Women Automotive Network

NOVEMBER 20, 2023

In the November edition of the Women Automotive Network Leadership Interview Series Andy Fellows, Managing Director of Aquilae speaks with Jaclyn McQuaid, President and Managing Director of General Motors. Did you miss this LinkedIn Live interview? If so you can catch the full interview here as well as read our summary below. Andy started by exploring Jaclyn's early exposure to engineering and her decision to pursue a career in the automotive industry, discussing her experiences as a woman in

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Get My Auto

NOVEMBER 13, 2023

In the rapidly evolving world of car sales, standing out in the digital marketplace is essential. Video marketing offers an innovative and effective way to showcase your dealership and cars, creating a dynamic and engaging experience for potential buyers. It’s […] The post Accelerating Sales with Video Marketing: A Comprehensive Guide for Car Dealerships appeared first on Get My Auto.

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Sales Dealerships Marketing Buyer 130

Auto Remarketing

NOVEMBER 27, 2023

An overwhelming percentage of car dealers who use digital retailing tools are reporting encouraging results, according to the latest research by Cox Automotive. The company’s 2023 Digitization of Car Buying Study found 90% of dealers said digital retailing has positively impacted at least one area of their business, with customer satisfaction/experience, customer relationships, ease of completing deals, time spent completing deals, employee workflows and staff efficiency all cited by more than 7

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Retail Deal Finance Customer 111

3 Brothers Autosale

NOVEMBER 19, 2023

Who doesn’t like to own a luxury car? The design; the svelte, they say the right luxury car can make anybody look cool, and we agree. Besides, what’s not to like about a luxury car; their range-topping tech, distinctive exterior features, and subtly honed engines that would make even a Ferrari blush. Okay, maybe not. But, one thing everybody will agree on is that luxury cars deliver on all fronts.

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Jalopnik

NOVEMBER 30, 2023

On Thursday afternoon, Tesla finally delivered a ten-pack of Cybertrucks to company employees and investors. It’s hard to call this a ‘production’ launch, as they’ll still be effectively in the hands of in-house beta testers, but it’s a lot closer to production than the truck was a year ago. During the unveil event,… Read more.

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Women Automotive Network

NOVEMBER 14, 2023

Previewed at the Women Automotive Summit on September 20th, Gi Group Holding has now launched its global report on HR trends in the automotive industry. Featuring qualitative and quantitative data from 11 key countries and over 6500 industry decision makers and candidates, the report offers essential insights to industry leaders on in-demand skills and strategies for supporting and retaining employees in this rapidly transforming industry.

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Women Automotive Network

NOVEMBER 8, 2023

Dr, Angelika Berger-Sodian, a business builder and entrepreneurial leader recently sat down with Roger Atkins Founder of Electric Vehicles Outlook Ltd as part of our LinkedIn Leadership Interviews to discuss "Female leadership in global e-mobility start-ups". If there‘s something Dr. Angelika Berger-Sodian is certain of it’s that female leadership is pivotal in advancing business.

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Women Quota Networking Automotive 130

Auto Remarketing

NOVEMBER 29, 2023

Average prices on 1- to 5-year-old vehicles in October were down 5.1% year-over-year, according to analysis from iSeeCars.com. Moreover, the latest CARFAX Used Car Price Index shows that those declines continued “across the board” in November. But the price drops for used electric vehicles (and to a lesser extent, hybrids) have been far more extensive, approaching 34%, the iSeeCars data shows.

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Marketing Buyer Term Sales 105

Auto Remarketing

NOVEMBER 16, 2023

It’s about repeat champs when it comes to the winners of the J.D. Power 2024 U.S. ALG Residual Value Awards. For the fourth year in a row, Lexus earned the top prize among premium brands, and Honda led mass-market brands for the third consecutive year. The awards recognize vehicle models projected to hold the highest percentage of their manufacturer’s suggested retail price following a three-year period of ownership.

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Retail Term Customer Management 105

Auto Remarketing

NOVEMBER 17, 2023

The world of car dealerships is a dynamic and ever-evolving industry that operates in tandem with economic cycles. In a down market, car dealerships face unique challenges that test their adaptability and resilience. Having insight at CarOffer into thousands of dealerships nationwide, it is interesting to see what some of the best dealers are doing in these more challenging times.

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Marketing Finance Dealerships Customer 105

Auto Remarketing

NOVEMBER 14, 2023

Inventory shortages the last few years may have hurt new-car sales, but they were a boon for used-vehicle sales, including those that were certified pre-owned. New inventory may be improving, but consumer interest in CPO models will remain and dealers and manufacturers should take note, said participants on the “Top Used Car Strategies from ‘Best CPO Dealers’” panel during Used Car Week.

