Fintech expert breaks down a disparity in lending to Uber drivers
Traditional prime auto lenders financed far fewer gig drivers than subprime lenders....
F&I revenue still possible as leasing returns
As leasing grows across the country, car dealership finance managers might have a harder time hitting the kind of F&I gross profit per vehicle seen during the inventory shortage. But there's still an opportunity for the finance and insurance office, experts said....
AI, machine learning boost Widewail’s look at dealership reviews
Widewail's platform helps dealers track their online reviews. Machine learning and AI enables better understand of their wants and needs....
Smart plans 2025 Europe launch for #5 midsize electric SUV
Smart says the #5 will appeal to owners of the brand's small city cars, many of whom have a midsize SUV as a second car....
BYD aims to get half of sales from global markets
BYD’s target is to sell about 3.6 million full-electric and plug-in hybrid cars globally in 2024, and is on track to hit 500,000 overseas sales this year....
Hyundai turns to new hybrid tech to power growth amid ‘slowdown’ in EV demand
Hyundai is leaning heavily into hybrids, citing ‘the recent slowdown’ in EV demand, and expects its sales of the gasoline-electric vehicles to more than double as it rolls out new electrified powertrain technologies and extends them to the Genesis premium brand....
Chrysler’s Heir Wants to Save Dodge and Chrysler From Stellantis
Walter P. Chrysler's great-grandson doesn't think the automaker is giving the brands proper attention or investment....
Guest commentary: What’s keeping Larry up at night?
Dealers need to protect customer information, train staff and invest in technology to sleep better at night....
Guest commentary: 6 tips for dealers in a still-volatile market
What should dealers be doing to navigate these strange and challenging times?...
Column: EV fire risk, dealership design and insurance costs
Insurance companies are trying now to figure out is what will happen if, or when, electric vehicles catch fire on dealership property....