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Stellantis executive departures have dealers concerned

Teslarati

Following the departure of four high-profile executives at Stellantis North America, some dealers are growing concerned about the company’s direction. Additionally, Jason Stoicevich left after just two months as the Vice President of the company’s U.S. “So it begs the question: What’s causing that? .

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CDK auto dealer software unlikely to be restored before June end, says memo – ET Auto

Baua Electric

In an interview CDK CEO Brian MacDonald said he was communicating with “many dealers, OEMs and partners directly.” The company, which reported the cyber attack last week, did not immediately respond to a Reuters request for a comment. auto dealers to switch back to manual paperwork. .”

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VinFast’s (VFS) global EV dealer network grows following new agreement in Middle East

Baua Electric

Following recent Q4 2023 results that relayed a miss on annual delivery targets, Vietnamese EV automaker VinFast continues to bolster its global presence with the help of distribution specialists. Today, VinFast and a local dealer network in the Middle East signed an agreement to bring the former’s EVs to the region.

Dealers 52
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VinFast signs first dealer agreement in the Middle East

Teslarati

VinFast signed its first dealer sales agreement with Bahwan Automobiles Trading LLC (BAT) in the Middle East. Under the agreement, VinFast electric vehicles (EVs) will be distributed in the Oman market through its official dealer, BAT. The post VinFast signs first dealer agreement in the Middle East appeared first on TESLARATI.

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CDK Global begins to restore systems after cyber hack – ET Auto

Baua Electric

The company, which provides software to car dealerships, briefly shut down all its systems on Wednesday, saying it was investigating a cyber incident. Retail technology and software provider CDK Global has begun working to restore systems used by about 15,000 auto retailers to conduct day-to-day business, Bloomberg News reported on Sunday.

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Vinfast adds US dealer franchises, as EV deliveries lag targets

Baua Electric

The first of the new dealerships is expected to open later this month, according to a Vinfast press release. The additions will give the company 18 franchised dealerships in seven states—North Carolina, New York, Texas, Florida, Kansas, Connecticut, and Kentucky—since the start of a pivot to a dealer model last year.

Dealers 52
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GM will offer U.S. Buick franchise dealers buyouts

Teslarati

General Motors said that it will offer all of its Buick franchise dealers in the U.S. Global Vice President of Buick and GMC, Duncan Aldred, told WSJ that shifting to EVs will require significant investments by Buick dealers. Buick franchise dealers buyouts appeared first on TESLARATI. DTC is happening.

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