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

New vehicle supply rose 57% year-over-year over November and into December, with some automakers adjusting production rates in response.

New vehicle supply reaches two-year high in early December

- December 15, 2023
New vehicle supply has made a substantial recovery throughout 2023, culminating in December's initial inventory total of 2.56 million units, the highest levels seen since early 2021. That number represents a...
General Motors (GM) is set to lay off 1,300 workers in Michigan from early 2024 with additional layoffs occurring through March., economic

GM to layoff 1,300 workers in Michigan early next year

- December 15, 2023
Starting early next year, General Motors intends to lay off approximately 1,300 workers in Michigan due to ending production of specific vehicle models. On Dec. 14, the Detroit automaker filed a...
The NHTSA U.S. Office of Defect Investigation announced its plan to initiate a preliminary probe into over 450,000 Nissan vehicles. 

Nissan faces probe due to potential engine failures in over 450,000 vehicles

- December 15, 2023
On Dec. 15, the National Highway of Traffic Safety Administration's (NHTSA) U.S. Office of Defect Investigation (ODI) announced its plan to initiate a preliminary investigation into over 450,000 Nissan Rogue...
Jaguar Land Rover offered initial details of its upcoming Ranger Rover Electric scheduled for 2024 alongside a new promotional video.

Range Rover shares select details on upcoming electric model

- December 15, 2023
Jaguar Land Rover shared details and first images of the upcoming Range Rover Electric ahead of its scheduled release next year alongside a new promotional video earlier this week. The Range...

Should you trust AI with your digital ad dollars?

- December 15, 2023
Artificial intelligence has a variety of uses in the automotive industry. While many dealerships use artificial intelligence in the marketing and customer service capacity of writing content and offering assistance...
Automotive industry shifts and trends: New car prices fall, hybrid demand up, Asbury acquires Koons, EV sales grow, UAW actions.

Weekly roundup: New car prices fall, hybrid demand rises, Asbury acquisition, UAW labor disputes

- December 15, 2023
Earlier this week: New car prices saw a decline in November, with Tesla being the most affected. Hybrid vehicles are gaining momentum as manufacturers balance the shift to electric vehicles...
Robotaxi service and General Motors subsidiary Cruise dismissed nine leaders and laid off 900 employees as it grapples with safety inquiries.

Cruise fires 9 leaders, lays off 900 employees amidst safety probes

- December 14, 2023
This week, Robotaxi service and General Motors subsidiary Cruise let go of nine leading team members and revealed it would lay off an additional 900 employees as it faces investigations...
The 2026 Vistiq is expected to arrive at dealerships sometime in 2025. Information on features and pricing will be released next year.

Cadillac EV lineup now includes the 2026 Vistiq SUV

- December 14, 2023
Cadillac continued to expand its electric vehicle (EV) portfolio today with confirmation of the 2026 Vistiq. Slotted between the Lyriq and Escalade IQ, the Vistiq is a three-row SUV, and...
Since 2020, the share of new car dealers selling electric vehicles has risen from 16.5% to 55.1%, defying market headwinds and slow demand.

Number of new car dealers selling electric vehicles triples from 2020

- December 14, 2023
More than half of all car dealers are selling electric vehicles in 2023, according to automotive data platform iSeeCars. Since the onset of the COVID pandemic, the number of non-Tesla dealers...
Scout Motors has announced its plan to expand its footprint in the U.S. by building a new product design and engineering facility in Michigan

Scout Motors to create 200 jobs with new Michigan facility

- December 14, 2023
Volkswagen's electric subsidiary, Scout Motors, has announced its plan to expand its footprint in the U.S. by building a new $11 million product design and engineering facility in Novi, Michigan....


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