Auto News
Navigating the Gears of Success
The automotive industry, long dominated by men, is undergoing a significant transformation. As diversity and inclusion become central to business strategies, the landscape is shifting to harness the strengths of female and diverse professionals. This evolution isn’t just a matter of social progress; it’s a business imperative. In this article, we’ll explore actionable strategies and…
EV Credits Can Be Had Post-Deadline
EV sales spiked more this year once the new administration made clear tax credits were on the chopping block. Pexels/Kindel Media Consumers in the market for an electric vehicle with the help of a tax break are running out of time. The federal tax credit of up to $7,500 for new EVs expires Oct. 1.…
Thousands of Jeeps Recalled
Problem software entered production in July 2021 and was removed from production late last month. Chrysler recalled nearly 92,000 hybrid SUVs over the potential for drive power loss. An estimated 1% of the 2022 to 2026 Jeep Grand Cherokees have a software error in their hybrid control processors. The issue can cause a battery pack…
Many Kids Unrestrained on the Road
AAA says 26% of passengers 0 to 3 who are killed in auto crashes are unrestrained. Pixabay/Pexels AAA research of five-year crash statistics found that child car safety and booster seat use drops almost 10% between ages 3 and 4, though the nonprofit says most children aren’t secure with a seat belt alone until 10…
Undone Recall Repairs Trimmed
Carfax also noted a surge in do-not-drive recalls over the past year, up 65% to 725,000. Pexels/jae p The number of U.S. vehicles with outstanding recall repairs has fallen over the past year, according to data compiled by Carfax, which credits an awareness campaign it’s conducted with automakers. The approximately four million-vehicle drop, or 7%,…
In F&I, Innovation Is Overrated
Ingenuity is a valuable tool in the F&I office. Pexels/Polina Tankilevitch I was recently asked to share any recent innovations that I was aware of in F&I, an interesting question that got me thinking. A simple definition of innovation could be creating something new and unique. Which begs the question: What is completely new and…
Protect the Payment
The budget-based close is about showing customers how unprotected ownership can destroy a budget. Pexels/Kaboompics.com Today in F&I, one truth is becoming increasingly clear: The payment matters more than ever. We’re operating in a market where inflation has reshaped the financial realities of our customers. From rising interest rates to skyrocketing repair costs, consumers are…
Car Buying Gets Better Grades
The study found auto dealers can improve on convenience, personalization and stress reduction, especially for the youngest buyers and for used-vehicle consumers. Pixabay/Anrita 1705 A study Cox Automotive conducted last year found both progress and room for improvement in the car-buying process. The poll of about 750 new-vehicle buyers and 350 used-vehicle buyers who purchased…
Ford Recalls Hundreds of Thousands
The instrument panel software in question was introduced into production last summer and was removed from production in late July. More than 350,000 Ford pickups have been recalled to fix a software problem that can cause instrument panel display failure. The Detroit-area automaker said the entire recalled population of trucks has the problem and require…