WardsAuto Dealer 5
 
WardsAuto Dealer 5
 

AUGUST 24, 2022

Welcome to the Wednesday, August 24, 2022 edition of WardsAuto Dealer 5. As always, there's plenty of news about the auto sector. We've gathered some of the most notable stories from WardsAuto to keep you in the know.

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1.

Hollis Talks Toyota's Slower Pace, Long-Term Vision

"We'll be ready when the market is ready," Toyota’s North American sales chief Jack Hollis says of engineering shifts.

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2.

Luxury Brands Outperform Mass Market in Consumer Study

Satisfaction with luxury nameplates increases 2.6% to 80 in the American Customer Satisfaction Index Automobile Study 2021-2022, while mass-market vehicles hold steady with a score of 77.

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3.

Honda, Sony Partnership to Drive Evolution of Mobility

Newly formed company Sony Honda Mobility aims to sell high-end electric vehicles with advanced technology starting in 2025 and provide mobility services.

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4.

Fill It Up!

Additional, functioning public charging stations needed to satisfy EV drivers.

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5.

Seventh-Gen Mustang to Debut at Detroit Auto Show

Various media reports say the seventh-generation Mustang will be the last gasoline-powered version of the sports car and a battery-electric model is planned for around 2028.

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Thanks for reading Dealer 5 from WardsAuto. As always, we appreciate your readership and hope you'll pass this newsletter on to your colleagues and others.

If you have questions, concerns or story ideas, please contact editor Nancy Dunham at NDunham@WardsAuto.com

Thanks again for reading. Watch for your next Dealer 5 soon.