TSLA433.5907.58%
GM79.7901%
F15.3250.395%
RIVN14.3900.17%
CYD59.0401.69%
HMC26.420-0.05%
TM190.0901.01%
CVNA70.1501.87%
PAG166.5901.86%
LAD283.0506.47%
AN191.7601.78%
GPI329.6303.45%
ABG190.0202.3%
SAH78.6900.53%
TSLA433.5907.58%
GM79.7901%
F15.3250.395%
RIVN14.3900.17%
CYD59.0401.69%
HMC26.420-0.05%
TM190.0901.01%
CVNA70.1501.87%
PAG166.5901.86%
LAD283.0506.47%
AN191.7601.78%
GPI329.6303.45%
ABG190.0202.3%
SAH78.6900.53%
TSLA433.5907.58%
GM79.7901%
F15.3250.395%
RIVN14.3900.17%
CYD59.0401.69%
HMC26.420-0.05%
TM190.0901.01%
CVNA70.1501.87%
PAG166.5901.86%
LAD283.0506.47%
AN191.7601.78%
GPI329.6303.45%
ABG190.0202.3%
SAH78.6900.53%


auto industry

UAW threatens strike over Stellantis plant, GM cuts 1,000 jobs, Trump eyes ending EV tax credit

- August 20, 2024
Top stories UAW threatens national strike over Stellantis’ failure to meet Belvidere plant commitments. GM lays off over 1,000 software and services division employees amid strategic streamlining. Read More Trump considers ending...
Daily Newscast
GM is laying off more than 1,000 salaried employees globally within its Software and Services division following a strategic review.

GM lays off over 1,000 software and services division employees amid strategic streamlining

- August 20, 2024
General Motors (GM) is laying off more than 1,000 salaried employees globally within its Software and Services division following a strategic review to streamline operations. The cuts include approximately 600...
Headlines Articles
Republican presidential candidate Donald Trump stated that if elected, he might end the $7,500 tax credit for electric vehicles.

Trump considers ending EV tax credit, praises Musk for potential cabinet role, threatens tariffs on Mexican-made cars

- August 20, 2024
At a campaign event in Asheville, North Carolina, Republican presidential candidate Donald Trump stated that if elected, he might end the $7,500 tax credit for electric vehicle (EV) purchases. Trump...
Headlines Articles
Wholesale used-vehicle prices have risen by 0.5% from July during the first half of August, as the Manheim Used Vehicle Value rose to 202.6.

Wholesale used vehicle prices rose 0.5% in early August

- August 20, 2024
Wholesale used-vehicle prices have risen by 0.5% from July during the first half of August, as the Manheim Used Vehicle Value Index increased to 202.6. Despite the month-over-month growth, the...
Headlines Articles
Joining us on the recent episode of Inside Automotive to talk more about that is Jeff Dyke, the President of Sonic Automotive.

Sonic Automotive surges 76% despite CDK outage; Jeff Dyke explains resilience strategies

- August 20, 2024
Despite the estimated 1.02 billion dollar loss for dealerships due to the CDK Global outage, Sonic Automotive’s second-quarter net income is up 76% year-over-year. Joining us on the recent episode...
Inside Automotive Management & Leadership
Maintaining steady sales and profits can be challenging with fluctuating consumer demands, high vehicle prices, and low inventory. 

How dealerships can grow sales and profits by adopting resilient marketing strategies

- August 20, 2024
In this competitive market, car dealerships face numerous challenges. Maintaining steady sales and profits can be challenging with fluctuating consumer demands, high vehicle prices, and low inventory.  As market conditions and...
Articles Sales & Marketing

ALM and Escude expand dealerships, Rivian halts EDV production, Genesis boosts U.S. presence

- August 19, 2024
Top stories ALM and Escude Auto Groups expand with key dealership acquisitions. Read More Rivian halts EDV production due to parts shortage amid scaling challenges. Read More Genesis expands U.S. presence and unveils...
Daily Newscast
Genesis is strengthening its luxury brand image in the U.S. by opening new retail facilities and launching high-performance vehicles.

Genesis expands U.S. presence and unveils high-performance EVs

- August 19, 2024
Genesis is rapidly strengthening its luxury brand image in the U.S. by opening new stand-alone retail facilities and launching high-performance vehicles. The brand recently announced the opening of 21 new...
Articles Headlines
Rivian has temporarily halted production of its Electric Delivery Vans (EDVs) for Amazon at its Normal, IL plant due to a parts shortage.

Rivian halts EDV production due to parts shortage amid scaling challenges

- August 19, 2024
Rivian has temporarily halted production of its Electric Delivery Vans (EDVs) at its Normal, IL plant due to a parts shortage. The company confirmed the pause on August 16, citing...
Headlines Articles
The DMS outage that affected sales and inventory reporting throughout the previous month continues to create volatility in the market.

DMS outage creates volatility in used vehicle market as inventory declines and prices rise

- August 19, 2024
The dealer management system (DMS) outage that affected sales and inventory reporting throughout the previous month continues to create volatility in the automotive market. As of August 1, 2024, the...
Headlines Articles

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GM commits $50 million to Michigan STEAM education programs
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SUV fatigue is fueling renewed interest in sedans
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