TSLA356.680-6.18%
GM86.570-1.36%
F13.885-0.525%
RIVN16.795-0.175%
CYD38.530-1.35%
HMC32.725-0.64%
TM194.820-2.53%
CVNA71.4801.575%
PAG218.3901.52%
LAD372.8602.13%
AN198.700-0.79%
GPI260.030-1.82%
ABG214.130-0.68%
SAH76.015-1.435%
TSLA356.680-6.18%
GM86.570-1.36%
F13.885-0.525%
RIVN16.795-0.175%
CYD38.530-1.35%
HMC32.725-0.64%
TM194.820-2.53%
CVNA71.4801.575%
PAG218.3901.52%
LAD372.8602.13%
AN198.700-0.79%
GPI260.030-1.82%
ABG214.130-0.68%
SAH76.015-1.435%
TSLA356.680-6.18%
GM86.570-1.36%
F13.885-0.525%
RIVN16.795-0.175%
CYD38.530-1.35%
HMC32.725-0.64%
TM194.820-2.53%
CVNA71.4801.575%
PAG218.3901.52%
LAD372.8602.13%
AN198.700-0.79%
GPI260.030-1.82%
ABG214.130-0.68%
SAH76.015-1.435%


automotive industry news

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...
Cheryl Thompson, founder and CEO of the CADIA, joins us on today's show to share insights on the state of diversity in the automotive industry

How Cheryl Thompson and CADIA advance diversity in automotive

- March 10, 2025
In the automotive industry, diversity, equity, and inclusion (DEI) efforts continue to face both progress and challenges. Cheryl Thompson, founder and CEO of the Center for Automotive Diversity, Inclusion, and...
Work Truck Solutions secures a majority investment from Rubicon Technology Partners to accelerate growth, enhance products, and expand partnerships.

Work Truck Solutions announces strategic investment from Rubicon Technology Partners

- March 7, 2025
Chico, CA, March 04, 2025 (GLOBE NEWSWIRE) -- Work Truck Solutions®, a leading software provider for the commercial vehicle industry, today announced that it has secured a strategic majority investment from...
The NADA sent a letter to Volkswagen Group CEO Oliver Blume and other executive board member, urging to reconsider Scout direct sales strategy

NADA requests VW to reevaluate Scout’s direct-to-consumer sales strategy

- March 7, 2025
The National Automobile Dealers Association (NADA) recently sent a letter to Volkswagen Group CEO Oliver Blume and other executive board members. In the letter, Stanton urges them to reconsider Scout...
Tesla offers discounted financing of 1.99% APR to well-qualified buyers on the Cybertruck as sales lag far below projections.

Tesla aims to boost struggling Cybertruck sales with discounted financing

- March 7, 2025
Tesla is offering discounted financing on its Cybertruck as demand for the electric pickup falls short of expectations. For a limited time, Tesla is offering a 1.99% APR for well-qualified...
BYD has rapidly grown into a dominant force in the automotive industry, challenging legacy automakers and rivaling Tesla in global EV sales.

BYD eyes EV dominance, sees cooperation with Tesla as key

- March 7, 2025
BYD, the Chinese electric vehicle giant, has rapidly grown into a dominant force in the automotive industry, challenging legacy automakers and rivaling Tesla in global EV sales. While Tesla is...


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