Musk’s own personal wealth has declined by more than $100 billion this year, according to the Bloomberg Billionaires Index.
F&I is under pressure from shrinking margins and slipping loyalty. With connected technology, dealerships can strengthen post-sale engagement, boost service retention, and unlock recurring ...
As the automotive market returns to normal after the post-pandemic heyday and the subsequent affordability and credit squeeze, dealers are now facing a familiar challenge. They need to find ways to ...
The tech tycoon said a fire at a Tesla dealership in Rome that destroyed 17 cars was “terrorism.” Italy’s special police unit Digos is leading an investigation into the fires.
Non-Tesla EVs had 58,777 new registrations in January, with double-digit and triple-digit percentage gains from a variety of Tesla competitors.
Driving the future: How AI Agents will revolutionize the automotive industry Publishing Partner: Annata ...
The Federal Trade Commission’s ongoing case against Asbury Automotive could signal what’s in store for disparate impact litigation against auto dealers and financiers.
First, TikTok offers a ton of content for car enthusiasts, including make and model reviews, electric vehicle reviews, and more. In fact, we over-index on EV content. According to a survey by GWI, 33% ...
The roadside-services industry is leveraging new and emerging technologies aimed at rescuing stranded customers faster, while at the same time offering them more transparency into the rescue process.
Porsche is growing its number of exclusive dealerships in the U.S. The luxury automaker last year added 16 standalone stores.
Porsche is facing trade tensions, pressure from China and high investment costs in combustion-engine technology, all of which are weighing on margins.
Jose Muñoz, poised to take over as global CEO of Hyundai Motor Co., says powertrain flexibility is critical to surviving uncertainty and key to achieving that is ramping up hybrid sales in the U.S.