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

American Honda saw sales rise dramatically from 2022, overcoming its inventory and supply challenges to score a year-over-year gain of 32.6%.

American Honda sales rise more than 30% in October

- November 2, 2023
American Honda saw sales rise throughout the month of October thanks to improved inventory and stable demand. The automaker reported total sales of 108,088 units, comprised predominantly of trucks. The number...
By shopping with dealers registered with the IRS, a car buyer can use their electric vehicle tax credit as a down payment at the time of sale.

Dealer registration opens for electric vehicle tax credit transfer

- November 2, 2023
Dealers can now obtain direct access to consumer electric vehicle tax credits thanks to a new website launched this Wednesday by the IRS. By registering through the IRS Energy Credits Online...
The feds said that "economic activity expanded at a strong pace in the Q3" following policymakers' unanimous decision to keep rates unchanged

Powell: The Federal Reserve leave rates unchanged

- November 2, 2023
The Federal Reserve held interest rates steady on November 1 while policymakers grappled with whether financial conditions would be sufficiently tight enough to contain inflation or if the economy would...
At the 2023 Digital Dealer conference, Venus Toro, CEO of Wyn Solutions discusses how dealers utilize their 'win-win-solution' platform.

How this company delivers a win-win solution for dealers – Venus Toro | Wyn Solutions

- November 2, 2023
As the automotive industry faces high interest rates, a weakening economy, union labor strikes, and unwavering uncertainty, Columbian-based Wyn Solutions is committed to providing dealers "Whatever you need" through its...
Steve Roessler joins CBT News to discuss the need for new dealership technology and better digital proficiency.

Dealership technology and the future of automotive commerce — Steve Roessler | DriveCentric

- November 2, 2023
Dealership technology is often outdated and used incorrectly, putting many retailers behind the curve on digital retail. However, with consumers conducting more and more of their business online, the retail...
Hyundai saw sales rise 0.3% in the U.S. thanks in part to its EV lineup, continuing its 15-month streak of year-over-year increases.

Hyundai ekes out year-over-year victory in U.S., posts strong EV sales

- November 1, 2023
Hyundai Motor America continued to see stronger year-over-year sales in October, according to its monthly sales report published Wednesday. The South Korean brand recorded sales of 60,805 vehicles in the U.S.,...
Peter Macinnis, the founder and CEO of eLend Solutions, discusses how dealers are using transparency to close the trust gap with customers. 

How dealers can bridge the gap in customer trust – Pete MacInnis | eLEND Solutions

- November 1, 2023
Most dealers are growing to be apprehensive due to discussions surrounding the UAW union strikes against the Big Three, interest rates, inflation, and a faltering economy. Even consumers are hesitant...
Toyota unveiled shared multiple updates, including pay raises, EV investments and profit forecasts, after the release of its Q3 report.

Toyota announces EV investments, higher profit and pay raises after Q3 report

- November 1, 2023
Toyota delivered several updates in the wake of its third-quarter report, highlighting the speed with which the brand has recovered from its post-pandemic inventory constraints. On Wednesday, the automaker adjusted its...
Ford is increasing the number of chargers in its BlueOval Charge Network in North America by 25%, bringing the total to more than 106,000.

Ford expands its BlueOval Charge Network to include 3 new charging providers

- November 1, 2023
Ford is increasing the number of chargers in its BlueOval Charge Network in North America by 25%, bringing the total to more than 106,000. The BlueOval Charge Network in the U.S....
Tesla emerged victorious in its first U.S. trial concerning allegations that its Autopilot driver assistance feature caused a fatal accident.

Tesla wins first US trial over Autopilot’s alleged role in fatal crash

- November 1, 2023
A significant win for Tesla, which currently is the subject of several lawsuits and federal investigations pertaining to driver assistance technology, came on October 31 when it emerged victorious in...


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