TSLA301.890-5.55%
GM89.840-0.46%
F15.4500.49%
RIVN16.345-0.345%
CYD45.025-1.405%
HMC30.7150.435%
TM193.7107.41%
CVNA67.2901.22%
PAG222.9702.96%
LAD424.11565.80499%
AN231.25010.92%
GPI369.89019.24%
ABG252.67011.68%
SAH111.7807.09%
TSLA301.890-5.55%
GM89.840-0.46%
F15.4500.49%
RIVN16.345-0.345%
CYD45.025-1.405%
HMC30.7150.435%
TM193.7107.41%
CVNA67.2901.22%
PAG222.9702.96%
LAD424.11565.80499%
AN231.25010.92%
GPI369.89019.24%
ABG252.67011.68%
SAH111.7807.09%
TSLA301.890-5.55%
GM89.840-0.46%
F15.4500.49%
RIVN16.345-0.345%
CYD45.025-1.405%
HMC30.7150.435%
TM193.7107.41%
CVNA67.2901.22%
PAG222.9702.96%
LAD424.11565.80499%
AN231.25010.92%
GPI369.89019.24%
ABG252.67011.68%
SAH111.7807.09%

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Electric vehicles sales are now projected to reach 16.7 million units in 2024, down from 17.5 million earlier this year.

Researchers slash electric vehicle sales forecasts for 2024

- December 18, 2023
While electric vehicle sales are still on track to grow in 2024, analysts have grown more cautious toward the segment following a disappointing year of unexpectedly timid demand and disillusionment...
Articles Forecasts & Research
NHTSA acting director, Ann Carlson, announced that she was resigning effective December 26.

NHTSA’s acting head reveals resignation amidst stricter fuel economy standards

- December 18, 2023
On December 15, the National Highway Traffic Safety Administration's (NHTSA) interim director, Ann Carlson, announced that she was resigning, effective December 26. Before her departure, she oversaw the agency's investigations...
Headlines Articles
Dealers maintained carefully balanced inventories in November as the used vehicle segment grappled with lower sales and prices.

Used vehicle market holds course in November, sales and prices weaken

- December 18, 2023
November was a predominantly stable month for the used vehicle market, even though sales volumes, pricing and inventory levels trended in unsatisfactory directions. According to Cox Automotive, dealers sold an estimated...
Articles Sales & Marketing
New vehicle supply rose 57% year-over-year over November and into December, with some automakers adjusting production rates in response.

New vehicle supply reaches two-year high in early December

- December 15, 2023
New vehicle supply has made a substantial recovery throughout 2023, culminating in December's initial inventory total of 2.56 million units, the highest levels seen since early 2021. That number represents a...
Articles Headlines
Automotive industry shifts and trends: New car prices fall, hybrid demand up, Asbury acquires Koons, EV sales grow, UAW actions.

Weekly roundup: New car prices fall, hybrid demand rises, Asbury acquisition, UAW labor disputes

- December 15, 2023
Earlier this week: New car prices saw a decline in November, with Tesla being the most affected. Hybrid vehicles are gaining momentum as manufacturers balance the shift to electric vehicles...
Daily Automotive News Articles

2024 auto industry disruptors, number of dealers selling EVs triples, Cruise lays off 900 workers

- December 15, 2023
Inside Automotive  Dealer association presidents react to Hyundai-Amazon partnership and Biden EV push The last year has been one of the busiest for dealer associations as the industry grapples with a host...
Daily Newscast
Since 2020, the share of new car dealers selling electric vehicles has risen from 16.5% to 55.1%, defying market headwinds and slow demand.

Number of new car dealers selling electric vehicles triples from 2020

- December 14, 2023
More than half of all car dealers are selling electric vehicles in 2023, according to automotive data platform iSeeCars. Since the onset of the COVID pandemic, the number of non-Tesla dealers...
Articles Sales & Marketing
The EV mandate, among other challenges, caught Lusk's attention as a significant initiative that substantially impacted the industry.

EV mandates, affordability concerns are challenging the auto industry – Cody Lusk | AIADA

- December 14, 2023
As we reflect on the year 2023, we recognize that dealers have been met with a myriad of challenges and successes along the way. Today, our spotlight is on international...
Daily Automotive News Inside Automotive
Ford plans to cut F-150 Lightning production in half as the industry faces normalizing ICE sales and unexpectedly low EV demand.

Ford cuts F-150 Lightning production on slowing EV demand

- December 12, 2023
Ford plans to cut production of the F-150 Lightning electric pickup in response to lower-than-anticipated EV demand in the U.S. The Detroit automaker said it would reduce its annual production target...
Articles Headlines

Hybrids gain traction, Ohio opens first Gov. funded EV charging station, auto loan access declines in Nov.

- December 12, 2023
Inside Automotive  How dealers can successfully navigate changes in the F&I department – Cory Collins A vital role of the F&I department is customer education. However, procedures and training in this domain...
Daily Newscast


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