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

J.D. Power has projected an increase to the seasonally adjusted annualized rate (SAAR) for total new-vehicle sales, to 15.5 million units.

Nov. U.S. auto sales expected to soar: new-vehicle sales up 10.2% year-over-year

- November 27, 2023
According to a joint forecast from J.D. Power and GlobalData, the automotive retail industry is witnessing a significant upswing in November, with total new-vehicle sales projected to hit 1,236,000 units,...
This legal challenge follows a series of union-led actions against Tesla in Sweden, including a strike by metalworkers' union IF Metall.

Tesla sues Sweden as striking workers block license plate deliveries

- November 27, 2023
A notable legal battle involving electric vehicle maker Tesla has emerged in Sweden. The Texas-based automaker has filed a lawsuit against the Swedish state through its Transport Agency. This move comes...
Since the 2022 Inflation Reduction Act, approximately $128 billion has been invested in domestic EV and battery manufacturing.

EV policy will play a critical role in upcoming 2024 elections

- November 27, 2023
The discourse around electric vehicles (EVs) is heating up on the political front, reporting by Reuters reveals. As the 2024 presidential race intensifies, EVs have become a contentious topic. Republican contenders,...
Ian Hunter and Jonathan Jordan join Driving Solutions to discuss the key strategies dealers have used to fight inflation and achieve success.

How to combat inflation, boost sales and enhance F&I performance

- November 27, 2023
Obstacles such as rapid inflation, high interest rates and constrained supply continue to challenge both dealers and car buyers, even as the car business rebounds from the COVID pandemic. To...
Danny Zaslavsky joins Inside Automotive to discuss the used car market and why dealers need to refine their appraisal methods.

Used car market trends: why dealers are turning to multichannel acquisitions — Danny Zaslavsky

- November 24, 2023
The used car market has experienced more ups and downs than any other automotive segment in recent years as consumer demands shift in response to pricing and new car availability....
Dealers have grown more accustomed to digital retailing tools, with the number of stores offering a fully online experience rising to 40%.

Dealers warm up to digital retailing but obstacles persist

- November 24, 2023
The adoption of digital retailing tools among dealers has expanded in 2023, with the percentage of storefronts offering a fully online car-buying experience increasing from 30% to 40% in the...
Sheehy Auto Stores has raised more than $340,000 for the American Heart Association in 2023, continuing its 11-year partnership.

Sheehy Auto Stores raises $340,000+ for American Heart Association

- November 24, 2023
Virginia-based Sheehy Auto Stores has raised $341,476 in 2023 to support the American Heart Association (AHA), continuing its long-term commitment to fight heart disease and improve health. The dealership group began...
Tesla is implementing a "congestion fee" at select Supercharger locations in an effort to combat long wait times amidst rising demand.

Tesla to charge “congestion fee” at some Supercharger locations

- November 24, 2023
Tesla will charge certain drivers a "Supercharger Congestion Fee" at a limited number of charging sites across the U.S. in an effort to reduce wait times and improve the customer...
Fernando Varela joins Inside Automotive to discuss strategies for improving diversity in the retail automotive workforce.

Actionable steps to improve diversity within the dealership — Fernando Varela | Varela Group

- November 23, 2023
National Hispanic Heritage Month is a time to celebrate diversity and reflect on the culture and contributions of the Hispanic community. Within retail automotive, Hispanic Americans make up 18% of...
Service centers continued to see strong earnings and demand throughout October, even as the industry grapples with fluctuating sales.

Service center revenue, demand remain strong throughout October

- November 21, 2023
Dealers continued to see demand and profit in the service center throughout October, with revenues and work volumes remaining strong despite industry-wide instabilities stemming from the United Auto Workers strike. Service...


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