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

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...
A new partnership aims to use artificial intelligence technology in the development of semiconductors for the automotive industry.

New partnership to build AI-powered semiconductors for automotive sector

- October 10, 2023
South Korean tech startup BOS Semiconductors has formed a partnership with U.S. artificial intelligence hardware company Tenstorrent to develop semiconductors for use in vehicles and vehicle manufacturing. The partnership will give...
BMW broke its previous electric vehicle sales record in the U.S. as overall sales rose 8% year-over-year during the third quarter.

BMW breaks quarterly electric vehicles sales record

- October 10, 2023
BMW broke its previous electric vehicle sales record in the U.S. as overall sales rose 8% year-over-year during the third quarter. From July through September, the German automaker recorded total sales...
Don't miss out on the next great profit opportunity in the automotive industry. Join Dealer Controlled Leasing and take control of your lending process today.

Dealer Controlled Leasing: The next great profit opportunity

Are you a dealership owner looking to maximize your profits while streamlining your operations? If so, Dealer Controlled Leasing (DCL) might be the game-changer you've been waiting for. DCL is...


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