Stanton: NADA ‘relentless" in dealer advocacy
For Mike Stanton — NADA's former COO who became its chief executive on Jan. 1, following the retirement of Peter Welch — politics, autos and the great unknowns facing both are familiar topics to the Washington, D.C., native......»»
Cars Commerce CEO wants dealers to avoid ‘third-party widgets"
Speaking at the 2024 NADA Show in Las Vegas, Cars Commerce CEO Alex Vetter sounded off on retailer technology trends, issues and priorities for the coming year......»»
Upgraded Mitsubishi site lets customers search for cars they"re prequalified to buy
Mitsubishi has partnered with Santander Consumer USA on an online tool allowing shoppers to get preapproved for car loans and filter dealer inventory to the vehicles the consumer can afford on those approved terms. The new-vehicle prequalification fe.....»»
Fewer new-car dealerships, higher sales in 2023 lead to boost in throughput
There were more exclusive dealerships in 2023 than in 2022, and the average new-vehicle sales per franchise rose, according to Automotive News' annual Dealer Census......»»
Porsche dealer lists Tesla Cybertruck at $289,999 after buying for $244,000 at auction
The CEO of car wholesaler givemethevin.com said more Cybertrucks are heading toward auction. Tesla has an anti-flipping clause with a potential $50,000 penalty for the original buyer......»»
Dealer Census finds fewer dealerships, higher throughput in 2023
There were more exclusive dealerships in 2023 than in 2022, and the average new-vehicle sales per franchise rose, according to ' annual Dealer Census......»»
Amazon, Hyundai partnership causing concern among dealers, survey says
U.S. dealers have mixed feelings about how the partnership between Hyundai Motor and Amazon will affect the industry, according to results from Automotive News' 2024 Dealer Outlook Survey......»»
Jeep CEO turnaround plan features price cuts, ‘freedom of choice" amid EV transition
Jeep is cutting prices on some of its key models and taking new approaches to marketing, branding and dealer relations in an effort to turn around the brand's flagging sales in North America......»»
Online brand advocacy and Gen Z consumer behavior
Understanding the dynamics of online brand advocacy is increasingly important in today's digital landscape, particularly for businesses targeting Generation Z (Gen Z) consumers. A study in the International Journal of Internet Marketing and Advertisi.....»»
Report: Galaxy Ring Unveiling Set for July, Features ECG and NFC Payments
Samsung was cheeky earlier this year when it teased the Galaxy Ring wearable for a half second at the end of its Galaxy S24 launch event. They told us nothing about the device. No launch date, no specs, no nada. In a recent report out of Samsung̵.....»»
NADA names new advocacy staff leaders
The National Automobile Dealers Association has created a new leadership position, with many executives changing positions......»»
Lawsuit claims N.Y. Chevrolet dealer backed out of contract to sell
The prospective buyer of a Fort Montgomery, N.Y., store has sued the dealership for allegedly breaking a contract to sell its assets and real estate......»»
Los Angeles Just Proved How Spongy a City Can Be
As relentless rains pounded LA, the city’s “sponge” infrastructure helped gather 8.6 billion gallons of water—enough to sustain over 100,000 households for a year......»»
The double-edged sword of zero trust
In an era defined by relentless cyber threats and evolving attack vectors, traditional security models are proving increasingly inadequate to safeguard sensitive information. Unlike conventional systems that often rely on perimeter defenses, zero tru.....»»
Bollinger Motors picks LaFontaine Automotive as first commercial dealer
Bollinger Motors named LaFontaine Automotive Group its first authorized dealer as the EV company works to deliver an all-electric Class 4 commercial truck......»»
Assessing battery life for used EVs is not that simple
The complexity of EV batteries can fuel dealer and consumer concerns and questions about the performance of used vehicles. History offers little data......»»
Why used EV batteries are hard to value
The complexity of EV batteries can fuel dealer and consumer concerns and questions about the performance of used vehicles. History offers little data......»»
TrueCar leader says company continues rebound after restructuring
"We have this huge opportunity," CEO Jantoon Reigersman said during this year's NADA Show in Las Vegas......»»
Ford promises more dealer engagement, then skips Q&A
Ford executives promised to communicate better with dealers but frustrated some NADA Show attendees by not taking any questions during the brand's make meeting......»»
Penske Automotive Q4 net income slides 36% to $192 million on rising interest costs
The dealer group said it faced a $21 million increase in interest costs driven by higher interest rates and inventory levels that together increased vehicle floorplan borrowing costs......»»
These 5 NADA make meetings were notable standouts this year
NADA Show make meetings are where dealers hear what's coming their way — both good and bad. Here's a rundown of five of the most interesting meetings this year......»»