WardsAuto Dealer 5
 
WardsAuto Dealer 5
 

MARCH 1, 2023

Welcome to the Wednesday, March 1, 2023, 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 ensure you are in the know.

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1.

Nissan Ups Its EV Target, Plans Second U.S. Battery Plant

Nissan is increasing its target for electrified vehicles by 2030 and looking to site a new battery plant in the U.S.

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Tech Trends for Forward-Thinking Dealers in 2023
Advances in technology can also help you find efficiencies. Every year, a handful of innovations help to increase sales, improve the service experience for customers, and give your dealership a competitive edge.

2.

Boosting Profits by Polishing the F&I Product Presentation

Too few F&I managers properly present products for maximum customer acceptance. That’s a problem when you consider how much money is potentially left on the table.

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3.

Automotive Experts Call for Electrification Strategies

Electric-vehicle demand will soar when BEVs reach total cost-of-ownership parity with internal-combustion-engine vehicles, says Akshay Singh of the Pricewaterhouse Coopers consultancy.

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4.

Ukraine War Taking Toll on Russia’s Automotive Industry

Light-vehicle sales in Russia in 2022 totaled 687,370, down 58.8% from a year earlier, according to Wards Intelligence data. But the Association of European Businesses projects new-vehicle sales in 2023 will rise 12% as the market offers more Chinese brands.

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5.

Polish Tech Hub to Boost Volvo Cars’ Software Expertise

Volvo engineers in Krakow will join a global pool of talent working to develop software for key areas, from core safety technology to perception and driver assistance algorithms and software for autonomous driving.

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That’s our WardsAuto Dealer 5 for today. We’ll be back soon with more high fives.

As always, please feel free to pass this along to your colleagues and others who are interested in automotive insights. 

If you have questions, concerns or story ideas, please contact editor Nancy Dunham at NDunham@WardsAuto.com
Thanks for reading. We'll be back soon with more of the latest news.