As Tesla goes, so goes the U.S. electric vehicle (EV) market. Elon Musk’s ownership of his reputational scores aside, he cited the main reasons for Tesla’s first-quarter sales decline since COVID-19 impacted Q2 2020 as high-interest rates and pro

Editor’s note: This article was first published at RFIDJournal.com Technology companies are building NFC-based car access solutions that meet a universal standard related to a vehicle’s digital key. The Car Connectivity Consortium (CCC)—a g

May is looking to be a good month for auto dealers as sales are projected to increase from last month as well a year ago. S&P Global Mobility projects new U.S. light vehicle sales volume in May to reach 1.4 million units—up approximately 7 per

It’s not news to anyone that the world has changed a lot in the last few years. Global pandemic shutdowns meant that we all needed to change the way we operate: to a new, virtual way of doing business. And while the pandemic may be over, it’s not

In 2023, the electric vehicle (EV) industry experienced a significant milestone, with global sales surpassing 1.1 million units, marking the first time that annual sales exceeded the seven-figure threshold. This represented a surge of nearly 50% in E

A recent Wallet Hub report identify the states where auto loan delinquency is increasing the most as the overall rate for the last three month of 2023 was 4.17 percent. According to WalletHub officials, the year-over-year overall comparison showed a

An inaugural quarterly report detailed recalls dealerships are having to deal with to begin 2024. BizzyCar, a software platform that automates recalls for auto dealerships, published their first quarterly recall report that found more than nine milli

The Great Normalization is well underway and accelerating for certain brands in the automotive sector. That is one of the main takeaways from the recently release of “Presidio Perspectives: A Quarterly Outlook on Auto Retail and M&A Trends” f

Picture this: It’s training day at a high-volume Toyota dealership somewhere in the U.S. and Michael and I are training a team of 60 salespeople. It’s a mixed bag; some vets, some newbies, lots of in-betweeners and COVID babies. I’m discuss