TSLA367.160-8.07%
GM83.050-0.95%
F12.050-0.05%
RIVN12.950-0.42%
CYD26.570-1.22%
HMC33.4500.12%
TM188.600-0.11%
CVNA57.960-2.43%
PAG194.790-0.88%
LAD281.490-5.29%
AN153.190-2.13%
GPI228.370-3.22%
ABG161.970-2.57%
SAH60.050-1.01%
TSLA367.160-8.07%
GM83.050-0.95%
F12.050-0.05%
RIVN12.950-0.42%
CYD26.570-1.22%
HMC33.4500.12%
TM188.600-0.11%
CVNA57.960-2.43%
PAG194.790-0.88%
LAD281.490-5.29%
AN153.190-2.13%
GPI228.370-3.22%
ABG161.970-2.57%
SAH60.050-1.01%
TSLA367.160-8.07%
GM83.050-0.95%
F12.050-0.05%
RIVN12.950-0.42%
CYD26.570-1.22%
HMC33.4500.12%
TM188.600-0.11%
CVNA57.960-2.43%
PAG194.790-0.88%
LAD281.490-5.29%
AN153.190-2.13%
GPI228.370-3.22%
ABG161.970-2.57%
SAH60.050-1.01%


automotive news

Sonic Automotive, one of the largest dealership groups in the U.S., is closing eight EchoPark used-vehicle stores.

Sonic Automotive closes eight EchoPark locations to shift used-vehicle supply

- June 23, 2023
Sonic Automotive, one of the largest dealership groups in the U.S., is closing eight EchoPark used-vehicle stores in response to supply and demand pressures, as revealed in a press release...
New vehicle quality drops again in 2023 as brands push new technology.

New vehicle quality drops again in 2023 as brands push new technology

- June 23, 2023
New vehicle quality decreased in J.D. Power's annual Initial Quality Study under industry-wide shifts to new features and emerging technologies. J.D. Power researchers calculated vehicle quality trends by counting problems per...
Suzannah Sarkahian joins Inside Automotive to discuss how dealers can help women advance their automotive industry careers.

How dealers can help fix the automotive industry gender gap — Suzannah Sarkahian | Audi Wynnewood

- June 23, 2023
Historically, the automotive industry has been male-dominated. Even in 2023, women make up less than 25% of all employees in car dealerships, according to The Bureau of Labor Statistics. On...

Morgan Automotive Group makes M&A history with purchase of Al Hendrickson Toyota

- June 21, 2023
Listen to this article: This week, Haig Partners served as the exclusive sell-side advisor for the most expensive dealership purchase in history with the sale of Al Hendrickson Toyota to Morgan Automotive Group. Al...
Electric vehicle customers are highly likely to consider new brands when shopping, according to an Edmunds study on brand loyalty.

Edmunds discovers low brand loyalty rates among EV buyers

- June 20, 2023
Electric vehicle customers are highly likely to consider new brands when shopping for a product, according to an Edmunds study on brand loyalty in the EV market. In its 2023 EV...
Ex-Nissan CEO Carlos Ghosn has filed a lawsuit against his former employer, seeking $1 billion in compensation for alleged defamation.

Ex-CEO Ghosn sues Nissan for $1 billion over alleged defamation

- June 20, 2023
Ex-Nissan CEO Carlos Ghosn has filed a lawsuit against his former employer, seeking $1 billion in compensation for alleged defamation, slander, libel and fabrication of material evidence. The case was filed...
Stellantis CEO Carlos Tavares

Stellantis invests $325 million into 10 sustainable mobility startups

- June 16, 2023
Stellantis Ventures, the investment arm of the automotive giant, has made significant financial commitments to fuel the growth of 10 startups and a mobility venture capital fund. These investments account...
GM

Weekly roundup: GM’s new EV battery plant, direct-to-consumer sales banned in Florida, and Lithia acquisition

- June 16, 2023
Earlier this week: General Motors announced that it will follow Ford's lead and adopt Tesla's North American Charging Standard. Florida Governor and presidential hopeful Ron DeSantis signed a state bill...
To further support affordability, median income experienced a growth of 0.3% during May. Manufacturers also offered increased incentives to entice buyers.

New vehicle affordability improved in May despite higher prices and interest rates

- June 15, 2023
In May, the affordability of new vehicles experienced a slight improvement compared to previous months, according to new data from Cox Automotive. This positive trend was primarily driven by solid...
Negotiations between the U.S. and U.K. are underway to arrange a deal granting U.K. businesses access to electric vehicle incentives

U.S. and U.K. talk electric vehicle incentives, negotiations underway

- June 9, 2023
Negotiations between the U.S. and U.K. are underway to arrange a deal granting U.K. businesses access to electric vehicle incentives in the Biden Administration's Inflation Reduction Act (IRA) through their exports...


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