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Used-vehicle inventory grows 4% as demand softens
On the Dash:
Used-vehicle inventory increased 4% month over month to 2.12 million units.
Average listing prices climbed to $26,918, the highest level since mid-2023.
Retail used-vehicle sales fell 3.9%...
Shawn Fain seeks reelection as UAW convention tackles major policy issues
On the Dash:
UAW delegates will debate higher strike pay, union dues, and investments in organizing.
President Shawn Fain remains the frontrunner despite criticism from a federal monitor and internal...
Rivian CEO RJ Scaringe backs humanoid robots as next frontier in manufacturing
On the Dash:
Rivian CEO RJ Scaringe expects humanoid robots to work alongside factory employees within the next few years.
Rivian-backed startup Mind Robotics has raised more than $1 billion...
Mexico’s auto output holds steady as U.S. trade pressure mounts
On the Dash:
Mexico's auto industry built 1.64 million vehicles through May, nearly flat with a year ago.
Exports rose 4% to 1.39 million units, with the U.S. taking 75%...
