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%

Headlines

Average new car prices declined in November to 98.3% of MSRP as incentives and discounts rose sharply from last year.

New car prices drop in November as incentives rise, Tesla hit hardest

- December 13, 2023
New car prices trended lower in November as the economy continued its post-pandemic balancing act, benefiting consumers but challenging dealer and automaker earnings. According to data from Cox Automotive's Kelley Blue...
The FTC has voted to pass the CARS rule, banning questionable fees and tactics in car sales but earning a harsh response from the NADA.

FTC and NADA clash over no-junk-fees CARS policy

- December 13, 2023
The Federal Trade Commission (FTC) has voted to implement a new rule banning anti-consumer tactics and unwarranted fees in car sales, prompting a swift and critical response from the National...
Utah Crimson Collective's NIL deal honors student-athletes with car leases, led by CEO Derek Mattsson and Utah 360°.

University of Utah student-athletes receive their choice of a new Jeep or Truck

- December 13, 2023
The Utah Crimson Collective and its streaming app, Utah 360°, have partnered up to honor the University of Utah's men's and women's basketball and gymnastics teams. In what may be...
Asbury completes $1.2 billion acquisition of Jim Koons dealership group.

Asbury completes $1.2 billion acquisition of Jim Koons dealership group

- December 12, 2023
Asbury Automotive Group has now fully acquired Jim Koons Automotive Companies, one of the largest privately-owned dealership groups in the U.S., for $1.2 billion. The sale brings 20 dealerships representing 29...
On Dec 11, the UAW Union filed unfair labor practice charges against Hyundai, Honda, and Volkswagen for interfering with organizing workers.

UAW files charges against Honda, Hyundai, and VW alleging unfair labor practices

- December 12, 2023
The United Auto Workers Union has filed unfair labor practice charges against Hyundai, Honda, and Volkswagen with the National Labor Relations Board. The charges accuse the automakers of unlawfully interfering...
Ford plans to cut F-150 Lightning production in half as the industry faces normalizing ICE sales and unexpectedly low EV demand.

Ford cuts F-150 Lightning production on slowing EV demand

- December 12, 2023
Ford plans to cut production of the F-150 Lightning electric pickup in response to lower-than-anticipated EV demand in the U.S. The Detroit automaker said it would reduce its annual production target...
Palmiero Toyota's Give Back Program set up an assembly line of kindness to distribute $65,125 to 48 local non-profits in Meadville, PA

Palmiero Toyota drives change by raising thousands for local nonprofits

- December 12, 2023
Palmiero Toyota, in Meadville, Pennslyvania, went the extra mile during its 14th annual Give Back Program by setting up an assembly line of kindness that distributed $65,125 to 48 local nonprofits. Every...
Auto loan access declined in November disrupting months of recovery, as lenders, consumers and dealers grappled with economic challenges.

Auto loan access hits speed bump in November after months of recovery

- December 11, 2023
Auto loan access declined in November after multiple months of improving conditions, according to Cox Automotive's Dealertrack Auto Credit Availability Index. After hitting a peak in the summer of 2022, auto...
Several car makers may produce hybrid vehicles to meet demand and comply with federal regulations on fuel economy and emissions.

Hybrid cars gain traction as automakers navigate EV transition

- December 11, 2023
Several car makers are more closely considering producing hybrid cars and trucks to meet consumers' growing demand and avoid incurring penalties from federal fuel economy and emissions regulations. Automakers are investing...
Ohio has become the first state to use funds awarded by the Biden Administration to build an electric vehicle charging station.

Ohio first state to open electric vehicle charging station with federal funds

- December 11, 2023
The first of the Biden Administration's government-funded electric vehicle charging stations has officially opened in Ohio following a two-year wait. The EV charging station opened last Friday, December 8, off I-70...
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