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

Ford saw sales fall slightly in November on both a monthly and yearly basis, but achieved success through its hybrid and EV lineups.

Ford ICE sales dip in November as hybrids, EVs shine

- December 5, 2023
Ford Motor Company's U.S. vehicle sales dipped in November on both a monthly and yearly basis as the automotive industry continues to grapple with normalizing demand. The Detroit automaker sold 145,559...
Articles Headlines
Tesla will now need to face a class action lawsuit alleging its insurance division used false data to hike customer premiums.

Judge refuses to dismiss class action lawsuit targeting Tesla insurance arm

- December 5, 2023
A California judge on Monday refused to dismiss a lawsuit targeting Tesla and its insurance arm, setting the company up for a difficult legal battle involving plaintiffs from multiple states. The...
Articles Headlines
Sean Gardner joins CBT Now to offer three sales strategies dealers can use to drive more holiday traffic to the showroom.

Top 3 sales strategies to drive holiday traffic to your dealership — Sean Gardner | Joe Verde Group

- December 5, 2023
The holiday season is in full swing, meaning now is the time for dealers to implement the right sales strategies and drive traffic to their showrooms. However, with demand for...
Featured Sales & Marketing
Significant M&A activity in October and November: auto dealerships in Charlottesville, Fresno, and Cincinnati change hands.

M&A roundup: dealerships change hands in Virginia, California, Ohio and more

- December 5, 2023
The most recent Q3 2023 Haig Report from buy/sell firm Haig Partners, highlights the robust demand for car dealerships. According to the report, 2023 is on track to become the...
Daily Automotive News Mergers & Acquisitions Tracker
Automakers have started the process of re-evaluating which models qualify for the full electric vehicle tax credit following new regulations.

GM, Tesla react to Biden Admin’s new EV tax credit rules

- December 4, 2023
Last week, the Biden Administration announced new electric vehicle tax credit guidelines, causing U.S. automakers to re-evaluate which models will qualify for the government's $7,500 incentive in 2024. In its revisions,...
Articles Headlines
Honda continued to build its sales momentum in the U.S. over the month of November, but may be forced to recall more than 500,000 vehicles.

Honda scores November sales win but faces mounting regulatory pressure

- December 4, 2023
While Honda and its subsidiary Acura continued to see strong U.S. sales in November thanks to sustained demand and an improving international supply chain, the company is facing a potentially...
Articles Headlines
Biden released EV tax credit regulations restricting Chinese imports that could halt the U.S. from shifting away from fossil fuel

Biden’s new EV regulations to limit China’s role in U.S. market

- December 1, 2023
The Biden administration released electric vehicle tax credit regulations restricting Chinese imports. However, by reducing the number of vehicles that meet the $7,500 federal tax credit requirements, the regulations may...
Headlines Articles
On the retail side of things, Hyundai sold 58,027 units in Nov., marking a 3% year-over-year increase from November 2022.

Hyundai reveals November sales surge, led by Santa Fe and IONIQ 5

- December 1, 2023
Hyundai Motor America has reported its highest-ever November sales, totaling 70,079 units, marking an impressive 11% increase compared to November 2022. This achievement extends Hyundai's consecutive monthly sales growth streak...
Articles Headlines
One of the largest car dealership groups in the United States, Group 1 Automotive, has taken a significant step towards sustainability.

Group 1 Automotive installs 10,000 solar panels on dealership rooftops

- December 1, 2023
One of the largest car dealership groups in the United States, Group 1 Automotive, has taken a significant step towards sustainability by completing the installation of 10,000 solar panels across...
Headlines Articles
Dealers' EV concerns, auto retail gains, UAW campaign, Rivian leasing, and Sheehy Auto's charity— all in one article.

Weekly roundup: dealers confront Biden on EV policy, UAW expands unionization, Rivian introduces leases

- December 1, 2023
Earlier this week: Thousands of U.S. dealerships, operating as "EV Voice of the Customer," expressed concerns to President Biden about proposed emissions standards in an open letter. Nov. U.S. new-vehicle...
Daily Automotive News Articles

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