TSLA367.160-8.07%
GM83.050-0.95%
F12.050-0.05%
RIVN12.950-0.42%
CYD26.570-1.22%
HMC33.4500.12%
TM188.600-0.11%
CVNA57.960-2.43%
PAG194.790-0.88%
LAD281.490-5.29%
AN153.190-2.13%
GPI228.370-3.22%
ABG161.970-2.57%
SAH60.050-1.01%
TSLA367.160-8.07%
GM83.050-0.95%
F12.050-0.05%
RIVN12.950-0.42%
CYD26.570-1.22%
HMC33.4500.12%
TM188.600-0.11%
CVNA57.960-2.43%
PAG194.790-0.88%
LAD281.490-5.29%
AN153.190-2.13%
GPI228.370-3.22%
ABG161.970-2.57%
SAH60.050-1.01%
TSLA367.160-8.07%
GM83.050-0.95%
F12.050-0.05%
RIVN12.950-0.42%
CYD26.570-1.22%
HMC33.4500.12%
TM188.600-0.11%
CVNA57.960-2.43%
PAG194.790-0.88%
LAD281.490-5.29%
AN153.190-2.13%
GPI228.370-3.22%
ABG161.970-2.57%
SAH60.050-1.01%


auto industry news

Ford announced that federal tax credits for its electric Mustang Mach-E vehicles may no longer be available starting in January 2024.

Electric Mach-E could lose eligibility for U.S. tax credits, says Ford

- December 7, 2023
On December 6, Ford announced that the federal tax credits for its electric Mustang Mach-E vehicles may no longer be available starting in January 2024. This is due to the...
Dealership service centers are facing more competition than ever from third-party repair and maintenance providers according to a new study.

Dealerships respond to rising competition with third-party service providers

- December 6, 2023
Dealership service centers have continued to lose business to non-franchised repair and maintenance providers, according to new research from Cox Automotive. Over the last few years, fixed op profitability has mostly...
In all industries' in-store retail shopping experience is declining. But Peter Cooper, joins us to discuss what this means for the industry.

How dealerships can optimize the customer experience – Peter Cooper | Lexus of Lehigh Valley

- December 4, 2023
The Wall Street Journal recently reported that all industries' in-store retail shopping experience is declining. But, when it comes to retail automotive, what could that mean for dealers? Peter Cooper,...
Let's delve into the fascinating interplay of psychology and decision-making as we dissect the car buyer's journey

Decoding car buyer personas: Understanding emotional triggers and decision-making factors

- December 4, 2023
Everyone likes to think they're logical. That their decisions, particularly those with substantial financial implications, like purchasing a car, are based purely on objective analysis. Yet, more often than not,...
Aaron Bickart joins Driving Solutions to discuss the crucial role leasing will play in boosting dealership revenues in the months to come.

The role of leasing in a normalizing car market — Aaron Bickart | OfferLogix

- November 28, 2023
With signs of pre-pandemic norms returning to the market, car dealers are beginning to consider alternative strategies, such as leasing, to maintain their profit margins. Understanding the industry's current trajectory...
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...
United Auto Workers members at facilities in Kentucky and Michigan have voted against contracts proposed by Detroit-Three OEMs.

United Auto Workers members at 3 plants vote no on Ford, GM deals

- November 13, 2023
United Auto Workers members at three key facilities in Kentucky and Michigan have voted to reject their respective contracts with Detroit-Three manufacturers, raising concerns about the union's efforts to move...
Used car supply improved from October but declined from last November, while prices failed to rise during the United Auto Workers strike.

Used car supply remains stable in November, pricing weakens

- November 13, 2023
Used car supply remains under pressure in November, as high new vehicle prices force many consumers to wait on their next purchase. According to Cox Automotive, dealers started the month with...
Tesla made a deal to sell its Supercharger under the EG Group, a central gas station, marking the second agreement of its kind.

Tesla signs second major deal to sell its Supercharger

- November 13, 2023
Tesla has agreed to sell its Supercharger under the EG Group, a central gas station and convenience store operator. The deal marks the second of its kind that Tesla has...
To calculate 5-year depreciation rates, iSeeCars examined more than 1.1 million vehicles to determine which cars hold their value better.

Discover the best and worst vehicles that hold their value

- November 13, 2023
In order to calculate five-year depreciation rates, iSeeCars examined more than 1.1 million vehicles sold between November 2022 and October 2023. This data's historical comparison revealed that depreciation was lower...


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