TSLA360.590-20.67001%
GM72.540-2.5%
F11.590-0.09%
RIVN15.4000.46%
CYD39.410-0.08%
HMC24.150-0.16%
TM207.010-2.66%
CVNA313.5481.45799%
PAG149.3400.18%
LAD251.8201%
AN197.680-0.29%
GPI329.450-1.34%
ABG194.7600.73%
SAH64.870-0.38%
TSLA360.590-20.67001%
GM72.540-2.5%
F11.590-0.09%
RIVN15.4000.46%
CYD39.410-0.08%
HMC24.150-0.16%
TM207.010-2.66%
CVNA313.5481.45799%
PAG149.3400.18%
LAD251.8201%
AN197.680-0.29%
GPI329.450-1.34%
ABG194.7600.73%
SAH64.870-0.38%
TSLA360.590-20.67001%
GM72.540-2.5%
F11.590-0.09%
RIVN15.4000.46%
CYD39.410-0.08%
HMC24.150-0.16%
TM207.010-2.66%
CVNA313.5481.45799%
PAG149.3400.18%
LAD251.8201%
AN197.680-0.29%
GPI329.450-1.34%
ABG194.7600.73%
SAH64.870-0.38%


Auto Retail

Stellantis

Stellantis CEO says chip shortages will continue into 2023

- May 2, 2022
Carlos Tavares, Stellantis’s Chief Executive Officer, said at an event on Friday that he does not foresee the semiconductor chip shortage ending this year and expects the issue to drag into 2023....
USPS

States sue USPS over gas-powered fleet decision

- May 2, 2022
Sixteen states and various environmental groups sued the United States Postal Service and Postmaster Louis DeJoy last week, claiming that their ten-year plan for purchasing so-called next-generation delivery vehicles does more...
Lion Electric

Lion Electric Company plans to help school districts procure electric buses

- May 2, 2022
Lion Electric Company said last week that it has plans to help school districts around the United States receive the funding needed to obtain zero-emissions school buses for their fleets. The Infrastructure...
Elon Musk

Musk Sells $8.4B in Tesla shares after securing Twitter deal

- April 29, 2022
Recent filings from the Securities and Exchange Commission indicate that Tesla Chief Executive Officer Elon Musk sold around $8.4 billion in Tesla shares. Records show he sold 4.4 million Tesla shares earlier...
pre-owned

Create a pre-owned inventory investment strategy

- April 29, 2022
Used car sales continue to rise month over month, starting with a three percent increase from January to February 2022 in Q1. In contrast, analysts have reported new vehicle sales...
Tre BEV

Nikola Tre BEV semi-truck begins production in Arizona

- April 29, 2022
Recently, Nikola Corporation held an event to celebrate that it had started production of its Tre BEV (battery-electric vehicle) at its plant in Coolidge, Arizona. The first phase of the...
Sonic Automotive

Sonic Automotive reports powerful Q1 performance

- April 29, 2022
Sonic Automotive Inc. released its first-quarter results on Thursday, which noted several record numbers across the board.  Quarterly revenues reportedly grew 28.7% year over year (YoY), reaching a record high of $3.6 billion....
Volkswagen

Volkswagen considers expanding Chattanooga plant to make room for EV production

- April 29, 2022
According to an inside source, Volkswagen is currently exploring the possibility of expanding its plant in Chattanooga, Tennessee, to accommodate the production of an electric pick-up truck and the much-anticipated...

Cox Automotive expects a 20% drop in sales year-over-year for April

- April 29, 2022
According to a report this week, Cox Automotive said that sales across all segments would fall in April and total around 1.23 million units, a 20% drop year-over-year and 1.7% less...
car dealers

Auto sales slowed by limited inventory, but car dealers keep seeing profit

- April 28, 2022
April isn’t shaping up to be as busy as it was a year ago. Continuing to be plagued by only a trickle of new units onto the lot, there isn’t...


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