Former customers reacted with shock and sadness after one of Derry’s biggest car dealerships announced it was to go out of business. Bob Mullan Motors, which opened its doors more than 40 years ago, said it was with “deep regret” that they had decided to close the family business. TributesRead More →
A County Derry car dealership that has been in business for more than four decades is set to close at the end of the month. The Mullan family, who run Campsie-based Bob Mullan Motors, announced the news via the company’s Facebook page this afternoon, saying it was “by no meansRead More →
Car sales platform BuyaCar faces an uncertain future as sources have told AM that its owners are considering shutting down the business. The company responded that it was changing BuyaCar’s business model and the roles risked being redundant. BuyaCar was launched in the early 2000s to drive dealership used carRead More →
The year 2021 has been a year most consumers would rather forget due to soaring prices. Car buying, in general, has been choppy for both the used and new vehicle markets. With low inventory, it was hard to get a good deal. So how have car sales evolved since theRead More →
The crisis in Ukraine has disrupted some car assembly plants and forced companies to suspend deliveries to Russia. Russia’s invasion of Ukraine is causing waves in the automotive supply chain. The attack also prompted companies to halt shipments to Russia or suspend operations there. Here are some of the effectsRead More →
The King of Cars, as Biddle is affectionately known, has died at his residence after a busy life With great shock and sadness, the family of David Biddle announces his passing. The Omaha Nebraska native and Las Vegas icon passed away peacefully Monday afternoon at his Las Vegas residence. HisRead More →
► How the war in Ukraine is affecting the industry► Overview of the latest news and impacts► Analysis and what it means for motorists Supercar brands Ferrari and Lamborghini have suspended operations in Russia, as the auto industry continues to react to the war in Ukraine. They are the latestRead More →
With Russia’s invasion of Ukraine making headlines around the world, automotive industry supply chains are under new pressure. In addition to component deliveries, challenges arise in terms of critical raw materials in the context of supply disruptions from Ukraine and trade sanctions imposed on Russia by the United States andRead More →
A leading UK car industry body has called for ‘binding targets’ for the rollout of electric car charging infrastructure. the Society of Engine Builders and Traders (SMMT) said the targets should be part of a seven-point plan to ensure electric vehicle (EV) infrastructure is good enough to encourage drivers toRead More →
CLICK TO ENLARGE PETALING JAYA: Constraints on the supply side, particularly in the chip sector, have hampered the growth of the automotive industry. Statistics released by the Malaysian Automotive Association (MAA) showed that the continued shortage of computer chips and supply chain disruption due to floods in December affected totalRead More →
KIMBALL, Minn. (WCCO) – The pandemic has changed many ways of doing business. The automotive industry is no different. Supply chain issues have made new cars hard to come by. But a small-town dealership in central Minnesota rose to the challenges en route to its best-selling year ever. READ MORE:Read More →
The combined pressures during the pandemic have seen the limited availability of new cars push used car prices to record highs. Some analysts believe the used car market peaked at the end of 2021, and as more new cars become more readily available, these historic prices will drop. TrueCar collectsRead More →
Welcome to another edition of Inside Automotive. Today, presenter Jim Fitzpatrick is joined by Ken Hill, Managing Director of 700Credit, and Pete MacInnis CEO of eLEND Solutions. The group discusses the recent partnership between 700Credit and eLEND Solutions that helps car dealerships prevent identity theft and consumer fraud. About 18Read More →
The concept of cryptocurrency is not new. More than a decade has passed since the creation of Bitcoin. However, there have been many more examples of cryptocurrencies since then, and it has always been of considerable interest to a wide range of individuals. Several recent news stories about bitcoin andRead More →
Vehicle sales in 2022 are expected to continue on a positive trend with the South African automotive industry showing resilience. South Africa’s auto industry is off to a strong start in 2022 with total vehicle sales in January at 41,382 units, up 19.5% from the same period last year, MarkRead More →
Harrisburg, Pennsylvania – An increase in the cost of used cars has caused an increase in car scams. An American consumer who buys a used car today pays 42% more than they would have in 2019, according to Kelley Blue Book. Two Pennsylvania dealers allegedly violated consumer protection laws throughRead More →
AutoTrader’s 2021 Automotive Industry Report reveals that electric vehicles (EVs) and BMWs have grown in popularity. The report, covering the period from January to December, shows searches for electric vehicles jumped 110% to half a million last year, while BMW received an additional eight million views of consumer ads inRead More →
Welcome to another edition of Inside Automotive with Jim Fitzpatrick who is joined by Sean Gardner, Sales Instructor and Trainer at Joe Verde Group. For over 35 years, JVG has been a leading training organization for automotive dealers, managers and salespeople worldwide. Today, Gardner shares his best techniques for closingRead More →
