TSLA319.690-54.32%
GM80.670-1.46%
F14.145-0.275%
RIVN16.460-0.72%
CYD45.840-0.3%
HMC27.990-0.54%
TM176.800-3.14%
CVNA60.200-2.55%
PAG215.5400.97%
LAD334.020-5.93%
AN205.100-0.87%
GPI326.680-1.25%
ABG222.140-1.22%
SAH99.110-1.77%
TSLA319.690-54.32%
GM80.670-1.46%
F14.145-0.275%
RIVN16.460-0.72%
CYD45.840-0.3%
HMC27.990-0.54%
TM176.800-3.14%
CVNA60.200-2.55%
PAG215.5400.97%
LAD334.020-5.93%
AN205.100-0.87%
GPI326.680-1.25%
ABG222.140-1.22%
SAH99.110-1.77%
TSLA319.690-54.32%
GM80.670-1.46%
F14.145-0.275%
RIVN16.460-0.72%
CYD45.840-0.3%
HMC27.990-0.54%
TM176.800-3.14%
CVNA60.200-2.55%
PAG215.5400.97%
LAD334.020-5.93%
AN205.100-0.87%
GPI326.680-1.25%
ABG222.140-1.22%
SAH99.110-1.77%


auto industry

The CDK Global shutdown underscored the need for robust emergency preparedness to help dealerships facing further unforeseen disasters.

From Cyberattacks to Natural Disasters: A Guide for Car Dealer Preparedness

- July 16, 2024
Nearly half of all new car dealerships in the U.S. have just endured the CDK Global shutdown, highlighting the critical need for robust emergency preparedness. Beyond cyberattacks, dealerships face the...
Ford Pro is expanding its Ford Pro Insure to Maryland and Minnesota, to enhance fleet productivity for small and medium businesses.

Ford Pro expands commercial auto insurance to Maryland and Minnesota

- July 15, 2024
Ford Pro is expanding its commercial auto insurance offering, Ford Pro Insure, to Maryland and Minnesota. Underwritten by Ford Credit's insurance subsidiary and powered by Pie Insurance, Ford Pro Insure...

Ford Pro expands commercial auto insurance, Musk endorses Trump, Hyundai Global sales declines over 6%

- July 15, 2024
Top stories Ford Pro expands commercial auto insurance to Maryland and Minnesota. Read More Elon Musk fully endorses Trump after rally shooting incident. Read More Hyundai global sales decline over 6% in June...
Hyundai Motor Company reported a more than 6% year-over-year decline in global vehicle sales, encompassing both Hyundai and Genesis brands.

Hyundai global sales decline over 6% in June as EV sales drop by double digits

- July 15, 2024
Hyundai Motor Company reported a more than 6% year-over-year decline in global vehicle sales for June, encompassing both Hyundai and Genesis brands. The month closed with 351,516 sales, leading to...
According to an analysis conducted by J.D. Power, EVs cost less to own than gas-powered cars over five years in nearly every U.S. state

EVs prove cheaper to own than gas cars over five years despite high initial costs

- July 15, 2024
Consumers worry about the high price of electric vehicles (EVs), but EVs cost less to own than similar gas-powered cars over five years in nearly every region of the U.S.,...
The recent CDK Global outage has sent shockwaves through the automotive industry, Jonathan Jordan shares his insights on dealers' resilience.

Navigating the aftermath: CDK Global’s outage and its impact on dealers – Jonathan Jordan | JM&A Group

- July 15, 2024
The recent CDK Global outage has sent shockwaves through the automotive industry, forcing dealerships to adapt quickly and find innovative ways to continue operations. As the sector grapples with this...
As we delve into the consequences of CDK Global's blackout, Kevin Tynan shares his insights on the latest episode of CBT Now.

CDK Global’s blackout: Analyzing the ripple effects on the automotive industry – Kevin Tynan

- July 15, 2024
In the aftermath of CDK Global's unexpected shutdown, dealerships nationwide are bracing for a prolonged period of disruption. As we delve into the consequences of this blackout, Kevin Tynan, Senior...
The agency model, if adopted, this model will significantly depart from the traditional dealership model we’ve known for decades. 

The future of the agency model in automotive sales: Planning for what’s ahead

- July 15, 2024
Henry Ford introduced the franchise dealer model in 1914, and it’s been a stable and secure part of our industry. However, recently, a buzzword gaining traction is “the agency model.” If adopted, this model...

UAW President raises concerns over Biden’s re-election chances, CDK Global CEO promises financial compensation, BMW tops consumer reports’ best EV list

- July 12, 2024
Top stories UAW President raises concerns over Biden's re-election chances. Read More CDK Global CEO promises financial compensation after cyberattacks. Read More BMW iX tops Consumer Reports' best EV list, only one Tesla...
Earlier this week: UAW pres. Shawn Fain revealed union demands, Toyota's global sales rose 5.1% in the first half of 2023, and more headlines to stay on top of this week in automotive industry news.

UAW President raises concerns over Biden’s re-election chances

- July 12, 2024
United Auto Workers (UAW) President Shawn Fain met with the union's executive board late Thursday to discuss his deep concerns regarding President Joe Biden's ability to defeat Donald Trump in...


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