Volvo CEO stirs up new angst among U.S. dealers
If Volvo attempts to bring its direct sales model to this side of the Atlantic, it will push U.S. retailers into a defensive posture, the brand's dealer board chief warned......»»
How Volvo made rear-wheel drive work on ice for the EX30 SUV
Rear-wheel Volvos are a thing again, and software makes them safe, even on ice. Enlarge / The cheapest version of Volvo's affordable EX30 is rear-wheel drive, but there's no reason to be afraid of that. (credit: Tim Stevens).....»»
CDK hopes to boost consumer experience through better software links
The longtime DMS provider said its Automotive Commerce Collab will work regardless of what software dealers use to operate their businesses......»»
Volvo ends 45-year relationship with the diesel amid shift to EVs
By 2030, Volvo aims to be an electric-only brand. Which is a major shift considering that in the 2010s the vast majority of the cars the automaker sold in Europe were diesels......»»
Lawsuit: Toyota misled about savings from maintenance plan
A California woman has sued Toyota Motor Credit Corp. and Toyota, alleging one of the manufacturer's car dealers sold her a ToyotaCare Plus maintenance plan for 10 service visits — only to have another Toyota auto dealership service department igno.....»»
Baltimore bridge collapses after ship collision; auto shipping hub operations face disruption
The port handles imports and exports for major automakers including Nissan, Toyota, General Motors, Volvo, Jaguar Land Rover and the Volkswagen group — including luxury models for Audi, Lamborghini and Bentley......»»
Stellantis emissions deal with California adds clarity for dealers
Stellantis previously said it had to limit shipments of gasoline vehicles in 14 states because it wasn't allowed to join a 2020 deal California reached with other major automakers......»»
Lincoln dealers work to sell down glut of 2023 models
The luxury brand has boosted incentives to help dealers clear 2023 models that arrived late because of quality issues and the UAW strike......»»
Talk to each other: How dealers can smooth tech vendor bumps
CEO Liza Borches has pursued a multiyear effort to streamline her dealership group's use of technology and make remaining vendors work better together. That included a summit of all the major players......»»
Dealers see the good and bad out of unchanged interest rates
Following Wednesday's Fed meeting, the benchmark rate will remain at the 5.25-5.5 percent level......»»
Franchised used-car dealer sentiment lowest since pandemic, Cox survey shows
Franchised and independent dealers also reported year over year growth or stability in used-car inventory mix, Cox Automotive's latest Dealer Sentiment Index says......»»
Nissan offers some U.S. dealers cash to take inventory in 11th-hour wholesale push
Nissan retailers began receiving emails and calls from factory reps offering $500 to $2,000 for every vehicle they accept. But dealers are already struggling with a triple-digit days' supply......»»
No limits: Small dealers go national with video streaming ad pilot
Technology from marketing software company Constellation is helping smaller auto dealers place affordable national advertising through NBCUniversal streaming options......»»
Honda Canada to slash dealer margins by up to 44%, several dealers say
Honda Canada would not confirm the details nor address questions about the changes to margin for its close to 250 dealers across the country. In a statement, the company said it does not “share the details of our business relationship with our deal.....»»
Franchised dealer sentiment lowest since pandemic, Cox survey shows
Franchised and independent dealers also reported year over year growth or stability in used-car inventory mix, Cox Automotive's latest Dealer Sentiment Index says......»»
Farley, top Ford execs hit road to hear dealers" concerns
The tour comes as dealer trust levels within Ford have plummeted as the company faces continued quality woes and questions over its electrification strategy......»»
Dealers begin deliveries of delayed Lotus Emira
The British automaker finally cleared a last-minute snag with obtaining the emissions certification for the car from the California Air Resources Board. Deliveries of the low-slung, $99,000 Toyota-powered two-seater are underway......»»
Cox: Dealers feel falling profits amid inventory growth, weaker market
Franchised dealers polled by Cox Automotive perceived their markets weren't improving — but weren't worsening — continuing to show the sourest sentiment since the heart of the COVID-19 pandemic in the U.S......»»
Electric Fiat 500e drawing dealer interest ahead of launch
The brand's buzz-building strategy has prompted some dealers to ask about adding the single-vehicle line, Fiat North America chief Aamir Ahmed said......»»
Volvo"s next-gen EVs could charge up to 30% quicker
Fast-charging capability creates the opportunity to use a smaller battery pack, which reduces cost and weight and improves efficiency,.....»»
An EV that charges 30% faster? Volvo and Breathe think their tech can do it
Real-time battery-management algorithms on an embedded processor? Yes, please. Enlarge / Volvo's electric powertrains are going to get a bit smarter with Breathe's new real-time battery-management system. (credit: Volvo ).....»»