TSLA376.05011.78%
GM83.4501.25%
F13.175-0.035%
RIVN15.4750.485%
CYD34.820-0.58%
HMC32.4500.25%
TM192.6951.165%
CVNA66.1901.08%
PAG212.8900.28%
LAD316.9700.7%
AN167.090-1.2%
GPI251.3354.915%
ABG184.1001.04%
SAH65.4901.83%
TSLA376.05011.78%
GM83.4501.25%
F13.175-0.035%
RIVN15.4750.485%
CYD34.820-0.58%
HMC32.4500.25%
TM192.6951.165%
CVNA66.1901.08%
PAG212.8900.28%
LAD316.9700.7%
AN167.090-1.2%
GPI251.3354.915%
ABG184.1001.04%
SAH65.4901.83%
TSLA376.05011.78%
GM83.4501.25%
F13.175-0.035%
RIVN15.4750.485%
CYD34.820-0.58%
HMC32.4500.25%
TM192.6951.165%
CVNA66.1901.08%
PAG212.8900.28%
LAD316.9700.7%
AN167.090-1.2%
GPI251.3354.915%
ABG184.1001.04%
SAH65.4901.83%

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Fleet sales declined year-over-year in October for the first time in 2023 but came in above September's total.

Fleet sales take first hit in 2023 during UAW strike

- November 7, 2023
In a first for 2023, fleet sales dipped in October due to production halts caused by the United Auto Workers strike, according to Cox Automotive. Fleet sales declined 10.4% from October...

Dealership valuations remain robust, Inside the tentative deal between GM and UAW, Tesla integrates AI assistant for EVs

- November 7, 2023
Inside Automotive  Creating a concierge experience for car buyers: Tips for dealers – Brian Pasch On the latest episode of Auto Marketing Now with Brian Pasch, Founder of PCG Companies, Pasch discusses...
The United Auto Workers has revealed that GM will invest $13 billion into its facilities and raise wages by 27% under its new contract.

United Auto Workers shares updates on General Motors contract

- November 6, 2023
United Auto Workers leaders on Saturday detailed the union's tentative agreement with General Motors, the last of the Detroit-Three automakers to reach a deal. According to the UAW's announcement, General Motors...
The United Auto Workers union has started to turn its focus toward non-unionized automakers such as Toyota and Tesla.

United Auto Workers sets sights on non-unionized companies, targets Toyota

- November 3, 2023
With their fight against Detroit-Three OEMs (presumably) won, United Auto Workers leaders are turning their attention toward non-unionized automakers in the U.S., such as Tesla and Toyota. In a series of...
Automotive industry news: Toyota's gains, IRS EV tax credit portal, Rivian's clean energy feat, and new UAW labor deals.

Weekly roundup: IRS opens dealer Energy Credit Portal registration, Toyota’s EV plans, GM, Stellantis ink tentative UAW deals

- November 3, 2023
Earlier this week: Toyota revved up with soaring profits, EV investment plans, and pay raises following an impressive third-quarter report. Meanwhile, the IRS streamlined the transition to electric vehicles with...
American Honda saw sales rise dramatically from 2022, overcoming its inventory and supply challenges to score a year-over-year gain of 32.6%.

American Honda sales rise more than 30% in October

- November 2, 2023
American Honda saw sales rise throughout the month of October thanks to improved inventory and stable demand. The automaker reported total sales of 108,088 units, comprised predominantly of trucks. The number...
Peter Macinnis, the founder and CEO of eLend Solutions, discusses how dealers are using transparency to close the trust gap with customers. 

How dealers can bridge the gap in customer trust – Pete MacInnis | eLEND Solutions

- November 1, 2023
Most dealers are growing to be apprehensive due to discussions surrounding the UAW union strikes against the Big Three, interest rates, inflation, and a faltering economy. Even consumers are hesitant...
Toyota unveiled shared multiple updates, including pay raises, EV investments and profit forecasts, after the release of its Q3 report.

Toyota announces EV investments, higher profit and pay raises after Q3 report

- November 1, 2023
Toyota delivered several updates in the wake of its third-quarter report, highlighting the speed with which the brand has recovered from its post-pandemic inventory constraints. On Wednesday, the automaker adjusted its...
Stellantis saw global sales and revenue rise in the third quarter but was hindered by the UAW strike and slowing U.S. demand.

Stellantis scores third quarter wins but fumbles U.S. market

- October 31, 2023
Stellantis continued to project strength throughout the third quarter as global sales and revenues improved but was hindered by labor strikes and worsening demand in the U.S. Compared to Q3 2022,...
Panasonic has cut electric vehicle battery production and lowered its profit guidance amidst growing fears of slowing demand.

Panasonic cuts electric vehicle battery production amidst demand fears

- October 31, 2023
Japanese tech manufacturer and Tesla supplier Panasonic has reduced electric vehicle battery production, sparking fears of an electric vehicle slowdown. In its earnings report released Monday, Panasonic confirmed that it had...
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