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

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

How this automotive startup is taking the complexity out of digital car repairs

- October 13, 2023
Welcome to another edition of The Future of Automotive, with Steve Greenfield, Founder and CEO of Automotive Ventures, where I put recent automotive and mobility news items into context in...

Weekly roundup: UAW strikes Ford’s biggest factory, auto loan trends, Shift Technologies goes bankrupt

- October 13, 2023
Earlier this week: Ford faced an unexpected UAW strike, sending ripples through its Detroit counterparts, GM and Stellantis. Meanwhile, auto loan accessibility witnessed its third consecutive month of improvement. Tesla,...
Ed Morse Automotive Group is headquartered in Delray Beach, Florida with dealerships in Florida, Texas, Iowa, Missouri, Illinois, Colorado, and Oklahoma.

Ed Morse Automotive Group acquires three dealerships in Texas

- October 12, 2023
The Ed Morse Automotive Group announced today that it has acquired three dealerships in Fairfield, Texas. The dealerships were purchased from Foundation Automotive Corp. The new dealerships will be: Freedom Ford...
Jessica Stafford joins Driving Solutions to discuss some surprising developments in the electric vehicle segment.

Predicting shifts in the electric vehicle segment — Jessica Stafford | Cox Automotive

- October 12, 2023
The electric vehicle segment has undeniably reshaped the way the automotive industry and its consumers think about mobility. However, while the technology is exciting, dealers are facing considerable headwinds in...
Rusty West joins Driving Solutions to discuss the importance of convenience and consistency in improving the dealership experience.

What car buyers expect from their dealership experience — Rusty West | Market Scan

- October 12, 2023
In this era of fast-paced technological innovation and evolving consumer expectations, the retail automotive industry has found itself at the crossroads of providing a traditional dealership experience or developing new...
Jeffrey J. Brown will remain with Ally until January 31, 2024, or an earlier date determined by the Chair of the Board to ensure a smooth leadership transition.

Ally Financial CEO Jeffrey J. Brown steps down to become president of Hendrick Automotive Group

- October 11, 2023
Ally Financial announced today that Jeffrey J. Brown will be stepping down early next year after serving as Chief Executive Officer and a member of Ally's Board of Directors since 2015....
Auto loan accessibility rose in September for the third straight month, although car buyers still face an uphill battle to secure credit.

Auto loan accessibility improves for third consecutive month in September

- October 11, 2023
Auto loan and credit accessibility improved for the third consecutive month in September, according to Cox Automotive's Dealertrack Credit Availability Index. After a slight decline in May, auto loan accessibility began...
General Motors is now facing international labor strikes after failing to negotiate a tentative agreement with approximately 4,300 workers represented by the Canadian union Unifor.

Hours after Canadian union initiates strike, GM reaches tentative deal

- October 11, 2023
In the evening of October 10th, just hours after 4,300 workers at three General Motors facilities in Canada went on strike, the Canadian union Unifor and GM tentatively reached an...
Stellantis and Samsung SDI now plant to build two electric vehicle battery facilities in Indiana, with an estimated budget of $6.3 billion.

Stellantis and Samsung announce new electric vehicle battery plant

- October 11, 2023
Stellantis and Samsung SDI today announced plans to build another electric vehicle battery factory in Kokomo, Indiana. With this move, the companies will eventually operate two EV-related plants in the area,...
Aaron Bickart joins Driving Solutions to discuss the crucial role leasing will play in boosting dealership revenues in the months to come.

Q4 strategies to boost dealership profits — Aaron Bickart | OfferLogix

- October 11, 2023
Vehicle inventories have grown over the last year as supply chains around the world have improved but at the expense of dealership profits. After all, the more vehicles there are...


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