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A news crew investigating a used-car dealer was assaulted by the dealership manager. Police arrested the manager shortly after the assault and booked him into jail. A used-car dealership manager allegedly assaulted a film crew asking him questions. Then, they simply went to the manager, Estrada, and asked about the situation.
BEV sales grew by 37% in Europe+EFTA+UK region, reaching a market share of 16.7%. Tesla is struggling to sell cars in Europe, with sales plummeting by 50.3% Tesla is struggling to sell cars in Europe, with sales plummeting by 50.3% The drop was especially severe in Germany , where sales fell by 59.5% market share.
As the automotive dealership industry has long relied on human intuition and historical sales data to guide inventory management decisions, dealers continue to face a constant balancing act: having the right mix of vehicles to meet customer demand without overstocking models that might sit unsold for months.
Scout Motors infuriated VW dealers across the United States last week when it confirmed that the upcoming Terra and Traveler will be available via a direct-sale model rather than through existing dealerships. Scout will also manage all production and maintenance of its vehicles.
Creating a structured and efficient marketing department is essential for automotive dealerships looking to enhance their brand presence and drive sales. Well cover various aspects of marketing management and offer insightful recommendations to elevate your dealership’s marketing efforts.
Nissan’s 2024 sales gains prove affordable sedans still matter in a crowded SUV market. Weak sales of Rogue and Armada expose critical flaws in Nissan’s current SUV strategy. It also had a surprisingly strong Q4, reporting a jump in sales of 10.3% to 58,070 units and the luxury brand’s Q4 sales dipping 2.3%
However, despite the intense regulatory focus on how dealers conduct finance sales, the explanation of available finance packages was rated by buyers as the least important consideration of the eight. Other key deciders included the mechanical standard of vehicles and cleanliness of vehicles. day improvement on stock turn.
This experience gave me management and leadership skills I would later transfer to a career in automotive, besides the ability to differentiate instruction for inclusive environments. I transitioned to a Customer Service Representative position at Meritor, specializing in brakes and axles while managing the Volvo account.
North American sales for Stellantis fell sharply by 36%, dropping from 470,000 units to 299,000 units. Despite declining sales and revenue, Stellantis finds relief in successfully reducing U.S. Things were particularly bad in North America, as sales there dropped by 36% from 470,000 units to 299,000 units.
According to VFACTS figures supplied by the Federal Chamber of Automotive Industries (FCAI), a total of 96,710 vehicles were delivered in February 2025 after Tesla and Polestar sales figures from the Electric Vehicle Council are included. Electric vehicle (EV) sales plunged by 43.8 Sales by region Includes Tesla and Polestar sales.
Kia UK has reshuffled its senior management team to boost performance. Steve Hicks is appointed as Kia UKs marketing director, with Sanka De Silva taking on the role of sales director. On his watch new car sales grew from 93,304 in 2017, to a record 112,252 in 2024. with two directors swopping jobs.
Understanding the value of your work is crucial for any professional, especially in the constantly evolving field of content management. With the increasing importance of digital marketing and content in the automotive industry, content managers find themselves wearing multiple hats. Is This a Normal Workload?
New-vehicle VFACTS sales data published by the Federal Chamber of Automotive Industries (FCAI) today has revealed that Ram Trucks Australia delivered 3239 examples of its Ram 1500 pickup in 2024, outselling key rivals like the Chevrolet Silverado (2389) and Ford Australia’s newer Ford F-150 (2428). Browse now.
China is leading the charge with a 35% rise in sales through the first two months of the year. Sales have also rebounded strongly in key European markets like Germany and the UK. US EV and PHEV sales also spiked during January and February. Sales here are up 20% year-to-date. million units. million units. ”
Audi’s sales in the United States dropped 14% in 2024, with 196,576 vehicles delivered. Q5 sales dropped 23%, staying Audi’s bestseller but losing serious ground in the SUV market. CPO sales jumped 29.3%, proving budget-conscious buyers still seek premium options. Sales of the Q5 plummeted by 23% to 56,799 units.
