TSLA348.750-6.06001%
GM86.2700.09%
F13.870-0.08%
RIVN16.070-0.73%
CYD38.210-2.18%
HMC31.8600.53%
TM194.4802.48%
CVNA74.040-0.05%
PAG217.010-0.84%
LAD370.360-0.68%
AN200.0901.34%
GPI263.9501.91%
ABG211.6200.95%
SAH79.6800.39%
TSLA348.750-6.06001%
GM86.2700.09%
F13.870-0.08%
RIVN16.070-0.73%
CYD38.210-2.18%
HMC31.8600.53%
TM194.4802.48%
CVNA74.040-0.05%
PAG217.010-0.84%
LAD370.360-0.68%
AN200.0901.34%
GPI263.9501.91%
ABG211.6200.95%
SAH79.6800.39%
TSLA348.750-6.06001%
GM86.2700.09%
F13.870-0.08%
RIVN16.070-0.73%
CYD38.210-2.18%
HMC31.8600.53%
TM194.4802.48%
CVNA74.040-0.05%
PAG217.010-0.84%
LAD370.360-0.68%
AN200.0901.34%
GPI263.9501.91%
ABG211.6200.95%
SAH79.6800.39%


auto industry news

A new electric vehicle credit transfer process has resulted in the distribution of $135 million to car dealers since the start of the year.

Treasury says new electric vehicle credit process seeing early success

- February 14, 2024
The U.S. Department of Treasury has distributed $135 million in electric vehicle credit reimbursements to car dealers since the start of the year after implementing a process that allows consumers...
Sonic Automotive recorded impressive financial gains but struggled to maintain momentum across all divisions as profit margins shrank.

Sonic Automotive doubles annual profit as margins face pressure

- February 14, 2024
Sonic Automotive saw earnings and revenues rise over the course of 2023 even as profitability headwinds put downward pressure on margins, according to the company's quarterly and full-year earnings released...
On January 24, the United Auto Workers union backed President Joe Biden, a long-awaited move that significantly boosted the president.

UAW endorses Biden, boosting his campaign for reelection

- January 25, 2024
On January 24, the United Auto Workers union backed President Joe Biden, a long-awaited move that significantly boosted the president. The endorsement comes as the Biden campaign entirely shifts its focus...
Todd Katcher joins Driving Solutions to discuss how technology is helping dealership employees stay motivated, engaged, and accountable.

Boost your dealership’s profitability with advanced, customizable digital reports — Todd Katcher | Digital Dealership System

- January 23, 2024
More than ever, dealers are relying on technology to help them run their businesses, serve their customers, and help employees reach new heights. But not all tools are created equal:...
UAW President Shawn Fain condemned Stellantis for terminating 539 temporary workers, calling it "heinous" and "shameful."

UAW Pres. scolds Stellantis for laying off 539 temporary employees

- January 17, 2024
During a recent Facebook livestreaming event, President of the United Auto Workers (UAW), Shawn Fain, referred to Stellantis' recent decision to terminate roughly 539 temporary workers as "heinous" and "shameful,"...
VinFast unveiled two cars at the Consumer Electronics Show in Las Vegas this year, both having the potential to succeed in the U.S. market.

VinFast debuts midsize truck and electric utility vehicle at CES for the U.S. market

- January 11, 2024
Vietnamese automaker, VinFast, unveiled two cars at the Consumer Electronics Show (CES) in Las Vegas this year. A midsize pickup truck, similar to the Toyota Tacoma, and a small electric...
Kia, Ford, and Toyota dominated their segments at the 2024 North American Car, Truck, and Utility of the Year awards.

Kia, Ford, Toyota models dominate auto segments at NACTOY

- January 5, 2024
The winners of the 2024 North American Car, Truck, and Utility of the Year (NACTOY) awards are now finalized, offering insight into the vehicles re-defining their segments. NACTOY award recipients are...
Detroit automaker Ford is planning to recall nearly 113,000 of its best-selling F-150 pickup trucks due to a defective rear axle hub bolt.

Ford to recall nearly 113,000 F-150s due to defective rear axle

- January 5, 2024
Detroit automaker Ford is planning to recall nearly 113,000 of its best-selling F-150 pickup trucks due to a defective rear axle hub bolt. A National Highway of Traffic Safety (NHTSA) report...
Self-driving tech company Mobileye predicts a downturn in the automotive chip company due to excess inventory accrued during the pandemic.

Mobileye predicts headwinds for 2024 self-driving market

- January 5, 2024
The automotive chip market is set to take a downturn in 2024, following a new report from self-driving technology company Mobileye. In its forecast for the new year, Mobileye, owned by...
Marion plant

Car manufacturers report impressive sales gains for 2023, GM tops list

- January 4, 2024
Domestic and import car manufacturers jostled for market share throughout 2023 but made overwhelming progress in year-over-year sales as production, affordability, and demand normalized. General Motors recorded a sales increase of...


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