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

downgraded

AutoNation stock downgraded by JPMorgan after sales take a hit in 2022

- February 22, 2023
JPMorgan Chase & Co. downgraded AutoNation's stock to "underweight" from "neutral" following a decrease in vehicle sales in 2022. The downgrade echoes the industry's mixed reactions over AutoNation's quarterly and full...
Articles Headlines
sales service activity Xtime

Service activity and revenue increase year-over-year in January

- February 22, 2023
According to the most recent Cox Automotive review of Xtime measurements, service activity at U.S. franchised dealerships declined in January but service income grew month over month. In comparison to...
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Tesla compensation package

Judge hears final arguments in Elon Musk trial over $56 billion Tesla pay

- February 22, 2023
On February 21, attorneys for Elon Musk, and Tesla investor Richard Tornetta, presented their closing arguments in a trial concerning the Tesla CEO's $56 billion compensation package and whether it helped...
Articles Headlines
full self-driving beta

Tesla releases update details for Full Self-Driving beta after recall decision

- February 21, 2023
Tesla has released details for its upcoming Full Self-Driving beta update, which will expand the software's features and address some of the safety concerns revealed by the National Highway Traffic...
Articles Headlines
Lithia Motors CEO

Lithia Motors beats AutoNation to become top selling dealership group in 2022

- February 21, 2023
Lithia Motors revealed it had sold 271,596 new vehicles in 2022, beating the nation's longtime frontrunner AutoNation by 40,000 units. In Q4 alone, Lithia made 68,159 new vehicle sales, a 5.2%...
Articles Headlines
Ram 1500 REV

Ram stops taking reservations after 1500 REV sells out in 5 days

- February 21, 2023
Ram ended reservations for its 1500 REV pickup truck just five days after the order books opened. Ram is certainly attempting to generate buzz about its EV, and there would...
Articles Headlines
Used car

Used car prices are rising once again after a prolonged decline

- February 21, 2023
For majority of last year, used car prices slowly and drastically declined. Unfortunately for consumers, that may soon change. According to Manheim, the largest wholesale automobile marketplace, prices rose 4% in...
Articles Headlines
AutoNation gross profit

AutoNation announces Q4 profit record, expects market prices to drop

- February 20, 2023
As manufacturers increase volume and provide more incentives to price-conscious shoppers, AutoNation, one of the largest car dealership chains in the U.S., anticipates a reduction in new and used car...
Articles Headlines
Mary Barra EV ambitions electrification strategy

GM’s Mary Barra stands firm on EV ambitions, but admits to challenges

- February 20, 2023
Last Thursday, General Motors CEO Mary Barra confirmed the company would continue pursuing its EV ambitions, but acknowledged a number of obstacles remain in its path. Speaking to virtual attendees of...
Articles Headlines
self-driving software

Tesla recalls 362,000 vehicles due to NHTSA pressure on self-driving software

- February 20, 2023
Tesla is set to recall over 362,000 vehicles equipped with the company's Full Self-Driving beta software, after facing pressure from the National Highway Traffic Safety Administration. According the NHTSA, the company's...
Articles Headlines

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Rising gas prices push shoppers toward hybrids and used vehicles
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Cox Automotive's Derek Hansen talks about how AI is reshaping used-vehicle sales and sourcing as inventory hits historic lows.
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How AI is reshaping used-vehicle sales and sourcing as inventory hits historic lows

CBT News
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