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Newsby StaffAugust 3, 2022

Uber Doubles Q2 Revenue

The company saw revenue more than double to $8.1 billion as customers continued to hail rides and order takeout food.

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Newsby StaffJune 23, 2022

Study Finds Gen-Z Car Shoppers Spend More Time Researching and Find Purchase Process More Difficult Than Older Generations

Gen Z shoppers report they experience more problems compared to Baby Boomers, including 45% of Gen Z frustrated with waiting on a salesperson and 52% with additional fees.

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Articlesby StaffJune 21, 2022

The Remote Evolution In F&I

F&I profits have consistently increased since my departure from “the box” — and it’s all happening in conjunction with my fuzzy slippers.

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Newsby StaffApril 21, 2022

LMP Automotive Holdings Receives Notification of Deficiency from Nasdaq

The Nasdaq notice has no immediate effect on the listing or trading of the Company’s common stock on the Nasdaq Capital Market.

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Newsby StaffApril 13, 2022

Auto Experts Weigh in on the Semiconductor Shortage

Experts suggest automakers focus their attention on the user experience and greater collaboration as they content with limited semiconductor chip supplies.

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Newsby StaffFebruary 16, 2022

LMP Automotive Holdings Announces its Board of Directors Approved an Immediate Pursuit of Strategic Alternatives

The Company intends to terminate all of its pending acquisitions in accordance with the terms of their respective acquisition agreements, primarily due to the inability to secure financial commitments and close within the timeframes set forth in such agreements.

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Newsby StaffFebruary 15, 2022

Blockade of Ambassador Bridge Costs Auto Industry Millions

Total losses add up to $300 million, with a $155 million hit to automakers and $145 million in lost direct wages.

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ArticlesDecember 21, 2021

8 Ways Small Dealers Can Compete With Big Franchises

The digitization of the auto retail and finance industry has helped level the playing field for dealers who are willing to invest in new tools — no matter your size or location.

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Newsby StaffDecember 15, 2021

NIADA Launches Dashboard

Association’s information hub provides news, analysis, educational content for dealers.

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Newsby StaffDecember 7, 2021

U.S. Sees Sharpest Rise in Independent Workforce in More Than 50 Years

MBO Partners latest data report shows record-breaking growth in number of independent workers from 38 million in 2020 to over 51 million in 2021.

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