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Ford reported a 2.4% decline in overall sales during April as tax season drew to a close but set a new monthly record with its hybrid lineup.

Ford sales decline in April as hybrids display resilience

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Ford revealed a 2.4% decline in U.S. sales for April, attributing the drop to reduced demand for F-Series trucks, Broncos, and other SUVs. Despite...

Ford sales drop, Rivian to expand factory, Toyota launches hydrogen HQ

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Top Stories Ford sales decline in April on weaker pickup demand, hybrids accelerate. Read More Rivian gets new incentive package for Illinois factory expansion. Read More Toyota...
In this week's top automotive stories, AutoNation and Penske Automotive saw profits slide during the first quarter on weaker pricing.

Automotive weekly roundup: dealer group profits fall, emergency brake rule, Ford...

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Earlier this week: AutoNation and Penske Automotive reported first quarter earnings this week, revealing notable declines in profitability. The National Highway Traffic Safety Administration...
Ford University is a new platform aiming to boost knowledge proficiency amongst dealership sales teams through a high-tech education approach.

Ford University to boost employee engagement, fill knowledge gaps

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Ford's new training platform, Ford University, aims to leverage artificial intelligence and modernized education practices to boost dealership employee knowledge and prepare the retail...

Aftermarket service ratings rise, Ford University launch, UAW to vote on...

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Top Stories Customer satisfaction improves for aftermarket service providers. Read More New Ford education platform modernizes dealership training with AI, gamification. Read More Mercedes-Benz sees Q1 profits...
Roberts, director of industry insights and analytics at CarGurus, elaborates on their recent Q1 report   

CarGurus’ Q1 2024 report: rebounding inventory and demand pose affordability questions...

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According to the CarGurus' Q1 2024 Report, inventory and demand are rebounding, but where does that leave affordability? On today's episode of Inside Automotive, Kevin...
The NHTSA is conducting a preliminary investigation into Ford's BlueCruise hands-free driving system over two Mach-E crashes.

NHTSA opens initial investigation into Ford BlueCruise

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The National Highway Traffic Safety Administration (NHTSA) has launched a preliminary investigation into Ford's BlueCruise driver-assistance system amidst an apparent regulatory crackdown on such...
Ford saw Q1 revenue improve but struggled to maintain profitability as its ICE and electric divisions dragged down earnings.

Ford posts “solid” Q1 earnings despite weakening profits

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Ford posted stable earnings late Wednesday after sales rose 7% over the first quarter but struggled to maintain profitability as moderate price cuts and...

New vehicle sales drop, Ford posts Q1 earnings, Toyota breaks record

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Power Lunch How e-titling is changing the future of dealership F&I E-titling is a revolutionary new system that gives dealers control over the registration process while improving...
The International Energy Agency expects electric vehicle sales to rise sharply in 2024 with growth driven primarily by China.

Electric vehicle sales set to surge in 2024 despite affordability challenges

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Electric vehicle sales are projected to rise sharply in 2024 despite persistent challenges in some markets, according to the International Energy Agency (IEA). The group forecasts...