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

Elon Musk announced his "full" endorsement of Donald Trump moments after the gunshot incident at a rally in Pennsylvania on Saturday.

Elon Musk fully endorses Trump after rally shooting incident

- July 15, 2024
Elon Musk announced his "full" endorsement of Donald Trump moments after the former president was rushed off stage by Secret Service members following gunshots at a rally in Pennsylvania on...
Hyundai Motor Company reported a more than 6% year-over-year decline in global vehicle sales, encompassing both Hyundai and Genesis brands.

Hyundai global sales decline over 6% in June as EV sales drop by double digits

- July 15, 2024
Hyundai Motor Company reported a more than 6% year-over-year decline in global vehicle sales for June, encompassing both Hyundai and Genesis brands. The month closed with 351,516 sales, leading to...
According to an analysis conducted by J.D. Power, EVs cost less to own than gas-powered cars over five years in nearly every U.S. state

EVs prove cheaper to own than gas cars over five years despite high initial costs

- July 15, 2024
Consumers worry about the high price of electric vehicles (EVs), but EVs cost less to own than similar gas-powered cars over five years in nearly every region of the U.S.,...
The agency model, if adopted, this model will significantly depart from the traditional dealership model we’ve known for decades. 

The future of the agency model in automotive sales: Planning for what’s ahead

- July 15, 2024
Henry Ford introduced the franchise dealer model in 1914, and it’s been a stable and secure part of our industry. However, recently, a buzzword gaining traction is “the agency model.” If adopted, this model...
Earlier this week: UAW pres. Shawn Fain revealed union demands, Toyota's global sales rose 5.1% in the first half of 2023, and more headlines to stay on top of this week in automotive industry news.

UAW President raises concerns over Biden’s re-election chances

- July 12, 2024
United Auto Workers (UAW) President Shawn Fain met with the union's executive board late Thursday to discuss his deep concerns regarding President Joe Biden's ability to defeat Donald Trump in...
In a letter sent to over 15,000 dealerships yesterday, CEO Brian MacDonald acknowledged the challenges posed by CDK's cyberattacks.

CDK Global CEO promises financial compensation after cyberattacks

- July 12, 2024
In a letter sent to over 15,000 dealerships yesterday, CEO Brian MacDonald acknowledged the challenges posed by CDK's cyberattacks and assured dealerships of forthcoming financial relief. The letter did not...
Consumer Reports tested around 50 EVs this year, but only 14 made the final cut. The BMW IX topped the list, and only one Tesla.

BMW iX tops Consumer Reports’ best EV list, only one Tesla makes the cut

- July 12, 2024
Consumer Reports tested around 50 electric vehicles (EVs) this year, evaluating their performance, range, comfort, and quality. Of these, only 14 made the final cut, with a notable presence of...
Ben Keating Keating Automotive Group, has been hit hard by Hurricane Beryl and CDK's cyberattacks.

Keating Automotive Group grapples with Hurricane Beryl’s aftermath and cyberattack disruptions

- July 12, 2024
The 2024 hurricane season has begun with Hurricane Beryl, which has already caused significant damage and fatalities in Texas, Grenada, Venezuela, and nearby areas. Beryl set records as the earliest...

Weekly roundup: Biden awards $1.1B for EV plant conversions, IBAT hits lithium milestone, Ohio joins supreme court emissions challenge

- July 12, 2024
Earlier this week: The Biden Administration awarded $1.1 billion in grants to GM and Stellantis for EV plant conversions. IBAT made a significant breakthrough in lithium with novel filtration technology....
The Biden administration has announced plans to award nearly $1.1 billion in grants to GM and Stellantis to convert existing EV plants.

Biden administration awards $1.1 Billion to GM and Stellantis for EV plant conversions

- July 11, 2024
The Biden administration has announced plans to award nearly $1.1 billion in grants to General Motors (GM) and Stellantis to convert existing plants for electric vehicle and component production. This...


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