TSLA391.830-4.85%
GM82.020-1.74%
F14.710-0.24%
RIVN15.527-0.2034%
CYD52.610-0.84%
HMC26.685-0.025%
TM175.310-0.47%
CVNA69.9100.3%
PAG181.1800.98%
LAD308.1704.3%
AN195.0850.0851%
GPI333.5205.23%
ABG200.910-0.13%
SAH85.2550.435%
TSLA391.830-4.85%
GM82.020-1.74%
F14.710-0.24%
RIVN15.527-0.2034%
CYD52.610-0.84%
HMC26.685-0.025%
TM175.310-0.47%
CVNA69.9100.3%
PAG181.1800.98%
LAD308.1704.3%
AN195.0850.0851%
GPI333.5205.23%
ABG200.910-0.13%
SAH85.2550.435%
TSLA391.830-4.85%
GM82.020-1.74%
F14.710-0.24%
RIVN15.527-0.2034%
CYD52.610-0.84%
HMC26.685-0.025%
TM175.310-0.47%
CVNA69.9100.3%
PAG181.1800.98%
LAD308.1704.3%
AN195.0850.0851%
GPI333.5205.23%
ABG200.910-0.13%
SAH85.2550.435%

Headlines

Nissan appointed Ivan Espinosa as its new CEO, selecting the 20-year company veteran to lead a turnaround for the troubled automaker.

Nissan appoints Ivan Espinosa as new CEO amid industry upheaval

- March 11, 2025
Nissan has appointed Ivan Espinosa as its new chief executive, selecting the 20-year company veteran to lead a turnaround for the troubled automaker. Espinosa, currently Nissan’s chief planning officer, will...
GM renews its push for a banking license, hoping for regulatory approval to expand its financial services and lower funding costs.

GM resubmits industrial bank application amid regulatory concerns

- March 11, 2025
General Motors (GM) has once again applied to establish an industrial bank, resubmitting its application with the Federal Deposit Insurance Corp. (FDIC) in late January. The automaker's previous attempts failed,...
Cox Automotive's February Dealertrack Credit Availability Index revealed improvement in auto credit access.

Auto credit access improves in February, reaching highest level since 2022

- March 11, 2025
In February 2025, the Dealertrack Credit Availability Index revealed an overall improvement in auto credit access, with gains across most lending channels. While new-vehicle loans saw slight tightening, used-vehicle financing—particularly...
President Trump has announced a temporary suspension of new tariffs on Canadian and Mexican goods covered under USMCA.

U.S. reevaluates USMCA tariffs as Mexico gets temporary relief

- March 11, 2025
President Trump has announced a temporary suspension of new tariffs on Canadian and Mexican goods covered under the U.S.-Mexico-Canada Agreement (USMCA). The pause, effective until April 2, affects about 50% of Mexican...
U.S. new-car dealerships rose in 2024, while franchises declined. Higher sales boosted throughput, with domestic brands consolidating.

U.S. new-car dealerships increase in 2024, while franchises decline

- March 10, 2025
The number of new-car dealerships in the U.S. increased by nearly 1% in 2024, reaching a total of 18,311 as of January 1, according to the 2025 Automotive News Dealer...
Tesla's stock plunges for a seventh consecutive week amid EV sales declines, Musk's political ties, and public backlash.

Tesla’s stock continues to dip sparking investor concerns

- March 10, 2025
Tesla has lost almost all of its post-election gains as shares decline for the seventh consecutive week, marking the longest downturn in its 15-year history as a public entity. Last...
Ford Philanthropy and Ford Dealers have announced a $4 million investment in their automotive technician scholarship program.

Ford expands auto technician scholarships with $4M investment amid shortage

- March 10, 2025
Ford Philanthropy and Ford Dealers have announced a $4 million investment in their automotive technician scholarship program, aiming to address the growing national shortage of skilled workers. The initiative will...
Toyota halts production after a fatal explosion at supplier plant, impacting RAV4 and Harrier output. Operations will be reassessed March 11.

Toyota extends production halt following fatal supplier incident

- March 10, 2025
Toyota has temporarily suspended production at multiple facilities following a fatal explosion at a key supplier’s plant in Aichi Prefecture, Japan. The March 6 blast at Chuo Spring's Fujioka plant...
According to the latest Cox Automotive MUVVI, wholesale used vehicle prices declined in February compared to January.

Manheim used vehicle value index drops in February as market sees mixed trends

- March 10, 2025
According to the latest Cox Automotive Manheim Used Vehicle Value Index (MUVVI), wholesale used vehicle prices declined in February compared to January on a mix, mileage, and seasonally adjusted basis....
The NADA sent a letter to Volkswagen Group CEO Oliver Blume and other executive board member, urging to reconsider Scout direct sales strategy

NADA requests VW to reevaluate Scout’s direct-to-consumer sales strategy

- March 7, 2025
The National Automobile Dealers Association (NADA) recently sent a letter to Volkswagen Group CEO Oliver Blume and other executive board members. In the letter, Stanton urges them to reconsider Scout...