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

A new electric vehicle credit transfer process has resulted in the distribution of $135 million to car dealers since the start of the year.

Treasury says new electric vehicle credit process seeing early success

- February 14, 2024
The U.S. Department of Treasury has distributed $135 million in electric vehicle credit reimbursements to car dealers since the start of the year after implementing a process that allows consumers...
According to an analysis by Kelley Blue Book, the ATP for new vehicles in the United States decreased by 2.6% in January 2024.

New vehicle transaction prices drop, luxury brands offer significant discounts

- February 14, 2024
According to an analysis by Kelley Blue Book, a subsidiary of Cox Automotive, the average transaction price (ATP) for new vehicles in the United States decreased by 2.6% in January...
Sonic Automotive recorded impressive financial gains but struggled to maintain momentum across all divisions as profit margins shrank.

Sonic Automotive doubles annual profit as margins face pressure

- February 14, 2024
Sonic Automotive saw earnings and revenues rise over the course of 2023 even as profitability headwinds put downward pressure on margins, according to the company's quarterly and full-year earnings released...
Group 1 owns and operates 198 automotive dealerships, 262 franchises, and 43 collision centers in the United States and the United Kingdom.

Group 1 Automotive supercharges Mid-Atlantic footprint with latest acquisition

- February 14, 2024
Group 1 Automotive, one of the nation's largest auto retailing groups, announced today that it is expanding its U.S. portfolio in the greater Baltimore/Washington D.C. area, according to a press...
New vehicle prices remain inflated but has inched closer to MSRP values since last January thanks to stable demand and rising supply.

Vehicle prices dip to 7.2% over MSRP as supply improves

- February 13, 2024
New vehicle prices remain higher than normal, averaging 7.2% above MSRP in January 2024, but price growth has started to cool in the face of improved supply levels and unstable...
Chrysler unveiled the Halcyon Concept, a fully electric vehicle that embraces sustainability-driven exterior and interior design, full autonomy, personalized driving experiences, and futuristic technology.

Chrysler takes futuristic leap with Halcyon concept

- February 13, 2024
On February 13, Chrysler unveiled the Halcyon Concept, a fully electric vehicle that embraces sustainability-driven exterior and interior design, full autonomy, personalized driving experiences, and futuristic technology. The concept vehicle...
Stellantis will adopt Tesla's NACS in future EVs but has yet to clarify whether drivers will have access to the Supercharger network.

Stellantis adopts NACS, skips deal with Tesla for Supercharger access

- February 13, 2024
Stellantis has confirmed it will adopt the North American Charging Standard (NACS), making it the last major automaker to adopt the Tesla-developed electric vehicle plug. NACS connectors are used in Superchargers,...
AutoNation reported a modest increase in Q4 revenue to $6.8 billion and maintained consistent full-year revenue at $26.9 billion.

AutoNation delivers solid Q4 amidst market challenges

- February 13, 2024
AutoNation, the second-largest car dealer in the United States, released its earnings on February 13, which included information about the company's financial results for the fourth quarter and full year...

J.D. Power study shows EVs face more wear and tear than ICE counterparts

- February 13, 2024
A recent J.D. Power study has highlighted a growing issue in the auto industry. Vehicles are becoming less reliable after three years of ownership. The 2024 U.S. Vehicle Dependability Study reveals...
Today, we explore why relying solely on the owner's manual for preventative maintenance guidance might not ensure the longevity of your car.

Beyond the manual: why additional preventative maintenance is key for longevity despite OEM recommendations

- February 13, 2024
If you google the average age of a car on the road in America today you will find it's an astounding 12.5 years and growing! I am in dealerships every...


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