Tue.Sep 26, 2023

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New-Vehicle Market Shrugs Off High Loan Rates, UAW Strike, Closes Q3 on a Strong Note; September Sales Forecast by Cox Automotive to be Up 13% Year Over Year

Cox Automotive inc

Updated, Oct. 4, 2023 – As forecast by Cox Automotive late last month, new-vehicle sales in Q3 in the U.S. were solid, spurred on by vastly improved inventories, higher fleet sales and consumers still in market despite elevated prices and high auto loan rates. Initial estimates suggest the Q3 new-vehicle market finished slightly above Cox … Continued The post New-Vehicle Market Shrugs Off High Loan Rates, UAW Strike, Closes Q3 on a Strong Note; September Sales Forecast by Cox Automotive to

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The Sales Department Is Your Customer | Insignia Group Blog

Insignia Group

As a Parts Manager, we know you get it. You’re well aware that accessories are an untouchable industry, a pandemic-proof, money-making boost for the front and back of the house. Often, the parts department divides efforts to sell accessories via digital retailing, e-commerce, and in-store. While a combination effort is an admirable (and successful) approach, parts shouldn’t lose sight of their best and easiest customer—the sales department.

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Are dealership inventories on the rise in 2023?

DealerFire Blog

The impact of vehicle shortages post-Covid and the benefits of online inventories Many buyers have struggled to find a vehicle during the inventory shortages post-Covid, putting strain on automotive dealerships, which have dealt with low sales, upset customers, and frustrating delays. Below, we’ll discuss whether dealership inventories are on the rise in 2023, what the long-lasting impact of vehicle shortages has done to the industry, and the benefits of online inventories for dealerships and cu

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Word Tracks For Hot Selling Accessories | Insignia Group Blog

Insignia Group

One of the biggest hesitations to selling accessories is the fear of messing up the hard-earned car sale. The truth is accessories are simply a continuation of the well-established process, and something as easy as word tracks can put accessory sales on autopilot. You’d never wing it or fumble through a car sale. Why treat the multi-billion dollar accessory industry any differently?

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This $41,000 China-Only EV Sports Car Has All The Right Specs

Jalopnik

Chinese start-up SSC says it will be unveiling a brand-new customer-ready electric sports car for deliveries later this year. It’s called the SC-01, and if everything the company is saying about the car is true, it could be the most exciting driver-focused electric car since the original Tesla Roadster. The specs… Read more.

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Electric Vehicle Myths vs Reality

Crest Nissan

New Nissan Inventory Electric Vehicle Myths vs Reality Electric vehicles (EVs) have made a substantial impact on the automotive industry in recent years. Advancements in technology and growing environmental concerns have driven the surge in popularity of electric cars. However, despite their numerous advantages, myths and misconceptions about electric vehicles persist.

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America Needs A New Canal To Connect The Atlantic And Pacific

Jalopnik

America’s reliance on our road system is getting beyond absurd at this point. Road congestion, whether for people or goods, results in over 100 billion dollars per year in wasted time and fuel. Flying is obviously a non-starter as it’s getting more expensive by the minute, and airlines are working diligently to make… Read more.

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2024 Porsche Cayenne S E-Hybrid Makes 512 HP, Runs a 13.0-Second Quarter-Mile

Jalopnik

If you can afford the high price tag, the Porsche Cayenne is one of the best luxury SUVs you can buy. It offers a rare combination of sporty and fun-to-drive while still being comfortable and quiet, and the Cayenne S might be the best of the bunch. With a 4.0-liter V8 making 468 hp and 442 lb-ft of torque, you’re… Read more.

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F1 Fans Bombard Mercedes With Orders For Cans Of Red Bull [UPDATE: Mercedes Says It Never Happened And Calls Reports 'Inaccurate']

Jalopnik

Update 12:30 p.m September 26 2023: Mercedes reached out to point out that an earlier version of this story included ‘inaccuracies’ as the Formula 1 side doesn’t stock Red Bull drinks at its bars and the QR code ordering system could not be accessed off site. Read more.

