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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Here’s a closer look at the top automotive stories and more headlines to catch up on this week in automotive industry news.

Automotive weekly roundup: Vinfast’s EV charging network, new vehicle affordability, Biden eases fuel economy proposal

- March 22, 2024
Earlier this week: Pham Nhat Vuong, founder of VinFast, launched V-Green to develop a global EV charging network, aiming to enhance VinFast's market presence and lead in charging station density....
Daily Automotive News Articles
New car affordability improved in February thanks to income growth, price declines, lower interest rates, and healthy demand.

New vehicle affordability hits highest point in 2.5 years—prices, rates decline

- March 18, 2024
New vehicle affordability improved marginally in February as prices and interest rates declined and income growth continued, reflecting the car market's slow but steady shift toward consumer-friendly conditions. According to Cox...
Articles Headlines
New vehicle demand caused supply levels to fall over the course of February as the car market continued to show signs of normalization.

New vehicle inventory shrinks in early March as sales rise and prices fall

- March 15, 2024
Resilient consumer demand in February spurred new vehicle sales forward but dragged inventory levels down from January's above-average supply. The pace of sales intensified last month, moving at a seasonally adjusted...
Articles Headlines

Automotive weekly roundup: Falling new vehicle prices, rising negative equity, Chevy Blazer EV is back

- March 15, 2024
Earlier this week: New car prices took another dip, nudging closer to their pre-pandemic norms, especially for electric vehicles, which saw the sharpest declines. At the same time, the used...
Articles Daily Automotive News
New vehicle prices weakened in February as incentives, sales, and inventory surged, making the market more consumer friendly.

New vehicle prices continue falling in February as sales pace accelerates

- March 12, 2024
New vehicle prices dropped again in February, progressing toward pre-pandemic averages while sales and inventory improved. According to Cox Automotive, the average new vehicle transaction price in February was $47,244, 2.2%...
Articles Sales & Marketing

Tesla leads as used EV prices drop, GM resumes Chevy Blazer EV, Honda recalls over 250,000 vehicles

- March 12, 2024
Inside Automotive  Why the demand for F&I products is rising – Adam Marburger | Ascent Dealer Services In the current economic climate, where interest rates are high, and vehicle prices are soaring,...
Daily Newscast
Brian Moody joins Inside Automotive to discuss the ongoing trend of declining new vehicle prices and why this might actually help dealers.

New vehicle prices are falling. Why aren’t dealers worried? — Brian Moody | Cox Automotive

- March 11, 2024
New vehicle sales are holding steady in the U.S. as dealers prepare for a busy market in the months ahead. Unfortunately, the same can not be said for prices, which,...
Daily Automotive News Inside Automotive
Rivian surprised the industry with three, rather than one, new electric SUVs, which emphasize affordability through a smaller profile.

Rivian pauses Georgia plant to focus on 3 new electric SUVs

- March 8, 2024
Electric vehicle startup Rivian unveiled not one, not two, but three new battery-powered SUVs during a presentation hosted by founder and CEO RJ Scaringe on Thursday. Although details about one of...
Articles Headlines
Toyota North America's executive vice president of sales, Jack Hollis, shares his views on electric vehicles and the hybrid market.

Toyota EVP Jack Hollis on EVs, vehicle affordability, and inventory

- March 6, 2024
Toyota has taken a slower path to electrification than its competitors, choosing instead to prioritize hybrid and hydrogen-fueled vehicles. Although this tendency won the ire of many in the industry,...
Featured Daily Automotive News
"In addition to HEV batteries, PEVE plans to begin producing batteries for BEVs (battery EVs) and PHEVs (plug-in HEVs)," stated Toyota.

Toyota acquires control of PEVE, expands electric battery production

- March 5, 2024
On March 5, Toyota announced its agreement with Panasonic Holdings to acquire one of its joint ventures and turn it into a wholly owned subsidiary. The joint venture, Primearth EV Energy...
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