Carvana recorded a net loss of $806 million in the fourth quarter
Carvana released its financial statistics for 2022 and disclosed a $1.6 billion net loss overall. Which is more than half of the amount it lost in Q4, when the company...
TSLA393.450-31.85%
GM76.0000.48%
F13.350-0.29%
RIVN18.6301.45%
CYD43.390-2.9%
HMC28.0200.76%
TM174.5904.93%
CVNA68.5900.72%
PAG179.4202.34%
LAD306.23015.93%
AN186.4102.08%
GPI288.3901.79%
ABG205.4007.38%
SAH83.7300.68%
TSLA393.450-31.85%
GM76.0000.48%
F13.350-0.29%
RIVN18.6301.45%
CYD43.390-2.9%
HMC28.0200.76%
TM174.5904.93%
CVNA68.5900.72%
PAG179.4202.34%
LAD306.23015.93%
AN186.4102.08%
GPI288.3901.79%
ABG205.4007.38%
SAH83.7300.68%
TSLA393.450-31.85%
GM76.0000.48%
F13.350-0.29%
RIVN18.6301.45%
CYD43.390-2.9%
HMC28.0200.76%
TM174.5904.93%
CVNA68.5900.72%
PAG179.4202.34%
LAD306.23015.93%
AN186.4102.08%
GPI288.3901.79%
ABG205.4007.38%
SAH83.7300.68%
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Secretary Yellen says foreign car brands may be able to qualify for EV tax credits
U.S. Treasury Secretary Yellen said that free trade agreements may give overseas automakers a way to earn electric vehicle tax credits without an act of congress.
Speaking to reporters at the...
The Urban League and NADA are working together to train mechanics
The severe lack of auto technicians in the U.S. has prompted a number of initiatives to hire trained mechanics at auto dealerships.
The National Automobile Dealers Association (NADA), National Urban League,...
Secretary Yellen on EV tax credits, Elon’s tweeting troubles, Carvana Q4 results
Inside Automotive
2023 TIME Dealer of the Year Gary Rome on modern retailing, company culture and more
Every year TIME Magazine selects one storeowner for its Dealer of the Year award, and...
Deloitte: Accelerated pace of change set to drive the future of automotive mobility
NEW YORK, February 23, 2023 —
Key takeaways
The future of automotive mobility is being shaped by a variety of tectonic forces converging to shift consumer sentiment and behavior.
One in 3...
Why Jim Ziegler is urging dealers to re-enter the used car market
When we last met with Jim Ziegler, the 'Alpha Dawg,' a veteran of the automotive retail industry and president of Ziegler SuperSystems, he shared his opinions and predictions regarding the...
How do Tesla’s profit margins stack up against legacy automakers?
Welcome to another edition of The Future of Automotive, with Steve Greenfield, Founder, and CEO of Automotive Ventures, an auto technology advisory firm that helps entrepreneurs raise money and maximize the...
10 inventions that changed the history of automobiles forever
Automakers are always working to adjust and improve technologies while also developing new ones to increase drivers’ comfort and convenience, but we often forget to take a step back and...
Weekly Roundup: February U.S. auto sales forecast, Tesla FSD recall
Weekly Roundup:
The National Highway Transportation and Safety Administration (NHTSA) mandated Tesla to recall 362,000 vehicles over Full Self-Driving beta software, Lithia Motors outsold AutoNation in 2022, used electric vehicles values declined,...
Cox Auto expecting new light vehicle sales to grow 4% in February
In its February forecast, Cox Automotive revealed expectations for new light vehicle sales to grow 3.9% from January and 4% from the same time last year.
January's performance was unseasonably strong,...
