CEO Mark Russell plans to leave Nikola at the end of 2022
Mark Russell will retire as CEO of Nikola at the end of the year, the company announced on Monday. Russell has been with Nikola since 2014 and has served as CEO...
TSLA330.8802.3%
GM87.9600.38%
F14.0150.035%
RIVN16.3900.39%
CYD46.150-1.17%
HMC31.720-0.1%
TM188.780-1.31%
CVNA74.2003.35%
PAG216.270-0.14%
LAD379.8404.21%
AN208.090-1.14%
GPI265.120-1.35%
ABG210.760-3.56%
SAH80.020-2.42%
TSLA330.8802.3%
GM87.9600.38%
F14.0150.035%
RIVN16.3900.39%
CYD46.150-1.17%
HMC31.720-0.1%
TM188.780-1.31%
CVNA74.2003.35%
PAG216.270-0.14%
LAD379.8404.21%
AN208.090-1.14%
GPI265.120-1.35%
ABG210.760-3.56%
SAH80.020-2.42%
TSLA330.8802.3%
GM87.9600.38%
F14.0150.035%
RIVN16.3900.39%
CYD46.150-1.17%
HMC31.720-0.1%
TM188.780-1.31%
CVNA74.2003.35%
PAG216.270-0.14%
LAD379.8404.21%
AN208.090-1.14%
GPI265.120-1.35%
ABG210.760-3.56%
SAH80.020-2.42%
Headlines
How GM Brandon Apon is modifying recruiting strategies to attract more staff
It’s crucial for car dealers and managers to understand what’s going on in each department of the dealership. For Brandon Apon, the General Manager of Mall of Georgia Mazda (Hendrick...
LMP Automotive sells more assets, seeks approval for plan of liquidation
LMP Automotive Holdings, Inc. and its affiliates announced on Monday that it has entered into an all-cash asset sales agreement to sell several automotive dealerships in Florida and West Virginia...
Vroom revenues fall 38% in Q2, missing consensus EPS estimates
Vroom exceeded Wall Street expectations for its second-quarter earnings. The retailer reported a $0.83 decrease per share and a loss of $115.1 million. However, earnings jumped 5.19%, and the company posted...
How are dealer markups affecting brand and dealership loyalty?
While inflation is widely in effect across the country, dealerships have continued to mark up vehicle prices beyond the recommended MSRPs. In May this year, 80% of consumers paid at...
How Jeff Wyler Automotive plans to use its innovative new retailing platform to beat disruptors
Jeff Wyler Automotive Family recently launched a 100% online car buying solution to compete directly with disruptors like Carvana and Vroom. Kevin Frye, the Marketing Director at Jeff Wyler Automotive...
The most significant and innovative automotive joint-ventures of 2022 so far
Automakers are ramping up their joint-ventures, especially in 2022. Automakers are partnering with domestic and foreign suppliers of EV battery components to lower the cost of EV materials and increase...
5 of the hottest electric cars on the market and 5 more coming soon
Electric cars are growing in popularity. With each coming month, more and more Americans are growing warmer to the idea of owning an electric car, but there are still some...
President Biden signs CHIPS bill allocating $52 B for US semiconductor industry
Yesterday, President Joe Biden signed the bipartisan CHIPS and Science Act legislation into law, intending to increase American semiconductor competitiveness with China. The plan provides billions in tax incentives to stimulate investment...
California DMV accuses Tesla of deceptive marketing for its self-driving tech
The California DMV has accused Tesla in two separate filings of the use of deceptive marketing practices. Specifically, the company has been using terms such as “autopilot” and “full-self driving capability” to describe their...
