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

AI is helping dealers inspect and price cars more efficiently and transparently with its ability to instantly study millions of data points.

How AI is driving transparency in the vehicle pricing process

- April 22, 2024
In today’s dynamic market, vehicle pricing is everchanging with vehicle condition, location, color and even added features like heated seats impacting the price tag on dealer lots. For dealers, offering...
Nissan has lowered its profit forecast due to a variety of factors ranging from shipping delays to increased competition in the U.S.

Nissan cuts profit forecast but still expects to beat prior year by wide margin

- April 19, 2024
Nissan has lowered its profit forecast for the fiscal year ended in March due to missed global sales targets. The Japanese automaker revealed the adjustment on Thursday, cutting its 2023 net...
April's new vehicle inventory levels remain well ahead of last year but are held back by strong demand.

New vehicle days’ supply shrinks as affordability drives demand

- April 19, 2024
New vehicle inventory was stable month-over-month in early April due to a sizeable increase in demand but remained far ahead of prior-year levels thanks to the recovery of OEM production. Cox...
In this episode of Women Driving the Industry, we explore Jenell Ross's personal journey as a leader in the automotive industry.

Jenell Ross celebrates 50 years at the helm of the nation’s only black woman-owned Buick, GMC, and Mercedes-Benz Dealership

- April 19, 2024
The Bob Ross Auto Group, founded by Robert P. Ross Sr. in 1974, is a family-owned business that has accomplished much in the automotive industry. Following Robert's passing, his wife...
In this week's top automotive stories, Tesla plans to lay off 10% of its workforce and Mexico refuses to give Chinese car makers incentives.

Automotive weekly roundup: Tesla layoffs, governors protest unions, Mexico refuses incentives

- April 19, 2024
Earlier this week: A leaked internal memo reveals that Tesla will lay off 10% of its global workforce after quarterly sales declined. New car inventory levels continue surging as the...
I’m Steve Greenfield from Automotive Ventures, and I’m glad that you could join us.It’s been a tough quarter for many of the legacy automakers. highways emissions

Five key factors driving the sharp increase in auto insurance costs

- April 19, 2024
Welcome back to the latest episode of The Future of Automotive on CBT News, where we put recent automotive and mobility news into the context of the broader themes impacting...
Mexico will not provide government subsidies to Chinese automakers due to pressures from U.S. officials, one report claims.

Mexico denies BYD, other Chinese car makers, access to incentives

- April 18, 2024
Mexico has reportedly denied Chinese automakers access to government incentives due to pressures from U.S. officials. According to a Reuters report, Mexican officials met with BYD, a major Chinese automaker, in...
Used vehicle prices at auction declined in the first two weeks of April as sales cooled off from a tax-season-fueled surge.

Wholesale used vehicle prices slip in early April as sales pace slows

- April 18, 2024
Used vehicle prices at auction declined again in the first half of April as the average pace of sales slowed following a burst of demand in March. The total month-over-month decline...
Gloria Purdy joins Inside Automotive to discuss why dealers must incorporate employee feedback to identify and retain high quality talent.

How to incorporate employee feedback and win more talent — Gloria Purdy | Hoffman Auto Group

- April 18, 2024
Listening to employee feedback is more than a simple strategy for keeping workers happy. It is a critical component of your dealership's talent acquisition and retention strategies. On this episode of...
Tesla share prices continued to decline this week as shareholders grow increasingly worried over the company's future.

Tesla share price continues to plunge as Q1 earnings report looms

- April 17, 2024
Tesla share prices continued to fall this week after a leaked internal memo indicated the company planned to lay off more than 10% of its global workforce, dragging the brand's...


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