Ally Financial names Michael G. Rhodes as new CEO
On March 27, Ally Financial announced that Michael G. Rhodes will become the company's new CEO, effective April 29, 2024. At that point, Ally will also name him to their...
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%
automotive industry insights
Fisker aggressively cuts Ocean SUV prices, looks to avoid bankruptcy
Electric vehicle startup Fisker is making aggressive price cuts across its 2023 Ocean SUV lineup as it grapples with an increasingly dire financial situation that may result in bankruptcy.
The new...
Hyundai “doubling down” on electrification with $50 billion investment
Hyundai Motor Group will invest $51 billion to increase the scale of its electric vehicle operations, "doubling down" on the battery-powered car segment even as other manufacturers postpone similar investments...
Hyundai shows off revamped 2025 Santa Cruz at NY Auto Show
At the New York International Auto Show, Hyundai revealed an enhanced 2025 Santa Cruz Sport Adventure Vehicle.
During the show, Brad Arnold, Hyundai Design North America's senior design manager for exteriors,...
How digital platforms are shaping the industry’s evolution – April Simmons | Horne Auto Group
On the latest episode of Kain & Co., host David Kane sits down with April Simmons, the marketing director of Horne Auto Group, to discuss dealership strategies, data transformation, and...
CarGurus study shows shift to online car buying, decline in brand loyalty
CarGurus has published its sixth annual U.S. Consumer Insights Report. The report reveals how consumer behavior has changed in the face of a highly competitive automotive market characterized by rising...
How to win in today’s volatile used car market – John Ellis
The used car market is bustling with activity this spring, and car dealers must ensure their pre-owned operational strategies align with current market conditions. Joining us today on CBT Now...
Jeep unveils 4 new concept cars at 2024 Easter Jeep Safari in Moab
The Jeep brand is returning to Moab, Utah, for the 58th annual Easter Jeep Safari, March 23-31, 2024, with four new eye-catching and mission-capable concept cars.
Mike Koval Jr., the Senior...
China’s BYD threatens global car makers with sub-$10,000 Seagull EV
Chinese automaker BYD has launched a new version of its Seagull electric vehicle that costs less than $10,000, presenting a challenge to automakers that have yet to address a developing...
Nissan to add 1 million in sales, combat EV headwinds with cost-cutting plan
Nissan's new "Arc" mid-term growth strategy calls for an additional 1 million units in annual sales and for cutting electric vehicle manufacturing expenses by one-third.
The automaker has set ambitious timelines...
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