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Auto dealers' 2025 outlook brightens as optimism surges post …
2024年12月12日 · The Q4 2024 Cox Automotive Dealer Sentiment Index (CADSI) revealed a shift in dealer outlook. Throughout 2024, political uncertainty surrounding the U.S. presidential election dampened dealer optimism. Jonathan Smoke, chief economist at Cox Automotive, notes that with the election resolved and the possibility of supportive measures like tax rebates and lower …
Maximizing marketing ROI: How dealers can align strategies for …
2024年12月17日 · As dealerships look ahead to 2025, aligning marketing strategies with measurable outcomes has never been more critical. In today’s episode of Inside Automotive, Durran Cage, founder of Cage Automotive, shares essential insights on maximizing marketing ROI, the importance of data-driven decision-making, and the role of customer engagement in …
Hyundai-Amazon retail platform delayed until 2025
2024年11月22日 · Last year, Amazon and Hyundai unveiled a revolutionary partnership that would allow the automaker to sell its vehicles on the massive e-commerce platform.. Despite the substantial delays caused by June’s CDK cyber attack, which impacted more than half of Hyundai’s U.S. dealership network, the Hyundai-Amazon platform continues to progress steadily.
CBT News celebrates the 2024 40 Under 40 award winners
ATLANTA, Georgia (Nov. 04, 2024)— CBT News, the dealer community’s No. 1 resource for in-depth interviews and news coverage, is pleased to announce the honorees of this year’s 40 Under 40 awards, which recognizes excellence and success in today’s retail automotive professionals. The 40 Under 40 awards celebrate the emerging leaders in dealerships across the U.S. who …
VW workers plan second wave of walkouts as negotiations continue
2024年12月6日 · As tensions between labor leaders and management escalate over cost-cutting measures, Volkswagen (VW) workers are preparing for a second wave of walkouts across the company’s German plants on December 9. The impending strike, which will include four-hour walkouts at nine different sites, follows an initial round of strikes on December 2, marking a …
NADA and FTC spar over CARS rule in U.S. appeals court
2024年10月10日 · On October 9, a U.S. appeals court examined the challenge by the National Automobile Dealers Association (NADA) and the Texas Automobile Dealers Association against the Federal Trade Commission’s (FTC) CARS Rule. The rule, designed to curb deceptive dealership practices, such as bait-and-switch advertising and undisclosed finance and …
Jaguar reveals bold rebranding for all-electric future
2024年11月19日 · Jaguar has officially revealed a complete overhaul of its branding identity, signaling the start of its transition to an all-electric lineup. The British automaker introduced a bold new logo in anticipation of the highly awaited Jaguar Design Vision Concept, set to debut on December 3.. This concept car will give a glimpse into a future luxury electric sedan slated for …
Fed’s interest rate cuts could revive buyer interest
2024年11月7日 · The interest rate cut has already positively impacted auto loan rates. According to Cox Automotive, auto loan rates for new vehicles have decreased by 0.30%, or 30 BPs, year over year, and for used vehicles, they are down by 0.55%, or 55 BPs. This reassuring trend is a ray of hope for auto dealers and consumers, as this is the third consecutive month in which …
Trump's presidency brings mixed reactions across automotive …
2024年11月6日 · As the automotive industry braces for a new Republican administration under President-elect Donald Trump, stakeholders reflect on how this leadership shift may shape their operations, regulatory landscapes, and electric vehicle (EV) strategies. Automakers, suppliers, labor leaders, and analysts are weighing the possible impact of anticipated policy shifts, …