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

Dave Cantin and Ken Ganley discuss market trends, M&A activity, and the future of EVs

- August 7, 2024
In a rapidly evolving automotive landscape, industry experts are navigating a transformative period marked by the rise of electric and hybrid vehicles, shifting regulatory pressures, and dynamic dealership acquisitions. In...
Daily Automotive News Inside M&A
Honda operating profits (yen)

Honda reports 23% Q1 profit increase amid strong U.S. hybrid sales and weaker yen

- August 7, 2024
Japan's Honda announced a 23% increase in first-quarter profit, driven by a weaker yen, higher pricing, and robust hybrid vehicle sales in the U.S. and its home market. The automaker's...
Headlines Articles

Harris picks Walz as running mate, Honda sees 23% Q1 profit surge, TrueCar’s losses shrink despite cyberattack

- August 7, 2024
Top stories Kamala Harris chooses Minnesota Governor Tim Walz as running mate. Read More Honda reports 23% Q1 profit increase amid strong U.S. hybrid sales and weaker yen. Read More TrueCar's net losses...
Daily Newscast
TrueCar reported improved financial results in the second quarter despite facing vehicle sales slowdowns among dealers affected CDK Global

TrueCar’s net losses shrink despite CDK Global cyberattack impact

- August 7, 2024
TrueCar reported improved financial results in the second quarter despite facing vehicle sales slowdowns among dealers affected by the CDK Global cyberattacks. The vehicle listings company posted a net loss...
Headlines Articles
Before joining Cox Automotive, Kraft led marketing and sales operations at Cox Business, the commercial services of Cox Communications.

Cox Automotive expands Ken Kraft’s role to lead sales and marketing

- August 7, 2024
Cox Automotive has announced an expanded leadership role for Executive Vice President and Chief Marketing Officer Ken Kraft, who will oversee the company’s sales organization. Kraft will continue to report...
Headlines Articles
In 2024, franchised car dealerships face challenges due to economic uncertainties, consumer behaviors, and rapid technological advancements.

Practical ways to boost sales

- August 7, 2024
In 2024, franchised new car dealerships face many challenges to their operations. The automotive sales landscape is more competitive than ever, from economic uncertainties to shifting consumer behaviors to rapid...
Articles Sales & Marketing

Florida Auto Dealers assess storm Debby, Lucid gains $1.5B investment, Nissan cuts U.S. workforce

- August 6, 2024
Top stories Florida Auto Dealers assess the impact of Tropical Storm Debby. Read More Lucid secures $1.5 billion investment from Saudi Arabia's Public Investment Fund to boost SUV production. Read More Nissan cuts...
Daily Newscast
Lucid announced on August 5, 2024, that its largest shareholder, Saudi Arabia's Public Investment Fund (PIF), will inject up to $1.5B in cash

Lucid secures $1.5 billion investment from Saudi Arabia’s PIF to boost SUV production

- August 6, 2024
Lucid announced on August 5, 2024, that its largest shareholder, Saudi Arabia's Public Investment Fund (PIF), will inject up to $1.5 billion in cash to ramp up production of a...
Headlines Articles
Nissan is set to cut its U.S. salaried workforce through a voluntary severance program as it faces declining fortunes.

Nissan cuts U.S. salaried workforce amid market struggles

- August 6, 2024
Nissan is set to reduce its U.S. salaried workforce through a voluntary severance program as the automaker faces declining fortunes in its second-largest market. The program targets white-collar employees, with...
Headlines Articles
Uber exceeded Wall Street estimates for Q2 revenue and core profit, driven by steady demand for its ride-sharing and food-delivery services.

Uber beats wall street estimates with strong Q2 performance

- August 6, 2024
Uber exceeded Wall Street estimates for second-quarter revenue and core profit, driven by steady demand for its ride-sharing and food-delivery services. The company’s shares rose 5% in pre-market trading following...
Headlines Articles

Latest Articles
Latest Articles 04/04/26

Weekly roundup: Stellantis to add 10k jobs, GM leads in Q1 2026 sales, Federal judge partially allows lawsuit against VW to proceed
Latest Articles 04/03/26

White House revises metals tariffs, Stellantis eyes Canada EVs with Leapmotor, NHTSA considers ban on faulty Chinese airbags

Ed Morse Automotive Group acquires Porsche Des Moines in Iowa
Latest Articles 04/03/26

Ed Morse Automotive Group acquires Porsche Des Moines in Iowa

GM to invest more than $150 million in Saginaw Metal Casting Plant
Latest Articles 04/03/26

GM to invest more than $150 million in Saginaw Metal Casting Plant

White House revises metals tariffs, shifts calculation method
Latest Articles 04/03/26

White House revises metals tariffs, shifts calculation method

Stellantis explores EV production in Canada with China’s Leapmotor
Latest Articles 04/03/26

Stellantis explores EV production in Canada with China’s Leapmotor

NHTSA weighs U.S. ban on defective Chinese airbag components
Latest Articles 04/03/26

NHTSA weighs U.S. ban on defective Chinese airbag components

Toyota bets on EV rebound with seven-model U.S. lineup
Latest Articles 04/03/26

Toyota bets on EV rebound with seven-model U.S. lineup

Affordability takes center stage at the 2026 NY Auto Show
Latest Articles 04/03/26

Affordability takes center stage at the 2026 NY Auto Show

Legal battles reshape car sales
Latest Articles 04/03/26

Legal battles reshape car sales


CBT News
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