TSLA440.3606.77%
GM84.1204.33%
F15.8800.56%
RIVN14.7000.31%
CYD59.7100.67%
HMC26.8800.46%
TM190.1100.02%
CVNA73.0002.85%
PAG169.0102.42%
LAD292.6309.58%
AN194.9403.18%
GPI331.7002.07%
ABG193.9603.94%
SAH83.5804.89%
TSLA440.3606.77%
GM84.1204.33%
F15.8800.56%
RIVN14.7000.31%
CYD59.7100.67%
HMC26.8800.46%
TM190.1100.02%
CVNA73.0002.85%
PAG169.0102.42%
LAD292.6309.58%
AN194.9403.18%
GPI331.7002.07%
ABG193.9603.94%
SAH83.5804.89%
TSLA440.3606.77%
GM84.1204.33%
F15.8800.56%
RIVN14.7000.31%
CYD59.7100.67%
HMC26.8800.46%
TM190.1100.02%
CVNA73.0002.85%
PAG169.0102.42%
LAD292.6309.58%
AN194.9403.18%
GPI331.7002.07%
ABG193.9603.94%
SAH83.5804.89%


auto industry

Honda increased its annual profit expectations after seeing a notable improvement in year-over-year sales in the third quarter.

Honda ups earnings forecast after massive increase in U.S. sales

- February 8, 2024
Honda boosted its earnings forecast for the fiscal year ending March 31 after reporting impressive profitability improvements over its third quarter. The automaker now expects to generate roughly $8.4. billion in...
Hyundai and a Massachusetts dealership are suing each other in federal court over the proximity of a planned storefront in Danvers.

Massachusetts dealership to face Hyundai in court over new storefront

- February 8, 2024
Hyundai is suing in federal court to open a new storefront in Danvers, Massachusetts after a nearby dealership complained that the move violated state regulations. The automaker originally planned to open...
Tesla has a history of layoffs, and its CEO, Elon Musk, is known for initiating them not just at the EV maker but at other companies like at X

Tesla employees face potential round of layoffs

- February 8, 2024
Tesla may be gearing up for a round of layoffs, according to a recent Bloomberg report.  According to those acquainted with the situation, U.S. supervisors recently had to evaluate their deputies'...
Bill Wittenmyer joins Inside Automotive to share the latest news on consumer preferences and how they are influencing the car buying process.

How consumer preferences are dictating the car buying process — Bill Wittenmyer | DealerOn

- February 8, 2024
Consumer preferences have rapidly transformed in the retail automotive sector. Knowing how the expectations have changed and how buyer needs will continue to evolve will be essential to long-term dealership...
Todd Berko joins Driving Solutions to offer an insider perspective into the dealership M&A market and how valuations are critical to success.

A closer look at the dealership M&A valuations process — Todd Berko | Bel Air Partners

- February 8, 2024
The dealership M&A (mergers and acquisitions) market can be confusing to navigate. Knowing the technical aspects of valuations and buy-sell transactions is crucial to obtaining a good deal for your...

Ford sets ambitious targets, GM’s deal with LG Chem, Toyota invests in new SUV

- February 8, 2024
Inside Automotive How consumer preferences are dictating the car buying process — Bill Wittenmyer Consumer preferences have rapidly transformed in the retail automotive sector. Knowing how the expectations have changed and how...
Ford recovered from its disappointing performance in 2022 with $4.33 billion in profit, beating analyst expectations despite a late-year loss.

Ford sets ambitious financial targets for 2024, reassesses EV strategy

- February 7, 2024
Ford posted strong quarterly and full-year revenues on Tuesday, beating analyst expectations—despite reporting a net loss for the October through December period—and announcing ambitious financial targets for 2024. The automaker earned...
The American automaker GM will receive cathode materials worth up to $19 billion from South Korea's LG Chem in the upcoming years.

LG Chem, GM agree to nearly $19 billion cathode supply deal

- February 7, 2024
As part of General Motors's (GM) long-term goals to become a leader in electric vehicles, the American automaker will receive cathode materials worth up to $19 billion from South Korea's...
Toyota plans to build an electric SUV at its Kentucky plants within the next two years, even as other automakers pull back from the EV market.

Toyota to build electric SUV at Kentucky plant with $1.3 billion investment

- February 7, 2024
Toyota has announced plans to invest $1.3 billion in its Kentucky facility to build a three-row electric SUV for the U.S. market. The new investments are part of the automaker's efforts...
Jake Fisher joins Inside Automotive to discuss how product evaluation platform Consumer Reports tests and rates hybrids and electric vehicles.

How do hybrids compare to electric and ICE vehicles? — Jake Fisher | Consumer Reports

- February 7, 2024
For almost a century, Consumer Reports has played a critical role in improving transparency across many industries and guiding buyers to the right products and bands. This is especially true...