SEVERAL automakers have welcomed the move to improve the level of electric vehicle technology certification offered by vocational training institutions in Australia. Although the companies all have their own in-house training programs, they recognize the importance of training qualified technicians to service, diagnose and repair battery electric vehicles (BEVs) andRead More →
Autocar has opened entries for its Great Women in the British Car Industry initiative, which will conclude with an awards ceremony on June 14. Managed by Autocar, in association with the Society of Motor Manufacturers and Traders, and judged by a panel of automotive experts, the initiative recognizes the topRead More →
Today’s shoppers want to buy from the brands and people they trust. Cox Automotive has worked extensively on lead quality and consumer buying signals. Here, to discuss how data can be leveraged to build customer relationships, is Robert Dimson, Senior Director of Customer Marketing for Cox Automotive. At a timeRead More →
BMWi4 Ssearch for electric vehicles (VE) jumped 110% to reach half a million in 2021. BMW received eight million additional consumer ad views last year. And more than 637 million online vehicle searches were made last year. These are just some of the trends emerging in recent years. AutoTrader AutomotiveRead More →
Today on Inside Automotive, we are pleased to welcome the #1 certified Honda and Acura dealer in the world, Brian Benstock, GM Partner and Vice President of Paragon Honda and Acura. He is joined alongside Chip Perry, former CEO of TrueCar, now President and CEO of A2Z Sync, a software,Read More →
Melvin Rogers, Sytner Group HR Director and CEO of Ben, Zara Ross Proposed by Alice Warner A leading car dealership in Leicester has continued its support for a car charity. The Sytner Group recently donated £100,000 to Ben Automotive Industry Charity to continue the invaluable work they do to helpRead More →
Car manufacturers and start-ups need talent more than ever to develop their electric ranges. They are looking for engineers who can demonstrate experience in the field. Here’s how to get hired in the hot EV industry, according to top recruiters. The labor shortage is currently affecting all kinds of industries,Read More →
There’s money in selling cars, but to make big profits, you need to do business right. Convincing people who have just bought a new car to buy another one is not an easy task. That’s why you need to focus on your business and build strong customer relationships by providingRead More →
Auto dealership ownership is at the forefront of change in the movement to Carbon Zero. The latest research from Automotive Property Consultancy (APC) explores how dealerships can lead the charge to achieve net zero total ownership. Net zero is the goal of negating the amount of greenhouse gases produced byRead More →
As auto dealers continue to grapple with the challenges of a prolonged shortage of new vehicle inventory and supply chain disruptions, many are now facing increasing pressure to find or better leverage new revenue streams. . One such solution is to speed up the trade-in reconditioning process, putting vehicles onRead More →
The automotive sector has spent 2021 under the shadow of the chip crisis, logistical bottlenecks and record increases in raw material costs, while industry representatives in Turkey say the main automakers program local auto this year will again supply chain management. Automotive Industry Association (OSD) Chief Haydar Yenigün, assessing theRead More →
There is a global chip shortage. Cars are more expensive, computer makers are struggling to keep up with consumer demand, and many products have been heavily delayed like the PlayStation 5 which is still unorderable a year after its launch. according to Yahoo Finance. How did this thing start? AutomakersRead More →
DUBLIN, January 13, 2022 /PRNewswire/ — The “Global Premium Interior Trim Market (by Surface Material and Region): Insights and Forecast with Potential Impact of COVID-19 (2021-2025)” report has been added to ResearchAndMarkets.comit is offer. The Global Premium Interior Trim Market is Expected to Record a Value of US$1.88 billion inRead More →
For the first time ever, U.S. passenger car sales unexpectedly increased in December 2021, despite the fact that sales often dip at the end of the year as buyers favor New Year’s purchases compared to the last month of the previous year.Data from PAMA (Pakistan Automobile Manufacturers Association) reveals startlingRead More →
Car manufacturing in the UK took off dramatically last year. The head of the industry’s trade body has described the situation as the ‘toughest in decades’, and the numbers are certainly support your claim. Latest car registration figures show 2021 has been up just 1% on a COVID-ravaged 2020 —Read More →
January 11, 2022 1641906107 Categories Market & Trends Studies & Figures © Ford As sustainability becomes a growing trend in the automotive industry, automakers are increasingly opting for vegan alternatives in car interiors and greener solutions for transportation. As consumer desire for sustainable materials drives demand, the most vegan carsRead More →
Auto retailers saw a 32% year-over-year (YOY) increase in online sales over the two-week Christmas and New Year period. According to new data from GForces, dealerships also saw an almost 50% increase in online car sales on Christmas Eve and Christmas Day and the number of cars sold on ChristmasRead More →
NEW YORK — Car dealerships are, in essence, giant lots staffed with people trained in the art of clearing those lots as quickly as possible and repeating the process over and over again. But 2021 has been a strange year for all of us, dealers included. Their batches emptied…then satRead More →