VW claims Prestige Imports has consistently failed to meet sales targets for over a decade. Since 2011, the dealer has reportedly achieved just over half of its required sales volume. The dealer entered into a VW contract back in 1998, agreeing to comply with the company’s operating standards and annual sales targets.
December sales are down -2.4% We still remain at very high levels as this is the third largest volume in history for January (add 2018 at 88,551), and sales have been negatively impacted by a shipping port strikes. Private sales drop -7.4% to 33,810, sales to rental companies sink -18.6% Private sales drop -7.4%
She also highlighted that Peugeot was compliant with the UKs zero-emission vehicle (ZEV) mandate last year both as part of the Stellantis group and in its own right, notching up an EV sales mix of more than 22%. Thirty-one per cent of sales of the new 3008have been for the electric version in the UK.
We are pleased to have completed the sale of Country Buick GMC and to represent Andy Budd in the sale of this desirable dealership, located in the wealthiest county in the country, said Gabe Robleto, Senior Vice President, Sell-Side Advisory at Kerrigan Advisors.
Sports car sales slumped by almost 20 percent last year to 223,000 according to provisional numbers, but the misery wasn’t universal and some models even managed to find more buyers than in 2023. Sales of the Toyota GR86 for example, increased by 3.1 Its sales grew 78.7 US SPORTS CAR SALES MODEL 2024 2023 Diff.
The scammer posed as a French dealer, offering the nonexistent hypercar for sale. Rogers, playing the part of an exclusive dealer, claimed to have an allocation for sale. financialolic From Project Manager to Private Equity firm owner with a portfolio worth over $400M 🤯 Learn how angel investing in startups like Snap Inc.,
Deliveries of new vehicles in Australia slipped into the red again last month, amid a decline in sales of utes and electric cars yet every model in the Top 10 was a ute or SUV. February 2025 new-vehicle sales tallied 96,710, according to data published by the Federal Chamber of Automotive Industries and Electric Vehicle Council.
The market has shifted, and while European brands still manage to churn out a few, they’re about as common on American roads as a unicorn sighting. A six-speed manual and rear-wheel drive promise to offer an engaging experience. In the age of ever-expanding SUVs and crossovers, fast wagons have become something of a rare breed.
BMW of North America has wrapped up 2024 with strong sales momentum, reporting a record 371,346 units sold in the US market, a 2.5% In its first full year on the market, sales of the XM dropped by a staggering 14.7%, with only 1,974 units sold in 2024, even with the help of some significant discounts. sales volume.
A Tesla manager argues that NHTSA needs more employees, not fewer, for safety oversight. Read: Tesla Threatens Lawsuit After Canada Freezes $30M EV Rebates Over Shady Sales Claims Speaking with The Financial Times , insiders revealed that approximately 30 people were fired from the NHTSA in February. ”
RAV4 sales grew 9 percent even though a successor is due; F-150 dropped 5 percent. F-150 sales dropped 5 percent to 460,915 last year, according to data from Jato Dynamics, while Toyota RAV4 registrations increased by 9 percent to 475,193. Toyota’s RAV4 was the best-selling individual model in 2024, Jato Dynamics data shows.
Just 200 units below is Tata (+3%) also up one spot on February while Mahindra (+18.3%) is down two to #4 but still manages an excellent year-on-year growth. This is solely due to the new Kylaq accounting for 72% of the brand’s sales for the month.
New car sales in Iceland rally back up 29.8% last year, while the Toyota RAV4 manages a 4.2% The Kia EV3 is an instant blockbuster in Iceland. year-on-year in January to 593 units, keeping in mind January 2024 was down -37.5% on the year prior. The winner of the month is Kia, up 277.4% to a splendid 19.7% share vs. 3.7% share vs. 4.2%
Robert McLane had managed the parts department at the dealership , and his responsibilities included overseeing the ordering, receipt, and payments of parts. However, McLane had no intention of selling the lift kits through legitimate channels, and as such, they weren’t ordered using the dealer’s management software.
Advances in digital tools, artificial intelligence (AI), and automation allow dealers to modernise workflows, reduce transaction friction, and optimise inventory management. Automated customer relationship management (CRM) systems can streamline sales processes, enhancing lead conversion rates while reducing administrative overhead.
