Ford says UAW strike cost $1.3B, overshadowing $1.2B in Q3 net income

26October 2023

Ford says UAW strike cost $1.3B, overshadowing $1.2B in Q3 net income

Ford said the deal will increase its labor costs by $850 to $900 per vehicle,...

26October 2023

Experts share best practices for dealerships’ use of AI

Two panels of experts explained how dealerships can use AI for maximum benefit. One key:...

26October 2023

CDK, Cars Commerce emphasize value of customer experience

Retailers should focus on reaching customers and then the consumer experience after that connection has...

26October 2023

Scenes from the 2023 Automotive News Retail Forum: Chicago

Auto retail leaders gathered in the Windy City to tackle the biggest issues facing the...

26October 2023

Costs and time impact dealership consolidation

Industry experts talked geography, brands and 2024 predictions in a dealership consolidation panel at Retail...

26October 2023

Lucid launches referral program with vehicle discounts and factory tours

Air EV buyers who use a referral code can get $700 to $1,250 off. Lucid...

26October 2023

Dealerships owned by late trio trade hands in Tennessee

Heirs from the late partners’ estates worked together to complete the third-quarter transactions....

26October 2023

Toyota recalls 1 million Highlander crossovers globally

The recall covers certain 2020-23 Toyota Highlander and Highlander Hybrid vehicles....

26October 2023

VW will redouble cost-saving efforts after disappointing Q3 margins

Potential cost cuts across all of its brands “will be identified and implemented swiftly,” VW...

26October 2023

Audi puts planned Formula One entry under review, report says

Audi announced last year that it would enter Formula One with one of the sport’s...

26October 2023

Volvo’s Q3 profit jumps as sales rise, costs fall

CEO Jim Rowan said the positive financial results were due to factors that included lower...

26October 2023

Gotion to invest $2.36 billion in Michigan battery component factory

Gotion’s U.S. subsidiary has signed agreements to acquire land and site preparation, with lead assistance...

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