TSLA362.86017.73%
GM87.9301.78%
F14.4100.42%
RIVN16.9700.96%
CYD39.8801.17%
HMC33.3700.77%
TM197.3505.11%
CVNA69.880-1.64%
PAG216.8700.32%
LAD370.7300.06%
AN199.490-0.6%
GPI261.850-1.97%
ABG214.810-0.56%
SAH77.450-0.33%
TSLA362.86017.73%
GM87.9301.78%
F14.4100.42%
RIVN16.9700.96%
CYD39.8801.17%
HMC33.3700.77%
TM197.3505.11%
CVNA69.880-1.64%
PAG216.8700.32%
LAD370.7300.06%
AN199.490-0.6%
GPI261.850-1.97%
ABG214.810-0.56%
SAH77.450-0.33%
TSLA362.86017.73%
GM87.9301.78%
F14.4100.42%
RIVN16.9700.96%
CYD39.8801.17%
HMC33.3700.77%
TM197.3505.11%
CVNA69.880-1.64%
PAG216.8700.32%
LAD370.7300.06%
AN199.490-0.6%
GPI261.850-1.97%
ABG214.810-0.56%
SAH77.450-0.33%


automotive industry news

New car supply dipped slightly in July as improved manufacturing and higher demand allowed dealers to sell more vehicles at higher prices.

New car supply sees slight decline in July as demand remains strong

- August 11, 2023
New car supply dipped slightly in July as improved manufacturing, higher demand and ongoing scarcity allowed dealers to sell more vehicles at higher prices. According to a Cox Automotive report, dealership...
Articles Headlines
Jason Wilson joins Inside Automotive to discuss why electric vehicle demand is stalling in some states and why dealers are worried.

Explaining differences in electric vehicle demand between states — Jason Wilson | KADA

- August 11, 2023
As electric vehicle demand rises, more states are adopting regulations created by the California Air Resources Board (CARB). These policies push automakers to gradually lower their carbon footprints by requiring...
Inside Automotive Featured
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 startup is taking the stress out of home EV charging installation

- August 11, 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...
Future of Automotive Featured
Minority-owned stores now total 1,476 stores scattered throughout the U.S., which is almost 9% of all franchised dealers.

The U.S. retail automotive industry added 110 minority-owned stores in 2022, NAMAD data shows

- August 11, 2023
According to the National Association of Minority Automobile Dealers (NAMAD), the automobile industry added an impressive 110 minority-owned stores in 2022. Minority-owned stores now total 1,476 stores scattered throughout the...
Daily Automotive News Articles
This week: Bill Ussery Motors sells dealerships for $150M, Rivian's Q2 gains, UAW President challenges Stellantis, and more automotive news.

Weekly roundup: UAW President blasts Stellantis for ‘trash’ proposal, Mercedes-Benz dealerships sell for $150M

- August 11, 2023
Earlier this week: Bill Ussery Motors sold its Mercedes-Benz dealerships in Cutler Bay and Coral Gables to affiliates of Dream Motor Group, for a listed transaction value of $150 million....
Articles Headlines
Credit access improved in July to the highest point since March, when several bank failures caused lenders to adopt restrictive policies.

Car buyers see credit access improve in July as loan approvals rise

- August 10, 2023
Car buyers saw credit access improve in July to the highest point since March, when the collapse of several banks caused lenders to adopt restrictive policies. Cox Automotive's Dealertrack Credit Availability...
Articles Headlines
OEM executives believe that the COVID pandemic has created a new normal for certain aspects of the car market.

OEM executives see new normal for pricing, sales model in survey

- August 10, 2023
OEM executives believe that the COVID pandemic has created a new normal for certain aspects of the car market, according to a survey conducted by mergers and acquisitions firm Kerrigan...
Articles Headlines
Shawn Fain, president of the UAW, denounced an agreement offered by Stellantis amidst ongoing talks over union pay and benefits.

UAW president Fain denounces Stellantis proposal amidst negotiations

- August 9, 2023
Shawn Fain, president of United Auto Workers (UAW), denounced an agreement offered by Stellantis amidst ongoing contract negotiations between Detroit automakers and union representatives. In its proposal, Stellantis sought terms that...
Articles Headlines
New car prices rose only 0.4% year-over-year in July, the smallest annual increase in a decade according to Cox Automotive.

New car prices see slight increase in July as inventory recovers

- August 9, 2023
New car prices rose only 0.4% year-over-year in July, the smallest annual increase in a decade. According to Cox Automotive, average transaction prices reached $48,334 by the end of the month,...
Articles Headlines
MC Watson joins Inside Automotive to discuss how car dealers can earn more by maintaining relationships with fixed operations clients.

Why relationships are crucial to fixed operations growth — MC Watson | automotiveMastermind

- August 9, 2023
Driving more consumers into the service bay is important for car dealers looking to grow their business, especially considering that fixed operations revenue typically comprises roughly half of a dealership's...
Featured Inside Automotive

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