Cadillac helps lace up $5,000 custom shoes based on its EVs
Bespoke sneakers from designer Dominic Ciambrone borrow patterns, materials and colors from the Cadillac Lyriq, Celestiq, Optiq and Escalade IQ....
Overheard: Dealership social media channels need to promote service departments
Dealership social media is too focused on sales and needs to highlight fixed operations services and specials, said Melissa Marlatt, COO of InteliChek, on the "What the Fixed Ops?! (WTF?!)" podcast....
Mazda incentives soar, putting pressure on profits, upmarket move
Spiraling incentives nearly wiped out Mazda's operating profit in the latest quarter, as the company spent more to sell more. Volume and market share are growing. But it comes at a big price, with U.S. spiffs nearly double their level a year ago....
Guest commentary: Dealers can own EV sales, but success requires a culture shift
Here are four proven best practices to ensure your dealership's EV success....
Rhode Island dealerships settle deceptive sales claims for $1 million
Six Rhode Island dealerships have settled with the state attorney general over allegations of deceptive sales practices....
GM Just Laid Off Over 1,000 People
The layoffs represent 1.6 percent of the company's entire salaried workforce....
Average dealership pretax profit slipped 33% in the first half of 2024, report says
The report from Presidio Group and NCM Associates also found the typical dealership hasn't reduced expenses quickly enough amid profitability declines....
Column: EV transition requires battery and charging technology advances
Consumers will switch to EVs after the range and charging speed matches that of gasoline vehicle refueling....
Are recent job cuts the start of a bloodbath?
TO THE EDITOR: Regarding autonews.com’s “Stellantis laying off up to 2,450 workers at Mich. truck plant” (Aug. 9), “Nissan offers buyouts to salaried workers as U.S. business slides” (Aug. 6) and “Seating supplier to cut jobs in Detroit after truck discontinuation” (Aug. 2), along with a video discussion about Chrysler’s future with Stellantis (Aug. 5) : Are we looking at the beginnings of a bloodbath? ROBERT GAULT, President, Gault Chevrolet Endicott, N.Y....
Current EV battery chemistry maintains lead as research on improved formulations continues
But variations of a lithium iron phosphate chemistry could make up a third of the market by 2030, surging from less than 10 percent today, according to Boston Consulting Group....