TSLA375.867-2.8034%
GM77.9600%
F12.365-0.13%
RIVN16.131-0.5891%
CYD40.325-1.505%
HMC24.175-0.195%
TM193.1801.01%
CVNA405.720-1.01%
PAG161.8951.755%
LAD278.0101.15001%
AN203.345-0.655%
GPI344.5505.03%
ABG201.1601.13%
SAH71.9600.38%
TSLA375.867-2.8034%
GM77.9600%
F12.365-0.13%
RIVN16.131-0.5891%
CYD40.325-1.505%
HMC24.175-0.195%
TM193.1801.01%
CVNA405.720-1.01%
PAG161.8951.755%
LAD278.0101.15001%
AN203.345-0.655%
GPI344.5505.03%
ABG201.1601.13%
SAH71.9600.38%
TSLA375.867-2.8034%
GM77.9600%
F12.365-0.13%
RIVN16.131-0.5891%
CYD40.325-1.505%
HMC24.175-0.195%
TM193.1801.01%
CVNA405.720-1.01%
PAG161.8951.755%
LAD278.0101.15001%
AN203.345-0.655%
GPI344.5505.03%
ABG201.1601.13%
SAH71.9600.38%


auto sales report

Rivian

Rivian slows Q1 losses, eyes profitability by 2024

- May 11, 2023
Rivian ended the first quarter with a smaller loss than last year thanks to greater revenue and successful cost-cutting measures. The electric vehicle manufacturer saw quarterly revenue of $661 million, $8.9...
Articles Headlines
Toyota saw quarterly profits push past the previous year's number but failed to prevent an annual loss due to the rising costs of materials

Toyota forecasts higher profits in 2024 buoyed by EVs and increased production

- May 11, 2023
Toyota saw quarterly profits push past the previous year's number but failed to prevent an annual loss due to the rising costs of materials. The automaker saw global net income reach...
Articles Forecasts & Research
Dealer sentiments improved substantially over the previous quarter, driven by unexpectedly high sales and revenue

Dealer sentiments improve for Q2, even as costs, prices worsen

- May 10, 2023
Dealer sentiments improved substantially over the previous quarter, driven by unexpectedly high sales and revenue. Cox Automotive tracks retailer outlooks through its Dealer Sentiment Index, periodically measuring attitude changes over the...
Articles Headlines
Beck & Masten Buick-GMC

Group 1 brings three new dealerships on board, expands Texas presence

- May 10, 2023
Group 1 Automotive revealed the acquisition of three dealerships in Texas on May 8, 2023, as it continues to ramp up its growth efforts. In a press release, the auto group...
Articles Headlines
Micah Tindor, the senior director of Kelley Blue Book Instant Cash Offer, joins Inside Automotive to discuss vehicle trade-in pain points.

Addressing vehicle trade-in pain points: Building trust with education — Micah Tindor

- May 10, 2023
Dealers have been turning to consumer trade-ins as a key source of inventory, so why are trade-ins a pain point for buyers and sellers? On this episode of Inside Automotive,...
Sales & Marketing Inside Automotive
Lucid has published its quarterly financials, revealing a mixed bag of encouraging growth and ongoing weakness

Lucid reveals mixed bag of first-quarter earnings, struggles to spur demand

- May 9, 2023
Amidst growing concerns over brand recognition, electric vehicle manufacturer Lucid has published its quarterly financials, revealing a mixed bag of encouraging growth and ongoing weakness. The EV brand saw first-quarter revenue...
Articles Headlines
Sean Gardner joins Inside Automotive to discuss how the sales process depends on speed and efficiency to deliver a good customer experience

Speed in car sales: How to shorten customer wait times — Sean Gardner | Joe Verde Group

- May 9, 2023
On this episode of Inside Automotive, host Jim Fitzpatrick is joined by Sean Gardner, instructor and sales trainer at the Joe Verde Group, to discuss methods for making the sales...
Inside Automotive Publishing Partners
Stellantis makes progress in Q1, sees easing semiconductor shortage

Stellantis makes progress in Q1, sees easing semiconductor shortage

- May 3, 2023
Higher prices and stabilizing supply chains allowed Stellantis to push first-quarter revenues and shipments ahead of their 2022 numbers. The automaker reported net revenues of approximately €47.2 billion ($52 billion) for...
Articles Headlines
Ford sees sales, profits increase in Q1, but struggles with EV segment

Ford sees sales, profits increase in Q1, but struggles with EV segment

- May 3, 2023
The first quarter brought stronger sales volume, cash flow and profits for American auto manufacturer Ford, according to its earnings summary released May 2. The Blue-Oval brand saw revenues increase 20%...
Articles Headlines
Hyundai and Kia

Hyundai and Kia see sales growth over April, gain steam after successful Q1

- May 2, 2023
Hyundai and Kia continued to see strong U.S. sales post-first-quarter, according to April sales reports released Tuesday, May 2. Hyundai's monthly U.S. sales totaled 70,812 units, representing a slight decrease from...
Articles Headlines

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Affordable cars at risk as foreign automakers warn USMCA uncertainty could force exits, WSJ reports 
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New-vehicle sales fall for third straight month in April
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New-vehicle sales fall for third straight month in April

New-vehicle inventory tightened in March
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New-vehicle inventory tightened in March, signaling potential price increases

Affordability
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Affordability challenges push dealers to rethink sales and staffing strategies


CBT News
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