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Manufacturing Sales 105

Auto Remarketing

NOVEMBER 28, 2023

Two of the experts at Experian Automotive — John Howard and Kirsten Von Busch — spent part of their time at Used Car Week discussing electric vehicles for this episode of the Auto Remarketing Podcast. Howard and Von Busch recapped what the industry has learned about EV retailing and more this year. The conversation can be found in the window below. The post PODCAST: What we’ve learned about EVs in 2023 appeared first on Auto Remarketing.

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Retail Automotive 104

Auto Remarketing

NOVEMBER 21, 2023

Well, it’s that time of year again. Don’t blink. In this business, it’s sometimes easy to forget everything we should be thankful for and much easier to think of everything that bothers us. Now, it’s time to catch your breath and look at what the automotive industry is truly all about. The hardest thing to do in our business is to remember what it’s like to be a consumer.

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Retail Deal Automotive Development 98

Auto Remarketing

NOVEMBER 13, 2023

The picture of how wholesale used-vehicle prices behaved in October and what’s in store for the final two months of the year may very well depend on what data set you’re considering. Black Book’s Used Vehicle Retention Index came in at 161.0 for October, up 1.1% from September and down 7.6% year-over-year. It remains 41% higher than March 2020. That index is based on Black Book’s published wholesale average value of 2- to 6-year-old used vehicles, as a percent of original MSRP for typically equ

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MSRP Management Marketing 96

Jalopnik

NOVEMBER 27, 2023

The Tesla Semi launch event was held on November 16th, 2017, exactly six years ago last week. At the end of that launch event, Elon Musk had a signature “one more thing” that was the unveiling of the incredible second-generation Tesla Roadster. Back then the car was promised to be delivered in 2020, which obviously… Read more.

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Finance 72

Jalopnik

NOVEMBER 13, 2023

Listen to the powers that be in Formula 1 , and you’ll likely believe that the inaugural Las Vegas Grand Prix will be a smashing success. It’s an unprecedented event, the series says, one that will transform the Las Vegas Strip into a high-speed race track for just four days in November. It’s going to be a riotous… Read more.

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Jalopnik

NOVEMBER 14, 2023

It’s no secret that Mexican racer Pato O’Ward is one of the hottest commodities in motorsport right now. As an official member of the McLaren Driver Program, O’Ward will be taking a Formula 1 car out for practice ahead of the Abu Dhabi Grand Prix later in November, but during the racing season here in America, O’Ward… Read more.

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Jalopnik

NOVEMBER 29, 2023

Ford’s EV dealer requirements have caused a bit of drama since they were announced in late 2022. With EV sales slowing , some dealers are getting antsy at the thought of sinking thousands or even millions of dollars into a lukewarm EV market. Still, 2,000 dealers bought into the program. Now, Electrek reports,… Read more.

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Sales Marketing Finance 72

Jalopnik

NOVEMBER 10, 2023

Desert climates are fascinating. While you might be roasting under a beating sun during the daytime, cool temperatures sweep in at night to bring you the opposite form of misery. According to Ross Brawn, who left Formula One Management ahead of the 2022 season but who had been around for initial talks regarding the Las… Read more.

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Management 72

Jalopnik

NOVEMBER 10, 2023

“Buying a car today is an investment into the future. I think the most profound thing is that if you buy a Tesla today, I believe you are buying an appreciating asset, not a depreciating asset.” Elon Musk said that in 2019 , and like many of his bold vision statements, has continually been proven wrong every minute of… Read more.

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Finance 72

Jalopnik

NOVEMBER 9, 2023

Over 120 million wood power poles stand in the United States, literally propping up our aerial wire power grid. Every single day some of these poles age out and need to be replaced, some are damaged by fires, car crashes, or natural forces — wind, woodpeckers, beavers, and rot, chiefly. As we continue to spend more on… Read more.

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Jalopnik

NOVEMBER 9, 2023

It’s not exactly a secret that Elon Musk’s luck at Tesla didn’t translate well once he took over Twitter. Ad revenue is down , users are leaving and it’s become mostly useless for finding trustworthy news sources. And apparently, those problems have hit Musk hard. Even harder than any of us might have previously… Read more.

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Jalopnik

NOVEMBER 27, 2023

Netflix essentially took a $62 million television contract out to the shed and shot it in the head, according to an ongoing arbitration case against director Carl Erik Rinsch. After an ambitious and expensive bet on an unproven director in 2018 , the deal had gone sour, the director allegedly lost his senses, and he’d… Read more.

