TSLA364.270-1.93%
GM82.200-4.42%
F13.210-0.4%
RIVN14.990-0.41%
CYD35.4000.88%
HMC32.200-0.33%
TM191.530-2.38%
CVNA65.120-0.72%
PAG212.610-2.14%
LAD316.270-5.41%
AN168.290-6.59%
GPI246.420-8.53%
ABG183.060-4.85%
SAH63.660-2.29%
TSLA364.270-1.93%
GM82.200-4.42%
F13.210-0.4%
RIVN14.990-0.41%
CYD35.4000.88%
HMC32.200-0.33%
TM191.530-2.38%
CVNA65.120-0.72%
PAG212.610-2.14%
LAD316.270-5.41%
AN168.290-6.59%
GPI246.420-8.53%
ABG183.060-4.85%
SAH63.660-2.29%
TSLA364.270-1.93%
GM82.200-4.42%
F13.210-0.4%
RIVN14.990-0.41%
CYD35.4000.88%
HMC32.200-0.33%
TM191.530-2.38%
CVNA65.120-0.72%
PAG212.610-2.14%
LAD316.270-5.41%
AN168.290-6.59%
GPI246.420-8.53%
ABG183.060-4.85%
SAH63.660-2.29%

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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...

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...

UAW files charges against nonunion automakers, Ford cuts F-150 production, Asbury finalizes $1.2 billion acquisition

- December 13, 2023
Inside Automotive  Adapting your sales strategies to the current retail automotive market – Jen Suzuki The retail automotive sales industry has been facing several challenges, including changes in customer behavior and rising...
On Dec 11, the UAW Union filed unfair labor practice charges against Hyundai, Honda, and Volkswagen for interfering with organizing workers.

UAW files charges against Honda, Hyundai, and VW alleging unfair labor practices

- December 12, 2023
The United Auto Workers Union has filed unfair labor practice charges against Hyundai, Honda, and Volkswagen with the National Labor Relations Board. The charges accuse the automakers of unlawfully interfering...

UAW recruits VW plant workers, dealer optimism survey results, Stellantis announces layoffs

- December 11, 2023
Inside Automotive Why the electric vehicle market is taking forever to grow — Karl Brauer | iSeeCars.com The electric vehicle market has faced a tough year in 2023, with the initial excitement...
The United Auto Workers union says that 30% of employees at Volkswagen's only U.S. plant have joined its efforts to unionize the car industry.

United Auto Workers scores initial victory at non-union Volkswagen plant

- December 8, 2023
The United Auto Workers union says 30% of Volkswagen employees at the company's Tennessee plant have joined the nationwide effort to organize labor across the automotive industry. It took only a...
Ford saw sales fall slightly in November on both a monthly and yearly basis, but achieved success through its hybrid and EV lineups.

Ford ICE sales dip in November as hybrids, EVs shine

- December 5, 2023
Ford Motor Company's U.S. vehicle sales dipped in November on both a monthly and yearly basis as the automotive industry continues to grapple with normalizing demand. The Detroit automaker sold 145,559...
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....
Ford is committed to identifying cost-cutting measures, including a $12 billion scale-back in future electric vehicle (EV) investment.

Ford reissues 2023 guidance, reveals $8.8 billion cost of labor deal

- November 30, 2023
In its latest financial update, Ford Motor Company has reissued its 2023 guidance, a month after withdrawing it due to the ongoing labor strikes and negotiations with the United Auto...
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