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 news

Weekly roundup: Asbury expands, Trump’s auto tariffs, Ford delays F-150

- February 21, 2025
Earlier this week: Asbury Automotive acquired 33 dealerships from Herb Chambers Companies. Trump targets auto imports with new tariffs by April. Ford delays next-gen F-150 amid market uncertainty. IRS will...
Mercedes-Benz cuts costs, boosts combustion engine focus after EV sales drop 25%, aiming to revive earnings amid global market challenges.

Mercedes-Benz announced plans to cut costs and expand its lineup

- February 20, 2025
Mercedes-Benz is doubling down on cost-cutting measures and shifting its focus toward combustion engine vehicles as it faces a challenging financial outlook. The German luxury automaker announced plans to introduce...
Trump's administration revoked federal approval of New York’s congestion pricing tolls, halting the program one month after its rollout

Trump admin blocks New York’s congestion pricing plan

- February 20, 2025
The Trump administration has revoked federal approval of New York’s congestion pricing tolls, effectively halting the program just one month after its implementation. U.S. Transportation Secretary Sean Duffy announced the...
The Tesla Cybertruck has officially earned a five-star overall safety rating from the NHTSA, confirming its strong crash performance.

NHTSA awards Tesla’s Cybertruck five-star safety rating

- February 20, 2025
The Tesla Cybertruck has officially earned a five-star overall safety rating from the U.S. National Highway Traffic Safety Administration (NHTSA), confirming its strong crash performance more than a year after...
Carvana exceeded Wall Street’s fourth-quarter sales and earnings expectations but saw its stock drop following the announcement.

Carvana beats Q4 estimates, projects strong growth for 2025

- February 20, 2025
Carvana exceeded Wall Street’s fourth-quarter sales and earnings expectations but saw its stock drop following the announcement. Despite strong financial performance, shares fell 8.3% in after-hours trading to $258.50, likely...
Wholesale used-vehicle prices declined in the first half of February, with the Manheim Used Vehicle Value Index falling to 203.3.

Wholesale used-vehicle prices dip in February, EVs see steeper declines

- February 20, 2025
Wholesale used-vehicle prices declined in the first half of February, with the Manheim Used Vehicle Value Index falling to 203.3—down 0.2% from the full month of February 2024. While non-adjusted...

S.C. dealers secure victory as lawmakers reject Scout Motors’ sales model – E. Sims Floyd, Jr. | SCADA

- February 20, 2025
A South Carolina bill that would have allowed Volkswagen’s Scout Motors to bypass the traditional franchise dealer system has been halted in a unanimous 8-0 committee vote. Sims Floyd Jr.,...

Cox Automotive’s Marianne Johnson on AI’s growing impact in retail automotive

- February 20, 2025
The buzzword for the automotive industry in 2024 and a prominent focus at the 2025 NADA Show was artificial intelligence (AI). However, AI isn't new—it has been a part of...
The Dave Cantin Group is proud to announce its elevated partnership with the CNCDA as the exclusive licensed vendor in M&A in 2025.

Dave Cantin Group announces strategic partnership with CNCDA

- February 19, 2025
NEW YORK, Feb. 19, 2025 (GLOBE NEWSWIRE) -- The Dave Cantin Group (DCG), a leading mergers and acquisitions advisory company to retail automotive groups and their owners, is proud to announce its...
Trump confirms 25% auto tariffs starting April 2, escalating trade tensions. New import duties also target steel, aluminum, and key allies.

President Trump confirms 25% auto tariffs, expanding trade crackdown

- February 19, 2025
Last week, President Donald Trump floated plans to impose new tariffs on automobile imports, set to take effect around April 2. Yesterday, he confirmed that the tariffs will likely be...


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