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Big Three CEOs Make 300 Times What Their Workers Make, Most Other Big Companies Aren't As Bad

Jalopnik

Even before the United Auto Workers union went on strike on September 15th, UAW President Shawn Fain put the pay and raises of the Big Three CEOs in the limelight. He has alleged (rightly so) that wage gains for the CEOs’ rank-and-file employees have not kept pace. Read more.

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Jalopnik Investigates: Is Travis Kelce Taylor Swift’s First ‘Car Person’ Love Interest?

Jalopnik

Taylor Swift is probably the most famous person in the world right now. She’s broken all kinds of records with her Eras Tour , is releasing a seemingly never-ending stream of albums packed full of bangers and is collecting awards like they’re going out of fashion. But now, the internet is ablaze with rumors of her… Read more.

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These Are The Last Under $20,000 New Cars Left In The U.S.

Jalopnik

Things are dire on the new car market right now if you’re looking for basic transportation. Average transaction prices have been trending toward the 50 grand mark for the last three years at least, and part of the reason for that trend has been the total gutting of the inexpensive end of automakers’ new car lineups. Read more.

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Stewart-Haas Will Run "Talladega Nights" Schemes For This Weekend's Superspeedway Race

Jalopnik

Stewart-Haas Racing has announced that two of its cars will race at Talladega this weekend in the Wonder Bread and Old Spice paint schemes made famous in “Talladega Nights: The Ballad of Ricky Bobby.” Love it or hate it, it’s impossible to deny the impact that the 2006 sports comedy had on NASCAR. While there have… Read more.

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Dealers Are Freaking Out About Buyers Using The EV Tax Credit As A Down Payment

Jalopnik

Dealers are starting to sweat. Starting next year buyers will be able to apply the EV Tax credit directly to the sale price of an EV. But as Automotive News reports, dealers are worried the government won’t pay them back in a timely manner. Read more.

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Your Next Project Car Should Be This Rivian R1T

Jalopnik

If you have a Rivian R1T truck that has been rear-ended and you need to get your “unipanel” replaced , maybe it would be easier to just buy a whole Rivian shell and transfer over all of the parts from your wrecked one. Or maybe you’ve always wanted to LS-swap a Rivian because GM won’t sell you an Avalanche anymore. Or… Read more.

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You Can Already Buy A T-Shirt Of Travis Kelce And Taylor Swift In His Chevelle

Jalopnik

Among fans of American football, Travis Kelce is known for being one of the best tight ends of all time. Among car enthusiasts, though, he’s also known for being one of us, regularly driving a 1970 Chevrolet Chevelle convertible and hosting the Kelce Car Jam , an annual car show that serves as a fundraiser for his 87 &… Read more.

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Joe Biden Becomes First Sitting President To Join A Picket Line

Jalopnik

Joe Biden just became the first U.S. President to join a picket line. On Tuesday afternoon, the President met with United Auto Workers union members and t heir president, Shawn Fain , at a picket outside a GM plant in Wayne Country, Michigan as the strike enters its second week. Read more.

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Man Attacks Car With Kids In It With A Knife Because He Thought It Was Parked Illegally

Jalopnik

Florida may get most of the attention when it comes to wild crimes, but Georgia still has plenty of unhinged people ready to give Florida a run for its money. Remember, this is a state where more than 1.7 million people voted for Herschel F **g Walker instead of a literal pastor to represent them in the Senate. The… Read more.

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Glickenhaus Still Doesn't Have Enough Funding To Fly To The Middle East Or Japan

Jalopnik

Now at the end of its third season in the World Endurance Championship, Scuderia Cameron Glickenhaus seems to be faring no better than it did in its rookie season. The team ran a single car in the series this year, with a second customer car joining for Le Mans. As with previous seasons , SCG has skipped the flyaway… Read more.

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Jessica Hawkins Becomes The First Woman To Test An F1 Car In Half A Decade

Jalopnik

Aston Martin driver ambassador Jessica Hawkins became the first woman to test a Formula 1 car in five years when she took to track in a private test last week. The talented racer joined the Aston Martin F1 Team in 2021 during her time in W Series , the women-only single-seater championship. Read more.

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