TSLA360.590-20.67001%
GM72.540-2.5%
F11.590-0.09%
RIVN15.4000.46%
CYD39.410-0.08%
HMC24.150-0.16%
TM207.010-2.66%
CVNA313.5481.45799%
PAG149.3400.18%
LAD251.8201%
AN197.680-0.29%
GPI329.450-1.34%
ABG194.7600.73%
SAH64.870-0.38%
TSLA360.590-20.67001%
GM72.540-2.5%
F11.590-0.09%
RIVN15.4000.46%
CYD39.410-0.08%
HMC24.150-0.16%
TM207.010-2.66%
CVNA313.5481.45799%
PAG149.3400.18%
LAD251.8201%
AN197.680-0.29%
GPI329.450-1.34%
ABG194.7600.73%
SAH64.870-0.38%
TSLA360.590-20.67001%
GM72.540-2.5%
F11.590-0.09%
RIVN15.4000.46%
CYD39.410-0.08%
HMC24.150-0.16%
TM207.010-2.66%
CVNA313.5481.45799%
PAG149.3400.18%
LAD251.8201%
AN197.680-0.29%
GPI329.450-1.34%
ABG194.7600.73%
SAH64.870-0.38%


Articles

Federal Reserve rate cuts may entire buyers back into showrooms.

Fed’s interest rate cuts could revive buyer interest

- November 7, 2024
The Federal Reserve announced a 0.25% cut to its benchmark interest rates, bringing the target range to 4.5-4.75%. This marks the second interest rate cut this year, with the first...
Donald Trump’s 2024 presidential comeback sends ripples through the Republican and auto worlds, with implications for car dealers/union labors

Bernie Moreno’s win in Ohio paves the way for Trump’s labor policy changes

- November 7, 2024
Donald Trump’s 2024 presidential comeback is sending ripples through the political and automotive worlds, with major implications for car dealers, labor unions, and industry regulations. The Republican victory not only...
Donald Trump’s victory in the 2024 election has dealt a significant blow to UAW President’s efforts to rebuild the union’s political influence

UAW faces setback in Trump’s victory, undermining efforts to rebuild political influence

- November 7, 2024
Donald Trump’s victory in the 2024 election has dealt a significant blow to UAW President Shawn Fain’s efforts to rebuild the union’s political influence. Despite an aggressive campaign to support...
Stellantis has announced it will cut one production shift and lay off approximately 1,100 workers at its Toledo South Assembly Plant in Ohio

Stellantis will lay off 1,100 workers at Ohio Jeep plant amid sales struggles

- November 7, 2024
Stellantis has announced it will cut one production shift and lay off approximately 1,100 workers at its Toledo South Assembly Plant in Ohio. This decision aims to align manufacturing output...
Elon Musk's $119 million investment in Trump could reshape the automotive industry's regulations

Musk’s $119 million support for Trump could reshape auto policy

- November 7, 2024
Elon Musk reportedly contributed a whopping $119 million to a pro-Trump group. Although he first publicly endorsed Donald Trump on July 13, his support for the candidate started long before. Musk's large contributions...

Nissan slashes 9,000 jobs and cuts 20% of global production capacity

- November 7, 2024
Nissan's decision to slash 9,000 jobs and cut 20% of global production capacity is a significant blow to its workforce. The automaker also lowered its sales projection for the second...
American automotive industry brace for a new Republican administration under President-elect Donald Trump and the policy changes to come.

Trump’s presidency brings mixed reactions across automotive industry as EV, tariffs, and policy future unfolds

- November 6, 2024
As the automotive industry braces for a new Republican administration under President-elect Donald Trump, stakeholders reflect on how this leadership shift may shape their operations, regulatory landscapes, and electric vehicle...
As EVs gain traction in the automotive market, dealerships are reporting robust parts and service revenue growth for the Q3.

EVs boost dealership profits: A new era for auto service

- November 6, 2024
As electric vehicles (EVs) gain traction in the automotive market, dealerships are experiencing a notable impact on their fixed operations revenue. EV repairs are proving more lucrative per repair order...
In a historic comeback, former President Donald Trump defeated Vice President Kamala Harris to secure another term in the White House

Trump’s White House return signals major shift in EV policy, trade, and economic direction

- November 6, 2024
In a historic political comeback, former President Donald Trump decisively defeated Vice President Kamala Harris to secure another term in the White House, returning to office for the first time...
GM has issued a new recall for 107 Chevrolet Bolt EVs, targeting the 2020 to 2022 model years due to a risk of battery-related fires.

GM recalls Chevrolet Bolt EVs over fire risk in latest battery-related issue

- November 6, 2024
General Motors (GM) has issued a new recall for 107 Chevrolet Bolt electric vehicles, targeting the 2020 to 2022 model years due to a risk of battery-related fires. This action...


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