TSLA360.48615.3558%
GM87.1901.04%
F14.2700.28%
RIVN16.7100.7%
CYD39.5000.79%
HMC33.3850.785%
TM197.4455.205%
CVNA70.495-1.025%
PAG218.1301.58%
LAD374.9704.3%
AN202.7302.64%
GPI265.7001.88001%
ABG215.8800.51%
SAH77.565-0.215%
TSLA360.48615.3558%
GM87.1901.04%
F14.2700.28%
RIVN16.7100.7%
CYD39.5000.79%
HMC33.3850.785%
TM197.4455.205%
CVNA70.495-1.025%
PAG218.1301.58%
LAD374.9704.3%
AN202.7302.64%
GPI265.7001.88001%
ABG215.8800.51%
SAH77.565-0.215%
TSLA360.48615.3558%
GM87.1901.04%
F14.2700.28%
RIVN16.7100.7%
CYD39.5000.79%
HMC33.3850.785%
TM197.4455.205%
CVNA70.495-1.025%
PAG218.1301.58%
LAD374.9704.3%
AN202.7302.64%
GPI265.7001.88001%
ABG215.8800.51%
SAH77.565-0.215%


Articles

Resolving OEM-dealer conflict: Is legislation the only solution?

- May 8, 2023
Although both sides of the automotive industry profit from the other's success, the goodwill between dealers and manufacturers is frequently marred by controversy. Much of the conflict between retailers and OEMs...
Carvana

Carvana beats expectations in Q1, narrows losses in bid for profitable future

- May 5, 2023
Used car retailer Carvana has released its first-quarter earnings report and revealed a quarterly loss of $1.51 per share, resulting in an earnings surprise of 19.5% over Wall Street forecasts.  Additionally, Carvana...
The year-over-year declines in wholesale used car prices indicate a return to pre-pandemic conditions rather than waning demand.

Wholesale used car prices decline 5% year-over-year in April

- May 5, 2023
Wholesale used car prices declined for the first time this year. According to April's latest Manheim Used Vehicle Value Index, prices decreased 3% from March and 4.4% from a year...
After a woman died inside her SUV in December, U.S. safety regulators are investigating possible electrical issues in older Dodge Journeys. 

NHTSA investigates electrical issues for older Dodge Journey models

- May 5, 2023
After a woman was trapped and died inside her Dodge Journey SUV in December, U.S. safety regulators began investigating possible electrical malfunctions to determine whether or not this was an...
Wall Street, U.S. economy

As U.S. economy slows, job growth beats expectations in April

- May 5, 2023
The Labor Department revealed that job growth performed better than anticipated in April despite banking turmoil and a slowing economy. According to the Bureau of Labor Statistics, nonfarm payrolls rose by...

Weekly roundup: Toyota commits to EVs, aftermarket service disappoints, Fisker’s EV battery swapping

- May 5, 2023
Earlier this week: EV maker Fisker announced its Ocean SUV will come equipped with swappable batteries in 2024, April U.S. auto sales improved year-over-year, customer satisfaction with aftermarket service providers...
Here are some simple strategies you can use to make leases in ’23 a deal to a home run

Strengthening the lease proposition in 2023

- May 5, 2023
Leasing a new car is a great option for many new car shoppers…lower monthly payments, being able to jump into a new car every few years, not dragging out a...
UAW won't endorse Biden without EV promises, call Trump re-election a "disaster"

UAW won’t endorse Biden without EV promises, calls Trump re-election a ‘disaster’

- May 4, 2023
The United Auto Workers (UAW) union is refusing to endorse President Biden's reelection campaign until his administration addresses concerns arising from the electrification of the auto industry. In a letter, newly-seated...
Federal Reserve raises interest rates, not sure on inflation

Federal Reserve raises interest rates, says economy is ‘closer’ to end of hikes

- May 4, 2023
Although May 3 saw interest rates rise for the tenth time since March 2022, the Federal Reserve has seemingly adopted a new stance on inflation. The Federal Funds Rate now sits...
April U.S. auto sales Honda, Acura

Honda, Acura maintain strong sales momentum in April

- May 4, 2023
More robust new and used car inventories have contributed to American Honda's double-digit sales growth in April to reach 116,00 units.  Here are the Brand’s numbers:  Honda topped 102,000 units...


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