Month: October 2021

Hertz Orders 100,000 Teslas Worth $4.2B

Hertz Orders 100,000 Teslas Worth $4.2B

On Monday October 25th, Hertz announced their intention to purchase 100,000 Teslas, worth an estimated $4.2B to electrify their rental car fleet. The company partnered with Tom Brady to announce the launch. As you may remember, Hertz nearly went bankrupt earlier in...

Automakers With the Most & Least Loyal Customers

Automakers With the Most & Least Loyal Customers

Which brands retain the most customers? When it comes to car buyers, loyalty is a fierce competition. BMW vs. Mercedes-Benz, Toyota vs. GM, the list goes on and on. Which automakers have the most and least loyal customers? Well, Experian has the answer. Their latest...

New Car Incentives Are Down 42% Year-over-Year

New Car Incentives Are Down 42% Year-over-Year

A few years ago, a typical car deal would include thousands of dollars of "incentives" to help a dealership seal the deal with a customer. Nowadays, new car incentives are few and far between. As the ongoing chip shortage (and new magnesium shortage) have hampered...

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