TSLA327.0607.53%
GM87.6000.66%
F14.0550.2648%
RIVN16.0550.675%
CYD48.075-0.655%
HMC31.6750.945%
TM189.7302.2403%
CVNA70.8402.5%
PAG216.090-0.31%
LAD373.490-2.29%
AN209.520-1.81%
GPI267.180-3.64%
ABG212.765-3.225%
SAH82.650-2.24%
TSLA327.0607.53%
GM87.6000.66%
F14.0550.2648%
RIVN16.0550.675%
CYD48.075-0.655%
HMC31.6750.945%
TM189.7302.2403%
CVNA70.8402.5%
PAG216.090-0.31%
LAD373.490-2.29%
AN209.520-1.81%
GPI267.180-3.64%
ABG212.765-3.225%
SAH82.650-2.24%
TSLA327.0607.53%
GM87.6000.66%
F14.0550.2648%
RIVN16.0550.675%
CYD48.075-0.655%
HMC31.6750.945%
TM189.7302.2403%
CVNA70.8402.5%
PAG216.090-0.31%
LAD373.490-2.29%
AN209.520-1.81%
GPI267.180-3.64%
ABG212.765-3.225%
SAH82.650-2.24%

Headlines

External factors such as economic conditions impacted the used vehicle market in 2023, causing pre-owned pickups to lose popularity.

Top-selling used vehicle models trade places in 2023

- January 4, 2024
The Ford F-150 was one of the few used vehicle models to remain unaffected by economic trends in 2023, retaining its top-selling spot even as pickups saw a slight decline...
Despite the government stripping GM of crucial EV tax credits, the automaker announced it would provide $7,500 incentives for its EVs.

GM offers $7,500 discount for EVs that lost tax credit eligibility

- January 4, 2024
Despite the government stripping General Motors of crucial electric vehicle tax credits, the automaker announced it would provide $7,500 incentives for its EVs. At the same time, Ford plans to...
Ford has adjusted prices for the upcoming 2024 F-150 Lightning, weeks after halving the electric pickup's production target.

Ford adjusts 2024 F-150 Lightning prices ahead of release

- January 3, 2024
Ford has adjusted prices on the upcoming 2024 F-150 Lightning battery-powered pickups in response to shifting demand in the electric vehicle segment. The move comes just weeks after the Detroit automaker...
Used vehicle prices dropped again across November and December as trends within the retail automotive sector continued to normalize.

Wholesale used vehicle prices continue to normalize

- January 3, 2024
Used vehicle prices dropped again across November and December as trends within the retail automotive sector continued to normalize in the post-pandemic economy. According to auctioning platform ADESA, wholesale used vehicle...
For the third consecutive year, Hyundai sold a record number of vehicles in the U.S. and expects the momentum to continue throughout 2024.

Hyundai, Kia aim to increase global sales by 2% in 2024

- January 3, 2024
For the third consecutive year, Hyundai sold a record number of vehicles in the U.S. in 2023 and expects the momentum to continue throughout 2024. On January 3, Hyundai and...
On December 21, the Rick Case Bikes for Kids collected upwards of 100,000 bikes from local communities to ensure no child felt left out.

Rick Case makes generous donations to children in South Florida and Atlanta

- January 3, 2024
During this holiday season, several children from the Boys and Girls Club, Habitat for Humanity, Women in Distress, Broward County public schools, and other local charitable organizations, churches, and schools...
New car sales rose in December over the previous year, allowing the 2023 total sales volume to rise 11.6% from 2022.

New car sales improve in December, full-year volume hits 15.5 million

- January 3, 2024
New car sales will improve on a monthly and yearly basis, according to Cox Automotive, following a late-season demand surge in December. Based on the sales pace, Cox Automotive believes 1.36...
VinFast has signed agreements with five dealers across the U.S., marking the launch of its third-party retailer network.

VinFast follows through on franchise plans, partners with five U.S. dealers

- January 2, 2024
Vietnam-based electric vehicle manufacturer VinFast has formally entered partnerships with several U.S. dealers, marking a break from the fledgling company's initial direct-sales model. After signaling an interest in building a U.S....
Rivian has recently released the production figures for the quarter and year ending on December 31, 2023 at its Normal, Illinois, factory.

Rivian releases Q4 and full-year production figures, deliveries slip 10%

- January 2, 2024
Rivian has recently released the production figures for the quarter and year ending on December 31, 2023. According to the disclosure, the company has manufactured 17,541 vehicles at its Normal,...
Tesla released its Q4 and full-year 2023 delivery results, reaching yet another milestone by exceeding delivery of 476,000 cars in Q4.

Tesla breaks another record with Q4 production and delivery results

- January 2, 2024
Tesla released its Q4 and full-year 2023 delivery results, reaching yet another milestone. Given that the Austin-based EV manufacturer expected to deliver 1.8 million vehicles by 2023, the automaker needed...
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