In the latest sign of slowing electric vehicle market, Fisker announced on March 18 that it pause production for six weeks as looks to raise more...
Fisker Pauses EV Production for Six Weeks
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4 Ways AI Can Be Leveraged in the Automotive Aftermarket and Heavy Duty Industry Today
We are witnessing a transformative era similar to what we felt when the internet emerged, and how we shop changed forever. Artificial Intelligence...
It’s 2024, Let’s Toast to Mass Confusion! Auto Dealers Will Face More Challenges This Year When It Comes to EV Sales
For auto dealers with electric vehicles sitting on their lots—which is nearly everybody— 2024 will be another year of confusion. On average, auto...
Carvana Reports First-Ever Quarterly Profit
Carvana posted its first-ever annual profit on Feb. 22 in the aftermath of a deal with bondholders last year to cut its outstanding debt by $1...
Revised EV Transaction Price Data Show Downward Price Pressure Continues
Cox Automotive and Kelley Blue Book revised the electric vehicle (EV) transaction price data in January to more accurately capture the expanding EV...
“It Can Happen To You, It Can Happen To Me, It Can Happen To Everyone Eventually”
90125. No, it’s not a zip code. And, it’s not a television show. It was an album released by the prog-rock band Yes in November, 1983. According to...
John Devlin of Pennsylvania Elected Chairman of the Automotive Trade Association Executives
Pennsylvania Automotive Association (PAA) President John Devlin was elected the 2024 chairman of the Automotive Trade Association Executives (ATAE)...
The Presidio Group Partners With NCM Associates, Launches New Quarterly Report Revealing Average Dealership Financial Data
The Presidio Group LLC, an independent merchant banking firm focused on mergers and acquisitions, capital raising and investments in the automotive...
Call from EV Voice of the Customer to Slow Mandates Continues to Grow
As car dealers gather this week for the annual National Auto Dealer Association (NADA) meeting in Las Vegas, the EV Voice of the Customer is again...
Dealer Magazine: Interview with Ryan Sodikoff of Steven Toyota
Dealer Magazine had the privilege of talking with Ryan Sodikoff, the General Manager and President of Steven Toyota in Harrisonburg, Virginia. The...