Car shoppers in the United States eager to get their hands on a new vehicle for a bargain price this coming Memorial Day weekend will instead discover record high prices and low vehicle inventory, according to Kelley Blue Book. However, …
Former President and CEO of Honda Canada Jerry Chenkin has joined HR4’s Board of Advisors to help guide the company towards further expansion. In a news release, the end-to-end employee life-cycle solution provider said Chenkin has more than forty years …
Serti has announced a new integration with the Mazda CLMP (Certified Lead Management Program) to dealerships under the banner that will see certain customers shifted to the sales department calendar. Specifically, potential customers seeking to purchase new and used vehicles …
Artificial intelligence tools are not just for autonomous driving. Dealerships can use this tech to grow and maximize their fixed ops department and revenue. Dealerships have adapted remarkably well through the pandemic, including managing the impact of supply shocks that …
The semiconductor chip shortage that has impacted a number of automakers across the globe may cost OEMs US$110 billion in revenues this year — up from a previous estimate of US$61 billion, according to AlixPartners. The forecast from the consulting …
For dealerships in Australia, June has traditionally been the biggest month of the year for new-car sales, but inventory shortages (due to pandemic-related issues) are likely to impact that period. “Severe stock shortages in the lead-up to the end of …
Texas lawmakers want to tax electric vehicles, since they circumvent fuel taxes in the state. According to The Truth About Cars, “The proposed legislation stipulates an annual fee of between $190 and $240, an additional fee of at least $150 …
Ford is partnering with Korean energy company SK Innovation in a new joint venture that will see the two companies create BlueOvalSK: a firm responsible for producing batteries in the United States. “The automaker thinks it will need 240 gigawatt …
Tesla has reportedly received preliminary approval to move forward with its Gigafactory in Berlin, Germany. “Based on the tweets below, Teslarati suggests that a preliminary approval from the Brandenburg government will allow Tesla to begin working on installations related to …
Cox Automotive Canada has created two new awards around inclusion and diversity for eligible students at the Georgian College Automotive Business School of Canada (ABSC): The Cox Automotive Canada Inclusion Award and The Cox Automotive Canada Diversity Award. As of …
Twenty-five per cent of women in the United States defect annually from their dealership’s fixed ops department due to communication inconsistencies, according to Women-Drivers.com (WD). The company says the percentage of defects translates to an average loss of $1.03M in …
Market share for zero-emissions vehicles increased in 2020, with the percentage of new ZEV registrations in Canada accounting for 3.52% of new light vehicle registrations, according to DesRosiers Automotive Consultants (DAC). The increase was small when considering the majority of …
