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As AI continues to shape the future of the automotive industry, Dr. Charlene Wu is helping ensure that people remain at the centre of innovation. AI is a hot topic in the automotive industryfrom self-driving cars to smart mobility solutions. What do you see as the biggest opportunities and challenges in this space?
Automotive headhunter Ennis & Co Group has launched an Interim Talent service.The move is in response to a surge in demand by automotive groups for short-term placements at senior leadership level. Short term appointments help groups to move swiftly, avoiding lengthy recruitment processes and long notice periods.
This International Womens Day, the Women Automotive Network brought together industry leaders, Employee Resource Group (ERG) champions, and aspiring professionals to celebrate progress and drive meaningful change. Oxana Grishina, named Mentor of the Year at Women Automotive Network, emphasised that mentorship is not a one-way street.
Done right, data enables dealers to move past one-off sales and towards building long-term relationships that increase customer lifetime value (CLV). A customer nearing the end of their finance term may welcome a conversation about new models. Data is now one of the most powerful drivers of dealer profitability.
Motor Trader caught up with four high profile women in automotive and got their take on the challenges and opportunities facing the sector. Thats certainly true of automotive right now! In terms of the challenges of being a leader in a male-dominated industry, I think there is truth to the adage that you cant be what you cant see.
The business landscape is constantly evolving, seemingly making it difficult to develop plans and long-term goals strategically and accurately. Despite the unknowns, a strong foundation and careful planning can help ensure long-term success on every level.
Leadership in the automotive industry isnt just evolvingits being redefined. Thats why were opening this years Women Automotive Summit Detroit with a powerful series of Morning Masterclasses, designed to help you sharpen your focus, reflect on your leadership journey, and gain practical tools to thrive in todays fast-moving world.
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.
Redefining Success for High-Achieving Mothers in the Automotive Industry I ve always charted my own course, embracing bold leaps-from parachuting out of U.S. Im beyond thrilled to share my story and strategic approach to the incredible automotive professionals at the 2025 Women Automotive Summit in Detroit. You are not alone.
This is the overlooked reality of automotive hiring: technical skills may get talent in the door, but when they end up lacking emotional intelligence (EQ) the ability to connect, empathize and adapt under pressure it keeps your dealership from thriving. Before you know it, that perfect hire has cost you far more than their salary.
Russia’s major automotive research facility has invested over $1 billion in local operations. Renault says it doesn’t “foresee any change for the short term” about returning to the country. AvtoVAZ’s chief executive says it’s only fair for Renault to compensate it for the money spent.
Given the current trends in the pickup market, we can reasonably expect the Himla to be built on a ladder-frame chassis, allowing it to compete in terms of payload and towing capacity. In terms of global availability, Himla trucks will be exported to Europe, the Middle East, and Latin America.
The returning CEO will serve for two years, as Volvo looks for his long-term successor. Thus, Jim Rowan steps down, and Hakan Samuelsson returns in the top position after his previous term between 2012 and 2022. Ex-Volvo CEO Hakan Samuelsson returns in the position he held between 2012 and 2022.
The decision, confirmed by GM, is part of a larger strategy to adapt to a rapidly evolving automotive landscape. These strategic reductions, while painful in the short term, are aimed at positioning GM for long-term success in a competitive market dominated by rapidly changing consumer demands and technological advancements.
Thierry Metroz, the company’s design chief, even compared their aspirations to become the “Louis Vuitton of the automotive world.” It probably takes more than 10 years, maybe 20 years to have the positioning of a luxury automotive brand.” “We are premium, but our mission is to be more than premium.
In automotive retail, where costs are escalating, operational streamlining is imperative. The automotive industry has traditionally been slow to adopt new technology, often citing concerns that digital solutions might erode the personal relationships that define car sales. In automotive retail, AI can transform customer interactions.
In that sense, the Celestiq is as much a design studio experience as it is an automotive one. The Celestiq isnt being built to match its European rivals on their terms, its building something altogether different. Its a process that feels more akin to commissioning art than buying a car. Instead, it embraces it.
Ensuring good parts availability, facilitating faster repairs and installing more effective security measures pay dividends in terms of lower insurance costs and more satisfied customers, said Thatcham. We’ve never experienced that speed of reaction.”
“The restructuring, if it materialises, would be a big step towards industry consolidation and of great importance to China’s auto industry for the longer term,” a Morgan Stanley analyst said of the potential deal. Changan CD701 Concept Momentum Behind Consolidation Last year, Changan sold 2.68 million. .”
Karma Automotive has unveiled its first two-door coupe, the Amaris, which is set to hit production in Q4 2026. In terms of performance, the Amaris is no slouch. ” Karma Automotive The new Karma Amaris is the coupe version of the upcoming Gyesera sedan. The model will enter production next year, with an EREV powertrain.
Now, just seven months later, Mumtalakat has signed a non-binding agreement to offload its entire stake in McLaren Automotive to CYVN Holdings—an investment group based in Abu Dhabi that also happens to be the largest shareholder in Nio. The McLaren Group includes both the automotive division and the brand’s storied racing arm.
It’s the automotive equivalent of wearing sequins to the grocery store. Like any good super-luxury people mover, there’s a partition and an intercom system so you can talk to the driver only on your own terms. Yet, when Mansory applies its flair to a van, of all things, it somehow… works. Enter the Mansory V-Class.
