TSLA378.9003.6%
GM83.450-0.5%
F13.100-0.07%
RIVN15.140-0.22%
CYD35.0500.01%
HMC32.420-0.11%
TM192.060-0.44%
CVNA65.360-1.82%
PAG209.860-2.3%
LAD312.320-3.83%
AN169.6100.85%
GPI253.7502.88%
ABG187.0602.51%
SAH65.340-0.58%
TSLA378.9003.6%
GM83.450-0.5%
F13.100-0.07%
RIVN15.140-0.22%
CYD35.0500.01%
HMC32.420-0.11%
TM192.060-0.44%
CVNA65.360-1.82%
PAG209.860-2.3%
LAD312.320-3.83%
AN169.6100.85%
GPI253.7502.88%
ABG187.0602.51%
SAH65.340-0.58%
TSLA378.9003.6%
GM83.450-0.5%
F13.100-0.07%
RIVN15.140-0.22%
CYD35.0500.01%
HMC32.420-0.11%
TM192.060-0.44%
CVNA65.360-1.82%
PAG209.860-2.3%
LAD312.320-3.83%
AN169.6100.85%
GPI253.7502.88%
ABG187.0602.51%
SAH65.340-0.58%

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Electric vehicle brands Lucid, Rivian, and VinFast posted financial results this week that underscored the market's current struggles.

Electric vehicle startups post mixed Q4 earnings results

- February 22, 2024
Three electric vehicle startups, Lucid, Rivian, and VinFast, posted their fourth-quarter results this week amidst a backdrop of souring forecasts on the battery-powered car segment, fueled by lower-than-expected sales and...

Farley urges investors to focus on Ford Pro, Cruise VP abruptly resigns, Lucid cuts Air sedan prices

- February 19, 2024
Inside Automotive  How dealerships can leverage social media to build trust and drive sales – Marc Lavoie In today's landscape, nearly everyone is on social media, and it's especially crucial for those in...
On February 15, Lucid implemented its second price reduction in two months for the Air Pure sedan, now starting at an MRSP below $69,900. 

Lucid cuts Air Pure sedan prices to address buyer concerns and boost sales

- February 16, 2024
On February 15, Lucid implemented its second price reduction in two months for the Air sedan, now starting at an MRSP below $69,900.  With the release of its second all-electric model...

Vandals set fire to Waymo robotaxi, vehicle financing trends, Rivian slashes R1T, R1S prices

- February 13, 2024
Inside Automotive  How this independent dealership prioritizes affordability and beats the odds – Scott Dooley | Carbox Independent car dealers are essential in offering diverse and personalized experiences to consumers. However, they...
Rivian, the electric truck and SUV manufacturer has cut $3,100 off the base models in anticipation of the release of its more affordable R2.

Rivian shaves off over $3,000 for R1T and R1S base models

- February 12, 2024
As demand for EVs declines in the face of a faltering economy, automakers have slashed their costs for EVs during the past year. Before companies like Ford and Lucid followed...
Dealers' EV concerns, auto retail gains, UAW campaign, Rivian leasing, and Sheehy Auto's charity— all in one article.

Weekly roundup: dealers confront Biden on EV policy, UAW expands unionization, Rivian introduces leases

- December 1, 2023
Earlier this week: Thousands of U.S. dealerships, operating as "EV Voice of the Customer," expressed concerns to President Biden about proposed emissions standards in an open letter. Nov. U.S. new-vehicle...

UAW’s bold unionization plans, Chevy’s SUV redesign, Ford’s revised economic forecast

- December 1, 2023
Inside Automotive  The current state of the buy/sell market and dealerships valuations – Alan Haig | Haig Partners Typically, dealerships’ value is compromised of tangible assets such as cash, inventory, equipment, and goodwill....
Notably, the UAW is not guaranteeing the successful organization of every plant or automaker participating in this campaign.

UAW launches ambitious campaign to unionize non-Detroit automakers

- November 30, 2023
The United Auto Workers (UAW) union has announced a bold initiative to organize 13 non-union automakers operating in the United States. This announcement comes in the wake of the UAW's...
Lucid has ventured into the lucrative and competitive SUV industry with its debut, the Gravity, built on the same platform as its Air sedan.

Lucid unveils its electric Gravity SUV, offering 440 miles of range

- November 23, 2023
The California-based startup Lucid has ventured into the lucrative and fiercely competitive SUV industry with its debut offering, the Gravity, built on the same platform as its Air sedan. Lucid claims...

Ford adjusts Michigan battery plant strategy, Lucid debuts electric SUV, Toyota Lexus teams up with Salvation Army

- November 23, 2023
Inside Automotive  Actionable steps to improve diversity within the dealership — Fernando Varela | Varela Group National Hispanic Heritage Month is a time to celebrate diversity and reflect on the culture and...
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