TSLA354.080-22.285%
GM87.7600.54%
F14.6200.21%
RIVN15.740-0.17%
CYD37.430-0.24%
HMC32.670-0.37%
TM197.110-2.76%
CVNA74.5901.16%
PAG219.7700.15%
LAD386.8107.83%
AN212.3605.18%
GPI300.76016.43%
ABG217.2601.85%
SAH81.0001.58%
TSLA354.080-22.285%
GM87.7600.54%
F14.6200.21%
RIVN15.740-0.17%
CYD37.430-0.24%
HMC32.670-0.37%
TM197.110-2.76%
CVNA74.5901.16%
PAG219.7700.15%
LAD386.8107.83%
AN212.3605.18%
GPI300.76016.43%
ABG217.2601.85%
SAH81.0001.58%
TSLA354.080-22.285%
GM87.7600.54%
F14.6200.21%
RIVN15.740-0.17%
CYD37.430-0.24%
HMC32.670-0.37%
TM197.110-2.76%
CVNA74.5901.16%
PAG219.7700.15%
LAD386.8107.83%
AN212.3605.18%
GPI300.76016.43%
ABG217.2601.85%
SAH81.0001.58%


Daily Automotive News

The 2023 Kerrigan Dealer Survey has been released, and it appears that most auto dealers are remaining optimistic about the M&A market.

New survey: dealers mostly positive about valuations, profitability in 2024

- December 21, 2023
The 2023 Kerrigan Dealer Survey has been released, and it appears that most auto dealers are remaining positive about the buy/sell and M&A market for the coming year while others...
Given how life changed during and after lockdowns, the Hyundai and Amazon partnership is an indicator of where the industry is headed.

Opinion | Hyundai and Amazon: driving towards a digital future or just another pit stop?

- December 20, 2023
Well, we've expected this for some time: Hyundai and Amazon are doing a collab in 2024, and everyone from industry insiders to the average Amazon Prime member is talking. At...
Kevin Tynan joins Inside Automotive to share his predictions for the New Year and take a look back at the last 12 months of car sales.

The profit and inventory trends dealers will see in the New Year — Kevin Tynan | Bloomberg Intelligence

- December 19, 2023
After a tumultuous year, dealers are speculating over what the New Year has in store for the retail automotive sector. Will the industry continue to see pre-pandemic conditions return, or...
Hyundai and Amazon's new online car selling partnership: legal insights and dealer impact explored by attorney Len Bellavia.

Exploring the legality of Hyundai and Amazon’s new partnership with attorney Len Bellavia

- December 18, 2023
Starting next year, Hyundai dealers will be able to sell vehicles through the Amazon platform with other brands set to follow. Joining us on today's show to discuss this partnership...
Dealer association presidents share their thoughts concerning the Hyundai-Amazon partnership and the White House's electric vehicle push.

Dealer association presidents react to Hyundai-Amazon partnership and Biden EV push

- December 15, 2023
The last year has been one of the busiest for dealer associations as the industry grapples with a host of unprecedented events, some of which could permanently change the face...
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...
The Edmunds car buying experts predict that 15.7 million new cars will be sold in 2024 due to competing market pressures.

Edmunds experts predict 3 major industry disruptors for 2024

- December 14, 2023
Analysts from Edmunds predict that 15.7 million new cars will be sold in 2024 due to competing market pressures, which should keep new vehicle sales largely stable. The prediction, calculated...
The EV mandate, among other challenges, caught Lusk's attention as a significant initiative that substantially impacted the industry.

EV mandates, affordability concerns are challenging the auto industry – Cody Lusk | AIADA

- December 14, 2023
As we reflect on the year 2023, we recognize that dealers have been met with a myriad of challenges and successes along the way. Today, our spotlight is on international...
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...
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...


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