Vehicle sales surge as consumer confidence hits new heights
According to new data from Cox Automotive, the U.S. auto market is closing 2024 on a strong note. November sales maintained a seasonally adjusted annual rate (SAAR) of 16 million...
TSLA385.190-13.31%
GM92.4304.09%
F12.6700.36%
RIVN14.0600.77%
CYD21.510-0.68%
HMC35.2201.23%
TM199.4606.46%
CVNA77.5506.27%
PAG212.3000.09%
LAD315.64016.87%
AN183.4704.96%
GPI272.8107.8%
ABG208.88011.11%
SAH64.0503.37%
TSLA385.190-13.31%
GM92.4304.09%
F12.6700.36%
RIVN14.0600.77%
CYD21.510-0.68%
HMC35.2201.23%
TM199.4606.46%
CVNA77.5506.27%
PAG212.3000.09%
LAD315.64016.87%
AN183.4704.96%
GPI272.8107.8%
ABG208.88011.11%
SAH64.0503.37%
TSLA385.190-13.31%
GM92.4304.09%
F12.6700.36%
RIVN14.0600.77%
CYD21.510-0.68%
HMC35.2201.23%
TM199.4606.46%
CVNA77.5506.27%
PAG212.3000.09%
LAD315.64016.87%
AN183.4704.96%
GPI272.8107.8%
ABG208.88011.11%
SAH64.0503.37%
Headlines
Retail auto M&A rises in Q3 amid lower profit margins
Retail auto mergers and acquisitions (M&A) are picking up steam in 2024, even as dealership profitability normalizes from pandemic-era highs. According to Haig Partners, Q3 saw 92 rooftops change hands,...
Trump’s energy agenda puts fossil fuels back at the center
President-elect Donald Trump is preparing a broad energy package to bolster U.S. oil and gas production while rolling back key climate-focused policies from the Biden administration. The plan, which will...
SUV market share hits record despite affordability crisis
SUVs continue to dominate the U.S. auto market, capturing 58% of all vehicle transactions between January and October 2024—a record high, according to Edmunds.
Meanwhile, the share of smaller cars...
GM and Ford brace for impact of Trump’s 25% import tariffs
President-elect Donald Trump's proposal to impose a 25% tariff on imports from Mexico and Canada has sparked concern across the U.S. automotive industry. The policy could significantly impact automakers like...
Slowing EV sales prompt Porsche to delay electric push
Porsche is undergoing a significant strategic shift by reintroducing combustion engines and hybrid models into its vehicle lineup. This decision marks a notable departure from its previous commitment to having...
Rivian lands $6.6 billion loan for Georgia EV plant
Rivian, the California-based electric vehicle (EV) startup, has received a major boost in its push to ramp up production with a $6.6 billion loan from the U.S. Department of Energy....
November new-vehicle sales hold steady as incentives rise
According to new data from Cox Automotive, the market has shown signs of resilience as new-vehicle sales for November are expected to maintain a seasonally adjusted annual rate (SAAR) of...
Newsom and Trump clash over EV policy, Tesla left in the crossfire
California Governor Gavin Newsom is preparing for a showdown with President-elect Donald Trump over the future of the $7,500 federal electric vehicle (EV) subsidy. If the subsidy is repealed, Newsom...
Nissan slashes U.S. production by 17% amid slumping sales
Things aren't looking up for Nissan as they continue to slash U.S. production by 17% for the 2024 fiscal year. The automaker aims to reduce output from over 605,000 vehicles...
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