The end of the Tesla Cybertruck follows a trend toward low sales and multibillion-dollar write-downs for an ill-fated category. Business Insider’s Ben Shimkus reports. +
Tesla CEO Elon Musk says the EV maker will return deposits to “a lot of people” who reserved a Cybertruck as production capacity gives way to the Cybercab. +
A new partnership adds Turn Automotive’s AI-powered appraisal and condition reports to DealNow’s dealer-facing private inventory acquisition platform. +
Volkswagen’s signature zero-down lease program is conspicuously absent from the factory’s list of end-of-year promotions available to U.S. dealers. +
Automotive News reports U.S. new vehicle sales improved for the second straight month, building on momentum gained in September and fueled by hybrids and EVs. +
Experts say a near-$4,000 gap between first and last list price proves dealers should treat unsold new vehicles less like products and more like investments. +
Tesla executives want to sell the steering wheel- and pedal-free Cybercab to individuals and fleets. The vehicle or federal safety standards would have to change first. +
Executives say DriveCentric dealers can use Data Axle to refresh outdated and fragmented records and uncover dormant sales and service opportunities. +
Overfuel dealers now have access to On.Page’s identification and reengagement tools, offering new opportunities to convert website visits into sales. +
Chris Hudson says he designed Mark Miller Subaru’s new AI agent to help shoppers browse vehicles and get information without being pressured to purchase. +