Liam Denning | Bloomberg Car dealerships are, in essence, giant lots manned by people trained in the art of clearing those lots as quickly as possible and repeating the process over and over again. But 2021 has been a strange year for all of us, dealers included. Their lots emptied…thenRead More →
AHMEDABAD: Supply chain problems in the automotive industry triggered by the global semiconductor shortage have failed to dampen buyer sentiment in Gujarat, with car sales growing steadily by 27% in 2021 compared to 2020. Driven by good demand and a growing preference for owning a vehicle for personal mobility followingRead More →
For a company that has emphasized it has no interest in building a car, Sony seems poised to become a carmaker. It headed to CES 2022 to unveil its second model, a seven-seat electric crossover called the Vision-S 02 designed to showcase a long list of technologies. Sony’s design languageRead More →
For a company that has emphasized it has no interest in building a car, Sony seems poised to become a carmaker. It headed to CES 2022 to unveil its second model, a seven-seat electric crossover called the Vision-S 02 designed to showcase a long list of technologies. Sony’s design languageRead More →
In the 1950s, Ford offered the Ford Nucleon concept car. Ford envisioned a future where cars would run on nuclear power using uranium, rather than gasoline or diesel, to create a nuclear fission process. It might sound weird at first, but nuclear submarines work exactly the same way – justRead More →
LANSING, Michigan – Car sales in Michigan are expected to remain well below what they were before the pandemic, and consumer prices are likely to remain high as dealerships face supply chain issues. “It really caused vehicle sales and production to drop dramatically. The past two years and again thisRead More →
As part of Egypt’s insistence on supporting and implementing its auto industry localization plan, Egypt’s Ministry of Military Production held talks December 16 with the Emirati M Glory Holding specialized in car manufacturing to discuss the manufacture of Egyptian-made cars. Egypt’s Minister of Military Production, Mohamed Ahmed Morsi, said inRead More →
Dutch car sales fell by more than 9% last year compared to 2020. The sector has been severely hampered by shortages of semiconductor chips, according to automotive industry organizations BOVAG and the RAI association . As a result, car manufacture fell and deliveries of new vehicles were delayed. A totalRead More →
The Indian auto industry has seen a host of leadership changes across various automakers. Here we have listed the top 5 leadership changes in the automotive industry that have taken place this year. The year 2021 has shown us a lot in the Indian auto industry – a slew ofRead More →
– 2022 should be a neutral year due to the rise of the Omicron variant – The industry is only expected to fully recover by 2023 The automotive industry has been significantly affected by the COVID-19 (Coronavirus) pandemic. Car sales had been bleak in 2020 due to lockdown restrictions inRead More →
NEW DELHI: Chip shortages continue to disrupt supplies to the automotive industry. Wholesale shipments to dealers fell 19% in November, as the semiconductor shortage continued to affect vehicle production and subsequent deliveries to dealerships, auto industry body Siam said on Friday. Vehicle shipments amounted to 2.15 lakh units last monthRead More →
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A worker at the Volkswagen assembly line in Wolfsburg, Germany, April 27, 2020. Swen Pfoertner/Pool via REUTERS Join now for FREE unlimited access to Reuters.com Register FRANKFURT, Dec 11 (Reuters) – Europe’s auto sector has become overly dependent on Asia and other regions for vital components such as semiconductors andRead More →
The year 2021 will remain as an inflection point in the automotive industry’s transition to electric vehicles. It was then that many highly anticipated models became reality. No longer being sketchy or sketchy prototypes, EVs have sprung up everywhere with everything from the Lucid Air to the Ford Mustang Mach-E,Read More →
Tuesday, November 30, 2021 2:04 PM UK car production in 2021 is the lowest since 1956. UK auto executives believe cars will be predominantly sold online by 2030, with electric vehicles (EVs) accounting for between 70-100% of new vehicle sales in Western Europe. Data from KPMG’s Automotive Executive Survey foundRead More →
Car sales in Europe hit a record high in October due to shortages of microchips, the European Automobile Manufacturers Association said in a statement on Thursday. New passenger car registrations in the European Union fell 30% in October, the group said. “With 665,001 units sold in the region, this isRead More →
Tesla is a big name in the automotive industry, and let’s be honest, not just their vehicles. Since the launch of its Roadster in 2008, Tesla has continued to grow and update its vehicles, services and more generally its business. To say they were successful is an understatement, as TeslaRead More →
Lafayette – The automotive industry continues to feel the effects of the covid-19 pandemic. First it was a shortage of new and rental cars; now used car prices are the last to be affected. Average used car prices have skyrocketed during the pandemic. Apart from continued global supply shortages, HubRead More →
