Honda reveals its Q3 profits soar in Japan and the U.S.
As supply and chip shortages continue to recover in North America, Honda's profitability demand has soared by 34% in July-September from 2022. In addition, the Tokyo-based company saw a 17%...
TSLA380.6801.95%
GM82.0101.78%
F12.2750.125%
RIVN14.510-0.09%
CYD32.1900.32%
HMC31.8100.03%
TM185.5701.45%
CVNA63.8600.14%
PAG199.010-1.58%
LAD292.510-10.49%
AN158.140-3.53%
GPI236.960-4.48%
ABG169.760-2.07%
SAH61.000-1.63%
TSLA380.6801.95%
GM82.0101.78%
F12.2750.125%
RIVN14.510-0.09%
CYD32.1900.32%
HMC31.8100.03%
TM185.5701.45%
CVNA63.8600.14%
PAG199.010-1.58%
LAD292.510-10.49%
AN158.140-3.53%
GPI236.960-4.48%
ABG169.760-2.07%
SAH61.000-1.63%
TSLA380.6801.95%
GM82.0101.78%
F12.2750.125%
RIVN14.510-0.09%
CYD32.1900.32%
HMC31.8100.03%
TM185.5701.45%
CVNA63.8600.14%
PAG199.010-1.58%
LAD292.510-10.49%
AN158.140-3.53%
GPI236.960-4.48%
ABG169.760-2.07%
SAH61.000-1.63%
automotive industry insights
Biden attended United Auto Workers event, endorses plan to organize non-union OEMS
President Biden encouraged United Auto Workers members to expand their influence to non-unionized automakers during an appearance at a Thursday event hosted by the organization.
The President has now appeared alongside...
Polestar shifts gears: Lowers 2023 delivery goal, forecasts EV launches to trigger demand
On November 8, Swedish EV maker Polestar lowered its long-standing delivery goal for 2025 and revealed that, despite cost reductions, it will still need to raise capital to break even.
The...
Used vehicle prices reverse course after August, September gains
Wholesale used vehicle prices declined slightly in October as the market continued to fluctuate in response to the post-pandemic economy.
According to Cox Automotive's monthly report, wholesale used vehicle prices dropped 2.3%...
Where dealership groups stand heading into Q4 — Jeff Dyke | Sonic Automotive
At the end of October, Sonic Automotive held its third-quarter earnings call with shareholders, sharing details of its performance over the period and setting expectations for the months to come....
The most important retail automotive trends to monitor for 2024 — Patrick Manzi | NADA
Retail automotive continues to change under a multitude of factors, from fluctuating interest rates to changing consumer preferences. As dealers prepare for the new year, it is crucial to study...
Solving lead defection once and for all — Eric DeMont | Urban Science
For many years, lead defection has been a frustrating but unavoidable headache for dealers, who have historically lacked the necessary tools to identify consumers who have left the car market....
Nick Saban’s Dream Motor makes $700 million move to Florida
Dream Motor Group has expanded into South Florida by acquiring two Mercedes-Benz dealerships in a deal worth roughly $700 million.
Dream Motor Group is owned by University of Alabama football coach...
Dealers gather to celebrate the inaugural FADA Hall of Fame inductees
In an inaugural event, the Florida Automobile Dealers Association (FADA) on November 2 inducted 15 legendary automotive retailers into its Hall of Fame, recognizing each individual for their commitment to...
CarGurus report highlights disconnect in consumer behavior, OEM forecasts
Consumer behavior trends seemed to contradict narratives set by automotive industry leaders throughout October, according to a new intelligence report by CarGurus.
October presented challenges and even setbacks for many automakers,...
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