California Dealers Likely to Have Lost $910 Million in 2022 Profits Due to Tesla and Other EV Makers

posted by Mike Smith

The declining market share of franchised dealers in states like Washington and Colorado, which allow direct sales and follow California’s climate standards, is cutting into their potential profits. Tesla’s sales  Full Article »

Rivian Q1 Revenue Estimates Better Than Expected for High-Priced EV Sales

posted by Mike Smith

Rivian Automotive Inc (RIVN.O) exceeded analysts’ expectations for quarterly revenue by selling more high-end electric vehicles in Q1, while maintaining its production forecast of 50,000 cars for the year. The  Full Article »

Upselling Techniques to Use in Auto Sales

posted by Automotive Addicts Contributor

When you first open up a car showroom or even work in one, it is highly likely that you are so interested in making a sale that you do not  Full Article »

Ford Ramps Up Production In The U.S.

posted by Kurt Ernst

Just a few years ago, Ford’s future looked anything but bright. Their product mix was aging and uninspired (does anyone remember the Ford 500 or Freestyle?), and the most positive  Full Article »

October Auto Sales Plung for GM, Honda and Toyota

posted by Malcolm Hogan

DETROIT — Auto sales at General Motor, Ford Motor Co. and Toyota Motor Corp. plunged in October as the U.S. industry braced for what may be the weakest monthly sales  Full Article »