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

BMW is offering electric vehicle owners from other brands, including Tesla, a $1,000 discount on select models until April 1.

BMW courts competitors’ electric vehicle customers with $1,000 discount

- March 6, 2024
BMW is offering electric vehicle customers from other brands a $1,000 discount if they purchase select models until April 1, 2024. For the next three weeks, the automaker's new "2024 BEV...
General Motors is working with the federal government and select business partners to launch heavy-duty hydrogen trucks in the U.S.

General Motors to deploy hydrogen fuel-cell trucks at U.S. worksites

- March 6, 2024
General Motors and the Department of Energy are investing a combined $65 million to deploy hydrogen fuel-cell work trucks across the U.S. The new trucks, powered by the automaker's Hydrotec system,...
Toyota North America's executive vice president of sales, Jack Hollis, shares his views on electric vehicles and the hybrid market.

Toyota EVP Jack Hollis on EVs, vehicle affordability, and inventory

- March 6, 2024
Toyota has taken a slower path to electrification than its competitors, choosing instead to prioritize hybrid and hydrogen-fueled vehicles. Although this tendency won the ire of many in the industry,...
In the latest episode of Inside Automotive, Mark Cannon shares his insights on the current trends in the retail automotive industry.

Marc Cannon explores the key drivers of change in the automotive industry

- March 6, 2024
The automotive industry is off to a strong start in 2024, leveraging stable consumer demand and improving economic conditions to drive sales. However, while dealers and manufacturers are certainly performing...
MileOne Autogroup has acquired Koons Wilmington Lexus less than three months after the storefront was purchased by Asbury Automotive.

MileOne acquires Koons Wilmington Lexus from Asbury Automotive

- March 5, 2024
MileOne Autogroup purchased a Delaware Lexus dealership from Asbury Automotive just months after the seller acquired the storefront from the Jim Koons group. The transaction for Koons Wilmington Lexus was finalized...
Electric vehicle sales are projected to grow in 2024 but at a slower rate than some initially forecast due to challenges limiting demand.

J.D. Power lowers 2024 electric vehicle sales forecast

- March 5, 2024
Electric vehicle sales are projected to rise in 2024 but analysts are dialing back expectations as the automotive industry grapples with challenges limiting consumer demand and charging infrastructure growth. J.D. Power...
General Motors, Magna, and Wipro are partnering to launch an automotive software marketplace called SDVerse.

General Motors prepares to launch ‘SDVerse’ automotive software marketplace

- March 5, 2024
General Motors is partnering with auto supplier Magna and consultancy firm Wipro Limited to launch a virtual marketplace called SDVerse for buyers and sellers of automotive software. The new B2B platform...
John Fairchild and Rusty Stewart join Inside Automotive to discuss the ongoing technicians shortage and simple hiring solutions for dealers.

How a formal training program can help your dealership acquire and retain technicians

- March 5, 2024
The automotive industry is facing a technician crisis, with the number of applicants willing or capable of working in a busy fixed-ops department continuing to dwindle. Dealers must rely on...
Ford, Honda, and Hyundai recorded strong sales gains in February driven by inventory improvements and rising hybrid demand.

Ford, Honda, Hyundai sales rise in February, emphasizing strength of hybrids

- March 4, 2024
Automakers posted strong U.S. sales this February on the backs of stable demand, stronger inventory, and increasing interest in hybrid and electric vehicles. Ford sold 174,192 units during the month, representing...
Ford is partnering with dealers and a non-profit to award scholarships to 400 students attending technician training programs.

Ford partners with dealers to award $2 million in grants to student technicians

- March 4, 2024
Ford and its dealers are committing $2 million in scholarships to combat the automotive industry's ongoing technician shortage in partnership with the TechForce Foundation. The Ford Auto Tech Scholarship will distribute...


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