TSLA420.6008.76%
GM77.080-0.26%
F13.910-0.11%
RIVN17.3500.54%
CYD47.4101.21%
HMC27.110-0.17%
TM168.420-2.94%
CVNA65.7902.07%
PAG178.950-1.11%
LAD290.490-0.87%
AN185.790-3.1%
GPI291.170-6.68%
ABG201.080-0.38%
SAH84.7900.12%
TSLA420.6008.76%
GM77.080-0.26%
F13.910-0.11%
RIVN17.3500.54%
CYD47.4101.21%
HMC27.110-0.17%
TM168.420-2.94%
CVNA65.7902.07%
PAG178.950-1.11%
LAD290.490-0.87%
AN185.790-3.1%
GPI291.170-6.68%
ABG201.080-0.38%
SAH84.7900.12%
TSLA420.6008.76%
GM77.080-0.26%
F13.910-0.11%
RIVN17.3500.54%
CYD47.4101.21%
HMC27.110-0.17%
TM168.420-2.94%
CVNA65.7902.07%
PAG178.950-1.11%
LAD290.490-0.87%
AN185.790-3.1%
GPI291.170-6.68%
ABG201.080-0.38%
SAH84.7900.12%


Daily Automotive News

Anderson Automotive Group expanded its presence in South Carolina with its purchase of several dealerships from MCE Automotive Group.

Anderson Automotive acquires 7 dealerships from MCE Automotive

- August 22, 2023
Anderson Automotive Group expanded its presence in South Carolina with its purchase of several dealerships from MCE Automotive Group. In its second acquisition for the year, the family-owned dealership group bought...
Under SB 233, all new electric cars sold in California by 2030 must come equipped with bidirectional charging for EV batteries.

Opinion | California’s power grid conundrum: are EV batteries the solution?

- August 22, 2023
California, known for its progressive environmental policies, is grappling with an electric grid crisis. Recent brownouts and electricity disruptions, reminiscent of those seen in developing nations, are a testament to...
M&A activity has remained strong over the past few weeks, with Group 1 Automotive and other dealer groups making notable buy/sell deals.

Group 1 offloads 4 dealerships, Lithia Motors sells last remaining North Dakota stores

- August 22, 2023
M&A activity has remained strong over the past few weeks, with Group 1 Automotive and other dealer groups making notable buy/sell deals throughout the U.S., which include the following transactions: Group...
EV credits have the ability to promote equity by making electric vehicles more affordable for lower-income individuals and communities.

EV credits – 
Are they worth it?

- August 21, 2023
“Cash back” always sounds like a good deal, right? You might even have bought one or two things in your life that you did not actually need because of a...
Bergstrom Automotive is set to acquire Broadway Automotive, a dealership group serving the Green Bay market in Wisconsin.

Bergstrom Automotive to acquire Broadway Automotive in Wisconsin

- August 17, 2023
Bergstrom Automotive is set to acquire Broadway Automotive, a dealership group serving the Green Bay market in Wisconsin. The new acquisition will give Bergstrom Automotive ownership of Broadway Chevrolet-Volkswagen, Broadway Ford-Hyundai-Genesis...
The declining brand loyalty statistics are more than numbers; they reflect profound shifts and challenges within the automotive industry.

Opinion | We need to address declining brand loyalty in the EV era

- August 17, 2023
The latest results from the 27th annual Automotive Loyalty Awards by S&P Global Mobility present a concerning trend for traditional automakers. Brand loyalty has steadily dropped, declining from 54.6% in 2019 to...
Beyond conventional electric cars, the future of EVs holds exciting possibilities.

The future of EVs: A glimpse into emerging technologies

- August 15, 2023
The automotive industry is in the long process of a groundbreaking transformation, with electric vehicles (EVs) being promoted as the forefront of the evolution. As we look ahead, governments marching in...
Zeigler joins Inside Automotive to discuss the purchase of Elhart Automotive by Zeigler Auto Group and the revival of dealership M&A.

Why dealers are returning to the M&A market after COVID — Aaron Zeigler | Zeigler Auto Group

- August 14, 2023
In July, Zeigler Auto Group acquired Elhart Automotive, which includes Elhart's Kia, Hyundai, Nissan and GMC dealerships. On this episode of Inside Automotive, host Jim Fitzpatrick is joined by Aaron...
Brian Maas joins Inside Automotive to provide updates on the CNCDA and the trends forming in California, America's largest car market.

Examining electric vehicle demand in America’s largest car market — Brian Maas | CNCDA

- August 12, 2023
The California New Car Dealers Association (CNCDA) recently published its 2023 California Auto Outlook report, shedding light on automotive industry trends and a surprising shift in electric vehicle demand throughout...
Minority-owned stores now total 1,476 stores scattered throughout the U.S., which is almost 9% of all franchised dealers.

The U.S. retail automotive industry added 110 minority-owned stores in 2022, NAMAD data shows

- August 11, 2023
According to the National Association of Minority Automobile Dealers (NAMAD), the automobile industry added an impressive 110 minority-owned stores in 2022. Minority-owned stores now total 1,476 stores scattered throughout the...


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