Batter up! This week read why used car sales are expected to be a home run, but how operating costs are causing dealerships to strike out. Plus, how OEMs are using teamwork to bring autonomous driving into the mainstream.
FROM AUTOMOTIVE NEWS: Auto Dealers Losing Money on Operations, NADA Says
Average light-vehicle dealerships are operating at a loss for the first time in over a decade – a challenge profitable dealers address by partnering with OEMs for incentive money and using cost-effective advertising solutions.
FROM AUTO REMARKETING: Why Used-Car Sales Should Remain at Peak Levels in 2019
A team of factors such as differences in price and interest rates have experts predicting a steady 39.5 million used-car sales this year, whereas new car sales continue to drop for another consecutive year.
FROM COIN DESK: GM, BMW Back Blockchain Data Sharing for Self-Driving Cars
In an effort to bring self-driving cars to the mainstream, OEMs are turning to blockchain to mutually benefit from shared data while still protecting the specifics of their autonomous driving advancements.
FROM TECHCRUNCH: To Stop Copycats, Snapchat Shares Itself
The social photography technology giant is making a strategic decision to grow its business by collaborating with potential competitors, now encouraging other apps and businesses to feature integrations instead of offering imitations.