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

Consumers and dealers expressed opposing beliefs and concerns over the electric vehicle market in a new Cox Automotive analysis.

Dealers and buyers divided over electric vehicle market

- June 27, 2023
Consumers and dealers expressed opposing beliefs and concerns over the electric vehicle market in a new Cox Automotive analysis. Of the 1,024 car shoppers surveyed by Cox Automotive, 51% said they...
Stellantis charging

Stellantis’ new service for EV users seeks to relieve ‘charging anxiety’

- June 27, 2023
On June 27, Stellantis launched a "Charging & Energy" business unit to make keeping electric vehicles on the road easier and cash in on an expanding service range around greener...
Ford's layoffs

Ford’s restructuring initiative reveals plans for additional layoffs in the U.S.

- June 27, 2023
On June 26, Ford announced it would carry out layoffs, primarily affecting engineering jobs in the U.S. and Canada, as the carmaker aims to cut costs while restructuring its business...
This integration between automotiveMastermind and Reynolds and Reynolds aims to automatically sync data, increase service-to-sales capabilities, and improve data security.

Mastermind and Reynolds and Reynolds integration now available for dealerships

- June 27, 2023
NEW YORK (June 27, 2023) – automotiveMastermind (aM), part of S&P Global Mobility and the leading provider of predictive analytics and marketing automation solutions for dealerships, has announced dealers can...
Electric vehicle brand Lordstown Motors is suing its former business partner Foxconn after filing for bankruptcy on June 27.

Lordstown Motors sues former partner Foxconn after filing for bankruptcy

- June 27, 2023
Electric vehicle brand Lordstown Motors is suing its former business partner Foxconn after filing for bankruptcy on June 27. The conflict stems from a deal struck by the two companies last...
Ford Explorer NHTSA

The NHTSA launches an investigation into the Ford Explorer following recall

- June 26, 2023
After receiving complaints about modifications meant to stop vehicles from unexpectedly rolling away while in park, the National Highway Traffic Safety Administration, NHTSA, is looking into Ford's recall of more...
Current GOP frontrunner Donald Trump criticized the automotive industry's electric vehicle transition during a weekend event in Michigan.

Trump makes case against electric vehicle push to Michigan voters

- June 26, 2023
Current GOP frontrunner Donald Trump criticized the automotive industry's electric vehicle transition during a weekend event in Michigan. Trump made the remarks at the Lincoln Day Dinner, hosted on Sunday, June...
CEO of the VW brand, pledged to make vehicles easier for passengers and drivers, claiming touch-sensitive controls "did a lot of damage."

VW brand CEO revealed touch controls “did a lot of damage”, promises consistency

- June 26, 2023
Thomas Schäfer, CEO of the Volkswagen brand, VW, pledged to make vehicles easier for passengers and drivers, claiming touch-sensitive controls "did a lot of damage" to the company's connection with...
J.D. Power and GlobalData forecast a monthly new vehicle sales total of over 1.38 million units this June.

June new vehicle sales and inventory improve while profit margins shrink

- June 26, 2023
J.D. Power and GlobalData forecast a monthly new vehicle sales total of over 1.38 million units this June, placing the automotive industry well ahead of its position during the same period last year. According...
Forward-thinking car dealers have seen fixed operations department profits and efficiency significantly improve over the last year.

Forward-thinking dealers see greater fixed operations profit, efficiency

- June 23, 2023
Forward-thinking car dealers have seen fixed operations department profits and efficiency significantly improve over the last year, according to new research by Cox Automotive. As the automotive industry looks to recover...
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