Car Dealership Guy

Sedans and subcompact SUVs saw a big boost in annual sales growth during Q2… Plus, The U.S. vehicle charging network has nearly doubled since 2021 and why leasing now makes up over 35% of EV transactions. Today’s top 3 stories in automotive: 1. Car buyers are increasingly turning to smaller vehicles in 2024, a sudden reversal from pre-pandemic trends… https://lnkd.in/ggE-PK_G 2. Leasing accounted for more than a third of all EV transactions in the first quarter, nearly three times as much as a year ago… https://lnkd.in/gHxzzyB6 3. In the race for EV charging dominance, several companies lead the pack in bolstering infrastructure. There are now more than 183,000 publicly available charging ports across nearly 50,000 stations… https://lnkd.in/gdJTCiYW Read today’s automotive news, brought to you by Experian Automotive: https://lnkd.in/gM7j2X9r

And just like that, thousands of speculators were put to rest:

Ford and Tesla lead the pack with the most vehicles affected by recalls so far this year (note: Tesla's recalls are mostly over-the-air)… Plus, Japanese car brands continued to see U.S. sales growth in Q2 and Fisker looks to sell off inventory for $14,000 per car. Today’s top 3 stories in automotive: 1. The number of recalls has been on the rise over the past few years but a decrease in affected vehicles last quarter suggests automakers could finally be catching problems earlier… https://lnkd.in/gjKHazGr 2. Japanese automakers saw a stronger rate of growth than the likes of Ford and GM this past quarter… https://lnkd.in/gnqPC4YK 3. The now-defunct EV brand’s entire inventory of 3,231 Fisker Ocean SUVs would be sold for a rough total of $46.25 million… https://lnkd.in/giquRMWH Read today’s automotive news, brought to you by Stream Companies: https://lnkd.in/gEsqba9Y

Don’t miss this one with Aaron J. Zeigler !

Major dealership buy/sell deals show why the Southeast is a hotbed for M&A activity… Plus, Ford remains America's no. 1 truck seller and a possible SCOTUS case could upend emission targets. Today’s top 3 stories in automotive: 1. Let’s take a closer look at 5 recent M&A deals to get a pulse on what brands saw meaningful movement in May and June… https://lnkd.in/gkcQBUKa 2. Year-over-year sales of Ford’s EV and hybrid models jumped about 61% and 56%, respectively… https://lnkd.in/gHKRzxQF 3. Supreme Court weighs case that challenges California's tough emission rules and could derail EV goals… https://lnkd.in/gu4kTTxr Read today’s automotive news, brought to you by Stream Companies: https://lnkd.in/gjBB2d-K

The Dealership Mogul: Leading a $2B Dealer Group: • How anyone can run a $100m business • Addictions to the dealership business • Will November make or break the car biz? My conversation with Aaron J. Zeigler, President of Zeigler Automotive Group Group is now live! Stream it now – Apple Podcasts: https://lnkd.in/gW-eyGvN Spotify: https://lnkd.in/gZxpWzMn YouTube: https://lnkd.in/giV7SEzw

Grateful for this country. We have it so good. Let’s not forget that. God bless America! 🇺🇸

It’s no secret - Stellantis has been struggling. So I asked one of the top Stellantis dealers how the automaker can turn the brand around. Aaron J. Zeigler, President of Zeigler Automotive Group, lays out the path forward:

Top vehicles sold over the 4th of July weekend, 2023, as compiled by Fullpath : 1. Ford F-150 2. Ram 1500 3. Toyota Camry 4. Jeep Grand Cherokee 5. Chevy Silverado 1500 But here’s my bet: this year will look *very* different. Here’s why… Large pickup truck sales have been on a consistent decline, driven by historically high prices. I expect to see more small pickups (Maverick, etc) and compact SUVs in this year's lineup. Data from CDG Partner: Fullpath – You can learn more about Fullpath : bit.ly/3UwCmwj #fullpathpartner

Car buyers are still feeling the pinch when it comes to financing, according to Edmunds… Plus, How Tesla’s Q2 deliveries compare year-over-year and GM’s victory lap after a surprisingly strong quarter. Today’s top 3 stories in automotive: 1. Why rising inventory and incentives may not be enough to get sideline buyers off the bench… https://lnkd.in/gNS5P3Zx 2. While Tesla did outperform the last quarter, it failed to reverse the annual decline in demand as competitors gained EV market share… https://lnkd.in/g72AHzy8 3. General Motors posted its best quarterly sales numbers since late 2020. But the automaker is struggling in one key area… https://lnkd.in/gtDWjK3h Read today’s automotive news, brought to you by Stream Companies: https://lnkd.in/g3pGimGH