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 is committed to identifying cost-cutting measures, including a $12 billion scale-back in future electric vehicle (EV) investment.

Ford reissues 2023 guidance, reveals $8.8 billion cost of labor deal

- November 30, 2023
In its latest financial update, Ford Motor Company has reissued its 2023 guidance, a month after withdrawing it due to the ongoing labor strikes and negotiations with the United Auto...
Headlines Articles
Notably, the UAW is not guaranteeing the successful organization of every plant or automaker participating in this campaign.

UAW launches ambitious campaign to unionize non-Detroit automakers

- November 30, 2023
The United Auto Workers (UAW) union has announced a bold initiative to organize 13 non-union automakers operating in the United States. This announcement comes in the wake of the UAW's...
Articles Headlines
Despite this setback, GM remains optimistic, planning to cover the costs of its new contract with the UAW and even increase its dividend.

GM reports $1.1 billion hit from UAW strike but raises dividend, adjusts financial outlook

- November 29, 2023
General Motors (GM) has reported a significant financial impact from the recent six-week strike by autoworkers, with pretax earnings suffering a $1.1 billion loss, according to The Associated Press. Despite this...
Headlines Articles
Discover the Florida Automobile Dealers Association's (FADA) first Hall of Fame event, celebrating 15 dealers for their business excellence.

FADA Pres. Ted Smith on the association’s inaugural Hall of Fame ceremony

- November 29, 2023
The Florida Automobile Dealers Association (FADA) marked a significant milestone on November 2 by inaugurating its first class of Hall of Fame inductees, which included 15 esteemed automotive retailers. These...
Daily Automotive News Featured
Dealers across the U.S. pen open letter to Biden, voicing concerns over the adoption of EVs and proposed emissions standards.

3,882 dealers nationwide challenge Biden on EV regulations in open letter

- November 29, 2023
Nearly 4,000 dealers across the United States have collectively penned an open letter to President Biden, expressing their concern over the proposed emissions standards that aim to phase out internal...
Articles Headlines
Haig Report Q3 2023: Unveiling robust dealership market trends, historic sales, and blue sky values in a dynamic auto industry landscape.

Strong demand for dealership acquisitions despite decline in blue sky values

- November 28, 2023
The latest Haig Report for Q3 2023 from buy/sell firm Haig Partners revealed a sustained high demand for car dealerships. The report indicates that 2023 is shaping up to be...
Articles Daily Automotive News
Tesla overcomes employee termination charges in NY, yet continues grappling with unionization efforts and NLRB investigations.

Key labor case against Tesla dismissed, still faces ongoing unionization challenges

- November 28, 2023
Tesla has successfully defended itself against charges of illegal employee termination in New York, connected to a unionization drive, marking a significant moment in its ongoing labor relations saga. The U.S....
Headlines Articles
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,...
Articles Sales & Marketing
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...
Articles Headlines
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,...
Articles Headlines

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