EV sales set to break records in U.S., but lag behind China
According to Atlas Public Policy, electric vehicle (EV) sales are predicted to account for a record 9% of all passenger vehicles in the U.S. this year. That amounts to a...
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
Dealers warm up to digital retailing but obstacles persist
The adoption of digital retailing tools among dealers has expanded in 2023, with the percentage of storefronts offering a fully online car-buying experience increasing from 30% to 40% in the...
Sheehy Auto Stores raises $340,000+ for American Heart Association
Virginia-based Sheehy Auto Stores has raised $341,476 in 2023 to support the American Heart Association (AHA), continuing its long-term commitment to fight heart disease and improve health.
The dealership group began...
Tesla to charge “congestion fee” at some Supercharger locations
Tesla will charge certain drivers a "Supercharger Congestion Fee" at a limited number of charging sites across the U.S. in an effort to reduce wait times and improve the customer...
Ford scales back Michigan battery plant amid EV adoption struggles
Detroit automaker, Ford, is reducing its plans for a $3.5 billion battery facility in Michigan due to the slower-than-anticipated change in consumer preference toward electric vehicles, rising labor costs, and...
Salvation Army and Toyota Lexus Dealership Association address Thanksgiving food insecurity
The growing issue of food poverty that families nationwide encounter during the Thanksgiving holiday was addressed by The Salvation Army and the Toyota Lexus Minority Owners Dealership Association (TLMODA), as...
Lucid unveils its electric Gravity SUV, offering 440 miles of range
The California-based startup Lucid has ventured into the lucrative and fiercely competitive SUV industry with its debut offering, the Gravity, built on the same platform as its Air sedan.
Lucid claims...
Service center revenue, demand remain strong throughout October
Dealers continued to see demand and profit in the service center throughout October, with revenues and work volumes remaining strong despite industry-wide instabilities stemming from the United Auto Workers strike.
Service...
Rivian’s CEO RJ Scaringe becomes chief product officer, replacing Nick Kalayjian
Rivian announced on November 20 that CEO RJ Scaringe would take direct control of all product development, effective immediately, as the electric vehicle manufacturer prepares to debut and introduce its...
automotiveMastermind adds Turn feature to help dealers better manage inventory
NEW YORK (Nov. 21, 2023) – automotiveMastermind (aM), part of S&P Global Mobility and the leading provider of predictive analytics and marketing automation solutions for dealerships, has officially launched Turn....