The Lifetime Value of a Customer One of the most important metrics to understand in the automotive industry is the lifetime value of a customer. Repeat buyers and loyal service customers cost less to retain and bring in more long-term profit than constantly trying to acquire new customers. The numbers back this up.
Studies reveal that 80% of consumers avoid answering calls from unknown numbers, and this reluctance is especially strong in the automotive industry, where potential buyers fear high-pressure tactics. Here are several reasons why this approach is proving effective: 1.
In an recent interview with Automotive News , Toyoda said, “When the term carbon neutrality became popular, we said as a company the enemy is carbon. Last year, he made headlines for suggesting that even in the long term, fully electric vehicles will only make up 30 percent of global sales. million Japanese jobs at risk.
million by 2027, according to Cox Automotive’s latest Insight Quarterly. Projections for 2025, in terms of used car transactions, shows a marginal 0.3% Transactions are expected to rise from 7.4 million in 2024 to just under 7.9
A new analysis by the Center for Automotive Research found that the 25% auto tariffs imposed in early April will increase costs by about $108B for automakers in the U.S. This situation necessitates a comprehensive game plan that not only addresses immediate financial concerns but also positions dealers for long-term success.
in 2022, according to Experians State of the Automotive Market Q4 2024 Report. Experians State of the Automotive Market Q4 2024 Report also reveals that leasing rates are rising across most vehicle makes and is dominating in key markets including Michigan, New Jersey, and New York, highlighting its growing appeal. in 2023 and 17.2%
of monthly industry sales, according to Cox Automotive. Cox Automotive / KBB SWIPE Several other brands have experienced significant increases in prices. Cox Automotive’s executive analyst Erin Keating summed up the December sales spike, saying, “It was a December to remember, in terms of both sales volumes and prices.
The automotive world is watching as Stellantis chairman John Elkann sifts through résumés for the next big boss of one of the world’s largest car companies. Although Tavares officially left on what he called “amicable” terms, there’s no doubt his exit was tied to disagreements over strategy.
Today will come as a massive blow to those Dealers who have gone through the exhausting and emotional process of taking on a giant multinational car company, said Australian Automotive Dealer Association (AADA) CEO James Voortman. These dealers upheld their end of the bargain. We welcome the decision,” the company said in a statement.
Under the terms of the mandate – introduced by the previous Conservative government – car manufacturers must achieve a 22% electric vehicle mix in 2024, rising in increments over the next six years to 80% in 2030. We want to discuss how the current situation is affecting them, but we are not diluting our ambition.
The road to commercializing solid-state batteries across the automotive industry has taken longer than many expected, but a growing number of carmakers are developing these advanced batteries for their next-generation EVs. In the long term, the company expects solid-state batteries to cost about the same as existing battery technologies.
The Financial Times reports the “unanimous” move by the Stellantis board was in part due to differences over the automotive giant’s electrification strategy, according to people it says are familiar with the deliberations. He was set to stay on until his term ended early in 2026, until he resigned earlier this week.
Simon Down, director at Deloitte’s employment tax automotive team, warned that this could create administrative challenges – such as ensuring vehicle changes are reported to payroll more frequently, including downtime for repairs and courtesy car loans that last more than 30 days. They have less than 18 months to reform that process.
Data compiled by AutoGrab and published by the Australian Automotive Dealer Association (AADA) shows 200,566 used vehicles were sold last month (March 2025), a huge 14.8 In terms of volume, New South Wales was the biggest grower, with sales back above the 60,000 mark accounting for 30 per cent of the annual total. Browse now.
Most people think of emissions and fuel consumption ratings when it comes to misleading automotive specifications. 3 GTX In addition, the automakers allegedly neglected to provide “clear and complete information” on battery capacity degradation over time under normal use, which is an important factor for long-term EV ownership.
Transport secretary will work with automotive and charging firms en route to phasing out ICE cars by 2030 The government has invited vehicle manufacturers and EV charging companies to give their views on how to successfully phase out pure-combustion cars by 2030.
As someone immersed in the automotive industry, I've seen firsthand how implementing smart SEO techniques leads to more visibility, foot traffic, and ultimately, sales. By identifying the terms and phrases people use when seeking a vehicle, you can tailor your online content directly to their needs, giving them exactly what they want.
Geely will start selling cars under its own brand in Australia in 2025, but the Chinese automotive giant is already well and truly up and running in our market. Second is when Geely and local partners provide long-term, high-quality pre-sale, during-sale, and after-sale services to consumers.
The companys seventh annual Automotive Dealer Industry Benchmarks Report found 43.2% of sales leads were mishandled a term Foureyes used to include missed calls, leads that didnt get logged, lapsed follow-up and other issues and 14.1% of those leads were never logged to dealer CRMs at all.
Chinese automotive powerhouse Geely is gearing up to play a big part in the Australian automotive landscape – and it plans to have a ute as part of its range. Mr Song said that Geely will do the same with subsequent new models.
If your car requires premium fuel (like many high-end European models or performance cars), using regular can result in reduced performance, lower fuel economy, andin some caseslong-term engine damage. You wont keel over, but the long-term performance wont be optimal.
Finding the right marketing agency as a client can be a daunting task, especially in the dynamic automotive industry where the market is continuously evolving. This blog aims to outline actionable steps to help automotive dealerships navigate the process of finding an effective marketing agency that meets their specific needs.
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