Carscoops

MAY 20, 2024

While VW responded by making changes to its supply chain, and also informed customs officials that affected cars were inbound, opting to replace the affected components at a U.S. port, BMW seemed less interested in taking action, the committee found.

Supply Chain 106

Supply Chain Finance Manufacturing Technology 106

Vanguard Dealer Services

JANUARY 16, 2024

Whether it's supply chain delays or evolving customer needs, how you address these challenges is vital for the success of your company. While running a dealership is a lucrative venture, it's not without its challenges.

Supply Chain 72

Supply Chain Dealerships Customer 72

Carscoops

FEBRUARY 15, 2024

Unnamed individuals with knowledge of the matter told the Financial Times that the VW Group was unaware of the origin of the part, as it comes from an indirect supplier deep within its supply chain. “Deliveries continue, however some unavoidable delays may occur, for which we apologize.

Supply Chain 139

Supply Chain Electronics Manufacturing Customer 139

Carscoops

JULY 1, 2024

The number of lease turn-ins—crucial for new vehicle sales, certified pre-owned programs, and customer retention—will plummet. This shortfall risks losing loyal customers who typically move seamlessly from one lease to the next, potentially impacting future sales. In 2021, leasing rates went from one in three to one in six.

Lessee 113

Lessee Supply Chain Buyer Sales 113

Women Automotive Network

JUNE 13, 2024

Marian Maroki : Marian recently graduated from Wayne State University, dual-majoring in global supply chain and marketing management. His focus is on future trends and customer needs, particularly in the 10-year time frame. He focuses on understanding future trends and customer needs, especially over a 10-year horizon.

Automotive 130

Automotive Women Supply Chain Networking 130

Shawn Ryder

OCTOBER 16, 2024

Artificial Intelligence (AI) AI technology is revolutionizing how dealerships interact with customers and manage operations. Applications of AI in Dealerships: Chatbots: Provide 24/7 customer service, answering queries promptly. Personalization: Tailor marketing content based on customer behavior and preferences.

Technology 52

Technology Supply Chain Dealerships Automotive 52

Carscoops

SEPTEMBER 12, 2024

Hyundai and GM signed a Memorandum of Understanding (MoU) to explore collaboration opportunities on future vehicles, supply chain improvements, and clean-energy technologies. If successful, this partnership could enable the automakers to offer a broader range of vehicles to their customers more quickly than before.

Supply Chain 120

Supply Chain Development Technology Customer 120

Carscoops

OCTOBER 30, 2024

The company also cited supply chain shortages, a challenging macroeconomic environment, and a “comprehensive renewal” of their luxury sport product portfolio. Volkswagen Group Q3 And Year-To-Date Results 2024 2023 % 2024 2023 % Volume Data in thousands Deliveries to customers (units) 2,176 2,343 –7.1

Buyer 116

Buyer Supply Chain Sales Development 116

Drive.com

FEBRUARY 7, 2024

Mazda Australia has advised it will contact affected customers to advise them to present their vehicle to their preferred Mazda dealer to have the fuel hose replaced at no charge when parts become available. Alternatively, customers can contact Mazda Customer Support by phone on 1800 034 411 or via email at customersupport@mazda.com.au.

Supply Chain 119

Supply Chain Manufacturing Retail Customer 119

CarExpert

NOVEMBER 20, 2024

Automotive supply chains are extremely complex, but we were not willing to compromise on quality, so we are satisfied that we have found the best possible outcome. “We Australian customers haven’t been impacted by the production pause, as Ineos says its showrooms were well stocked prior to the shutdown.

Supply Chain 52

Supply Chain Deal Manufacturing Automotive 52

Automotive Addicts

FEBRUARY 15, 2024

Acknowledging costly lessons learned since assuming leadership in October 2020, he emphasized the need for a fundamental reset in engineering, supply chain, and manufacturing capabilities. This reset, Farley admitted, was more profound than initially anticipated, requiring a shift in mindset and execution across the organization.

Supply Chain 100

Supply Chain Manufacturing Management Automotive 100

Carscoops

OCTOBER 7, 2024

However, with the updated guidance, the company now expects to wrap up the year having delivered between 50,500 and 52,000 vehicles to its customers. .” Originally, Rivian had set a goal of producing 57,000 vehicles for 2024, the same number it had achieved in 2023.

