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Thursday, August 10, 2023

GM still struggling to build EVs | Electric Cadillac Escalade gets $130K starting price | The cost of UAW contract demands | Service departments may see boost | V2I connectivity coming to U.S. streets

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Thursday, August 10, 2023
2025 Cadillac Escalade IQ and Mark Reuss
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Electric Cadillac Escalade gets $130,000 starting price, 450-mile range

 
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Detroit 3
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UAW demands would mean ‘unsustainable' labor costs for Detroit 3, sources say

 
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Service department
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Service departments may see boost, S&P Global Mobility says

 
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V2I connectivity is finally changing America's streets

 
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Thriving Vehicle Sales Continue Amidst Economic Crosscurrents

Crosscurrents in the economy continue—some areas moving in a positive direction and others moving negatively—as the Federal Reserve grapples with reducing inflation while avoiding a recession.

 
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Lithia exits North Dakota with sale of two stores; closes Va. dealership

 
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ChargePoint sets initiatives to improve charger reliability

 
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Gotion lays out hiring plans, non-union preference for Michigan EV battery factory

 
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Cox VP discusses strategies for dealers looking to enhance customer service and maximize customer lifetime value

Chase Abbott, vice president of sales for software at Cox Automotive, talks about the biggest challenges dealership managers are facing today, what it means to put customers first, and real-life examples of dealers boosting lifetime customer value through modern management practices.

 
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CarGurus' Q2 net income drops 23%

 
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Vroom
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Vroom reports $66 million net loss in Q2, aims for faster car turn in second half of 2023

 
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Gavel

Judge puts U.S., New York predatory lending lawsuit against Credit Acceptance on hold

 
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Dealer-factory relationships important, Kerrigan Advisors survey says

 
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Hanon Systems to build $170 million plant in Tennessee

 
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