WardsAuto Dealer 5
 
WardsAuto Dealer 5
 

JULY 27, 2022

Welcome to WardsAuto Dealer 5 for Wednesday, July 27, 2022. As always, there is a lot of interesting news in the automotive world. We have rounded up some of the most compelling from WardsAuto and other sites to ensure you are in the know. Read on -- 

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1.

GM’s second-quarter net income decreases 39% from this time a year ago

Despite revenue growth of 4.7% in the second quarter, General Motors  on Tuesday announced a year-over-year decline in net income of almost 40% and stated that it anticipates better performance in the second half of the year.

 

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CBT Automotive News

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2.

ICE Running Hot as Dodge Three-Peats in J.D. Power APEAL Rankings

J.D. Power’s annual rankings put Dodge and Porsche on top and show that owners like gasoline-powered vehicles more than electrics. Dealer interaction can boost appeal, the company says.

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3.

Developing a Summer Used-Vehicle Marketing Strategy

It’s time to get creative and launch a summer marketing strategy to acquire quality used vehicles.

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4.

GM and Ford Seek Permission to Deploy Autonomous Vehicles

GM and Ford are asking U.S. auto safety regulators to grant exemptions to be able to deploy a limited number of self-driving vehicles without human controls like steering wheels and brake pedals.

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F&I Showroom

5.

High-Tech Textiles Finding Ways Into Automotive Interiors

Ferdinand Dudenhoeffer, a professor at Germany’s University of Duisburg-Essen, notes: “Volvo, Tesla, BMW, Audi and the likes are all turning away from leather seats, reflecting that the circular economy theme is becoming more prominent in their marketing concepts.”

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If you have questions, concerns or story ideas, we'd love to hear from you. Please contact editor Nancy Dunham at NDunham@WardsAuto.com

Thanks again for reading WardsAuto Dealer 5. We'll be back soon with more.