Supply Chain 111

Supply Chain Sales Management Customer 111

Turbo Marketing Solutions

MARCH 4, 2024

This gives dealerships a powerful tool because they can foresee what customers might do and plan ahead. Now, instead of guessing what customers want, dealerships can make marketing plans that fit each customer's likes perfectly. This level of customization helps optimize inventory management and personalize marketing efforts.

Customer 98

Customer Dealerships Sales Management 98

Carscoops

MARCH 6, 2024

There’s a growing chance that Chinese battery-electric vehicles imported to Europe could be hit with tariffs after the European Commission announced it will start customs registration of eligible vehicles.

Supply Chain 105

Supply Chain Repairing Retail Manufacturing 105

CarExpert

AUGUST 7, 2024

The Porsche Taycan continues to bring first-time customers of the German brand into Australian showrooms, the company’s local arm says. “With the introduction of our new all-electric Macan, we anticipate attracting a diverse range of customers, both existing Porsche owners and those new to the brand.”

Buyer 115

Buyer Supply Chain Sales Goals Customer 115

Solera

OCTOBER 1, 2024

This systematic approach to sourcing, storing, and selling inventory plays a pivotal role in ensuring your business maintains a variety of choices for your valuable customers. Demand forecasting, ABC analysis, safety stock management, and efficient order processes can help transform your inventory to meet your customers’ needs.

Management 52

Management Supply Chain Dealerships Customer 52

Carscoops

FEBRUARY 7, 2024

And Ford is dropping them like they’re hot as part of a new cost-saving strategy that will see it stop installing features that its customers don’t use. Ford has tasked itself with finding $2 billion in savings across its entire business. So we can remove that feature.

Supply Chain 113

Supply Chain Manufacturing Customer Development 113

Autosoft

JANUARY 4, 2024

20 Most Important Inventory Management Metrics For Automotive Industry Inventory management is a crucial aspect of the automotive industry, as it directly impacts customer satisfaction, revenue, and profitability. It is the core of your supply chain, measuring how quickly your inventory is cycling through your business.

Management 52

Management Supply Chain Automotive Shipping and Transportation 52

Autocar

APRIL 1, 2024

Part of its ability to keep costs so low is by producing so many parts in-house and owning so much of the logistics and supply chain; one example given by Blundell is that the firm has recently commissioned its own cargo ship that holds 7000 cars. “We We control what we can control,” he said.

Supply Chain 108

Supply Chain Logistics Cargo Networking 108

Automotive Mastermind

FEBRUARY 17, 2023

As dealerships’ new and used vehicle inventories slowly begin to normalize, now is the time for automotive industry dealers to focus on proactively retaining their loyal customers and improving retention. light vehicle market has risen slightly alongside days’ supply to 50.3% While brand loyalty in the U.S.

Customer 52

Customer Dealerships Supply Chain ROI 52

Carscoops

MAY 6, 2024

However, that’s not convenient for either customers or insurers. This wasn’t related to the aforementioned scam, but was the result of a variety of factors including increasingly complicated vehicles, supply chain issues, and a shortage of mechanics. Here, in the United States, car insurance rates rose 22.2%

Insurance 112

Insurance Supply Chain Repairing Technology 112

Shawn Ryder

FEBRUARY 6, 2024

The automotive industry is undergoing significant transformation, with current trends signaling a decisive shift towards sustainability, consumer preferences for larger vehicles, and the unavoidable impact of global supply chain challenges.

Supply Chain 40

Supply Chain Automotive Marketing Logistics 40

Motor Trader

JULY 30, 2024

There are plans to expand this fleet as the customer base grows. “Opening these branches highlights our dedication to making car parts easily accessible for our customers across the country. “We We look forward to building strong relationships with our customers in the Chessington community.”

Supply Chain 59

Supply Chain Logistics Networking Management 59

Jato

JANUARY 26, 2024

Supply chain resilience: Learning from disruptions Navigating supply chain disruptions became a hallmark of 2023, with challenges ranging from continuing semiconductor shortages to transportation bottlenecks. Evolution of vehicles with different fuel types. Evolution of renting in 2023.

Supply Chain 52

Supply Chain Dealerships Customer Sales 52

AutoSuccessOnline

NOVEMBER 20, 2024

The new BendPak Industrial Complex is a testament to our confidence in the future and our commitment to meeting the evolving needs of our customers.” BendPak Industrial Complex’s strategic layout has been meticulously planned to streamline supply chain and distribution operations, minimizing handling time and enhancing efficiency.

