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

Robert Potamkin leaves behind his wife of 43 years, Lexie, alongside his brother, Alan Potamkin, five children, and two grandchildren.

Robert Potamkin, dealer legend and philanthropist, passes away

- December 20, 2023
Robert Potamkin, retail automotive legend and co-chair of the Potamkin Automotive Group, passed away on November 30 at the age of 77. He leaves behind his wife of 43 years, Lexie,...
Toyota, announced that its Daihatsu division would stop shipping vehicles after an investigation into a safety scandal revealed problems.

Toyota’s Daihatsu unit halts vehicle shipments amid safety scandal

- December 20, 2023
The largest Japanese carmaker, Toyota, announced on Dec. 20, that its Daihatsu division would stop shipping any of its vehicles after an investigation into a safety scandal revealed problems with...
Glenn Pasch joins Inside Automotive to discuss the most important automotive marketing trends dealers should know before 2024.

The best (and worst) automotive marketing strategies for 2024 — Glenn Pasch | PCG Digital

- December 20, 2023
The car market is slowly falling back into its old habits, which means more competition, increased incentives, and bigger automotive marketing budgets. But when it comes to marketing, whether on...
Given how life changed during and after lockdowns, the Hyundai and Amazon partnership is an indicator of where the industry is headed.

Opinion | Hyundai and Amazon: driving towards a digital future or just another pit stop?

- December 20, 2023
Well, we've expected this for some time: Hyundai and Amazon are doing a collab in 2024, and everyone from industry insiders to the average Amazon Prime member is talking. At...
Tesla plans to boost pay at its Nevada Gigafactory as it looks to compete with Detroit-Three wages and fend off unionization campaigns.

Tesla boost pay in Nevada as UAW targets non-union automakers

- December 19, 2023
Tesla plans to boost pay at its Nevada Gigafactory in 2024, becoming one of the last non-unionized automakers to increase compensation in the aftermath of the United Auto Workers (UAW)...
Monthly CPO sales improved over last year in November while falling only 0.6% from October, compared to 12.8% in the used vehicle market.

CPO sales show resilience in final weeks of 2023

- December 19, 2023
Sales of certified pre-owned (CPO) vehicles increased in November on a year-over-year basis but fell just short of October's pace as the retail automotive sector contends with modest end-of-year slowdowns...
Kevin Tynan joins Inside Automotive to share his predictions for the New Year and take a look back at the last 12 months of car sales.

The profit and inventory trends dealers will see in the New Year — Kevin Tynan | Bloomberg Intelligence

- December 19, 2023
After a tumultuous year, dealers are speculating over what the New Year has in store for the retail automotive sector. Will the industry continue to see pre-pandemic conditions return, or...
Jonathan Jordan and Zach Williams join Driving Solutions to show how JM&A Group's Virtual F&I solution can improve the car-buying experience.

How virtual F&I improves the in-store car-buying experience

- December 19, 2023
Throughout the year, dealership financing and insurance (F&I) departments have been navigating tough issues from high interest rates to increased frustrations with the car-buying experience. Going into 2024, dealers will...
It is important for leaders to promote a culture of accountability, meaning they must be an example and hold themselves accountable, too.

7 key ingredients for dealership-wide accountability

- December 19, 2023
One of the most difficult yet important tasks for business leaders is finding ways to hold their staff accountable. From employees who have worked at a dealership for decades to...
Electric vehicles sales are now projected to reach 16.7 million units in 2024, down from 17.5 million earlier this year.

Researchers slash electric vehicle sales forecasts for 2024

- December 18, 2023
While electric vehicle sales are still on track to grow in 2024, analysts have grown more cautious toward the segment following a disappointing year of unexpectedly timid demand and disillusionment...


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