Car dealer donates $25 million to establish cancer center at Texas Tech
El Paso car salesman Steve Fox claimed he negotiated the deal of his life when he was diagnosed with severe tongue and throat cancer more than 20 years ago. Steve...
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
Mercedes-Benz dealerships owned by Bill Ussery sell for $150 million
Bill Ussery Motors has sold its Mercedes-Benz of Cutler Bay and Mercedes-Benz of Coral Gables dealerships for a total of $150 million.
The price of the actual estate is reflected in...
UAW president Fain denounces Stellantis proposal amidst negotiations
Shawn Fain, president of United Auto Workers (UAW), denounced an agreement offered by Stellantis amidst ongoing contract negotiations between Detroit automakers and union representatives.
In its proposal, Stellantis sought terms that...
New car prices see slight increase in July as inventory recovers
New car prices rose only 0.4% year-over-year in July, the smallest annual increase in a decade.
According to Cox Automotive, average transaction prices reached $48,334 by the end of the month,...
Honda’s most recent quarter saw record profits and robust sales
In the most recent quarter, Honda's operating profit increased by 78% as improved semiconductor supply fueled North American production and increased sales for the Japanese manufacturer.
Honda reported its financial results...
Rivian reveals smaller than expected quarterly loss, updates its 2023 EV production
On August 8, the EV maker Rivian revealed a second-quarter loss that was narrower than expected and raised its EV production guidance for the full year. Now, the automaker anticipated...
Insights from the new 2023 edition of Google’s Dealer Guidebook with Lissette Gole, Head of Automotive Retail
Are you using Google the right way? We know there has been a lot of transformation and competition in retail automotive, but nearly all vehicle shoppers go online to find...
Why relationships are crucial to fixed operations growth — MC Watson | automotiveMastermind
Driving more consumers into the service bay is important for car dealers looking to grow their business, especially considering that fixed operations revenue typically comprises roughly half of a dealership's...
Lucid reaffirms production target despite underwhelming earnings
Lucid has confirmed it is on track to meet its annual production target of 10,000 electric vehicles, despite scoring lower-than-expected revenue in the second quarter.
In its earnings report, the electric...
Chrysler recalls roughly 45,000 vehicles due to interior interference with airbags
Officials claimed Chrysler is recalling almost 45,000 vehicles because the upper B-pillar inside trim may not be seated entirely, which could prevent airbag deployment.
According to the U.S. National Highway Traffic...
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