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 Trends

The national average for an "eGallon" is less than half the current price of gas, implying that charging an EV remains more affordable.

EV charging costs average of $1.41 per eGallon, less than half the cost of gas

- January 8, 2024
In most areas of the U.S., charging an electric vehicle (EV) costs about $1 or $2 per gallon of gasoline [as of January 5]. The national average for an "eGallon"...

Penske acquires Don Allen Auto for $12.34 million, Feldman enters Indiana market

- January 8, 2024
Despite a slight decline from 2022's record highs, blue sky values—a key metric in dealership valuation—remain elevated, standing at 2.3 times above pre-pandemic levels. Industry experts suggest that these values...
Kirsten Knull joins Driving Solutions to discuss an exciting new development at vehicle delivery platform Draiver.

Modernizing the car buying experience with on-demand delivery — Kirsten Knull | Draiver

- January 5, 2024
Utilizing AI-optimized technology and a network of more than 20,000 top-rated, insured drivers, vehicle delivery platform Draiver helps dealerships maximize their customers' experience, reducing downtime and unlocking new revenue to...
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

2024 automotive investment outlook: steady growth despite election and economic uncertainty

- January 5, 2024
Welcome back to the latest episode of The Future of Automotive, with Steve Greenfield, Founder and CEO of Automotive Ventures, where we put recent automotive and mobility news into the context of the...
Staying aware of the latest trends is crucial for automotive retailing professionals seeking to navigate challenges and seize opportunities.

6 key automotive retailing trends to watch closely in 2024

- January 5, 2024
As the automotive industry continues to evolve, the year 2024 promises to be a pivotal one marked by dynamic shifts in automotive retailing. From advancements in technology to changing consumer...
Joe McCabe joins Inside Automotive to take a look back at the 2023 electric vehicle market and share his expectations for 2024.

Predicting the 2024 electric vehicle market — Joe McCabe | AutoForecast Solutions

- January 4, 2024
Electric vehicle adoption remains behind schedule despite the efforts of dealers, automakers, and government officials to spur demand. Where did all the excitement toward electrification go, and how will the...
Honda's venture into CPO leasing is just one indicator of the innovative paths dealerships might explore to thrive in the future.

Honda’s leap into used car leasing: a signpost to the future for dealerships

- January 3, 2024
As Honda announces its foray into certified pre-owned (CPO) vehicle leasing, it may be that the automotive industry stands at a curious crossroads. This move isn't just innovative; it's a telling...
What better way to welcome the new year than by checking out the exciting breakthrough vehicles that are bringing the heat in 2024?

10 of the most exciting vehicles hitting the streets in 2024

- January 3, 2024
What better way to welcome the new year than by checking out what breakthrough vehicles are on the horizon in 2024? We’ve highlighted 10 of the most exciting examples.  Of course,...
New car sales rose in December over the previous year, allowing the 2023 total sales volume to rise 11.6% from 2022.

New car sales improve in December, full-year volume hits 15.5 million

- January 3, 2024
New car sales will improve on a monthly and yearly basis, according to Cox Automotive, following a late-season demand surge in December. Based on the sales pace, Cox Automotive believes 1.36...
VinFast has signed agreements with five dealers across the U.S., marking the launch of its third-party retailer network.

VinFast follows through on franchise plans, partners with five U.S. dealers

- January 2, 2024
Vietnam-based electric vehicle manufacturer VinFast has formally entered partnerships with several U.S. dealers, marking a break from the fledgling company's initial direct-sales model. After signaling an interest in building a U.S....


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