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

Electric vehicle sales reached all-time highs in December but hybrids stole the spotlight with a rapid increase in demand.

Electric vehicle sales set new record in December, hybrid demand accelerates

- February 9, 2024
Global plug-in electric vehicle sales—including hybrids—broke all-time records in December 2023 despite widespread concern among manufacturers over a slowdown in consumer demand. Sales database platform EV-Volumes recorded nearly 1.56 million registrations...
Articles Headlines
Average wholesale used vehicle values throughout January were identical to December after a year of volatility in the pre-owned market.

Wholesale used vehicle prices frozen in January

- February 9, 2024
Wholesale used vehicle prices remained steady in January after taking a slight dip at the end of 2023, signaling the return of stability to the pre-owned car market. According to Cox...
Articles Headlines
Karl Brauer joins Inside Automotive to share his insights into the difficulties facing Tesla after its earnings disappointed investors.

Are the tables turning on Tesla? — Karl Brauer | iSeeCars.com

- February 9, 2024
Tesla broke sales records in 2023 but struggled to maintain profits as a series of aggressive price cuts failed to spur adequate demand. With the company's fourth-quarter earnings dropping 40%...
Featured Daily Automotive News
Honda increased its annual profit expectations after seeing a notable improvement in year-over-year sales in the third quarter.

Honda ups earnings forecast after massive increase in U.S. sales

- February 8, 2024
Honda boosted its earnings forecast for the fiscal year ending March 31 after reporting impressive profitability improvements over its third quarter. The automaker now expects to generate roughly $8.4. billion in...
Articles Headlines
Hyundai and a Massachusetts dealership are suing each other in federal court over the proximity of a planned storefront in Danvers.

Massachusetts dealership to face Hyundai in court over new storefront

- February 8, 2024
Hyundai is suing in federal court to open a new storefront in Danvers, Massachusetts after a nearby dealership complained that the move violated state regulations. The automaker originally planned to open...
Articles Headlines
Bill Wittenmyer joins Inside Automotive to share the latest news on consumer preferences and how they are influencing the car buying process.

How consumer preferences are dictating the car buying process — Bill Wittenmyer | DealerOn

- February 8, 2024
Consumer preferences have rapidly transformed in the retail automotive sector. Knowing how the expectations have changed and how buyer needs will continue to evolve will be essential to long-term dealership...
Sales & Marketing Inside Automotive
Todd Berko joins Driving Solutions to offer an insider perspective into the dealership M&A market and how valuations are critical to success.

A closer look at the dealership M&A valuations process — Todd Berko | Bel Air Partners

- February 8, 2024
The dealership M&A (mergers and acquisitions) market can be confusing to navigate. Knowing the technical aspects of valuations and buy-sell transactions is crucial to obtaining a good deal for your...
Featured Driving Solutions
We’ll explore some emerging trends within the automotive industry that make some dealers wonder if it’s worth advertising on TV anymore. 

Trends in automotive TV advertising—still worth it for dealers?

- February 8, 2024
Television advertisements are a big deal for car manufacturers. Minding our language, and depending on who you ask, it might be fair to say that television ads “used to be”...
Sales & Marketing Articles
Explore the seismic shift in the auto sales landscape as luxury vehicles become increasingly reserved for the top income earners.

The high-income club’s grip on auto sales

- February 8, 2024
The auto sales landscape is undergoing a seismic shift. In April of last year, CBS Detroit reported that Jonathan Smoke, chief economist at Cox Automotive, says new car sales are increasingly...
Daily Automotive News Articles
Ford recovered from its disappointing performance in 2022 with $4.33 billion in profit, beating analyst expectations despite a late-year loss.

Ford sets ambitious financial targets for 2024, reassesses EV strategy

- February 7, 2024
Ford posted strong quarterly and full-year revenues on Tuesday, beating analyst expectations—despite reporting a net loss for the October through December period—and announcing ambitious financial targets for 2024. The automaker earned...
Articles Headlines

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CBT News
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