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Shift in dealership hiring process and mindset fosters change
By 2007, Williams was ready to own a store, but his employer didn't extend the opportunity to be a partner. After reading about the formation of RLJ-McLarty-Landers Automotive and Johnson's directive to develop minority entrepreneurs in…
Jaguar Land Rover CEO Joe Eberhardt: New Range Rovers to pull dealers through shift
Q: With prices for some models of the new Range Rover topping $250,000, should we think of it as a competitor to the Bentley Bentayga, Rolls-Royce Cullinan and Aston Martin DBX?
A: I think that's a question we should ask our customers.…
New York dealership group sees big business in commercial trucks
While that aspect of the business has remained constant, the way the dealership group connects with customers is completely different from how it did when O'Brocta joined.
Back then, he said, "It was picking up the Yellow Pages and…
Wholesale used-car prices fell in April, marking third month of decline
Wholesale used-vehicle prices ticked down again in April, marking three full months of slight cooldown after a long stretch of record elevation last year.
Cox Automotive said Friday that its Manheim Used Vehicle Value Index, which…
Kia updates Soul for 2023, drops Turbo model
Kia is refreshing the boxy 2023 Soul with a new grille, larger touch screen, more standard safety tech and a streamlined menu of trims.The subcompact hatchback continues to be a hot seller for the brand, with over 75,000 U.S. sales in…
Genesis GV60 electric crossover will be awd and deliver up to 483 hp
Genesis' new GV60 electric crossover will make its showroom debut in phases, starting with certain dealerships in California, Connecticut, New Jersey and New York in two weeks.The phased approach ensures that Genesis meets consumer…
American Axle’s income plunges | Automotive News
American Axle joins much of the OEM supplier base this week in reporting bleak performances for the quarter, underscoring the financial pain that persists among suppliers even as automakers turn significant profits.
American Axle (NYSE:…
American Axle’s Q1 net income plunges
American Axle joins much of the automotive supplier base this week in reporting bleak performances for the quarter, underscoring the financial pain that persists among suppliers even as automakers turn significant profits.
American Axle…
Tenneco reports lower Q1 earnings as it prepares for sale
Tenneco is in the process of being purchased by Apollo in a $1.6 billion deal projected to close in the second half of 2022. Because of the pending sale, Tenneco did not host a conference call with investors.
"In the face of continuing…
CATL scouting U.S. sites for EV battery output to serve Ford, BMW, report says
He said CATL had begun mass production of batteries for overseas markets in 2021 and was looking to lock in its standing as the major battery supplier to automakers overseas "in the next round of supplier sourcing," which he said would…