FTC and NADA clash over no-junk-fees CARS policy
The Federal Trade Commission (FTC) has voted to implement a new rule banning anti-consumer tactics and unwarranted fees in car sales, prompting a swift and critical response from the National...
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 Trends
Asbury completes $1.2 billion acquisition of Jim Koons dealership group
Asbury Automotive Group has now fully acquired Jim Koons Automotive Companies, one of the largest privately-owned dealership groups in the U.S., for $1.2 billion.
The sale brings 20 dealerships representing 29...
Ford cuts F-150 Lightning production on slowing EV demand
Ford plans to cut production of the F-150 Lightning electric pickup in response to lower-than-anticipated EV demand in the U.S.
The Detroit automaker said it would reduce its annual production target...
Auto loan access hits speed bump in November after months of recovery
Auto loan access declined in November after multiple months of improving conditions, according to Cox Automotive's Dealertrack Auto Credit Availability Index.
After hitting a peak in the summer of 2022, auto...
Hybrid cars gain traction as automakers navigate EV transition
Several car makers are more closely considering producing hybrid cars and trucks to meet consumers' growing demand and avoid incurring penalties from federal fuel economy and emissions regulations.
Automakers are investing...
Ohio first state to open electric vehicle charging station with federal funds
The first of the Biden Administration's government-funded electric vehicle charging stations has officially opened in Ohio following a two-year wait.
The EV charging station opened last Friday, December 8, off I-70...
Why the electric vehicle market is taking forever to grow — Karl Brauer | iSeeCars.com
The electric vehicle market has faced a tough year in 2023, with the initial excitement among automakers, consumers and dealers giving way to frustration and disappointment. What are the factors...
The truth about Goldilocks, AI and your dealership
Let’s face it: technology is no longer a luxury for most of the world; it’s a necessity. Every industry has experienced drastic changes due to rapidly evolving technology in the...
United Auto Workers scores initial victory at non-union Volkswagen plant
The United Auto Workers union says 30% of Volkswagen employees at the company's Tennessee plant have joined the nationwide effort to organize labor across the automotive industry.
It took only a...
Dealer optimism hits new lows as industry adjusts to post-pandemic economy
Dealer optimism dropped significantly in the fourth quarter as the retail automotive sector wrestled with a normalizing car market and an oppressive economic climate.
According to Cox Automotive's Q4 Dealer Sentiment...
Latest Articles
