5,000 General Motors employees opt for buyout program
On March 9, Mary Barra, the CEO of General Motors, announced to her staff that further job reductions would occur, but this time the cuts would be voluntary. The announcement...
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
U.S. auto sales defy economic headwinds in first-quarter of 2023
Amid an uncertain economic outlook, the automotive industry has much to be optimistic about with March's auto sales performance. With year-over-year new vehicle gains and most major automakers seeing growth,...
After a stellar career leading CADA, what’s next for Tim Jackson?
Tim Jackson, a prominent figure in the automotive industry, serving as the President and CEO of the Colorado Automobile Dealers Association (CADA) for almost two decades, is stepping down from...
6 dealers changing their local communities for the better
Seventy-seven percent of consumers are motivated to buy from companies that are committed to making the world a better place. Customers enjoy seeing businesses they support doing good.
Not only can...
Hyundai and Kia break sales records in March, grow EV sales
Hyundai and Kia have officially broken their previous monthly sales records, continuing their streak of month-over-month gains.
Hyundai announced it had sold a record-breaking 75,404 vehicles last month alone, a 27%...
Weekly Roundup: Rivian fumbles, Manchin makes a stand, used car market updates
Weekly Roundup
Earlier this week: Rivian's stock dropped to its lowest, falling roughly 92% from the initial trading of $130 in 2021, used car prices declined 8.7% from February of 2022,...
The road ahead for Jaguar and Hyundai considers its own EV charging network
Welcome to another edition of The Future of Automotive, with Steve Greenfield, Founder, and CEO of Automotive Ventures, an auto technology advisory firm that helps entrepreneurs raise money and maximize...
Ford announces $1 Million scholarship program to support students pursuing careers as automotive technicians
• Investment backed by Ford Fund and Ford Dealers will help meet the high demand for highly skilled automotive technicians across the industry
• Scholarship program aims to foster diversity and...
Murgado Automotive Group acquires 6 dealerships, LaFontaine adds Chevy store
According to the Q4 2022 Haig Report, which tracks trends in auto retail and their impact on dealership values, dealership profits reach new peaks in 2022, driving the robust demand...
Ford’s Tennessee plant intends to produce 500,000 EVs every year
On March 24, Ford announced its new plant, which is being built south of Memphis, Tennessee, will be able to produce 500,000 EVs yearly when it is fully operational.
Ford's next-generation...
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