Articles

  • 6 days ago | autoremarketing.com | Alysha Webb

    After reporting strong first quarter results, used-car retailer Carvana set a goal of selling 3 million units with significant profit within five to 10 years. It is well on its way to achieving its “mission” of changing the way people buy cars, Carvana chairman, president and CEO Ernie Garcia said during the earnings call.

  • 1 week ago | wardsauto.com | Alysha Webb

    Dealers are facing unprecedented uncertainty regarding tariffs and their impact on the retail auto sector. Rather than waiting for the ax to fall before reacting to the next development, dealers should have a plan in place to clearly communicate with consumers about the rapidly changing retail auto environment. A plan can allow them to turn the chaos to their advantage, says Alexi Venneri, co-founder and CEO of DAS Technology, a software-as-a-service consumer engagement company.

  • 1 week ago | wardsauto.com | Alysha Webb

    Dealers shouldn’t become too encouraged by the small bits of good news on the retail auto front – including a tiny reprieve from onerous import tariffs and strong March and April retail sales. Cox Automotive Chief Economist Jonathan Smoke and the company’s chief analyst Erin Keating tell attendees at an Automotive Press Assn. webinar that they predict slow demand and affordability issues will soon follow the unstable markets and recent tariffs. “Uncertainty persists,” Smoke says.

  • 2 weeks ago | wardsauto.com | Alysha Webb

    The Volkswagen ID.4 electric vehicle is more American than the Jeep Gladiator SUV, and it’s a lot more American than the Ram 1500 Classic pickup, according to the 2024 Cars.com American-Made Index. Volkswagen proudly touts how American it is, Aaron Pardue, general manager at Joseph Volkswagen of Cincinnati, tells WardsAuto. “The ID.4 is made in Chattanooga (TN),” he says. “In fact, 40% our lineup is made domestically.

  • 2 weeks ago | autoremarketing.com | Alysha Webb

    As the retail auto world braces itself for the impact of tariffs on new-car sales, AutoNation sees used-car sales as a potential cushion against that impact, but supply remains a challenge, its executives said on the auto retailer’s first quarter earnings call. Used is an area that is less impacted by tariffs, AutoNation CEO Mike Manley said, so it is an area of ...

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Alysha Webb
Alysha Webb @WeiAili
3 Jun 24

Though Tesla has pulled back from Supercharger expansion, other companies are stepping up to take advantage of demand for NACS/J3400 stations. https://t.co/pHrrxANPtt

Alysha Webb
Alysha Webb @WeiAili
29 May 24

Tariffs on Chinese EVs won’t keep them out of the U.S. and won’t make domestic automakers more competitive. Partnerships are better. https://t.co/J0h12mCjml

Alysha Webb
Alysha Webb @WeiAili
26 May 24

Blink Charging is winning at EV charging currently. It focuses on L2 but needs to expand DCFC capabilities and reliability to boost consumer trust. https://t.co/MihZKlL0AF