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Deal 72

Jalopnik

NOVEMBER 7, 2023

Allegedly, production of the Tesla Cybertruck will begin before the end of the year. At least that’s what Elon Musk says , and you know you can always trust a Musk timeline. As more videos come out showing pre-production prototypes, though, including quite a few broken ones , it’s starting to look like Elon Musk was… Read more.

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Jalopnik

NOVEMBER 13, 2023

As it turns out, car dealers seem to know even less than buyers do when it comes to electric vehicles , and they don’t really seem too keen on learning about them. The Washington Post spoke with a number of customers who said dealers tried to redirect them to gas cars or gave them unclear or downright incorrect answers … Read more.

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Customer Buyer Dealerships Finance 72

Jalopnik

NOVEMBER 1, 2023

If you believe Tesla, it’s really super duper close to being ready to begin production of the Cybertruck. Assuming the company actually manages to start building Cybertrucks before the end of the year, it sounds like the only version it will be making is a $100,000 version that has some people canceling their… Read more.

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Management 72

Jalopnik

NOVEMBER 22, 2023

Toyota is still moving forward with its plan to produce solid-state batteries that it says will give future electric vehicles a range of more than 900 miles. And while production won’t exactly start tomorrow, the current plan to begin in 2027 isn’t too terribly far in the future, either. Except, as it turns out,… Read more.

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Technology Finance Automotive 72

Jalopnik

NOVEMBER 22, 2023

An Iowa man has been arrested and charged with indecent exposure for an incident in March where witnesses say he pleasured himself at a Kum & Go gas station, then vacated the premises. Because in Iowa, if you build it they will.you know. Read more.

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Jalopnik

NOVEMBER 16, 2023

Californian startup Lucid took a bold approach for its introduction to the world, launching in 2021 with the phenomenal Air , a large electric luxury sedan that entered a small, competitive segment of the auto market. Despite garnering tons of acclaim—including from me—the Air has been a slow seller and the brand has… Read more.

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Marketing 72

Jalopnik

NOVEMBER 3, 2023

Over 35,000 members of the Culinary Workers Union members employed on the Las Vegas Strip have been working without a fair labor contract, and now they’re prepared to strike. If negotiations aren’t complete by Nov. 10 at 5 AM, tens of thousands of workers are prepared to walk off the job — just before the start of the … Read more.

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Jalopnik

NOVEMBER 20, 2023

Billionaires love the planet. They have to, right? They spend so much money on developing green tech and combatting climate change , it all must mean something to them. They’re in it for the good of humanity , so surely they’re practicing what they preach, right? Read more.

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Development 71

Jalopnik

NOVEMBER 20, 2023

Toyota’s in-house financing unit is being hit with $60 million in fines and restitution in an effort to settle charges from the Consumer Financial Protection Bureau that it illegally prevented borrowers from canceling product bundles – resulting in higher monthly car loan payments. Toyota Motor Credit will have to pay… Read more.

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Buyer Finance 71

Jalopnik

NOVEMBER 1, 2023

The news ahead of Formula 1's inaugural Grand Prix on the Las Vegas Strip has not been great since the event was announced, but the attempt to capitalize on the event has only increased: This week, the Taxicab Authority Board decided that all event fares will include a $15 surcharge , allegedly to compensate for the… Read more.

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Jalopnik

NOVEMBER 21, 2023

If you were looking for a new large SUV with a hybrid option, Ford just pulled a couple of them from the market. The 2024 Ford Explorer Hybrid and Lincoln Aviator Hybrid just got the ax, because it wants to focus its hybrid production capabilities on the Explorer Police Interceptor Utility Hybrid model. It seems that… Read more.

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Marketing Technology 71

Jalopnik

NOVEMBER 22, 2023

A Tesla Model Y was spotted clad in the electric automaker’s new colored paint protection film. The SUV in a forest green wrap was photographed by Tesla YouTube content creator DennisCW at Tesla’s location in Buena Park, California. The film was poorly applied to the vehicle, with several noticeable defects. Even… Read more.

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Jalopnik

NOVEMBER 21, 2023

Things have been touch-and-go for the television show nearest and dearest to almost every automotive enthusiast heart, and now the BBC says “Top Gear” is, for the time being, a no go. Read more.

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Automotive 70

Jalopnik

NOVEMBER 16, 2023

The National Transportation Safety Board is asking automakers to install anti-speeding technology in all new vehicles to cut down on the number of deaths caused by people driving way too fast , according to an NTSB post. Read more.

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Technology Management 69