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

OEMs share predictions, credit access improves, dealer donates millions

- August 11, 2023
Inside Automotive Explaining differences in electric vehicle demand between states — Jason Wilson | KADA As electric vehicle demand rises, more states are adopting regulations created by the California Air Resources Board...
Credit access improved in July to the highest point since March, when several bank failures caused lenders to adopt restrictive policies.

Car buyers see credit access improve in July as loan approvals rise

- August 10, 2023
Car buyers saw credit access improve in July to the highest point since March, when the collapse of several banks caused lenders to adopt restrictive policies. Cox Automotive's Dealertrack Credit Availability...
OEM executives believe that the COVID pandemic has created a new normal for certain aspects of the car market.

OEM executives see new normal for pricing, sales model in survey

- August 10, 2023
OEM executives believe that the COVID pandemic has created a new normal for certain aspects of the car market, according to a survey conducted by mergers and acquisitions firm Kerrigan...

Mercedes-Benz dealerships owned by Bill Ussery sell for $150 million

- August 10, 2023
Bill Ussery Motors has sold its Mercedes-Benz of Cutler Bay and Mercedes-Benz of Coral Gables dealerships for a total of $150 million.  The price of the actual estate is reflected in...

Car prices stagnate, Fain denounces Stellantis, Honda profits surge

- August 10, 2023
Inside Automotive Why now is the time for car dealers to change management strategies — Dale Pollak | vAuto, Cox Automotive Over the last few years, fluctuating production and an unstable supply...
Shawn Fain, president of the UAW, denounced an agreement offered by Stellantis amidst ongoing talks over union pay and benefits.

UAW president Fain denounces Stellantis proposal amidst negotiations

- August 9, 2023
Shawn Fain, president of United Auto Workers (UAW), denounced an agreement offered by Stellantis amidst ongoing contract negotiations between Detroit automakers and union representatives. In its proposal, Stellantis sought terms that...
New car prices rose only 0.4% year-over-year in July, the smallest annual increase in a decade according to Cox Automotive.

New car prices see slight increase in July as inventory recovers

- August 9, 2023
New car prices rose only 0.4% year-over-year in July, the smallest annual increase in a decade. According to Cox Automotive, average transaction prices reached $48,334 by the end of the month,...
MC Watson joins Inside Automotive to discuss how car dealers can earn more by maintaining relationships with fixed operations clients.

Why relationships are crucial to fixed operations growth — MC Watson | automotiveMastermind

- August 9, 2023
Driving more consumers into the service bay is important for car dealers looking to grow their business, especially considering that fixed operations revenue typically comprises roughly half of a dealership's...

GM expands V2H, Tesla qualifies for tax credit, Lucid reports earnings

- August 9, 2023
Inside Automotive Why relationships are crucial to fixed operations growth— MC Watson | automotiveMastermind Driving more consumers into the service bay is important for car dealers looking to grow their business, especially...
Lucid has confirmed it is on track to meet its annual production target of 10,000 electric vehicles, despite missing revenue guidance for Q2.

Lucid reaffirms production target despite underwhelming earnings

- August 8, 2023
Lucid has confirmed it is on track to meet its annual production target of 10,000 electric vehicles, despite scoring lower-than-expected revenue in the second quarter. In its earnings report, the electric...