TSLA360.590-20.67001%
GM72.540-2.5%
F11.590-0.09%
RIVN15.4000.46%
CYD39.410-0.08%
HMC24.150-0.16%
TM207.010-2.66%
CVNA313.5481.45799%
PAG149.3400.18%
LAD251.8201%
AN197.680-0.29%
GPI329.450-1.34%
ABG194.7600.73%
SAH64.870-0.38%
TSLA360.590-20.67001%
GM72.540-2.5%
F11.590-0.09%
RIVN15.4000.46%
CYD39.410-0.08%
HMC24.150-0.16%
TM207.010-2.66%
CVNA313.5481.45799%
PAG149.3400.18%
LAD251.8201%
AN197.680-0.29%
GPI329.450-1.34%
ABG194.7600.73%
SAH64.870-0.38%
TSLA360.590-20.67001%
GM72.540-2.5%
F11.590-0.09%
RIVN15.4000.46%
CYD39.410-0.08%
HMC24.150-0.16%
TM207.010-2.66%
CVNA313.5481.45799%
PAG149.3400.18%
LAD251.8201%
AN197.680-0.29%
GPI329.450-1.34%
ABG194.7600.73%
SAH64.870-0.38%


auto industry news

April's new vehicle inventory levels remain well ahead of last year but are held back by strong demand.

New vehicle days’ supply shrinks as affordability drives demand

- April 19, 2024
New vehicle inventory was stable month-over-month in early April due to a sizeable increase in demand but remained far ahead of prior-year levels thanks to the recovery of OEM production. Cox...
Mexico will not provide government subsidies to Chinese automakers due to pressures from U.S. officials, one report claims.

Mexico denies BYD, other Chinese car makers, access to incentives

- April 18, 2024
Mexico has reportedly denied Chinese automakers access to government incentives due to pressures from U.S. officials. According to a Reuters report, Mexican officials met with BYD, a major Chinese automaker, in...
Used vehicle prices at auction declined in the first two weeks of April as sales cooled off from a tax-season-fueled surge.

Wholesale used vehicle prices slip in early April as sales pace slows

- April 18, 2024
Used vehicle prices at auction declined again in the first half of April as the average pace of sales slowed following a burst of demand in March. The total month-over-month decline...
The recent uptake of cars based on hydrogen fuel cell technology is declining in the United States, especially in California.

Hydrogen fuel cell car sales plummet amidst stiff competition from EVs

- April 17, 2024
The recent uptake of cars based on hydrogen fuel cell technology is declining in the United States, especially in California, where the availability of series-produced models is high. The Hydrogen Fuel...
A surge in used EV affordability means that buyers are hunting for deals, but getting an accurate value may be harder than it seems.

Does America have a used EV problem – or opportunity?

- April 17, 2024
In the US, there are two used cars on the road for every new one. Pre-owned auto sales is big business. Plummeting prices, soaring inventory, and tax season mean that...
General Motors plans to abandon its home since 1996 but will keep its headquarters in Detroit.

General Motors to move headquarters next year after almost 3 decades

- April 16, 2024
General Motors will move its headquarters from its home of nearly 30 years to the new Hudson's Detroit building located on Woodford Avenue. The move is scheduled to take place over...
Used car sales surged ahead of other segments in March as buyers hunted for budget-friendly options in today's challenging market.

Used car sales skyrocket in March as consumers hunt for deals

- April 16, 2024
Used car demand rapidly outpaced other segments in March, resulting in the highest retail sales volume in two years. According to Cox Automotive, dealers sold a combined 1.66 million used cars...
In this article, we took a closer look at the recent evolution of e-titling and how this innovation is driving success in the dealership.

Streamlining Title Acquisition: The Rise of E-Titling

- April 16, 2024
In the fast-paced world of automotive sales, time equals money. Every minute spent on paperwork and administrative tasks is a minute taken away from serving customers and closing deals. And...
New car prices declined slightly in March due to recoveries in inventory and incentive levels, but failed to boost monthly sales.

Average new car prices dip in March, but affordability remains distant

- April 15, 2024
New car prices dipped again in March amidst a resurgence in inventory and manufacturer incentives. Kelley Blue Book data indicates the average new car transaction price dipped 1% on a monthly...
An internal memo indicates that Tesla is planning to cut 10% of its global workforce following a slowdown in electric vehicle sales.

Tesla to lay off thousands of employees worldwide after Q1 sales disappoint

- April 15, 2024
Tesla plans to lay off more than 10% of its employees worldwide, according to an internal memo leaked earlier today. In the document, Tesla CEO Elon Musk wrote, "As we prepare...


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