VW dealership manages acquisitions like sales
Volkswagen of Marion in Illinois has boosted its purchases of used vehicles directly from consumers by improving its tracking of such buys and increasing bonus opportunities for staffers instrumental in making them happen......»»
Stellantis cuts 2024 forecast on costs for U.S., Chinese competition
The profit margin will be dented by lower-than-expected sales in the second half across most regions, Stellantis said. .....»»
Nio secures $1.9 billion injection from parent, shareholders
A cash burn has triggered analysts’ concerns, and Nio, which has never been profitable, reported a 4.5 billion yuan second-quarter loss, though sales surged to 17.5 billion yuan......»»
Chevy launches EV training road tour for dealership sales teams
Chevy's program combines educational sessions designed to dispel myths with opportunities to drive EVs from GM and from rival automakers......»»
Tropical Storm Helene forces power outages at dealerships in Southeast; Ganley store could lose hundreds of Kias
Helene moved farther inland Sept. 27 and forced dealerships to close. Deaths, flooding and power outages were reported. A dealership near Tampa says some 700 vehicles were flooded......»»
Dell sales team told to return to office 5 days a week, starting Monday
"... sales teams are more productive when onsite." Enlarge (credit: Brandon Bell/Getty Images) Most members of Dell’s sales team will no longer have the option to work remotely, starting on Monday, Reuters reported thi.....»»
Chinese automaker BYD seeks further easing of Mexico EV tariffs
BYD launched sales in Mexico last year via imports, and the company has since announced plans to build a local plant to push out up to 500,000 cars a year for the domestic market......»»
September, Q3 sales impacted by ‘calendar quirk," affordability challenges
Analysts observe no new momentum in the quarter and a mostly lackluster sales pace......»»
Is the iPhone 16 in trouble? Early sales data doesn’t look good
The iPhone 16 is a great smartphone, but are people buying it? Early sales data paints a not-so-great picture......»»
Dealerships urge state and federal officials to relax emissions regulations in open letter
The flattening of EV sales growth has left vehicles piling up on their lots, the dealerships wrote......»»
Sony, Ubisoft scandals prompt Calif. ban on deceptive sales of digital goods
New California law reminds us we don't own games and movies. Enlarge (credit: Carol Yepes | Moment) California recently became the first state to ban deceptive sales of so-called "disappearing media." On Tuesday, Governo.....»»
EV sales remain healthy despite online doom and gloom
Battery EVs are expected to account for more than 8 percent. Enlarge (credit: Aurich Lawson | Getty Images) Battery-electric vehicles accounted for 8 percent of new vehicle sales in June and July of this year and should.....»»
Sorry, Microsoft — AI isn’t the reason people are buying new laptops
With all the hype around AI PCs this year, you might think everyone is loving the AI on their laptops -- but the IDC thinks it's irrelevant to sales......»»
VW ID Buzz allocations depend on ID4 sales success, location
The VW ID Buzz is set for a U.S. launch around Thanksgiving. The long-awaited model is set to become VW's most expensive model in the U.S......»»
Masimo CEO Joe Kiani resigns amid legal dispute with Apple
Apple and Masimo have been battling it out in court after the company specializing in health technologies managed to temporarily ban Apple Watch sales in the US due to alleged patent infringement. In the midst of this dispute, Masimo CEO Joe Kiani ha.....»»
CarMax"s Q2 net income rises 12%, revenue falls less than 1%
CarMax said it retailed 211,020 used vehicles in its second fiscal quarter, up 5.1 percent year over year. Same-store used-vehicle retail sales rose 4.3 percent......»»
Daily 5 report for Sept. 25: Another Stellantis challenge: Advertising
When an automaker's sales fall, an advertising agency review is sure to follow......»»
Stellantis reviews U.S. advertising accounts for Dodge, Ram, Chrysler, Alfa and Fiat
The review comes as the automaker is under dealer scrutiny as sales slump. The Jeep brand is not involved in the review......»»
Ransomware outfit claims it stole financial, employee, sales data from AutoCanada
The theft claim follows an IT breach from August. The publicly traded dealership group did not confirm being held for ransom......»»
Ford leads industry in minority dealership gains
Ford displaced Stellantis as the automaker that added the most minority-owned dealerships last year, with a net gain of 24......»»
This espresso machine is $300 off during early Prime Big Deals Days sales
Brew your favorite caffeinated beverages to perfection with the Philips 3200 Series espresso maker, now on sale for $600 when you buy on Amazon......»»