TSLA440.3606.77%
GM84.1204.33%
F15.8800.56%
RIVN14.7000.31%
CYD59.7100.67%
HMC26.8800.46%
TM190.1100.02%
CVNA73.0002.85%
PAG169.0102.42%
LAD292.6309.58%
AN194.9403.18%
GPI331.7002.07%
ABG193.9603.94%
SAH83.5804.89%
TSLA440.3606.77%
GM84.1204.33%
F15.8800.56%
RIVN14.7000.31%
CYD59.7100.67%
HMC26.8800.46%
TM190.1100.02%
CVNA73.0002.85%
PAG169.0102.42%
LAD292.6309.58%
AN194.9403.18%
GPI331.7002.07%
ABG193.9603.94%
SAH83.5804.89%
TSLA440.3606.77%
GM84.1204.33%
F15.8800.56%
RIVN14.7000.31%
CYD59.7100.67%
HMC26.8800.46%
TM190.1100.02%
CVNA73.0002.85%
PAG169.0102.42%
LAD292.6309.58%
AN194.9403.18%
GPI331.7002.07%
ABG193.9603.94%
SAH83.5804.89%


Articles

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 University launch

- May 3, 2024
Earlier this week: AutoNation and Penske Automotive reported first quarter earnings this week, revealing notable declines in profitability. The National Highway Traffic Safety Administration finalized a rule requiring automakers to...
New car prices have surged by over 30 percent in the past five years, pointing to a future that looks similar to the past.

Beyond Reach: How new car prices are leaving consumers behind

- May 2, 2024
What if you could predict the future? Imagine if that prediction wasn't based on some crystal ball but rather on a keen observation of the past, coupled with an awareness...
According to a recent report by Reuters, Tesla has abandoned its plan to advance gigacasting, a groundbreaking production process.

Tesla abandons ‘gigacasting’ production process amid cost-cutting measures

- May 2, 2024
According to a recent report by Reuters, the Austin-based EV manufacturer Tesla has abandoned its plan to advance gigacasting, a groundbreaking production process. This shift in strategy suggests that the...
Carvana posted record-breaking earnings for the first quarter in a dramatic recovery from early 2023, the result of aggressive restructuring.

Carvana posts record-breaking Q1 profits after aggressive restructuring

- May 2, 2024
Carvana posted record-breaking earnings for the first quarter in a dramatic recovery from early 2023, underlining the impact of an aggressive restructuring effort over the last two years. The company reported...
During a press conference on May 1st, the VP of Global Cadillac, John Roth, announced the company aims to offer a full range of EVs by 2030.

Cadillac VP aims to offer a full EV lineup by 2030 alongside gas cars 

- May 2, 2024
During a press conference on May 1st, the Vice President of Global Cadillac, John Roth, announced that while the company plans to continue selling gas-powered cars for some time, it...
The Federal Reserve left interest rates unchanged this week and expressed doubt that rate cuts would be implemented in the near future.

Federal Reserve leaves interest rates unchanged after worrying inflation trends

- May 2, 2024
The Federal Reserve left interest rates unchanged after its policy hearing on Wednesday, marking the central bank's sixth consecutive meeting without making any adjustments to its disinflationary strategy. Fed Chair Jerome Powell attributed...
In this article, we'll explain how to use QR codes as part of your dealership's marketing plan, to better get messages out to more people.

4 ways to incorporate QR codes into your dealership marketing strategy

- May 2, 2024
We are sure you've seen these little grids on posters or mail pieces. These are QR codes, and they are rather versatile and straightforward to use paths to websites and...
AI technologies shouldn’t be used as isolated systems. But instead, as an integral component of your fixed ops department’s overall approach.

Using AI to drive more fixed ops revenue

- May 2, 2024
The fixed ops department is the lifeblood of most dealerships. But this vital profit center continuously faces challenges from rising customer expectations, ever-changing vehicle technology, and competitive pressures. Exploring optimization...
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

- May 1, 2024
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 automotive sector for the future of...
Aftermarket service providers saws higher customer satisfaction scores in 2024, posing a challenge to dealer-operated service centers.

Aftermarket service shops see higher ratings in 2024

- May 1, 2024
Customer satisfaction with aftermarket service providers improved this year, intensifying the rivalry between franchised dealers and third-party repair and maintenance shops. After tracking a rating decline in 2023, J.D. Power reported...