Monthly wholesale and SAAR prices decline in first half of October
The first 15 days of October saw a 1.6% drop in wholesale used car prices from September. The midmonth Manheim Used Vehicle Value Index fell to 211.0, representing a 3.3%...
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
AutoNation exits bidding war for UK’s Pendragon
AutoNation on Tuesday rescinded its offer to purchase U.K.-based automotive retailer Pendragon, roughly three weeks after joining a bidding war composed of America's largest dealership groups.
In late September, AutoNation submitted...
NADA board names Tom Castriota its new vice chairman
The National Automobile Dealers Association (NADA) has elected Tom Castriota as its next vice chairman, indicating that he will likely be the organization's chairman in 2025, according to Automotive News.
At...
Giving business owners a voice: why this M&A advisor is running for Congress — Gerrick Wilkins
As business owners, dealers have the ability to make an immense impact on their communities through their professional connections, wealth, and large customer base. But what if the retail community...
New car affordability improves, lobbyists challenge NHTSA, Tesla recalls Model X
Inside Automotive
Giving business owners a voice: why this M&A advisor is running for Congress — Gerrick Wilkins
As business owners, dealers have the ability to make an immense impact on their...
Affordable car prices, wage growth negate rate hikes in September
Car buyers enjoyed a more affordable new vehicle market in September in spite of rising interest rates and economic headwinds.
According to Cox Automotive's monthly report, measures of affordability improved both...
Auto lobby group warns fuel-efficiency standards would raise car prices
The Alliance for Automotive Innovation, a lobby group representing major U.S. automakers, including the Detroit-Three, has submitted a new challenge to the National Highway Traffic Safety Administration's recommended fuel-efficiency standards.
If...
Tesla is recalling roughly 55,000 Model X vehicles
On October 17, a U.S. auto regulator confirmed that Tesla would recall 54,676 Model X vehicles manufactured between 2021 and 2023 because the car controller failed to detect low braking...
Has the United Auto Workers strike gone too far? — John McElroy | Autoline
The historical United Auto Workers strike continues to expand as more manufacturing employees are called on to join the picket line. With no sign of a resolution between automaker executives...
New layoffs at Ford and Stellantis, California passes school bus law, Toyota teases EV
Inside Automotive
Has the United Auto Workers strike gone too far? — John McElroy | Autoline
The historical United Auto Workers strike continues to expand as more manufacturing employees are called on...
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