TSLA378.9309.36%
GM79.5203.72%
F14.2700.28%
RIVN17.7600.52%
CYD44.7901.06%
HMC28.5600.39%
TM180.3401.81%
CVNA65.5801.44%
PAG195.190-0.31%
LAD330.7905.61%
AN198.4800.57%
GPI311.6205.67%
ABG216.1105.99%
SAH97.5301.19%
TSLA378.9309.36%
GM79.5203.72%
F14.2700.28%
RIVN17.7600.52%
CYD44.7901.06%
HMC28.5600.39%
TM180.3401.81%
CVNA65.5801.44%
PAG195.190-0.31%
LAD330.7905.61%
AN198.4800.57%
GPI311.6205.67%
ABG216.1105.99%
SAH97.5301.19%
TSLA378.9309.36%
GM79.5203.72%
F14.2700.28%
RIVN17.7600.52%
CYD44.7901.06%
HMC28.5600.39%
TM180.3401.81%
CVNA65.5801.44%
PAG195.190-0.31%
LAD330.7905.61%
AN198.4800.57%
GPI311.6205.67%
ABG216.1105.99%
SAH97.5301.19%


Automotive Industry Trends

Earlier this week: Nissan plans to boost sales by 1 million units and slash EV costs through its "Arc" strategy by 2027.

Automotive weekly roundup: Nissan targets growth, online sales rise, Hyundai Invests big in EV future

- March 29, 2024
Earlier this week: Nissan plans to boost sales by 1 million units and slash EV costs through its "Arc" strategy by 2027. CarGurus reports a trend toward online car buying...
Fisker is set to cut prices across its 2023 Ocean electric SUV lineup, hoping to spur sales as the threat of bankruptcy looms.

Fisker aggressively cuts Ocean SUV prices, looks to avoid bankruptcy

- March 28, 2024
Electric vehicle startup Fisker is making aggressive price cuts across its 2023 Ocean SUV lineup as it grapples with an increasingly dire financial situation that may result in bankruptcy. The new...
Hyundai is investing billions into electric vehicles to boost production and research, despite widespread disillusionment with the market.

Hyundai “doubling down” on electrification with $50 billion investment

- March 28, 2024
Hyundai Motor Group will invest $51 billion to increase the scale of its electric vehicle operations, "doubling down" on the battery-powered car segment even as other manufacturers postpone similar investments...
China’s ascendancy in the automotive sector is a multifaceted challenge requiring Western dealerships’ attention, strategy, and innovation.

Column | How China’s auto ambitions are reshaping global markets

- March 27, 2024
The global automotive industry is in a transformative phase, heavily influenced by America’s weaknesses and China’s expansive role. From dominating chip manufacturing to increasing its footprint in vehicle production, China’s...
The New Automotive Commerce Collab from CDK uses open and universal technology and APIs to better connect OEM and dealer software.

CDK bridges longstanding gap between OEM and dealer shopping experiences with Automotive Commerce Collab

- March 26, 2024
AUSTIN, Texas – March 26, 2024 Due to friction created between the various technologies used by original equipment manufacturers (OEMs) and franchise dealers, consumers have long experienced frustration when navigating...
Automotive AI is full of promise–from enhancing the customer experience and empowering staff to driving better business results.

Maximizing performance with automotive AI

- March 26, 2024
As the auto industry begins to stabilize, dealers and OEMs face a new set of challenges. Slowly rising inventory levels, declining margins, brittle supply chains, and persistent labor shortages mean...
China's BYD has launched a new version of its Seagull EV that costs less than $10,000, presenting a challenge to U.S. car brands.

China’s BYD threatens global car makers with sub-$10,000 Seagull EV

- March 25, 2024
Chinese automaker BYD has launched a new version of its Seagull electric vehicle that costs less than $10,000, presenting a challenge to automakers that have yet to address a developing...
Nissan plans to address EV affordability with lower production costs and better profit margins while selling an additional 1 million units.

Nissan to add 1 million in sales, combat EV headwinds with cost-cutting plan

- March 25, 2024
Nissan's new "Arc" mid-term growth strategy calls for an additional 1 million units in annual sales and for cutting electric vehicle manufacturing expenses by one-third. The automaker has set ambitious timelines...
The number of trade-in consumers with negative equity increased in Q4 2023, underscoring the headwinds facing used vehicle buyers.

Negative equity sets new record in previous-quarter’s used vehicle market

- March 25, 2024
Negative equity in the used vehicle market grew in the final months of 2023, underscoring normalizing trends in the preowned segment. Edmunds noted high levels of trade-ins worth less than the...
Vanessa Delegas joins Women Driving the Industry to share her insights into the relationship between leadership and representation.

Why the automotive industry needs more women leaders — Vanessa Delegas | Lovering Auto Group

- March 25, 2024
Welcome to another episode of Women Driving the Industry, a show where leaders from across the automotive landscape discuss their professional experiences and shed light on the challenges women continue...


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