Most read on VRT News

GM secures largest renewable energy contract to power three U.S. assembly plants. Read more

Ford introduces the 2025 Lincoln Navigator with 48-inch front display and spa-like “Sanctuary” mode. Read more

In July, there was a sharp increase in retail sales of used cars, up 27.6% from the previous month. Read more

Maryland will introduce an electric vehicle charger rebate program in fiscal year 2025 that will cover up to 50% of the cost. Read more

Selected interview

How retailers can create a better customer experience through employee-centered leadership – Blake Morgan
Companies are increasingly realizing that it’s not just the products or services they offer that matter, or how superior they are. Customer experience is more important now than ever. Keynote speaker, customer experience futurist and author Blake Morgan joins today’s episode of CBT Now to share insights on what companies need to know about today’s customers. Watch the full post Here.

Automotive Ventures invests $3.7 million in Chaiz to revolutionize vehicle protection
I am pleased to introduce Automotive Ventures’ latest investment. We have just invested in Chaiz, the first price comparison site where you can research, compare and purchase vehicle protection products 100% online. We were honored to participate in an oversubscribed $3.7 million seed round.. View the full article Here.

For dealers

Weekly roundup: New car prices fall for 10th straight month, UAW charges Trump and Musk, European automakers split on electric vehicles and hybrids
Earlier this week: In July, new car prices fell for the tenth consecutive month as buyers borrowed more money amid high loan interest rates. UAW files charges against Trump and Musk with NLRB for alleged worker intimidation. Europe’s automakers take different approaches to electric and hybrid vehicles. Auto loan availability falls for fourth straight month as lenders restrict credit. Texas attorney general sues GM over alleged unauthorized sale of dryer data. Trump mobilizes Muask supporters as Tesla CEO defends electric vehicles. Toyota shifts focus to pure hybrid lineup, calling into question industry’s all-electric future. Read more