TSLA388.880-3.62%
GM79.535-1.005%
F12.865-0.005%
RIVN17.1960.2762%
CYD44.1700%
HMC25.055-0.305%
TM204.990-10.26%
CVNA402.6300.64%
PAG161.160-1.66%
LAD280.570-8.19%
AN205.705-3.825%
GPI342.255-8.955%
ABG207.610-5.1%
SAH69.920-1.86%
TSLA388.880-3.62%
GM79.535-1.005%
F12.865-0.005%
RIVN17.1960.2762%
CYD44.1700%
HMC25.055-0.305%
TM204.990-10.26%
CVNA402.6300.64%
PAG161.160-1.66%
LAD280.570-8.19%
AN205.705-3.825%
GPI342.255-8.955%
ABG207.610-5.1%
SAH69.920-1.86%
TSLA388.880-3.62%
GM79.535-1.005%
F12.865-0.005%
RIVN17.1960.2762%
CYD44.1700%
HMC25.055-0.305%
TM204.990-10.26%
CVNA402.6300.64%
PAG161.160-1.66%
LAD280.570-8.19%
AN205.705-3.825%
GPI342.255-8.955%
ABG207.610-5.1%
SAH69.920-1.86%

UAW threatens strike over Stellantis plant, GM cuts 1,000 jobs, Trump eyes ending EV tax credit

Top stories

UAW threatens national strike over Stellantis’ failure to meet Belvidere plant commitments.

GM lays off over 1,000 software and services division employees amid strategic streamlining. Read More

Trump considers ending EV tax credit, praises Musk for potential cabinet role, threatens tariffs on Mexican-made cars. Read More

Wholesale used vehicle prices rose 0.5% in early August. Read More

Featured Interview

Joining us on the recent episode of Inside Automotive to talk more about that is Jeff Dyke, the President of Sonic Automotive.Sonic Automotive surges 76% despite CDK outage; Jeff Dyke explains resilience strategies
Despite the estimated 1.02 billion dollar loss for dealerships due to the CDK Global outage, Sonic Automotive’s second-quarter net income is up 76% year-over-year. Joining us on the recent episode of Inside Automotive to talk more about that is Jeff Dyke, the President of Sonic Automotive. Watch the full segment here.

Suzuki explains the importance of value-based selling, offering actionable insights to help dealerships build long-term customer loyaltyLeveraging ChatGPT for enhanced sales and service – Jen Suzuki
In this episode of Loyalty-Based Sales Strategies, industry expert Jen Suzuki explores ChatGPT’s transformative potential for car dealerships. From streamlining service communications to crafting engaging sales messages, Jen explains how this AI tool can revolutionize dealerships’ interactions with customers. Whether you’re looking to enhance your marketing efforts or improve customer engagement, this episode offers valuable insights into harnessing AI to elevate your dealership’s operations. Watch the full segment here.

For Dealers

Maintaining steady sales and profits can be challenging with fluctuating consumer demands, high vehicle prices, and low inventory. How dealerships can grow sales and profits by adopting resilient marketing strategies
In this competitive market, car dealerships face numerous challenges. Maintaining steady sales and profits can be challenging with fluctuating consumer demands, high vehicle prices, and low inventory. Read More

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FTC targets deceptive pricing, GM offers $40M to recruit product chief, Hyundai warns war will impact sales

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Top Stories  FTC urges dealers to report competitors for deceptive pricing practices. Read More GM offers up to $40 million pay package to recruit product chief Sterling Anderson. Read More Hyundai CEO says...

Record-low used inventory, Samsung SDI signs EV battery deal, Gas prices peaked but relief may take time

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Weekly roundup: Tariff refunds open, Ford fights Chinese EVs, Southern union breakthrough impacts dealers

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 ICYMI: Spring optimism grows for dealers as challenges remain. Massive union breakthrough in the South signals ripple effects for dealers. Ford pushes to block Chinese EVs as it rolls out...

GM leans on global supply, VW ends U.S. EV output, March sales surge tightens inventory

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Top Stories  GM leans on global production to supply U.S. market amid cost pressures. Read More Volkswagen ends U.S. EV output, triggering $600 million financial hit. Read More March sales surge tightens inventory,...
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