It's out-performed the Magic V2's initial sales numbers. The post Honor Says that it Doesn’t Have Enough Stock to Meet Demand for the Magic V3 appeared first on Phandroid. In case you missed, Honor recently announced European availab.....»»
The best cheap Apple Watch deals and sales for September 2024
Your guide to the best Apple Watch deals and sales with the lowest prices available on Apple's best-selling smartwatch......»»
Study links EV charging stations to increased local business activity
Countries globally are rapidly transitioning to a cleaner energy future—accelerating their push for electric vehicles alongside ambitious targets to phase out gasoline and diesel in transportation. Global electric car sales surged by around 25% in.....»»
Appeals court OKs NLRB"s continued enforcement action against Chicago Cadillac dealership
A federal appeals court has allowed the National Labor Relations Board to continue its enforcement action against a suburban Chicago dealership that engaged in unfair labor practices against unionized technicians......»»
Dealership overturns Purdue student"s ‘Kicks for Cash" contest win
After making three field goals in a contest during the Boilermakers' season opener, the student was later told he was less than a tenth of a second too late......»»
Daily 5 report for Sept. 10: Magna pumps the brakes on a North American plant
With EV sales growth slowing, Magna says getting an automaker to commit long term is difficult......»»
Ex-NFL wide receiver Kevin Johnson buys Ford car dealership
Drafted by the Cleveland Browns, Kevin Johnson ended his football career in Detroit. The dealership acquisition marks Johnson's foray into automotive retail......»»
BYD sets higher annual sales target, brokerage report shows
The goal would put BYD almost at par with Ford, which ranked sixth by global sales in 2023 with 4.4 million vehicles sold......»»
Jeep seeks ‘perfect quality" on EV launch in quest to reverse sales slide
The brand originally vowed it would launch the Wagoneer S this fall, but CEO Antonio Filosa said he needs to ensure the EV is high quality before sending it to dealerships......»»
Asbury denies FTC allegations, outlines internal processes in new filing
Asbury Automotive Group Inc. described internal policies on payment quotes and auditing deals for compliance in its formal answer denying the Federal Trade Commission's allegations against the national dealership group......»»
Could alternative meat meet a growing demand?
Inside a UC Davis engineering lab, tiny round pellets swirl in a brown liquid inside a 5-liter glass tank. The tank, a bioreactor, is brewing edible fungi high in protein and designed to look and taste like meat......»»
Kuo: iPhone 16 sales demand expected to be mostly flat compared to iPhone 15
Supply-chain analyst Ming-Chi Kuo this morning posted his latest estimates for iPhone 16 shipments, ahead of Apple’s event later today where the new iPhone 16 lineup will be finally unveiled. Kuo expects iPhone 16 shipments for 2024 to be about.....»»
Daily 5 report for Sept. 6: Sales reports, dealer sentiment give Fed good reason to cut interest rates
The bottom line, as sales stagnate and inventories rise, is that automakers and their customers need interest rates to come down soon......»»
Top 5 stories of the week: Jeep gets new North America boss; August U.S. vehicle sales
A quick look at the top automotive stories of the week as determined by reader interest......»»