My name is Michael Aufmuth and I work in the automotive industry with Elite FI Partners. I put this blog together as a collection of the latest news, events & articles surrounding today's events in the automotive industry. Visit my company site at www.elitefipartners.com
Wednesday, May 31, 2023
Toyota Reports 5% April Sales Increase
Uptick driven by demand for hybrids and gasoline-powered cars.
Tuesday, May 30, 2023
Monday, May 29, 2023
Lawsuit Alleges Deceptive Practices at Group's Stores
Two former employees allege supervisors at three Illinois stores encouraged deceitful practices involving auto lenders.
Sunday, May 28, 2023
Ford, Tesla Announce Charging Agreement
Ford’s models can use Tesla’s Superchargers starting next year, then 2025 models will sport Tesla’s standard connector.
Friday, May 26, 2023
New-Vehicle Sales Set to Soar in May
Robust demand and increased vehicle availability drive significant growth.
Thursday, May 25, 2023
Dealers Have Spent Over $5B on EV Infrastructure
NADA says estimate doesn’t include service equipment, power company costs.
Wednesday, May 24, 2023
Ford Changes Its Mind About AM
CEO posts that it will be in all 2024 models due to its role in emergency broadcasts.
Tuesday, May 23, 2023
CNA National Launches EV-Specific Service Contract
In-depth research culminates in release of new product.
Monday, May 22, 2023
Cross-Border EV Charging Network Announced
U.S.-Canada corridor would span about 900 miles between Michigan and Quebec.
Sunday, May 21, 2023
Saturday, May 20, 2023
Powersports Market Heads Into Warm Season
Typical price increases may not happen this year, Black Book says.
Friday, May 19, 2023
Consumers Say Vehicle Purchases Easier in April
CDK Global’s monthly purchase scorecard highlights buying trends in light of rising interest rates, inflation.
Tuesday, May 16, 2023
Leasing Circumvents Tax Credit Limits
Law treats leased vehicles as commercial, giving consumers an end around.
NHTSA Urges Recall of 67 Million Air Bag Inflators
The affected air bags are utilized by a dozen car manufacturers, including General Motors Co., Stellantis NV, Volkswagen AG, and Hyundai Motor Co.
Monday, May 15, 2023
Ford, GM to Boost Incentives
Both automakers are discussing potential incentives and the distinction between wholesale and retail.
Testing Shows Inadequate Back-Seat Protection
Updated IIHS crash test gives none of five models good rating.
Saturday, May 13, 2023
Thursday, May 11, 2023
Wednesday, May 10, 2023
EV Sales Surged in Past Two Years
Consumer demand also ballooned in period of dealership infrastructure investment in transition.
GM Picks Up Ex-Apple Exec
Abbott will lead its new software division for vehicle and enterprise tech.
Monday, May 8, 2023
Loan Fraud and Defaults Top Lenders’ Concerns
Point Predictive fraud survey finds auto lenders fear worsening economic conditions will fuel a surge in fraudulent practices.
Sunday, May 7, 2023
Galpin Motors Patriarch Passes
Elder Boeckmann built L.A.-based dealer group into one of country’s biggest.
No-Drive Warning Issued for Some Older BMWs
German brand escalates earlier recalls due to increasing injury, death risk.
Saturday, May 6, 2023
Thursday, May 4, 2023
What’s Old is New Again?
In this video, Trent White with the Automotive Training Academy by Assurant discusses the shift back to your old, pre-pandemic process to help drive sales.
Dealers' Choice Awards Spotlight: CNA National
Tune in for an interview with CNA National's Vice President of Sales Administration, Diana Grimes; and Joe Ward, Western Division Vice President of Sales.
Wednesday, May 3, 2023
Widewail Adds ChatGPT/AI to Dealer Review Solutions
Provides business insights and cost savings in review response.
Tuesday, May 2, 2023
GM Invests in New EVs and ICE Parts Distribution
Investments in replacement parts distribution centers follow double-digit increases in aftermarket parts sales.
Monday, May 1, 2023
Work Truck Solutions Expands Supply Chain Support
Innovative, cutting-edge software suite provides efficiencies to upfitter/accessory manufacturers and distributors.
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