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

On the retail side of things, Hyundai sold 58,027 units in Nov., marking a 3% year-over-year increase from November 2022.

Hyundai reveals November sales surge, led by Santa Fe and IONIQ 5

- December 1, 2023
Hyundai Motor America has reported its highest-ever November sales, totaling 70,079 units, marking an impressive 11% increase compared to November 2022. This achievement extends Hyundai's consecutive monthly sales growth streak...
One of the largest car dealership groups in the United States, Group 1 Automotive, has taken a significant step towards sustainability.

Group 1 Automotive installs 10,000 solar panels on dealership rooftops

- December 1, 2023
One of the largest car dealership groups in the United States, Group 1 Automotive, has taken a significant step towards sustainability by completing the installation of 10,000 solar panels across...
Dealers' EV concerns, auto retail gains, UAW campaign, Rivian leasing, and Sheehy Auto's charity— all in one article.

Weekly roundup: dealers confront Biden on EV policy, UAW expands unionization, Rivian introduces leases

- December 1, 2023
Earlier this week: Thousands of U.S. dealerships, operating as "EV Voice of the Customer," expressed concerns to President Biden about proposed emissions standards in an open letter. Nov. U.S. new-vehicle...
Ford is committed to identifying cost-cutting measures, including a $12 billion scale-back in future electric vehicle (EV) investment.

Ford reissues 2023 guidance, reveals $8.8 billion cost of labor deal

- November 30, 2023
In its latest financial update, Ford Motor Company has reissued its 2023 guidance, a month after withdrawing it due to the ongoing labor strikes and negotiations with the United Auto...
Hyundai and Kia presented its Uni Wheel." This game-changing approach to the EVs drivetrain aims to alter the design of future mobility.

Hyundai, Kia reveal ‘Uni Wheel’ drive system to revolutionize electric vehicles

- November 30, 2023
During the "Uni Wheel Tech Day" in Seoul, Korea, the Hyundai Motor Company and Kia Corporation presented their new Universal Wheel Drive System, or "Uni Wheel." This innovative approach to...
The industry's best-selling large SUVs, the Chevrolet Tahoe and Suburban, will debut with new exterior and interior designs late next year. 

Chevrolet reveals upgraded 2025 Tahoe and Suburban SUVs

- November 30, 2023
The industry's best-selling large sport utility vehicles (SUVs), the Chevrolet Tahoe and Suburban, will debut with new exterior and interior designs late next year. These updates offer additional technology enhancements...
Notably, the UAW is not guaranteeing the successful organization of every plant or automaker participating in this campaign.

UAW launches ambitious campaign to unionize non-Detroit automakers

- November 30, 2023
The United Auto Workers (UAW) union has announced a bold initiative to organize 13 non-union automakers operating in the United States. This announcement comes in the wake of the UAW's...
Despite this setback, GM remains optimistic, planning to cover the costs of its new contract with the UAW and even increase its dividend.

GM reports $1.1 billion hit from UAW strike but raises dividend, adjusts financial outlook

- November 29, 2023
General Motors (GM) has reported a significant financial impact from the recent six-week strike by autoworkers, with pretax earnings suffering a $1.1 billion loss, according to The Associated Press. Despite this...
Jim Ellis Automotive Group launched its seventh annual Holliday Giving Campaign, which supports the Atlanta Community Food Bank.

Jim Ellis Automotive partners with Atlanta Food Bank to help fight hunger

- November 29, 2023
The Jim Ellis Automotive Group announced the launch of its seventh annual Holliday Giving Campaign, which supports the Atlanta Community Food Bank. From November 24, 2023, to January 2, 2024,...
A survey conducted by Recurrent revealed that EV range anxiety diminishes with the experience of owning an EV.

Survey reveals EV range anxiety declines with ownership experience, despite initial fears

- November 29, 2023
A survey conducted by Recurrent revealed that electric vehicle range anxiety diminishes with the experience of owning an EV. Range anxiety is the fear that an electric vehicle will not...
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