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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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AI in Automotive Deal Structuring: Enhancing Negotiation and Sales Efficiency

Turbo Marketing Solutions

Artificial Intelligence has a vital part to play in modern car deals, much like how gears are key to the smooth running of a vehicle. As we journey well into this era of technology integration, brace yourself for an automotive industry evolving as dynamically as an ever-changing race track. Now, let's talk about chatbots.

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Survey: About a Third of Car Buyers Say Absence of Apple CarPlay or Android Auto is a Deal-Breaker

Automotive Addicts

A recent survey highlighted that a significant portion of car buyers view the absence of Apple CarPlay or Android Auto as a critical factor in their purchasing decisions. However, the integration of these platforms has become a contentious issue within the automotive industry. Source: Automotive News

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New Car Buyers Are Finally Paying Less, But The Last Sub-$20k Model Has Vanished

Carscoops

More good news for buyers came in the form of increased incentives, Cox Automotive data shows. A modest decline, sure, but given the relentless march of inflation, it’s a shift that buyers will appreciate. percent from August, which was an unusually great month to snag an electric deal. New car prices fell 0.4

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More new car price rises coming for Australian buyers

CarExpert

The forecast comes from the body representing Australia’s 60-plus car brands, the Federal Chamber of Automotive Industries (FCAI) in Canberra, but it has resisted providing any exact numbers. It has also confirmed the impact of new technology, in safety systems and electrification, on buyers’ wallets. “As

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Content Marketing Strategies for Lead Generation in the Automotive Industry

Turbo Marketing Solutions

It involves creating engaging content like articles, blogs, and videos that resonate with potential car buyers. By understanding the unique needs and expectations of potential car buyers, we can create compelling, personalized content that engages and converts visitors into valuable leads.

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AI in Sales Coaching: Revolutionizing the Automotive Industry

Turbo Marketing Solutions

Artificial intelligence is revolutionizing sales coaching in the automotive industry by analyzing customer interactions, identifying trends, and providing personalized performance feedback to sales teams. Consider a scenario where an automotive sales agent consistently underperforms in upselling maintenance packages.