TSLA426.0108.16%
GM78.7901.58%
F14.9301.26%
RIVN14.2200.07%
CYD57.3501.69%
HMC26.4700.21%
TM189.080-0.58%
CVNA68.2803.89%
PAG164.7303%
LAD276.5802.05%
AN189.9803.55%
GPI326.1806.07%
ABG187.7202.34%
SAH78.1602.26%
TSLA426.0108.16%
GM78.7901.58%
F14.9301.26%
RIVN14.2200.07%
CYD57.3501.69%
HMC26.4700.21%
TM189.080-0.58%
CVNA68.2803.89%
PAG164.7303%
LAD276.5802.05%
AN189.9803.55%
GPI326.1806.07%
ABG187.7202.34%
SAH78.1602.26%
TSLA426.0108.16%
GM78.7901.58%
F14.9301.26%
RIVN14.2200.07%
CYD57.3501.69%
HMC26.4700.21%
TM189.080-0.58%
CVNA68.2803.89%
PAG164.7303%
LAD276.5802.05%
AN189.9803.55%
GPI326.1806.07%
ABG187.7202.34%
SAH78.1602.26%


automotive industry news

Cox Automotive's February Dealertrack Credit Availability Index revealed improvement in auto credit access.

Auto credit access improves in February, reaching highest level since 2022

- March 11, 2025
In February 2025, the Dealertrack Credit Availability Index revealed an overall improvement in auto credit access, with gains across most lending channels. While new-vehicle loans saw slight tightening, used-vehicle financing—particularly...
Sean Gardner, instructor and sales trainer at Joe Verde Group, shares four steps to beat the price grind, master negotiation, and sell more cars.

Beat the price grind and master negotiations – Sean Gardner | Joe Verde Group

- March 11, 2025
Price negotiations often feel like a relentless battle for salespeople and managers. However, Sean Gardner, instructor and sales trainer at the Joe Verde Group, offers a solution. In today's episode...
President Trump has announced a temporary suspension of new tariffs on Canadian and Mexican goods covered under USMCA.

U.S. reevaluates USMCA tariffs as Mexico gets temporary relief

- March 11, 2025
President Trump has announced a temporary suspension of new tariffs on Canadian and Mexican goods covered under the U.S.-Mexico-Canada Agreement (USMCA). The pause, effective until April 2, affects about 50% of Mexican...
Dave Cantin Group announced the promotion of Brian Gordon to President of the company and its related businesses.

Brian Gordon named President of leading automotive retail advisory firm Dave Cantin Group

- March 10, 2025
NEW YORK, March 10, 2025 – Dave Cantin Group (DCG), a leading mergers and acquisitions advisory company to retail automotive groups and their owners, today announced the promotion of Brian...
U.S. new-car dealerships rose in 2024, while franchises declined. Higher sales boosted throughput, with domestic brands consolidating.

U.S. new-car dealerships increase in 2024, while franchises decline

- March 10, 2025
The number of new-car dealerships in the U.S. increased by nearly 1% in 2024, reaching a total of 18,311 as of January 1, according to the 2025 Automotive News Dealer...
The Walters family has officially passed the torch of Bob Mayberry Hyundai in Monroe, N.C., to Pablo River Partners, marking the end of their long-standing involvement in the automotive retail business. The sale, which was finalized on March 5, was exclusively advised by The Presidio Group LLC, an independent merchant banking firm with expertise in mergers and acquisitions in the automotive retail and consumer mobility sectors.

Presidio facilitates sale of Bob Mayberry Hyundai to Pablo River Partners

- March 10, 2025
The Walters family has officially passed the torch of Bob Mayberry Hyundai in Monroe, N.C., to Pablo River Partners, marking the end of their long-standing involvement in the automotive retail...
Tesla's stock plunges for a seventh consecutive week amid EV sales declines, Musk's political ties, and public backlash.

Tesla’s stock continues to dip sparking investor concerns

- March 10, 2025
Tesla has lost almost all of its post-election gains as shares decline for the seventh consecutive week, marking the longest downturn in its 15-year history as a public entity. Last...
Toyota halts production after a fatal explosion at supplier plant, impacting RAV4 and Harrier output. Operations will be reassessed March 11.

Toyota extends production halt following fatal supplier incident

- March 10, 2025
Toyota has temporarily suspended production at multiple facilities following a fatal explosion at a key supplier’s plant in Aichi Prefecture, Japan. The March 6 blast at Chuo Spring's Fujioka plant...
According to the latest Cox Automotive MUVVI, wholesale used vehicle prices declined in February compared to January.

Manheim used vehicle value index drops in February as market sees mixed trends

- March 10, 2025
According to the latest Cox Automotive Manheim Used Vehicle Value Index (MUVVI), wholesale used vehicle prices declined in February compared to January on a mix, mileage, and seasonally adjusted basis....
Andy Wright criticizes classified listing platforms for deceptive pricing and urges them to take responsibility for transparency.

Vinart Dealerships’ Andy Wright calls for transparency on third-party classified listing platforms

- March 10, 2025
The rising costs and lack of transparency on third-party classified listing platforms are becoming a significant concern for dealers. In a recent LinkedIn post, Andy Wright, managing partner at Vinart...


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