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

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

Understanding the latest dealership profit forecasts

- April 5, 2024
Welcome back to the latest episode of The Future of Automotive on CBT News, where we put recent automotive and mobility news into the context of the broader themes impacting...
BYD witnessed a sharp quarter-over-quarter electric vehicle sales decline amidst a slowdown in demand and an economic downturn in China.

Automotive weekly roundup: BYD sales plummet, Tesla disappoints, Ford wins on hybrids

- April 5, 2024
Earlier this week: China's BYD saw sales plunge from the previous quarter amidst an economic downturn. Tesla reported disappointing sales for the first quarter, marking the first year-over-year decline since 2020....
Stellantis sales declined once more during the first quarter as it cedes market share to Detroit counterparts Ford and General Motors.

Stellantis U.S. sales drop again in Q1 after weak 2023

- April 4, 2024
Stellantis' U.S. sales continued to decline in the first quarter, causing it to bleed market share while other automakers reported strong year-over-year gains. The European car brand posted its quarterly numbers...
Pete MacInnis shares survey data from dealers that investigates the disconnect between quoting a payment and “The Payment!"

Digital Finance: Consumer Expectations and Today’s Digital Retail Reality

In last month’s article, “From the Fax Machine, to the future: Auto Finance Disruption Time is Here,” I revealed data that demonstrated how overdue disruption in the auto finance industry...
Eric DeMont joins Driving Solutions to discuss how dealers are using their defection data to drive sales, retention, and growth.

De-mistifying dealership defection rates — Eric DeMont | Urban Science

- April 4, 2024
Defection rates deliver vital information to dealers, allowing them to identify how many customers took their business elsewhere while measuring the impact of retention strategies. However, it has been exceedingly...
General Motors saw a slight sales decline during the most recent quarter, even as retail and truck sales grew from last year.

General Motors sales drop 1.5% on weakened fleet business

- April 3, 2024
General Motors saw a slight decline in sales over the first quarter driven by difficulties in its fleet business but retained its title as the U.S.'s best-selling automaker. The company sold...

Tesla faces EV competition amidst calls for a European alliance against Chinese dominance

- April 3, 2024
The competition in the electric vehicle (EV) market is on the rise. As Tesla is set to announce its first-quarter delivery data, there are growing concerns about competition from Chinese...
New vehicle sales are projected to increase over the first quarter, as lower prices and more incentives attract deal-starved buyers.

First quarter new vehicle sales set to rise despite slower March

- April 2, 2024
Analysts project new vehicle sales will rise in the first quarter despite a demand cooldown observed in March, as echoes from the post-pandemic boom continue to be felt throughout the...
Chinese automaker SAIC is planning to lay off thousands of workers at its General Motors and Volkswagen joint ventures, according to Reuters.

China’s SAIC allegedly plans layoffs at GM, VW joint ventures after sales fall

- April 1, 2024
State-owned Chinese automaker SAIC Motors may be planning to lay off a significant portion of its General Motors and Volkswagen joint-venture staff, in addition to employees at one of its...
Tesla has raised Model Y prices ahead of the release of its quarterly sales report, which is expected to reveal cooling demand.

Tesla hikes Model Y price as Q1 sales report looms

- April 1, 2024
Tesla has raised prices across its Model Y lineup as the company braces for the release of its quarterly sales report. All Model Y trim levels received price hikes of $1,000,...


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