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

Tesla financing

Tesla now offers a 7-year financing term for all vehicle models

- July 24, 2023
Tesla is producing vehicles at an all-time rate. The EV manufacturer is starting to cling to its inventory despite its excellent delivery rates. Considering the Model 3 and Y, Tesla has kept a few cars throughout...
On today’s edition of Inside Automotive, we’re pleased to welcome Ted Smith, President of the Florida Automobile Dealers Association (FADA).

FADA Pres. Ted Smith on direct-to-consumer sales ban, Ford’s Model e program

- July 24, 2023
In June, Florida Governor Ron Desantis signed a bill banning direct-to-consumer sales (excluding Tesla) to protect franchise dealers in the state, which went into effect on July 1. On this...
AutoNation strengthened its position over the second quarter, beating analyst revenue forecasts thanks to higher earnings and new car sales.

AutoNation beats forecast, maintains revenue in Q2 despite sluggish sales

- July 21, 2023
AutoNation strengthened its position over the second quarter, beating analyst revenue forecasts thanks to higher earnings from after-sales services and increasing demand for new vehicles. Analysts had expected AutoNation to announce...
The automotive business has been significantly impacted by artificial intelligence. According to Future Market Insights, sales of driverless vehicles are expected to reach $70 billion by 2033. However, AI-powered self-driving cars are not the only change; the manufacture of cars is already incorporating AI technology.  

CNBC report: BMW uses AI to expedite vehicle assembly

- July 21, 2023
The automotive business has been significantly impacted by artificial intelligence. According to Future Market Insights, sales of driverless vehicles are expected to reach $70 billion by 2033. However, AI-powered self-driving...
According to an Auto Trader report, the number of people interested in buying a “Chevy Convertible Corvette” has increased by 120% since the release of the “Barbie” trailer.

Hagerty CEO says ‘Barbie’ is fueling a significant uptick in vintage car purchases

- July 21, 2023
According to an Auto Trader report, the number of people interested in buying a “Chevy Convertible Corvette” has increased by 120% since the release of the “Barbie” trailer.  In a time...
Lena Bourgeois joins Inside Automotive to discuss how dealers often underestimate female car shoppers and why that needs to change.

Female car buyers: Why dealers shouldn’t underestimate women — Lena Bourgeois | Equifax

- July 21, 2023
Women make up one of the largest car buyer demographics in the U.S., but many dealers are still relying on outdated practices or old-school perspectives that deter female shoppers, both...
Car owner satisfaction declined for the second year in a row in 2023, according to the J.D. Power APEAL study.

Car owner satisfaction declines for second year in J.D. Power study

- July 21, 2023
Car owner satisfaction declined for the second year in a row, according to the J.D. Power Automotive Performance, Execution and Layout (APEAL) Study. It is the first time in nearly three...
President Biden met privately with Shawn Fain, leader of the UAW, as the automotive industry prepares for the possibility of a labor strike.

UAW chief Fain meets privately with President Biden amidst contract fight

- July 20, 2023
President Biden met privately with Shawn Fain, leader of the United Auto Workers (UAW) union, on July 19 as the automotive industry prepares for the possibility of a labor strike. Biden...
Tesla once again beat earnings forecasts in Q2 but struggled to sustain profitability on its increasingly discounted electric vehicle lineup.

Tesla sees stagnating profits in Q2 even as electric vehicle revenues rise

- July 20, 2023
Tesla once again beat earnings forecasts in the second quarter but struggled to sustain profitability on its increasingly discounted electric vehicle lineup. The electric vehicle brand reported $24.93 billion in revenue...
Norm de Greve

General Motors appoints Norm de Greve as new CMO and senior VP

- July 19, 2023
On July 18, Norm de Greve was appointed senior vice president and chief marketing officer at General Motors. De Greve joins GM after serving as chief marketing officer of CVS Health...


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