Trending Auto Retail News
Our Time Is Now: Q&A with Erich K. Gail of the Cardinale Group
By Laurie Halter, owner of Charisma! Communications A few weeks ago, I had the privilege of sitting down with Erich K. Gail, CEO of the Cardinale-Group of Companies to discuss the strategies they are using to market, sell, and serve their customers and associates...
Zeigler to Pay Health Insurance Costs for Employees for May and June, Adds Additional Help for Next 8 Weeks
Kalamazoo Michigan (April 22, 2020) - Aaron Zeigler, the dealer group’s president and owner, announced on Monday, April 20, 2020 that he will be offering free health insurance for the month of May and June to all employees that are currently working or back to work by...
Recovering Demand Is Crucial to the Sustainability of Restarted Production at Volkswagen, Says Globaldata
Following the news that the production of vehicles at Volkswagen’s (VW) main Wolfsburg plant in Germany has restarted after a period of shutdown due to the impact of the COVID-19 crisis; David Leggett, Automotive Analyst at GlobalData, a leading data and analytics...
Sentiments Crash for Several Global Automakers, Says Globaldata
The COVID-19 outbreak has rendered automakers helpless with large-scale supply chain disruptions and retail outlet shutdowns. The troubles are mounting due to supply chain volatility spreading as fast as the virus, which also reflects the in decline in sentiments for...
Financial Pressures in Automotive Will Boost M&A Activity, Says Globaldata
There has been an increase in the number of deals in the automotive sector reported since the COVID-19 crisis hit the global auto industry in March, says GlobalData, a leading data and analytics company. David Leggett, Automotive Editor at GlobalData, comments: “As...
Nextgear Capital Extends Relief Package for Dealers, Launches Resource Hub
CARMEL, Ind. (April 24, 2020) – As part of its ongoing response to the COVID-19 pandemic, NextGear Capital, the automotive industry’s largest floor plan provider for independent dealers, announced it’s continuing to support dealers during this crisis by extending the...
COVID-19 Causes Global Auto Industry Running Rate to Dip to New Low, Says Globaldata
Analysis carried out by GlobalData, a leading data and analytics company, shows that the global light vehicle market hit a seasonally adjusted annual running rate (SAAR) of just 54 million units in March, which compares with almost 90 million light vehicles sold...
COVID-19 Puts Brakes on Driverless Cars, Says Globaldata
In recent years, the automotive industry has been addressing the megatrends set to transform long-term urban mobility and the industry, but the current crisis is now re-setting priorities, says GlobalData, a leading data and analytics company. Calum MacRae,...
Gunther Motor Company Has Partnered With Meal Delivery Company Farm to Fork Meals to Give Back to First Responders and Hospital Workers in South Florida.
FORT LAUDERDALE, Fla., April 23, 2020 (Newswire.com) - With the help of a South Florida based meal delivery company, Gunther Motor Company presented meals to local hospitals and first responders from Hollywood, Florida to Delray Beach, Florida. Throughout the week,...
Spireon Data Demonstrates Strong Causal Relationship Between Increase in Mobility and Upsurge in COVID-19 Cases
8 Billion Data Points from More Than 3 Million Vehicles Analyzed, Revealing Correlation IRVINE, Calif., April 23, 2020—Spireon, the vehicle intelligence company, today revealed an analysis of proprietary driving data that signals a strong causality between increased...
Lease Credit Approval Rates Dip Slightly to 69.3% in March
Lease Approval Ratings and Consumer Shopping Habits Shift Amongst COVID-19 Pandemic CINCINNATI, OHIO (April 23, 2020) – Swapalease.com, the nation’s largest car lease marketplace, reports car lease credit applicants registered a 69.3% approval rate in March, a slight...
New DealerMax Retail Re-Engineering Guide Tackles the Six Pivotal Process Changes Necessary for Dealers Transitioning to Online Sales Success
PHILADELPHIA, PA, April 23, 2020 – DealerMax announced today the downloadable availability of its latest dealership performance directive, Dealership 2020 Guide: Re-engineering Automotive Retail, discussing six essential online sales processes the new online sales...
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