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AI fixes the gaps that are costing you service customers
11+ hour, 25+ min ago (738+ words) There are multiple areas where service breaks down, but most of it traces back to communication, specifically on the phone and over text, where customers are actually deciding whether to move forward or move on." What we see is pretty…...
Lotlinx Q1 2026 Vincensus report reveals a market in motion: Demand has not disappeared " it has moved
12+ hour, 23+ min ago (323+ words) New Vehicle Prices Hit $45, 926 as Used Vehicles Surge 8%; EV Inventory Swells to 100-Day Supply While Hybrid Sales Capture a Quarter of the Market New vehicle sales fell 7% quarter over quarter in Q1 2026, landing slightly below the same period last year, according…...
New vehicle inventory falls to 79 days in March
19+ hour, 25+ min ago (286+ words) New-vehicle inventory fell to an average of 79 days in March, signaling potential pricing adjustments for dealers with tighter inventory, according to the latest data from Cox Automotive. New-vehicle inventory fell to an average 79-day supply in March, according to the…...
Joby brings electric air taxis to New York City in week-long flight campaign
14+ hour, 19+ min ago (190+ words) Led by the NYC Economic Development Corporation, and in partnership with Skyports Infrastructure and Vertiports by Atlantic, New York City's heliport infrastructure will be electrified in anticipation of the launch of commercial air taxi service. Joby's aircraft has been specifically…...
GM leads Q1 earnings forecast, USMCA uncertainty threatens foreign automakers, April sales pace reaches 16. 1 M
15+ hour, 41+ min ago (57+ words) GM set to lead Q1 earnings as cost pressures, EV pullbacks weigh on Detroit automakers. Read More Foreign automakers warn USMCA uncertainty could force U. S. exits, WSJ reports. Read More April new-vehicles to see 16. 1 M sales pace. Read More Dealers face inventory…...
New-vehicle sales fall for third straight month in April
19+ hour, 1+ min ago (200+ words) New-vehicle sales continue to slide but are holding up better than expected, according to Cox Automotive's latest monthly sales forecast. New-vehicle sales are on pace to fall for the third straight month, according to the latest Cox Automotive sales forecast....
GM tops Q1 expectations, raises outlook on tariff refund boost
15+ hour, 5+ min ago (280+ words) Strong margins and tariff relief offset an EV slowdown and rising costs, as the automaker lifts full-year guidance. The Detroit automaker posted adjusted earnings before interest and taxes of $4. 3 billion, or $3. 70 per share, surpassing analyst expectations of $2. 62, as CBT News…...
Tasca Automotive Group acquires Lincoln dealership in Clearwater from Auto Nation
16+ hour, 25+ min ago (173+ words) Tasca Automotive Group has expanded its Florida presence with the acquisition of Auto Nation Lincoln Clearwater, adding its first Lincoln franchise The post Tasca Automotive Group acquires Lincoln dealership in Clearwater from Auto Nation appeared first on CBT News. Tasca…...
GM set to lead Q1 earnings as cost pressures, EV pullbacks weigh on Detroit automakers
18+ hour, 30+ min ago (537+ words) Analysts expect GM to outperform Ford and Stellantis as rising costs, tariffs and EV losses reshape the industry outlook. General Motors is set to report its first-quarter earnings before the bell Tuesday, with analysts expecting the automaker to lead its…...
Affordability challenges push dealers to rethink sales and staffing strategies
20+ hour, 22+ min ago (475+ words) Dealers are operating in a market defined by affordability pressures, shifting customer behavior and ongoing demands for performance. At Green Mazda Lincoln in Springfield, Illinois, General Manager Colin Liss said the store is focused on the fundamentals to maintain stability…...