VOLVO'S HAKAN SAMUELSSON: Sales records are at hand
Posted on Friday November 26, 2021
The automaker's CEO believes that topping Volvo's sales record, set in 2019, is "within reach" this year, despite setbacks caused by the pandemic and the microchip shortage.
Dealers expect acquisitions to continue, survey finds
Posted on Friday November 26, 2021
More than three-quarters surveyed by Kerrigan Advisors expect to buy at least one dealership in the next 12 months.
Dealership ditched the script, started talking to customers ‘like a human being' and found success
Posted on Friday November 26, 2021
Germain Toyota discarded a rigid process in exchange for having unscripted conversations with customers and addressing what's on their minds.
Toyota not ready to concede on its nickel-metal hydride technology
Posted on Friday November 26, 2021
The ever-resourceful automaker has found a new way to squeeze more life from the tried-and-true battery technology, giving hybrid vehicles a new lease on life.
Hellcat era set to burn out at Dodge
Posted on Wednesday November 24, 2021
Redesigned versions of the Charger and Challenger muscle cars are expected to move to Stellantis' electrified STLA Large platform, which is capable of up to 500 miles of range.
Dealers expect acquisitions to continue, survey finds
Posted on Friday November 26, 2021
More than three-quarters surveyed by Kerrigan Advisors expect to buy at least one dealership in the next 12 months.
Dealership ditched the script, started talking to customers ‘like a human being' and found success
Posted on Friday November 26, 2021
Germain Toyota discarded a rigid process in exchange for having unscripted conversations with customers and addressing what's on their minds.
Subaru braces for first back-to-back U.S. sales declines since 1990s
Posted on Thursday November 25, 2021
CEO Tomomi Nakamura predicts rebound to 650,000 sales in 2022, but expects 2021 volume in Japanese automaker's most important market to fall short of 600,000.
Rivian delays deliveries of R1S SUV, reports say
Posted on Wednesday November 24, 2021
The EV maker has now started sending emails to customers to inform them that the delivery window has been changed to between May and July at the earliest, the reports said.
Dealerships largely don't let customers finish F&I online, survey finds
Posted on Wednesday November 24, 2021
An eLend Solutions dealership survey found the industry largely fails to make the finance and insurance process available online to customers.
Schaeffler's Matthias Zink envisions steering wheel-free future
Posted on Tuesday November 23, 2021
Schaeffler Automotive Technologies CEO Matthias Zink talks to Automotive News Europe about the role the supplier will play in making autonomous vehicles a reality.
As green reputation takes a beating, Toyota fights back
Posted on Sunday November 21, 2021
The company that pioneered the Prius hybrid has drawn criticism for perceived foot-dragging on EVs. But Akio Toyoda wants it known that his company is pursuing carbon neutrality.
SAE ad campaign targets new, younger members
Posted on Saturday November 20, 2021
The organization makes a pitch to people who don't associate SAE with electrification and zero-emission technology.
ZF says Microsoft will help it boost shuttle business
Posted on Thursday November 18, 2021
A partnership between ZF Friedrichshafen and Microsoft will allow the parts supplier to create new capabilities for its autonomous shuttle systems.
ZF partners with Microsoft to move products, processes onto cloud
Posted on Tuesday November 16, 2021
The German supplier said it will digitalize all of its processes on the Microsoft Azure cloud platform.
Used-vehicle prices reach record in October, J.D. Power says
Posted on Tuesday November 16, 2021
Through October, used-vehicle prices were on average 37 percent higher than in 2020.
NAAA cancels 2021 annual convention
Posted on Friday September 10, 2021
The decision comes just weeks before the annual event was set to take place in Chicago, and marks the second straight year the show was called off due to the coronavirus pandemic.
Penske, Cox develop used-vehicle online buying platform
Posted on Thursday July 22, 2021
The tool, Esntial Commerce, has been rolled out initially at Penske's CarShop used-vehicle stores before a planned expansion to franchised dealerships.
Used-vehicle prices poised for peak in U.S. after pandemic surge
Posted on Thursday June 24, 2021
The bellwether of the industry -- the wholesale market where dealers buy and sell in bulk -- has already topped out and prices of individual secondhand cars should follow in a matter of weeks.
CarLotz shares start trading after reverse merger
Posted on Friday January 22, 2021
The company began trading shares Friday under the "LOTZ" ticker symbol. CarLotz CEO Michael Bor said going public should help raise the online used-car retailer's profile and visibility.
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