Thursday, July 4, 2024

Dealers say EV sales training provides a competitive edge

Dealers say EV sales training provides a competitive edge https://ift.tt/koEZ3tz

Staff learn how to sell EVs to consumers who have different concerns than buyers of internal combustion vehicles. 

Wednesday, July 3, 2024

Geely hikes 2024 sales target

Geely hikes 2024 sales target https://ift.tt/va3Zwmp

Geely Automobile Holdings, citing strong first-half volume, raised its sales target for 2024 to 2 million, a 5.3 percent increase from goal it set at the start of the year. 

FORD: EVs, Lincoln drive slight gain as F-Series slips in Q2

FORD: EVs, Lincoln drive slight gain as F-Series slips in Q2 https://ift.tt/69OaqGp

Ford sold 532,466 light vehicles in the quarter, including a record 53,822 hybrids. Overall pickup sales rose 5 percent, but deliveries of its flagship F-Series line fell 6.1 percent.

More highlights from amicus briefs in FTC CARS Rule case

More highlights from amicus briefs in FTC CARS Rule case https://ift.tt/76mqh5I

Stakeholders including used-car dealer group NIADA and two Florida auto retailers have filed amicus briefs offering the 5th Circuit Court of Appeals additional perspectives on the FTC's impending CARS Rule for dealerships.

Tuesday, July 2, 2024

Editorial: Buy-sells undergo ‘Great Recalibration' as expectations adjust

Editorial: Buy-sells undergo ‘Great Recalibration' as expectations adjust https://ift.tt/xuvpNej

Dealers who sold their stores asked for and received top dollar for their stores during pandemic boom times. Expectations now need recalibrating.

Collision repair organization I-CAR develops new curriculum for schools, shops

Collision repair organization I-CAR develops new curriculum for schools, shops https://ift.tt/wVxD1Oo

The Inter-Industry Conference on Auto Collision Repair is introducing new entry-level curriculum for career and technical schools as well as collision repair centers as part of its I-CAR Academy.

Tesla's Q2 deliveries fall 4.8% for second straight decline despite sales promotions

Tesla's Q2 deliveries fall 4.8% for second straight decline despite sales promotions https://ift.tt/x8Uh7NB

Tesla said it delivered 443,956 vehicles globally in the second quarter, which was better than expected by Wall Street analysts. Tesla's stock price rose about 8 percent in July 2 early trading

Hyundai, Kia sales drop in wake of CDK cyberattack

Hyundai, Kia sales drop in wake of CDK cyberattack https://ift.tt/8xTjNwM

The market was on track to rise modestly in June but the widespread cyberattack at CDK, disrupting new-car deliveries, is expected to put a dent in volume, though many sales will be made up in July.

Monday, July 1, 2024

Study looks at how well dealerships answer service department telephone calls

Study looks at how well dealerships answer service department telephone calls https://ift.tt/Yte6Ng4

Pied Piper called more than 2,700 dealerships across the U.S., trying to schedule a service appointment. The fresh metric could show auto retailers a new way to enhance customer brand loyalty.