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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Used vehicle sales rise, Tesla CFO resigns, Lucid drops Air prices

- August 8, 2023
Inside Automotive The halfway point: where car dealers see themselves in the next 6 months — Scott Gruwell | Courtesy Automotive Group For the better part of seven decades, the Courtesy Automotive...
Electric vehicle maker, Lucid, cut prices of its Air luxury sedans by as much as $12,400. The cuts are part of an ongoing offer amid rising competition in the U.S. EV industry and a price war sparked by Tesla.

Lucid slashes price of its Air sedan due to growing competition

- August 7, 2023
Electric vehicle maker, Lucid, cut prices of its Air luxury sedans by as much as $12,400. The cuts are part of an ongoing offer amid rising competition in the U.S....
On today’s CBT NOW, we’re pleased to welcome back Karl Brauer, the Executive Analyst for iSeeCars.com, where Brauer will shed some insight into the numbers and what’s happening with the turbulent used car market overall.

Examining the ‘turbulent’ used car market — Karl Brauer | iSeeCars

- August 7, 2023
According to the most recent iSeeCars study, used electric vehicle prices have fallen by nearly 30%! On today’s CBT Now, we’re pleased to welcome back Karl Brauer, the Executive Analyst...
Fisker has reduced its annual production guidance for 2023 following a complicated second quarter for the electric vehicle brand.

Fisker scores positive margin on electric vehicles but lowers production goal

- August 4, 2023
Fisker has reduced its annual production guidance for 2023 following a complicated second quarter for the electric vehicle brand. The car manufacturer earned only $825,000 in revenue for the period, posting...
For dealerships specializing in brands known for driver engagement, the transition to EV performance cars brings challenges and opportunities.

Closer look: the impact of electrification on performance cars

- July 26, 2023
Like it or not, the car business is advancing toward an electric future. Government mandates are pushing automakers to electrify their lineups. This tremendous shift is already impacting the performance...
On today’s edition of Inside Automotive, we’re pleased to welcome Ted Smith, President of the Florida Automobile Dealers Association (FADA).

FADA Pres. Ted Smith on direct-to-consumer sales ban, Ford’s Model e program

- July 24, 2023
In June, Florida Governor Ron Desantis signed a bill banning direct-to-consumer sales (excluding Tesla) to protect franchise dealers in the state, which went into effect on July 1. On this...

Inflation loses steam, Lucid announces deliveries, car prices stall

- July 13, 2023
Inside Automotive How AI is helping dealers engage with car buyers — Kevin Pitts | BMW of Reading As today's car buyers evolve, so must the technology within the dealership, which is...
Electric vehicle startup Lucid has announced its production and delivery numbers for Q2 as it prepares to release its financial results.

Lucid falls behind on production but maintains sales pace in Q2

- July 12, 2023
Electric vehicle startup Lucid has revealed its production and delivery numbers for the second quarter as it prepares to take shareholder questions during the release of its financial results. From April...
Electric vehicle brand Lordstown Motors is suing its former business partner Foxconn after filing for bankruptcy on June 27.

Lordstown Motors sues former partner Foxconn after filing for bankruptcy

- June 27, 2023
Electric vehicle brand Lordstown Motors is suing its former business partner Foxconn after filing for bankruptcy on June 27. The conflict stems from a deal struck by the two companies last...
capital shift Tynan

A closer look at current leasing trends and their long-term effects — Kevin Tynan | Bloomberg Intelligence

- June 19, 2023
Bloomberg Intelligence recently released its 2023 North American Auto Manufacturing Midyear Outlook. On today's Inside Automotive, we're joined by Kevin Tynan, Senior Automotive Analyst for Bloomberg Intelligence, to walk us...
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