TSLA426.0108.16%
GM78.7901.58%
F14.9301.26%
RIVN14.2200.07%
CYD57.3501.69%
HMC26.4700.21%
TM189.080-0.58%
CVNA68.2803.89%
PAG164.7303%
LAD276.5802.05%
AN189.9803.55%
GPI326.1806.07%
ABG187.7202.34%
SAH78.1602.26%
TSLA426.0108.16%
GM78.7901.58%
F14.9301.26%
RIVN14.2200.07%
CYD57.3501.69%
HMC26.4700.21%
TM189.080-0.58%
CVNA68.2803.89%
PAG164.7303%
LAD276.5802.05%
AN189.9803.55%
GPI326.1806.07%
ABG187.7202.34%
SAH78.1602.26%
TSLA426.0108.16%
GM78.7901.58%
F14.9301.26%
RIVN14.2200.07%
CYD57.3501.69%
HMC26.4700.21%
TM189.080-0.58%
CVNA68.2803.89%
PAG164.7303%
LAD276.5802.05%
AN189.9803.55%
GPI326.1806.07%
ABG187.7202.34%
SAH78.1602.26%


automotive industry insights

Karl Brauer joins Inside Automotive to share his insights into the difficulties facing Tesla after its earnings disappointed investors.

Are the tables turning on Tesla? — Karl Brauer | iSeeCars.com

- February 9, 2024
Tesla broke sales records in 2023 but struggled to maintain profits as a series of aggressive price cuts failed to spur adequate demand. With the company's fourth-quarter earnings dropping 40%...
Honda increased its annual profit expectations after seeing a notable improvement in year-over-year sales in the third quarter.

Honda ups earnings forecast after massive increase in U.S. sales

- February 8, 2024
Honda boosted its earnings forecast for the fiscal year ending March 31 after reporting impressive profitability improvements over its third quarter. The automaker now expects to generate roughly $8.4. billion in...
On February 6, a news release by the UAW revealed that most employees at Volkswagen AG's factory in Chattanooga, Tennessee.

UAW says it has secured majority support in non-union Volkswagen factory

- February 8, 2024
On February 6, a news release by the United Auto Workers (UAW) revealed that most employees at Volkswagen AG's factory in Chattanooga, Tennessee, have registered to join the Detroit-based union....
Hyundai and a Massachusetts dealership are suing each other in federal court over the proximity of a planned storefront in Danvers.

Massachusetts dealership to face Hyundai in court over new storefront

- February 8, 2024
Hyundai is suing in federal court to open a new storefront in Danvers, Massachusetts after a nearby dealership complained that the move violated state regulations. The automaker originally planned to open...
Tesla has a history of layoffs, and its CEO, Elon Musk, is known for initiating them not just at the EV maker but at other companies like at X

Tesla employees face potential round of layoffs

- February 8, 2024
Tesla may be gearing up for a round of layoffs, according to a recent Bloomberg report.  According to those acquainted with the situation, U.S. supervisors recently had to evaluate their deputies'...
Bill Wittenmyer joins Inside Automotive to share the latest news on consumer preferences and how they are influencing the car buying process.

How consumer preferences are dictating the car buying process — Bill Wittenmyer | DealerOn

- February 8, 2024
Consumer preferences have rapidly transformed in the retail automotive sector. Knowing how the expectations have changed and how buyer needs will continue to evolve will be essential to long-term dealership...
Todd Berko joins Driving Solutions to offer an insider perspective into the dealership M&A market and how valuations are critical to success.

A closer look at the dealership M&A valuations process — Todd Berko | Bel Air Partners

- February 8, 2024
The dealership M&A (mergers and acquisitions) market can be confusing to navigate. Knowing the technical aspects of valuations and buy-sell transactions is crucial to obtaining a good deal for your...
Explore the seismic shift in the auto sales landscape as luxury vehicles become increasingly reserved for the top income earners.

The high-income club’s grip on auto sales

- February 8, 2024
The auto sales landscape is undergoing a seismic shift. In April of last year, CBS Detroit reported that Jonathan Smoke, chief economist at Cox Automotive, says new car sales are increasingly...
Ford recovered from its disappointing performance in 2022 with $4.33 billion in profit, beating analyst expectations despite a late-year loss.

Ford sets ambitious financial targets for 2024, reassesses EV strategy

- February 7, 2024
Ford posted strong quarterly and full-year revenues on Tuesday, beating analyst expectations—despite reporting a net loss for the October through December period—and announcing ambitious financial targets for 2024. The automaker earned...
The American automaker GM will receive cathode materials worth up to $19 billion from South Korea's LG Chem in the upcoming years.

LG Chem, GM agree to nearly $19 billion cathode supply deal

- February 7, 2024
As part of General Motors's (GM) long-term goals to become a leader in electric vehicles, the American automaker will receive cathode materials worth up to $19 billion from South Korea's...


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