TSLA433.5907.58%
GM79.7901%
F15.3250.395%
RIVN14.3900.17%
CYD59.0401.69%
HMC26.420-0.05%
TM190.0901.01%
CVNA70.1501.87%
PAG166.5901.86%
LAD283.0506.47%
AN191.7601.78%
GPI329.6303.45%
ABG190.0202.3%
SAH78.6900.53%
TSLA433.5907.58%
GM79.7901%
F15.3250.395%
RIVN14.3900.17%
CYD59.0401.69%
HMC26.420-0.05%
TM190.0901.01%
CVNA70.1501.87%
PAG166.5901.86%
LAD283.0506.47%
AN191.7601.78%
GPI329.6303.45%
ABG190.0202.3%
SAH78.6900.53%
TSLA433.5907.58%
GM79.7901%
F15.3250.395%
RIVN14.3900.17%
CYD59.0401.69%
HMC26.420-0.05%
TM190.0901.01%
CVNA70.1501.87%
PAG166.5901.86%
LAD283.0506.47%
AN191.7601.78%
GPI329.6303.45%
ABG190.0202.3%
SAH78.6900.53%

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The White House announced that it will invest $325 million to promote EV technologies, repair chargers, and reduce battery costs.

White House invests millions to repair EV chargers and cut battery costs

- January 19, 2024
On January 19, the White House issued a statement announcing that the U.S. Department of Transportation and Energy will be investing $325 million in three programs to promote electric vehicle...
Honda expects to see a 10% to 15% increase in U.S. sales by the end of 2024 after finishing 2023 up 30% year-over-year.

American Honda eyes sales gains for 2024, re-affirms EV commitment

- January 18, 2024
Honda forecasts higher sales in the U.S. over the next 12 months after making an impressive comeback over the course of 2023. The automaker sold 1.3 million vehicles in the U.S....
On today’s Inside Automotive, we’re joined by Matt Bowers to discuss the new volume and other business happening for the Group.

Dealer Matt Bowers on navigating the EV market and improving customer experiences

- January 18, 2024
Dealers are seeing more inventory- meaning their lots are filling back up. In fact, the Matt Bowers Auto Group, based near New Orleans, Louisiana, has had several stores lead their markets...

Musk seeks 25% stake in Tesla, Hyundai offers $7,500 cash bonuses, BMW predicts future sales to come from EVs

- January 17, 2024
Inside Automotive  Could your dealership benefit from an in-store clinic? — Melissa DeMontrond | DeMontrond Auto Group When most people hear the phrase in-store clinic, they typically picture some small, lonely alcove...
Tesla CEO Elon Musk is seeking to increase his control over the electric vehicle company as its board faces a difficult year.

Elon Musk seeks 25% stake in Tesla to prioritize AI and robotics business

- January 16, 2024
Tesla CEO Elon Musk is seeking to increase his ownership of the electric vehicle company to 25% as he looks to accelerate the brand's expansion into robotics and artificial intelligence. In...
Hyundai is offering cash bonuses up to $7,500 for Ioniq 5, Ioniq 6, and Kona Electric to stay competitive with other EV makers.

Hyundai matches EV tax credits with $7,500 cash bonus

- January 16, 2024
Hyundai is attempting to maintain its competitiveness with automakers eligible for tax credits under President Joe Biden's Inflation Reduction Act by offering up to $7,500 in cash bonuses to U.S....
BMW has reached a turning point in its transition from gas-powered to EVs with predictions that EVs will make up most of the company's growtt

BMW expects future sales growth to come primarily from EVs

- January 16, 2024
BMW has reached a turning point in its transition from gas-powered to electric vehicles, with its CFO, Walter Mertl, predicting that EVs will make up most of the company's growth...

Stellantis invests in sodium-ion batteries, Tesla’s market valuation falls, Toyota prepares to boost its global production

- January 16, 2024
Inside Automotive  Survey finds payment quotes often inaccurate, dealers struggle to meet consumer demands – Pete MacInnis In the latest episode of Inside Automotive, Pete MacInnis, CEO of eLEND Solutions, joins us...
Stellantis Ventures invests in Tiamat Energy, a French firm says sodium-ion materials have a lower cost than lithium-ion batteries for EVs.

Stellantis ventures invest in affordable sodium-ion batteries

- January 15, 2024
Stellantis Ventures has invested in the France-based Tiamat Energy, a technology firm developing sodium-ion electric vehicle batteries. The carmaker claims sodium-ion materials are more abundantly available than lithium-ion batteries, which...
The Volkswagen Group reported 9.24 million sales throughout 2023 thanks to a strong fourth quarter performance.

Volkswagen sales jump 11.8% in 2023, EV volume breaks quarterly record

- January 15, 2024
The Volkswagen Group maintained an impressive recovery pace throughout 2023, ending the year up 11.8% from 2022 in terms of sales across the company's brand portfolio. The German automaker sold an...