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

Robotaxi service and General Motors subsidiary Cruise dismissed nine leaders and laid off 900 employees as it grapples with safety inquiries.

Cruise fires 9 leaders, lays off 900 employees amidst safety probes

- December 14, 2023
This week, Robotaxi service and General Motors subsidiary Cruise let go of nine leading team members and revealed it would lay off an additional 900 employees as it faces investigations...
Since 2020, the share of new car dealers selling electric vehicles has risen from 16.5% to 55.1%, defying market headwinds and slow demand.

Number of new car dealers selling electric vehicles triples from 2020

- December 14, 2023
More than half of all car dealers are selling electric vehicles in 2023, according to automotive data platform iSeeCars. Since the onset of the COVID pandemic, the number of non-Tesla dealers...
Scout Motors has announced its plan to expand its footprint in the U.S. by building a new product design and engineering facility in Michigan

Scout Motors to create 200 jobs with new Michigan facility

- December 14, 2023
Volkswagen's electric subsidiary, Scout Motors, has announced its plan to expand its footprint in the U.S. by building a new $11 million product design and engineering facility in Novi, Michigan....
The Edmunds car buying experts predict that 15.7 million new cars will be sold in 2024 due to competing market pressures.

Edmunds experts predict 3 major industry disruptors for 2024

- December 14, 2023
Analysts from Edmunds predict that 15.7 million new cars will be sold in 2024 due to competing market pressures, which should keep new vehicle sales largely stable. The prediction, calculated...
The EV mandate, among other challenges, caught Lusk's attention as a significant initiative that substantially impacted the industry.

EV mandates, affordability concerns are challenging the auto industry – Cody Lusk | AIADA

- December 14, 2023
As we reflect on the year 2023, we recognize that dealers have been met with a myriad of challenges and successes along the way. Today, our spotlight is on international...
service advisor

5 focused strategies to bring a wayward service advisor back in line

- December 14, 2023
In the automotive realm, the salespeople are superstars, capable of selling big-ticket items. In most dealerships, however, the service advisor is responsible for generating more gross profit every month than...

New vehicle prices fall in Nov., FTC finalizes CARS rule, Tesla recalls 2 million vehicles

- December 14, 2023
Inside Automotive  EV mandates, affordability concerns are challenging the auto industry – Cody Lusk | AIADA As we reflect on the year 2023, we recognize that dealers have been met with a...
Average new car prices declined in November to 98.3% of MSRP as incentives and discounts rose sharply from last year.

New car prices drop in November as incentives rise, Tesla hit hardest

- December 13, 2023
New car prices trended lower in November as the economy continued its post-pandemic balancing act, benefiting consumers but challenging dealer and automaker earnings. According to data from Cox Automotive's Kelley Blue...
The FTC has voted to pass the CARS rule, banning questionable fees and tactics in car sales but earning a harsh response from the NADA.

FTC and NADA clash over no-junk-fees CARS policy

- December 13, 2023
The Federal Trade Commission (FTC) has voted to implement a new rule banning anti-consumer tactics and unwarranted fees in car sales, prompting a swift and critical response from the National...
Utah Crimson Collective's NIL deal honors student-athletes with car leases, led by CEO Derek Mattsson and Utah 360°.

University of Utah student-athletes receive their choice of a new Jeep or Truck

- December 13, 2023
The Utah Crimson Collective and its streaming app, Utah 360°, have partnered up to honor the University of Utah's men's and women's basketball and gymnastics teams. In what may be...