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Automobile
F&I providers balancing parts, labor inflation with product pricing
Product providers indicated that existing pricing might be enough to manage the inflation of claims costs. But vendors also showed confidence in their ability to raise rates further if needed.
JM&A Group's statistics tell a tale…
Ford adds cool to the frunk in YouTube series about EVs
Although automakers selling EVs have spent most of their time assuaging consumer concerns such as range anxiety, Ford is now focusing on the fun and trying to make the frunk a cultural moment and part of a lifestyle. The social…
KAR focus on online car auctions after sale of ADESA U.S.
Customers ultimately see a future with "more digital transactions, not fewer," Kelly said last week after KAR reported a net loss for the first quarter.KAR intends to capture more of the market for dealer-to-dealer transactions, and…
Why Tesla’s emphasis on camera data from AI might not be enough
Tesla maintains that artificial intelligence, the heart of its self-driving technology, gathers all the data it needs from cameras. CEO Elon Musk says that cameras and radar sometimes present conflicting data. "When radar and vision…
Baseball Hall of Famer Reggie Jackson wants to sell you a Honda
Mr. October plans to be actively involved in the dealership's operation — so much so that he intends to buy a home nearby and live there part time.
"I'll have a place here probably within 12 months," Jackson, 75, told The News &…
Hybrid sales approach might give public dealership groups a lift
Fong estimated the public franchised groups likely increased their digital market share for used vehicles to 13 percent of the market as of the first quarter, up from roughly 9 to 11 percent before. That increase can be explained in…
EV subsidies should continue, with modifications
Lawmakers in Washington have a decision to make: Expand consumer subsidies on battery-electric vehicles, or let the current law run its course and allow the technology and hundreds of billions of dollars of investments to live — or die…
‘Time right now' to prepare for new data rules
Dealers need to start planning now and enacting new guidelines as the December deadline for compliance for the new Safeguards Rule fast approaches.
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Relationships, tools build auto loan business
Auto lending experts at the Auto Finance Risk Summit in April shared their insights on dealer retention, digital tools and the challenges ahead as the market stabilizes.
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Land Rover Defender ads for parking feature are banned in U.K.
Two ads for the Land Rover Defender have been banned in the United Kingdom over concerns that they could mislead viewers into thinking the vehicles would keep drivers from going over a cliff.The ads showed a Defender parking at the end…