TSLA375.530-6.08%
GM78.9500%
F13.855-0.14%
RIVN14.640-0.25%
CYD45.980-3.27%
HMC25.7600.18%
TM167.7600.53%
CVNA67.9253.095%
PAG183.4406.73%
LAD305.3008.22%
AN194.8502.69%
GPI317.510-0.74%
ABG206.3306.88%
SAH83.6202.195%
TSLA375.530-6.08%
GM78.9500%
F13.855-0.14%
RIVN14.640-0.25%
CYD45.980-3.27%
HMC25.7600.18%
TM167.7600.53%
CVNA67.9253.095%
PAG183.4406.73%
LAD305.3008.22%
AN194.8502.69%
GPI317.510-0.74%
ABG206.3306.88%
SAH83.6202.195%
TSLA375.530-6.08%
GM78.9500%
F13.855-0.14%
RIVN14.640-0.25%
CYD45.980-3.27%
HMC25.7600.18%
TM167.7600.53%
CVNA67.9253.095%
PAG183.4406.73%
LAD305.3008.22%
AN194.8502.69%
GPI317.510-0.74%
ABG206.3306.88%
SAH83.6202.195%


About: Jaelyn Campbell

Carvana, a used vehicle reseller, announced its first-ever yearly profit on February 22. This was due to an agreement with bondholders.

Carvana reports first-ever annual profit, reduces debt by $1 billion

- February 23, 2024
Carvana, a used vehicle reseller, announced its first-ever yearly profit on February 22. This was due to an agreement with bondholders to reduce the company's outstanding debt by $1 billion,...
In a recent study by Recurrent, it suggests that range anxiety is not a significant problem for the average daily driver.

New study debunks range anxiety myth for EVs

- February 22, 2024
Since introducing electric vehicles (EVs) to the automotive sector, several consumers have lingered around the prevalent issue of range anxiety. Range anxiety refers to the fear that an electric car will...

Mercedes-Benz delays EV targets due to weaker demand

- February 22, 2024
Mercedes-Benz has recently admitted that the demand for battery-powered vehicles is not as strong as initially expected. Despite this, the company has assured investors that it will continue to enhance...
sales The NADA has declared several changes to its leadership team, including appointing an executive vice president for public policy.

NADA appoints new senior advocacy staff members

- February 21, 2024
The National Automobile Dealers Association (NADA) has declared several changes to its leadership team, including appointing an executive vice president for public policy. The first person to uphold the new...
Stellantis reported a decline in first-half net profit, attributed to reduced volumes, temporary production gaps, and lower market share

Stellantis CEO Tavares outlines plans for improvement in 2024

- February 21, 2024
On February 20, Stellantis CEO Carlos Tavares recently spoke to reporters about the company's performance and plans for improvement. He acknowledged areas where Stellantis could have done better in 2023...
According to a report, a financial advisor is assisting Thoma Bravo in assessing interest in J.D. Power as it considers selling the company.

Thoma Bravo considers selling J.D. Power in $8 Billion deal

- February 21, 2024
According to a February 20 Bloomberg News report, a financial advisor is assisting Thoma Bravo LLC in assessing interest in the consumer information firm J.D. Power as it considers selling...
Toyota chairman Akio Toyoda expects EV market share to reach a total of 30% "no matter how much progress BEVs make." Engine

Toyota faces legal action for falsifying engine emissions testing

- February 20, 2024
A Nikkei article reported on February 19 disclosed that Japan's transport ministry is preparing to take legal action against a Toyota Motor affiliate for falsifying engine emissions testing. This legal...
Barra guaranteed that the software would "exceed customers' expectations" and set GM apart from rival automakers after renovations.

GM issues second stop-to-sale order due to software issues, CEO acknowledges mistakes

- February 20, 2024
On February 19, General Motors (GM) put out a stop-sale order on all 2024 Chevrolet Colorado and GMC Canyon midsize trucks, following a December stop-sale order of 2024 Chevrolet Blazer...
Ed Roberts joins us to provide insights into the current dynamics of fixed ops in the automotive industry on today's Inside Automotive.

Defying industry challenges with innovative solutions – Ed Roberts | Bozard Ford Lincoln

- February 20, 2024
As customers hold onto their vehicles longer, there's a surge in cars entering the service lane. In this episode of Inside Automotive, we delve into the current challenges facing fixed...
According to vAuto Available Inventory data from Cox Automotive, unsold used car inventory closed higher in 2023 than it did in February. 

Unsold used car inventory increases, driven by higher sales and lower prices

- February 19, 2024
According to vAuto Available Inventory data from Cox Automotive, unsold used car inventory closed higher in 2023 than it did in February.  At the beginning of February, there were 2.33 million...