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FTC Says 90% Of Buyers Paid $2,000 More Than Advertised At Stellantis, GM And Ford Dealer Group

Carscoops

Nearly 90% of buyers allegedly paid $2,000 more than advertised between 2020 and 2023. On average, buyers were charged an additional $2,000, often due to unexpected add-ons or fees, “Buying a car is a significant financial investment. The FTC and Maryland accused the Lindsay dealer group of deceptive pricing practices.

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Chinese brand apologies to buyers after halving EV’s power via remote update

CarExpert

The prevalence of OTA updates is set to become standardised as the automotive industry introduces software-defined vehicles as part of the move to electrification.

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Creating a Seamless Customer Journey: Best Practices for Automotive Dealership Websites

Shawn Ryder

In todays digital world, automotive dealerships must prioritize creating a seamless customer journey on their websites. A well-designed website not only attracts potential buyers but also guides them through every phase of their purchasing journeyfrom research to finalizing the sale. Features (safety, entertainment, etc.)

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Staying Ahead in the Automotive Retail Market: How CarData, Inc. Empowers Franchise Dealerships Through Smarter Marketing

Car Data

In todays fast-paced and digitally driven automotive retail landscape, franchise dealerships face more competition than everfrom online-only retailers, nearby dealers offering similar inventory, and evolving customer expectations. The Shift in Automotive Retail Car buyers now start their journey online. Visit www.cardata.us

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McLaren supercar business sold to Abu Dhabi-backed CYVN

Motor Authority

McLaren Automotive has been sold by Bahrain sovereign wealth fund Buyer is Abu Dhabi-owned investment consortium Deal likely paves way for first McLaren EV CYVN Holdings, an investment consortium owned by the Abu Dhabi government, has agreed to purchase 100% of McLaren Automotive, the supercar business of McLaren Group.

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How Black Americans Helped Save Cadillac and Shaped Its Legacy of Resilience and Culture

Automotive Addicts

The automotive industry, particularly luxury brands like Cadillac, faced a near-collapse. The Automotive Industry During the Great Depression The onset of the Great Depression in 1929 created a ripple effect that decimated industries, many of which were dependent on consumer spending.

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Toyota’s Hydrogen Trucks Are Coming For Diesel And They Are Not Slowing Down

Carscoops

Hydrogen fuel cell-powered cars have not taken off the way Toyota would have liked, but that doesn’t mean the automotive juggernaut doesn’t see a future in the technology. The Gen 3 hydrogen powertrain promises 2x durability and improved fuel efficiency by 1.2x. market in 2027 or later.