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

Carvana revealed its plans to raise capital and restructure operations by selling up to $1 billion in shares. 

Carvana announces Q2 earnings, reaches debt restructuring agreement

- July 19, 2023
On July 19, used-car retailing giant Carvana released its second-quarter earnings and announced an agreement to reduce the company's total debt by over $1.2 billion. In a statement, Carvana said the agreement...
Ford Kansas

A threat prompted the evacuation and shutdown of Ford’s Kansas City assembly plant

- July 19, 2023
Following hours of security sweeps in response to an anonymous complaint, several law enforcement agencies, including the Federal Bureau of Investigation, found no evidence of an ongoing threat at the...
Ujj Nath joins Inside Automotive to discuss how platforms like myKaarma can boost BDC performance and improve fixed ops profitability.

Enhancing fixed ops performance with BDC software — Ujj Nath | myKaarma

- July 19, 2023
It is important to partner with the right vendors, especially when it comes to entrusting your dealership's fixed operations to a business development company or BDC. On this episode of...
CDK Global's 2023 Trendsetter’s Guide to Automotive Retail explores what these forward-thinking dealers use to stay ahead of the game.

Why auto industry trendsetters are focused on these 3 things

- July 19, 2023
The 19th-century proverb, “The more things change, the more they stay the same,” couldn’t be more appropriate for today’s car dealers. People still purchase cars despite inventory challenges, rising interest...
A lawsuit opposing a new Georgia factory proposed by Rivian has hit a roadblock after the state supreme court refused to hear an appeal.

Rivian to receive massive tax breaks in Georgia after appeal attempt fails

- July 18, 2023
A lawsuit opposing tax incentives for a new Georgia factory proposed by Rivian hit a roadblock on July 14 when the state supreme court refused to hear an appeal in...
The Prince Toyota dealership of Tifton, Georgia, has donated $5,000 to the Tift Regional Medical Center (TRMC) Foundation.

Prince Toyota dealership donates $5,000 to Tifton medical foundation

- July 18, 2023
The Prince Toyota dealership of Tifton, Georgia, has donated $5,000 to the Tift Regional Medical Center (TRMC) Foundation to help the organization provide better care for its patients. The Toyota dealership...
Sean Gardner joins Inside Automotive to discuss techniques for closing the sales process and winning over more customers.

Understanding the sales process: how to close more deals — Sean Gardner | Joe Verde Group

- July 18, 2023
Closing is a critical step in the sales process, and having a technique that works almost every time can make things much easier on the floor. On this episode of...
Tesla has officially built its first Cybertruck at its Texas factory, but questions still remain about the electric pickup.

Tesla produces first Cybertruck at Texas factory ahead of Q2 earnings call

- July 17, 2023
Tesla has officially built its first Cybertruck, possibly placing the brand within stone's throw of a climactic end to the electric pickup's four-year-old saga. The electric vehicle brand first teased the...
Nissan recall

Nissan recalls over one million vehicles across three global markets

- July 17, 2023
Japanese automaker Nissan has reportedly issued a global recall of over one million vehicles, including the Note, Kicks, Serena, and Leaf.  The Nissan LEAF has been the only BEV model the...
Registration data from Experian suggests that legacy automakers are struggling to build momentum in the electric vehicle market.

Electric vehicle models struggling to maintain last year’s sales pace

- July 17, 2023
Registration data from Experian suggests that legacy automakers are struggling to build momentum in the electric vehicle market, despite the sizeable growth in the segment seen throughout 2023. According to the...


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