TSLA336.870-2.43%
GM83.710-0.66%
F13.945-0.1%
RIVN14.780-0.09%
CYD45.630-0.8%
HMC31.9500.05%
TM188.250-0.93%
CVNA65.000-5.09%
PAG216.210-1.74%
LAD356.550-12.97%
AN196.900-8.06%
GPI250.010-9.67%
ABG203.940-4.6%
SAH77.310-2.95%
TSLA336.870-2.43%
GM83.710-0.66%
F13.945-0.1%
RIVN14.780-0.09%
CYD45.630-0.8%
HMC31.9500.05%
TM188.250-0.93%
CVNA65.000-5.09%
PAG216.210-1.74%
LAD356.550-12.97%
AN196.900-8.06%
GPI250.010-9.67%
ABG203.940-4.6%
SAH77.310-2.95%
TSLA336.870-2.43%
GM83.710-0.66%
F13.945-0.1%
RIVN14.780-0.09%
CYD45.630-0.8%
HMC31.9500.05%
TM188.250-0.93%
CVNA65.000-5.09%
PAG216.210-1.74%
LAD356.550-12.97%
AN196.900-8.06%
GPI250.010-9.67%
ABG203.940-4.6%
SAH77.310-2.95%


Articles

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...
Toyota has invested in Ionna, a company committed to installing "at least 30,000 charging ports" across North America by 2030.

Toyota invests in Ionna to expand EV charging network across North America

- July 11, 2024
Toyota has joined forces with seven other automakers to invest in Ionna, a company committed to installing "at least 30,000 charging ports" across North America by 2030. This move aligns...
The NHTSA has issued a recall for certain models of the Lucid Air electric sedan manufactured between 2022 and 2024.

Lucid Air sedan faces a recall for safety issues

- July 11, 2024
The National Highway Traffic Safety Administration (NHTSA) has issued a recall for certain models of the Lucid Air electric sedan manufactured between 2022 and 2024 due to significant safety concerns....


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