TSLA404.110-5.88%
GM72.630-0.47%
F13.0600.03%
RIVN12.900-0.45%
CYD50.420-0.02%
HMC25.3200.11%
TM185.470-1.9%
CVNA63.415-2.605%
PAG156.460-3.29%
LAD257.090-7.8%
AN178.590-3.35%
GPI305.470-11.71%
ABG177.5001.22%
SAH72.870-1.19%
TSLA404.110-5.88%
GM72.630-0.47%
F13.0600.03%
RIVN12.900-0.45%
CYD50.420-0.02%
HMC25.3200.11%
TM185.470-1.9%
CVNA63.415-2.605%
PAG156.460-3.29%
LAD257.090-7.8%
AN178.590-3.35%
GPI305.470-11.71%
ABG177.5001.22%
SAH72.870-1.19%
TSLA404.110-5.88%
GM72.630-0.47%
F13.0600.03%
RIVN12.900-0.45%
CYD50.420-0.02%
HMC25.3200.11%
TM185.470-1.9%
CVNA63.415-2.605%
PAG156.460-3.29%
LAD257.090-7.8%
AN178.590-3.35%
GPI305.470-11.71%
ABG177.5001.22%
SAH72.870-1.19%

Headlines

Mercedes-Benz delays EV targets due to weaker demand

- February 22, 2024
Mercedes-Benz has recently admitted that the demand for battery-powered vehicles is not as strong as initially expected. Despite this, the company has assured investors that it will continue to enhance...
Headlines Articles
The UAW has confirmed it has reached a tentative agreement with Ford at the company's Kentucky Truck Plant, narrowly avoiding a strike.

UAW strike on hold after Ford reaches tentative agreement with union

- February 21, 2024
Ford has reached a tentative agreement with United Auto Workers (UAW) members at its Kentucky Truck Plant, narrowly avoiding the deadline to prevent another labor strike. Earlier this week, the UAW...
Articles Headlines
sales The NADA has declared several changes to its leadership team, including appointing an executive vice president for public policy.

NADA appoints new senior advocacy staff members

- February 21, 2024
The National Automobile Dealers Association (NADA) has declared several changes to its leadership team, including appointing an executive vice president for public policy. The first person to uphold the new...
Articles Daily Automotive News
Stellantis reported a decline in first-half net profit, attributed to reduced volumes, temporary production gaps, and lower market share

Stellantis CEO Tavares outlines plans for improvement in 2024

- February 21, 2024
On February 20, Stellantis CEO Carlos Tavares recently spoke to reporters about the company's performance and plans for improvement. He acknowledged areas where Stellantis could have done better in 2023...
Headlines Articles
Fixed-ops revenue and demand increased in January, offsetting declines in new and used vehicle prices and buying dealer revenues.

Dealership service revenue increases in January

- February 21, 2024
Fixed-ops revenue and service demand ticked up in January, offsetting the impact of declining car prices seen throughout the month. Data from Cox Automotive indicates that dealership service teams saw more...
Articles Fixed-Ops
According to a report, a financial advisor is assisting Thoma Bravo in assessing interest in J.D. Power as it considers selling the company.

Thoma Bravo considers selling J.D. Power in $8 Billion deal

- February 21, 2024
According to a February 20 Bloomberg News report, a financial advisor is assisting Thoma Bravo LLC in assessing interest in the consumer information firm J.D. Power as it considers selling...
Headlines Articles
Toyota chairman Akio Toyoda expects EV market share to reach a total of 30% "no matter how much progress BEVs make." Engine

Toyota faces legal action for falsifying engine emissions testing

- February 20, 2024
A Nikkei article reported on February 19 disclosed that Japan's transport ministry is preparing to take legal action against a Toyota Motor affiliate for falsifying engine emissions testing. This legal...
Articles Headlines
Barra guaranteed that the software would "exceed customers' expectations" and set GM apart from rival automakers after renovations.

GM issues second stop-to-sale order due to software issues, CEO acknowledges mistakes

- February 20, 2024
On February 19, General Motors (GM) put out a stop-sale order on all 2024 Chevrolet Colorado and GMC Canyon midsize trucks, following a December stop-sale order of 2024 Chevrolet Blazer...
Headlines Articles
Ford has offered discounts on multiple Mach-E variants shortly after Tesla's decision to slash prices for the Model Y.

Ford discounts electric Mach-E as EV competition heats up

- February 20, 2024
Ford has cut prices on last year's Mach-E lineup as it looks to boost competition with Tesla and improve upon its marginal electric vehicle market share. The automaker introduced discounts of...
Articles Headlines
Wholesale used vehicle prices declined from January as did supply, possibly signaling an unexpected surge in pre-owned demand.

Wholesale used vehicle prices dip in early February but demand rises

- February 20, 2024
Wholesale used vehicle values declined in the first two weeks of February, following similar drops in listing prices and inventory levels seen across the pre-owned market throughout January. According to Cox...
Articles Sales & Marketing

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Rising gas prices push shoppers toward hybrids and used vehicles
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