Skoda Kylaq The Indian wholesales market reaches a new all-time high volume in January, passing the 400,000 unit milestone for the first time at 401,538 sales (+2.1%). share, Maruti Suzuki manages its highest level since August 2023 (43.3%). At #3, the Hyundai Creta (+40.2%) reaches a new monthly record just above 18,500 sales.
Kia (-10.8%) and Hyundai (-3.7%) lose market share year-on-year whereas BMW (+3.9%) manages a positive result at #7. of the market and over 2,000 sales. Model-wise, the Toyota Corolla (-34.1%) is in total freefall but still manages to rank #1 with 3.8% In contrast Volkswagen (+26.7%) and Audi (+23.3%) post fantastic gains below.
Ford Mustang sports car sales hit an all-time low, totaling just 44,003 units in 2024. Ford EV and hybrid sales surged, but gas-powered vehicles saw nearly stagnant growth. You’d think this would send Mustang sales soaring. Instead, the pony car just suffered its worst sales year ever. percent to 51,745 units.
Its stock fell nearly 4 percent after it announced its latest quarterly sales report. That’s a 36 percent drop compared to the same period last year, when it managed to get 13,588 vehicles into customer hands. Rivian’s Q1 deliveries fell 36 percent year-over-year, with just 8,640 vehicles delivered. in February.
New vehicle sales saw an uptick across the United States in November, accompanied by a modest increase in inventory levels. Sales rose by a solid 6.5% More: Ford EV Sales Surge 21%, But F-150 Lightning Falls 17%, ICE Mustang Crashes 45% According to newly released data from Cox Automotive , there were 3.15 to 85 days.
Each day a car waits for its title, your costs add up depreciation, storage and floor plan fees, and lost sales opportunities. If you do the math, the expense of inefficient title management quickly multiplies into significant financial losses. Faster turn means more sales. Whats the sum of it?
The award was presented by Mark Roden, sales director of Toyota GB and Arran Bangham, vice chairman of RRG Group, during a staff gathering at the dealerships. Nathan Farrington, general manager of RRG Toyota Denton, said: “We are thrilled to receive the Gold Accreditation.
The Kia Tasman has landed in its home sales charts. This includes 123,891 sales for local manufacturers (+2.9%) and 25,229 for foreigners (-0.1%). Genesis (-10.5%) suffers but still manages to post a five-digit volume, holding 7.1% BYD makes its grand entrance in the South Korean market with an initial 10 sales.
The electric Taycan sales dropped by 49%, while the 718 lineup saw a 15% increase. Porsche has released its global sales results for 2024, reporting 310,718 vehicle deliveries, a 3% decline compared to 2023. On the flip side, the fully electric Taycan struggled to find buyers, with sales nearly halving compared to the previous year.
In response to strong demand for the Shark 6 , Sealion 6 and Atto 3 , EVDirect will channel resources into importing new models with high sales potential, according to CEO David Smitherman. Australia’s BYD distributor EVDirect will prioritise adding SUVs and utes to the local lineup as the Chinese brand expands its local presence.
However, they have not kept pace with BYD in the transition to EVs, and missed their sales targets for EVs last year. Ivan Li, a fund manager at Loyal Wealth Management, noted, “The two companies’ announcements apparently point to a potential merger of the state-owned parents, though they did not give a clear-cut word on it.”
Customers often associate unsolicited calls with unwanted sales pitches or scams. This method keeps the interaction manageable and focused, increasing the likelihood of maintaining the customer’s interest. The decline in call answer rates is part of a broader trend across many industries.
It has managed to shift a mere 5,000 in Europe in Q1 2025, though, which is definitely a sharp drop. Granted, total sales rose by a considerable (and certainly very welcome) 20 percent in the first quarter of the year compared to 2024. The priority is to rebuild the brand and sustain sales beyond Junior alone.”
Next, let’s talk about one of the most powerful, yet underused, tools in the sales process: the trade-in. Managers, if you’re serious about gross, ensure this happens every single time. Managers, if you want to ensure the deal is sealed, get involved. If you want to maximize gross, this step is non-negotiable.
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