Wednesday, January 31, 2024

Stellantis dealers prepare for EV rush in 2024

Stellantis dealers prepare for EV rush in 2024 https://ift.tt/72haXZM

With the first Stellantis EVs arriving this year, dealerships have to meet training requirements for sales associates, technicians, service advisers and management.

Federal Reserve leaves interest rates unchanged, says more 'confidence' needed in inflation slowdown before cuts

Federal Reserve leaves interest rates unchanged, says more 'confidence' needed in inflation slowdown before cuts https://ift.tt/G3c7QoT

For the auto industry, interest rates remain top of mind for franchised dealerships.

Toyota global EV sales quadruple in 2023, still big gap with goal

Toyota global EV sales quadruple in 2023, still big gap with goal https://ift.tt/akoGuJn

Toyota sold 104,018 EVs worldwide last year, but the automaker has a long way to go before it reaches its target of selling 1.5 million in 2026.

Tuesday, January 30, 2024

Guest commentary: Is AI-powered GPT a friend or foe?

Guest commentary: Is AI-powered GPT a friend or foe? https://ift.tt/SCwZRDf

Even as the automotive software industry races to embrace GPT, a closer look reveals a lack of true innovation in these new tools.

Monday, January 29, 2024

BYD faces key decisions in growing European market share

BYD faces key decisions in growing European market share https://ift.tt/4JayNdc

BYD is having an internal debate about which products, brands and powertrains to launch in Europe, where it will soon open a car plant in Hungary.

Sunday, January 28, 2024

Column: NADA Show is like the Super Bowl of auto retail

Column: NADA Show is like the Super Bowl of auto retail https://ift.tt/tvuJbxH

NADA Show 2024, coming up in a few days, is akin to automotive retail's Super Bowl, a mix of meetings, mingling, music, demonstrations, drinking and dancing.