News
Unraveling the tactics guiding Hyundai dealers through climbing incentive targets, elevated inventory, and more
9+ hour, 21+ min ago (1390+ words) Plus, a word from Hyundai re: dealer claims Tune in Monday for our special Memorial Day broadcast of Daily Dealer Live, featuring: Manny Sedano, dealer principal and veteran Andrew Sweet, CEO of Select Fi Chris Taylor, dealership owner and veteran…...
Jenkins Auto Group expands Florida footprint + Ed Morse details marketing campaign
1+ day, 8+ hour ago (595+ words) Happy Saturday and Memorial Day weekend! It was a dynamite week of guests on our shows. "It'll Eat You Alive!" Turning Tragedy Into a Billion-Dollar Dealership Group (And the Lessons Learned Along the Way) F&I Pay Plans, Pricing Transparency,…...
First (publicly known) agent-to-agent car deal goes down in Salt Lake City
1+ day, 18+ hour ago (713+ words) Chris Hudson may have dabbled his way into automotive history." Hudson, general manager of Mark Miller Subaru in Salt Lake City, was tinkering with AI tools when he realized he could build an agent to shop his own store. Driving…...
Federal EV, hybrid fees move forward
1+ day, 19+ hour ago (403+ words) The U. S. House Transportation and Infrastructure Committee completed its markup of the BUILD America 250 Act Thursday, which includes proposed federal annual registration fees of $130 for EVs and $35 for plug-in hybrids. What we know: After a 14-hour session, the Committee advanced the…...
GM Chris Hudson: Agent-to-agent car sales aren't far from happening
1+ day, 21+ hour ago (536+ words) Chris Hudson can't wait for an agent-to-agent car deal. In fact, he's actively trying to speed it along. Hudson, general manager of Mark Miller Subaru in Salt Lake City, was tinkering with AI tools when he realized he could build…...
Used EV sales gain momentum as lease wave takes hold
1+ day, 21+ hour ago (585+ words) Used EV sales will likely continue gaining momentum as an influx of pre-owned models lands on dealer lots over the next three years, and as buyers look for ways to lower ownership costs. First things first: Amid slowing new EV…...
IRS: $2. 6 B claimed under new auto loan interest deduction
1+ day, 21+ hour ago (285+ words) I am proud to have spearheaded the auto loan interest tax deduction to allow hardworking Ohioans to afford American-made vehicles," said U. S. Senator Bernie Moreno (R-OH). The newest Internal Revenue Service (IRS) data from mid-May shows 1. 4 million tax filers took advantage…...
Impel unveils AI video lead solution
2+ day, 6+ hour ago (484+ words) Impel has launched its new AI sales solution that sends a tailored video to leads on a specific vehicle. The next-generation AI solution, in testing at 20 stores, showed a 150% increase in engagement and 40% jump in showroom appointments. What we know:…...
GM pauses $3. 5 B Indiana EV battery plant in latest electrification pullback
2+ day, 10+ hour ago (453+ words) GM has paused construction on its $3. 5 billion EV battery plant in Indiana with Samsung SDI, marking another major shift in the automaker's electrification strategy. The details: The plant'touted as an example of "GM's commitment to driving innovation" when announced in…...
One-size-fits-all vehicle sales pitches are losing ground, Mazda study suggests
2+ day, 10+ hour ago (410+ words) Research commissioned by Mazda suggests consumers increasingly want vehicles that align with their lifestyles, stressing the need for retail marketing and sales teams to think more granularly about buyer preferences. In Columbus, lifestyle alignment centers on space and practicality, with…...