Lafayette – The auto industry continues to feel the effects of the covid-19 pandemic. First, it was a shortage of new cars and rentals; now used car prices are the last to be affected. Average used car prices have skyrocketed during the pandemic. Outside of continued global supply shortages, HubRead More →
Lyna mohamed The local auto industry has been hit by the sudden drop in sales since the second wave of COVID-19. A local car dealership said the second wave caused sales to drop in August and September. Several sales advisers also shared the same sentiment, saying their sales started toRead More →
The business model of car sales is changing, with manufacturers embracing the direct-to-consumer selling trend (also known as the agency model) seen by a wide variety of industries as people seek to simplify the process. purchase. This is a radical change for vehicle manufacturers. It is also complicated to navigateRead More →
Even before the pandemic, 2020 was still going to be an uncertain year for the Canadian auto industry. The Big 3 automakers – General Motors, Ford and Chrysler (now known as Stellantis) – were to negotiate multi-year labor agreements with their major unions, after previous agreements with their workers expired.Read More →
“It is expected that the current magnesium stocks in Germany and respectively throughout Europe will be exhausted by the end of November 2021,” the letter states. Magnesium is used for a range of products, particularly aluminum alloys, which are used in several automotive parts, from gearboxes and steering columns toRead More →
Remember the Brit List of the most influential people in the auto industry and you might recall the discussions around the diversity and under-representation of certain demographics. Well, at the time, I promised Auto Express that I would take a closer look at this topic – which is why IRead More →
Originally published on Transport & Environment. (Also exists in German, Spanish, Polish, French, and Italian.) The European auto industry is using aggressive lobbying and making unsubstantiated allegations in an attempt to derail EU plans to cut pollution from road transport, campaign group Transport & Environment (T&E) revealed in a statementRead More →
Volvo Cars is committed to animal welfare as part of its journey to become a more sustainable automotive company, starting with its new C40 Recharge, an all-leather electric crossover coupé SUV. By 2030, Volvo aims to sell only electric cars made with leather-free interiors as part of its goal toRead More →
The connected car encompasses a wide range of technological fields such as home integration, vehicle management, entertainment, well-being, safety and autonomous driving. A connected car can share data with other devices because it has its own Internet access. For example, it could mean that a car could share data onRead More →
04:28 The car tokens are out of order. Automakers are lost. The pandemic has rewritten the rules for a multitude of industries. The automotive industry is no exception, especially as it rapidly moves towards smarter electric vehicles (EVs). In the past century, pain has never struck closer to home thanRead More →
Electric vehicles have encountered a serious obstacle on the way to widespread public use. Dominating recent self-driving vehicle news, US authorities have launched a formal investigation into Tesla’s autopilot system, rival Chinese manufacturer Nio suffered the fatal crash of one of its self-driving cars, and General Motors has extended itsRead More →
German technology and engineering group Bosch, which is the world’s largest auto parts supplier, says the automotive industry’s semiconductor supply chains are no longer fit for purpose amid global shortages of fleas raged. Bosch board member Harald Kroeger told CNBC’s Annette Weisbach in an exclusive interview Monday that supply chainsRead More →
the Pakistan Automobile Manufacturers Association (PAMA) revealed sales figures for the local automotive industry. In the outgoing fiscal year 2021 (FY21), the local auto industry grew by 62% on an annual basis (YoY) to 181,397 units from 111,965 units the previous year. The reason for the outstanding performance of theRead More →
For anyone who thinks cars are now all electric (or at least hybrid), I have news for you. Well, some statistics – to be more specific. Even though electric car sales are growing and growing rapidly, the fact is that they are not the best selling cars in the IrishRead More →
Exports accounted for 60% of vehicle production in South Africa last year. Since the formulation of the Automotive Industry Development Plan (MIDP) in the 1990s, the South African automotive manufacturing industry has moved from its apartheid-era protectionist model which saw it produce many different variants at low volume, to aRead More →
The boss of Seat, Spain’s only major automaker, has called on EU and national authorities to approve aid for a new €3-4 billion battery cell factory by summer, or risk the future of the country’s auto industry. Wayne Griffiths, chairman of the Volkswagen subsidiary, said firm commitments from Spain andRead More →
Bustling factories closed, workers idled at home, gleaming new vehicles parked in vacant lots. Now it’s business as usual. “In April, we were expecting a complete collapse of the auto sector,” Rory Carroll, Jalopnik’s editor, told ABC News. “It really hasn’t been. I’m very surprised at the demand for cars.”Read More →
The coronavirus, which started in Wuhan, China, has shut down factories. Car sales in China fell 92% in the first half of February. The impacts are felt around the world, as shortages affect production. As Chinese companies attempt to restart operations after the recent nationwide shutdown in an attempt toRead More →