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

Neel Kashkari

Fed Official Neel Kashkari says inflation is more cause for concern than a recession

- August 2, 2022
According to data released last Thursday by the Bureau of Economic Analysis, the country’s gross domestic product declined for the second consecutive quarter, which is often a symptom of an impending...
Articles Headlines
Nikola

Nikola acquires EV battery pack supplier Romeo Power for $144 M

- August 2, 2022
Electric heavy truck maker Nikola announced on Monday that it had reached a $144 million agreement to buy EV battery pack supplier Romeo Power, giving the business control over a vital link in...
Articles Headlines
Sonic Automotive

Sonic Automotive President Jeff Dyke discusses powerful Q2 2022 performance

- August 1, 2022
Sonic Automotive has announced all-time record revenues and gross profit for the second quarter. The fortune 500 company based in Charlotte, North Carolina is reporting record Q2 earnings of $3.7...
Management & Leadership Featured
US chip production

Congress approves $280 bln bill to bolster US chip production

- August 1, 2022
Late last week, a bipartisan majority in the House approved a $280 billion piece of legislation meant to revive American production of semiconductor chips, a scarcity that has tormented US automakers....
Articles Headlines
rivi

General Motors offering Green Bonds to finance sustainability projects

- August 1, 2022
For the first time ever, General Motors has offered green bonds, joining its rivals in utilizing the sustainable debt market to finance the switch to electric vehicles in order to compete with Tesla....
Articles Headlines
climate action

Manchin, Schumer reach surprising deal on hefty climate action bill

- August 1, 2022
In a surprise turn of events, Senate Majority Leader Chuck Schumer and Senator Joe Manchin announced a deal that includes $369 billion for energy and climate action initiatives with the goal of...
Articles Headlines
Hyundai America

Randy Parker promoted to Chief Executive Officer of Hyundai America

- August 1, 2022
​​In response to the ongoing chip scarcity, Hyundai Motors, the largest automaker in South Korea, announced Friday that it has appointed a new Chief Executive Officer for its US business. Effective...
Articles Headlines
Automotive Ventures EVs startups connected car Buick CES

A closer look at Carvana’s marketplace project and AutoNation’s new captive financing arm

- July 29, 2022
Welcome to this episode of The Friday 5 with Steve Greenfield, Founder and CEO of Automotive Ventures, an auto technology advisory firm that helps entrepreneurs raise money and maximize the...
Daily Automotive News Future of Automotive

Supply chain problems still hindering auto sales—Is there an end in sight?

- July 29, 2022
We know that successful dealership operations primarily rely on strong vehicle sales, but manufacturers cannot produce enough cars to satisfy consumer demand. Today on Inside Automotive, Jessica Caldwell, Edmunds Executive Director of Industry Insights,...
Daily Automotive News Featured

Minority franchise dealers increased by almost 9% in 2021, NAMAD data shows

- July 29, 2022
According to the National Association of Minority Automobile Dealers (NAMAD), the number of minority franchised dealerships rose by almost 9% from 2020 to 2021. There were a little over 1,250 minority...
Daily Automotive News Articles

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