Supply Chain 52

Supply Chain Manufacturing Development Automotive 52

Drive.com

OCTOBER 23, 2024

It’s the same process used by world-leading battery recycler, Nevada-based Redwood Materials, which has a 95 per cent recovery claim of materials it resupplies to customers in the US. The battery information will be linked to the VIN (Vehicle Identification Number) and is intended to place greater responsibility on car makers’ supply chains.

Supply Chain 45

Supply Chain Manufacturing Networking Management 45

Drive.com

SEPTEMBER 15, 2024

As well as vehicle development, the two car makers have signed an agreement to explore other ‘key strategic areas’ such as supply chains and “cleaner” technologies. “GM and Hyundai have complementary strengths and talented teams.

Development 80

Development Supply Chain Technology Customer 80

Dealer World

MARCH 25, 2024

However, as the market dynamics for supply chains have reverted back to a more pre-pandemic landscape, combined with a still-challenging economy, dealers find themselves facing new challenges. Dealers knew they could make up the profit upon resale simply because supply was low for customers as well.

Management 82

Management Supply Chain Retail Customer 82

Automotive Addicts

FEBRUARY 22, 2024

In response, Mercedes-Benz aims to reassure both customers and investors that it remains committed to producing combustion engine cars, with plans for significant technological updates extending into the 2030s. Factors such as inadequate charging infrastructure and a dearth of compelling electric models have contributed to consumer hesitancy.

Supply Chain 105

Supply Chain Development Technology Automotive 105

Solera

JUNE 13, 2024

The move towards green repairs is not only beneficial for the environment but also offers numerous advantages for insurers and customers alike. Sustainable Supply Chains: The sustainability of the auto claims industry also extends to its supply chains.

Repairing 52

Repairing Supply Chain Insurance Rebate 52

Autocar

JANUARY 9, 2024

The firm will begin taking orders of the outlandish 'Land Aircraft Carrier' in the final quarter of 2024, before customer deliveries begin in 2025 - making it one of just a few companies globally to have a 'flying car' on the market. Our vision," he said, "is to give cars wings, not just [launch] a regular VTOL."

Supply Chain 108

Supply Chain Development Electronics Marketing 108

Jalopnik

JANUARY 4, 2024

The reborn Fisker produced just over 10,000 cars in 2023, delivering around 4,700 units of the Ocean crossover to customers across 12 markets worldwide (including some right-hand-drive countries) following the first deliveries in June. Fisker says it is already a revenue-generating company, despite supply chain issues… Read more.

Supply Chain 60

Supply Chain Sales Customer Marketing 60

Automotive Mastermind

MARCH 31, 2023

Looking ahead, it’s important for dealers to assess their performance across multiple departments, including: Service drive Inventory Customer loyalty Sales and beyond By doing so, they can identify areas where they have done well and where they need to improve.

Supply Chain 52

Supply Chain Dealerships Management Customer 52

Shawn Ryder

SEPTEMBER 28, 2024

When potential buyers can access verifiable information about a vehicle’s past, decisions are made with more confidence, ultimately improving customer satisfaction. Traditional methods of verifying a customer’s identity can be vulnerable to document forgery and other forms of deceit.

Technology 52

Technology Supply Chain Finance Dealerships 52

Shawn Ryder

SEPTEMBER 28, 2024

The Importance of Understanding International Market Trends Global Innovations Shaping Local Approaches Understanding international market trends is crucial for local dealerships to remain competitive and responsive to customer needs.

Marketing 52

Marketing Supply Chain Dealerships Finance 52

Carscoops

JUNE 25, 2024

In other cases, it’s dealers or high-profile customers that spill the beans about future product plans. A supply chain analyst says it’s not going to happen now. Several years before the public usually sees a production or even concept car, several industry players learn about these cars.

Supply Chain 111

Supply Chain Automotive Customer Development 111

Shawn Ryder

JANUARY 21, 2024

They oversee the production process from start to finish, ensuring that each vehicle meets safety standards, quality requirements, and customer expectations. This helps in producing vehicles that meet or exceed customers’ expectations, ultimately leading to higher customer satisfaction.

Manufacturing 52

Manufacturing Supply Chain Sales Logistics 52