TSLA358.22014.53%
GM86.160-3.17%
F12.440-0.09%
RIVN13.6100.32%
CYD20.000-0.01%
HMC35.780-0.48%
TM216.190-1.92%
CVNA73.5701.49%
PAG212.3600.16%
LAD308.770-7%
AN184.000-4.12%
GPI261.350-5.15%
ABG202.650-4.38%
SAH61.710-1.09%
TSLA358.22014.53%
GM86.160-3.17%
F12.440-0.09%
RIVN13.6100.32%
CYD20.000-0.01%
HMC35.780-0.48%
TM216.190-1.92%
CVNA73.5701.49%
PAG212.3600.16%
LAD308.770-7%
AN184.000-4.12%
GPI261.350-5.15%
ABG202.650-4.38%
SAH61.710-1.09%
TSLA358.22014.53%
GM86.160-3.17%
F12.440-0.09%
RIVN13.6100.32%
CYD20.000-0.01%
HMC35.780-0.48%
TM216.190-1.92%
CVNA73.5701.49%
PAG212.3600.16%
LAD308.770-7%
AN184.000-4.12%
GPI261.350-5.15%
ABG202.650-4.38%
SAH61.710-1.09%

Headlines

Leaders from Stellantis and United Auto Workers (UAW) clashed over electric vehicle price points amidst ongoing contraction negotiations.

Stellantis, UAW clash over electric vehicle price points

- August 14, 2023
Leaders from Stellantis and United Auto Workers (UAW) clashed over electric vehicle price points amidst ongoing contraction negotiations between Detroit-Three automakers and union representatives. Although Stellantis has refused to engage in...
Dale Pollak joins Inside Automotive to discuss inventory management strategies and why car dealers should be more open to trying new methods.

Why dealers should reevaluate their inventory management strategies now — Dale Pollak

- August 14, 2023
Over the last few years, fluctuating production and an unstable supply chain have made it difficult for car dealers to keep their lots stocked. Now, however, the automotive industry is...
Electric vehicle startup Fisker has announced updates to the upcoming Ronin super GT, unveiled earlier this month.

Fisker unveils price tag, limited release for Ronin super GT electric vehicle

- August 11, 2023
Electric vehicle startup Fisker has announced updates to the upcoming Ronin super GT, unveiled earlier this month. The Ronin super GT, tagged as "the world's most sustainable supercar," is a five-seat...
New car supply dipped slightly in July as improved manufacturing and higher demand allowed dealers to sell more vehicles at higher prices.

New car supply sees slight decline in July as demand remains strong

- August 11, 2023
New car supply dipped slightly in July as improved manufacturing, higher demand and ongoing scarcity allowed dealers to sell more vehicles at higher prices. According to a Cox Automotive report, dealership...

Dealerships embrace AI for loans, yet crave in-person sales impact

- August 11, 2023
Auto lending is a process that is becoming more automated, and dealership finance teams are generally in favor of using new technologies like AI to determine the loan allocation process....
A Lincoln car dealership provided school supplies to 40 teachers in Lancaster County, Pennsylvania.

Lincoln dealership donates school supplies to teachers in Lancaster, P.A.

- August 11, 2023
A Lincoln car dealership provided school supplies to 40 teachers in Lancaster County, Pennsylvania. Recipients include teachers from Norristown, Malcolm, Waverly, and Lincoln schools.  A few weeks ago, Anderson Mazda of...
This week: Bill Ussery Motors sells dealerships for $150M, Rivian's Q2 gains, UAW President challenges Stellantis, and more automotive news.

Weekly roundup: UAW President blasts Stellantis for ‘trash’ proposal, Mercedes-Benz dealerships sell for $150M

- August 11, 2023
Earlier this week: Bill Ussery Motors sold its Mercedes-Benz dealerships in Cutler Bay and Coral Gables to affiliates of Dream Motor Group, for a listed transaction value of $150 million....
Credit access improved in July to the highest point since March, when several bank failures caused lenders to adopt restrictive policies.

Car buyers see credit access improve in July as loan approvals rise

- August 10, 2023
Car buyers saw credit access improve in July to the highest point since March, when the collapse of several banks caused lenders to adopt restrictive policies. Cox Automotive's Dealertrack Credit Availability...
OEM executives believe that the COVID pandemic has created a new normal for certain aspects of the car market.

OEM executives see new normal for pricing, sales model in survey

- August 10, 2023
OEM executives believe that the COVID pandemic has created a new normal for certain aspects of the car market, according to a survey conducted by mergers and acquisitions firm Kerrigan...
Steve Fox is making a significant contribution to his commitment, donating $25 million to Texas Tech University to help staff a planned cancer treatment facility in El Paso.

Car dealer donates $25 million to establish cancer center at Texas Tech

- August 10, 2023
El Paso car salesman Steve Fox claimed he negotiated the deal of his life when he was diagnosed with severe tongue and throat cancer more than 20 years ago. Steve...

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