Hey everyone. CDG Recruiting has a dealership vendor client looking for an Area Sales Manager to join their team in Florida.
The ideal candidate will have experience selling aftermarket products to dealerships. This role presents massive growth and income potential for the right individual!
If you’re interested in this opportunity, email Steven or click here to inquire.
— CDG
1. Auto execs warn of industry 'breaking point'
The car industry is facing mounting challenges that could reshape its future, according to a new white paper from automotive industry leaders.
EV sales are lagging behind massive investments, markets in key regions like the U.S. and Europe have stalled, and the rise of high-tech vehicles is driving up costs.
Meanwhile, Chinese automakers are steadily gaining ground, and outdated engineering approaches are making it harder for traditional players to compete.
With so many hurdles, the industry faces a pivotal moment — one that demands fresh strategies and bold solutions to secure its long-term viability, say the executives … (Go deeper: 4 min. read)
2. Hybrid cars are the big winners this year
Hybrid vehicles are solidifying their place in the mainstream, hitting a record 10.8% of U.S. vehicle sales in Q3 and drawing interest from 21% of buyers for their next car.
The reason: Unlike EVs, hybrids sidestep concerns about charging infrastructure while offering better fuel economy than traditional gas-powered cars — and often at a lower price point than EVs.
And automakers are taking notice. Ford plans to quadruple hybrid sales by 2028, GM is reintroducing plug-in hybrids in North America, and Toyota is seeing double-digit hybrid sales growth.
While critics argue hybrids are don’t go far enough to address emissions concerns, they are proving to be a practical bridge for consumers and manufacturers navigating the transition to EVs … (Go deeper: 3 min. read)
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3. BYD faces fallout over “slavery-like” labor claims in Brazil
BYD, the Chinese EV giant, is under fire after Brazilian authorities accused a contractor, Jinjiang Group, of subjecting 163 workers to “slavery-like” conditions at a factory construction site in Bahia state.
Jinjiang denies the claims, blaming translation errors and insisting the accusations insult the dignity of its employees.
But BYD quickly cut ties with Jinjiang, emphasizing its commitment to ethical practices as it pursues aggressive global expansion, including new factories in Brazil, Turkey, and Mexico.
With Brazil as BYD’s largest overseas market, the company faces mounting pressure to resolve the allegations and protect its reputation … (Go deeper: 3 min. read)
Have a tip for our editorial team? Send us your scoop at [email protected].
Toyota Motor plans China plant to build Lexus EVs, report says
Like your Tesla rental? Want to keep it?’ Hertz is trying to unload its Tesla cars on renters.
Analysts: Honda-Nissan merger shows how China is pressuring auto industry.
Car shoppers take advantage of EV tax credit before Trump takes office.
Car industry consulted over how to phase out petrol and diesel cars by 2030.
Did you enjoy this edition of the daily roundup?
Thanks for reading everyone.
— CDG
