TSLA432.6256.615%
GM79.6100.82%
F15.3700.44%
RIVN14.5240.3037%
CYD58.6001.2501%
HMC26.425-0.045%
TM190.4201.34%
CVNA71.1302.85%
PAG165.7301%
LAD282.4955.915%
AN190.7200.74%
GPI328.7452.565%
ABG189.0901.37%
SAH78.6150.455%
TSLA432.6256.615%
GM79.6100.82%
F15.3700.44%
RIVN14.5240.3037%
CYD58.6001.2501%
HMC26.425-0.045%
TM190.4201.34%
CVNA71.1302.85%
PAG165.7301%
LAD282.4955.915%
AN190.7200.74%
GPI328.7452.565%
ABG189.0901.37%
SAH78.6150.455%
TSLA432.6256.615%
GM79.6100.82%
F15.3700.44%
RIVN14.5240.3037%
CYD58.6001.2501%
HMC26.425-0.045%
TM190.4201.34%
CVNA71.1302.85%
PAG165.7301%
LAD282.4955.915%
AN190.7200.74%
GPI328.7452.565%
ABG189.0901.37%
SAH78.6150.455%

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GM is laying off more than 1,000 salaried employees globally within its Software and Services division following a strategic review.

GM lays off over 1,000 software and services division employees amid strategic streamlining

- August 20, 2024
General Motors (GM) is laying off more than 1,000 salaried employees globally within its Software and Services division following a strategic review to streamline operations. The cuts include approximately 600...
Rivian has temporarily halted production of its Electric Delivery Vans (EDVs) for Amazon at its Normal, IL plant due to a parts shortage.

Rivian halts EDV production due to parts shortage amid scaling challenges

- August 19, 2024
Rivian has temporarily halted production of its Electric Delivery Vans (EDVs) at its Normal, IL plant due to a parts shortage. The company confirmed the pause on August 16, citing...
GM achieved a significant milestone in energy efficiency, reducing natural gas consumption by 30% at its Fort Wayne, Indiana, assembly plant

GM cuts natural gas use by 30% at Fort Wayne plant, saving $3.5 million annually

- August 15, 2024
General Motors has achieved a significant milestone in energy efficiency, reducing natural gas consumption by 30% at its Fort Wayne, Indiana, assembly plant compared to a 2019 baseline. The innovative...
But what does this mean for dealerships? Let’s dive into the nitty-gritty of these regulations and how they impact your bottom line.

The impact of climate change policies on automotive dealerships: What’s on the horizon?

- August 14, 2024
Let’s be honest—climate change policies are becoming a harsh new reality for automotive dealerships. Just look at Moody Motor Co., which was fined $40,000 for sidestepping Clean Air Act regulations. It’s a vivid reminder that...

Harris rallies UAW support, Volkswagen cuts ID.4 lease prices, ChargePoint unveils Omni Port

- August 9, 2024
Top stories Harris advocates for workers' rights in Michigan, rallying support among UAW members. Read More Volkswagen slashes 2024 ID.4 lease prices to lowest ever. Read More ChargePoint introduces the Omni Port system...

GM retools plants for EVs, Dodge reveals 2024 Charger Daytona, Federal authorities probe fatal Tesla Cybertruck crash

- August 8, 2024
Top stories GM invests in retooling plants for EV production amid slower market adoption. Read More Dodge unveils pricing for 2024 electric Charger Daytona. Read More Federal safety authorities seek information on fatal...

Dave Cantin and Ken Ganley discuss market trends, M&A activity, and the future of EVs

- August 7, 2024
In a rapidly evolving automotive landscape, industry experts are navigating a transformative period marked by the rise of electric and hybrid vehicles, shifting regulatory pressures, and dynamic dealership acquisitions. In...

Harris picks Walz as running mate, Honda sees 23% Q1 profit surge, TrueCar’s losses shrink despite cyberattack

- August 7, 2024
Top stories Kamala Harris chooses Minnesota Governor Tim Walz as running mate. Honda reports 23% Q1 profit increase amid strong U.S. hybrid sales and weaker yen. Read More TrueCar's net losses shrink...
Lucid announced on August 5, 2024, that its largest shareholder, Saudi Arabia's Public Investment Fund (PIF), will inject up to $1.5B in cash

Lucid secures $1.5 billion investment from Saudi Arabia’s PIF to boost SUV production

- August 6, 2024
Lucid announced on August 5, 2024, that its largest shareholder, Saudi Arabia's Public Investment Fund (PIF), will inject up to $1.5 billion in cash to ramp up production of a...
Rivian is set to report its Q2 earnings following a period of increased sales, cost-cutting measures, and a $5 billion investment.

Rivian to report Q2 earnings amid higher sales, cost cutting, and $5B Volkswagen investment

- August 5, 2024
Rivian is set to report its second-quarter earnings on August 6, following a period of increased sales, cost-cutting measures, and a substantial $5 billion investment from Volkswagen as part of...
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