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Auto Dealership Trends
Disciplined production, the ascendancy of electric vehicles (EVs), and the growing influence of online retailing are the major dealership trends identified by Cox Automotive. The industry will continue to be challenged by burgeoning vehicle inventories,…
FCC Adopts Regulations Requiring One-to-One Consent for Telemarketers, Closing a Common Lead Generation Loophole
The FCC recently adopted new laws requiring telemarketers to obtain consent to receive robocalls and robotexts one brand/seller at a time, rather than allowing a single instance of consent to apply to multiple brands. These…
FTC Announces New Rule Targeting Auto Purchase Scams, Including Bait-and-Switch Tactics and Hidden Junk Fees
The FTC has finalized the Combating Auto Retail Scams (CARS) Rule, which aims to protect consumers during the car purchase process by preventing common scams, including bait-and-switch tactics and hidden junk fees. According to FTC…
Nissan Aims for Full Electric Line Up in Europe by 2030
Nissan is significantly expanding their manufacturing capacity for electric vehicles through a $2.4 billion investment to add a gigafactory in the UK. The Japanese manufacturer plans to produce two additional EVs in their Sunderland facility…
Microchip Shortage Pressure Eases
As the end of 2023 approaches, final estimates for production schedules indicate that global automakers will have cut nearly 2.5 million throughout 2023 from their forecasts. However, this represents a 43% reduction in vehicles cut…