TSLA377.940-2.18%
GM80.570-3.2%
F12.605-0.335%
RIVN15.2900.27%
CYD31.200-3.4%
HMC32.1900.04%
TM186.720-3.64%
CVNA64.1900.24%
PAG207.970-1.69%
LAD309.6002.58%
AN162.890-2.16%
GPI247.7900.28%
ABG179.940-1.58%
SAH62.4800.11%
TSLA377.940-2.18%
GM80.570-3.2%
F12.605-0.335%
RIVN15.2900.27%
CYD31.200-3.4%
HMC32.1900.04%
TM186.720-3.64%
CVNA64.1900.24%
PAG207.970-1.69%
LAD309.6002.58%
AN162.890-2.16%
GPI247.7900.28%
ABG179.940-1.58%
SAH62.4800.11%
TSLA377.940-2.18%
GM80.570-3.2%
F12.605-0.335%
RIVN15.2900.27%
CYD31.200-3.4%
HMC32.1900.04%
TM186.720-3.64%
CVNA64.1900.24%
PAG207.970-1.69%
LAD309.6002.58%
AN162.890-2.16%
GPI247.7900.28%
ABG179.940-1.58%
SAH62.4800.11%

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In this week's top automotive stories, Tesla plans to lay off 10% of its workforce and Mexico refuses to give Chinese car makers incentives.

Governors share anti-union statement ahead of key VW vote

- April 17, 2024
Republican governors from six states have issued a statement warning residents against unionization as employees at Volkswagen's Tennessee plant prepare for a vote to decide whether they will join the...
A surge in used EV affordability means that buyers are hunting for deals, but getting an accurate value may be harder than it seems.

Does America have a used EV problem – or opportunity?

- April 17, 2024
In the US, there are two used cars on the road for every new one. Pre-owned auto sales is big business. Plummeting prices, soaring inventory, and tax season mean that...
General Motors plans to abandon its home since 1996 but will keep its headquarters in Detroit.

General Motors to move headquarters next year after almost 3 decades

- April 16, 2024
General Motors will move its headquarters from its home of nearly 30 years to the new Hudson's Detroit building located on Woodford Avenue. The move is scheduled to take place over...
Cars.com 2024 list of best-value new cars has been updated to include a wider range of vehicles, such as compact cars & various SUV sizes.

New-car inventory rises and best-value cars for 2024 revealed, Cars.com report

- April 16, 2024
According to the most recent Cars.com report, new-car inventory is on the rise—particularly in the under $30,000 segment—marking a significant recovery. Vehicles now average 65 days on the market, more...
Used car sales surged ahead of other segments in March as buyers hunted for budget-friendly options in today's challenging market.

Used car sales skyrocket in March as consumers hunt for deals

- April 16, 2024
Used car demand rapidly outpaced other segments in March, resulting in the highest retail sales volume in two years. According to Cox Automotive, dealers sold a combined 1.66 million used cars...

Used car sales skyrocket, GM plans HQ move, Fisker adds dealerships

- April 16, 2024
Inside Automotive Simple strategies to attract and retain fixed-ops talent — Ryan Haskell | Jeff Wyler Automotive Family Dealership fixed-ops departments require educated and well-trained employees to succeed, making the current technician shortage...
In this article, we took a closer look at the recent evolution of e-titling and how this innovation is driving success in the dealership.

Streamlining Title Acquisition: The Rise of E-Titling

- April 16, 2024
In the fast-paced world of automotive sales, time equals money. Every minute spent on paperwork and administrative tasks is a minute taken away from serving customers and closing deals. And...
A government report revealed that consumer inflation remained high last month due to increased interest rates and hiked insurance premiums

Inflation may affect interest rate cuts due to high auto insurance and gas prices

- April 15, 2024
A government report released on April 10 revealed that consumer inflation remained high last month due to increased expenses such as gas prices, rent, and auto insurance premiums. This data...
An internal memo indicates that Tesla is planning to cut 10% of its global workforce following a slowdown in electric vehicle sales.

Tesla to lay off thousands of employees worldwide after Q1 sales disappoint

- April 15, 2024
Tesla plans to lay off more than 10% of its employees worldwide, according to an internal memo leaked earlier today. In the document, Tesla CEO Elon Musk wrote, "As we prepare...
Ohio Senator Sherrod Brown is calling on the White House to implement an outright ban on electric vehicle imports from China.

Lawmaker escalates attack on China-made electric vehicles, calls for ban

- April 12, 2024
Calls for a ban on China-made electric vehicles have escalated in recent weeks following the launch of an investigation in February into whether such products present a risk to the...
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