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

Former car dealer Bernie Moreno has won the GOP nomination for Ohio's Senate seat after securing an endorsement from Trump last December.

Former car dealer Bernie Moreno takes Ohio GOP Senate nomination

- March 20, 2024
Veteran car dealer Bernie Moreno has earned the Republican nomination for Ohio's upcoming Senate election, several months after receiving an endorsement from GOP presidential candidate Donald Trump. Moreno's victory comes after...
Annette Sykora joins Inside Automotive to discuss strategies that car dealers can use to adapt to a market in constant flux.

How car dealers can get ahead in a constantly evolving market — Annette Sykora | Smith Auto Family

- March 20, 2024
The automotive landscape is constantly evolving; the car dealers who adapt to that change are ultimately the ones who thrive. Unfortunately, the pace at which the industry is changing has...
Sean Gardner unpacks strategies for effectively bridging the gap and empowering customers to maximize their car-buying budgets.

How successful salespeople get leads and close deals in a competitive market — Sean Gardner | Joe Verde Group

- March 19, 2024
With the car market becoming increasingly consumer-friendly in the wake of the COVID-19 pandemic, dealership salespeople must prepare themselves for a more normalized environment. Unfortunately, due to steep turnover rates,...
New car affordability improved in February thanks to income growth, price declines, lower interest rates, and healthy demand.

New vehicle affordability hits highest point in 2.5 years—prices, rates decline

- March 18, 2024
New vehicle affordability improved marginally in February as prices and interest rates declined and income growth continued, reflecting the car market's slow but steady shift toward consumer-friendly conditions. According to Cox...
GOP presidential nominee Trump promised to charge 100% tariffs on vehicles made in Mexico at plants owned by Chinese automakers.

Trump promises 100% tariff on China-backed cars crossing Mexican border

- March 18, 2024
Presidential candidate Donald Trump has promised to charge 100% tariffs on vehicles built in Mexico at facilities owned by Chinese automakers should he win the 2024 election. Trump made the claim...
Mike Stanton joins Inside Automotive to discuss how the NADA and its members are working with the government to pursue electrification.

How dealers are leading the charge on electrification — Mike Stanton | NADA

- March 18, 2024
The National Automobile Dealers Association (NADA) has long been a pillar of support and guidance for auto dealers across the country. As the industry shifts further towards electrification, the NADA...
New vehicle demand caused supply levels to fall over the course of February as the car market continued to show signs of normalization.

New vehicle inventory shrinks in early March as sales rise and prices fall

- March 15, 2024
Resilient consumer demand in February spurred new vehicle sales forward but dragged inventory levels down from January's above-average supply. The pace of sales intensified last month, moving at a seasonally adjusted...
Hyundai and Ivego Group will continue working together to build commercial vehicles powered by battery and fuel cell technology.

Hyundai to build more electric commercial vehicles with Iveco Group

- March 15, 2024
Hyundai has signed a letter of intent with Iveco Group, a commercial vehicle brand, signaling its commitment to accelerate innovation in the heavy-duty truck sector. Hyundai said the letter strengthens its...

Automotive weekly roundup: Falling new vehicle prices, rising negative equity, Chevy Blazer EV is back

- March 15, 2024
Earlier this week: New car prices took another dip, nudging closer to their pre-pandemic norms, especially for electric vehicles, which saw the sharpest declines. At the same time, the used...
Dealer sentiments rose in the first quarter on better sales and inventory but were held back by declining profit expectations.

Dealer optimism sees spring boost but remains cloudy on profit concerns

- March 14, 2024
Dealers are showing more optimism toward the market but remain cautious on the whole as normalizing car prices continue to sap profits. According to Cox Automotive's Dealer Sentiment Index, dealer confidence...


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