Vehicle prices dip to 7.2% over MSRP as supply improves
New vehicle prices remain higher than normal, averaging 7.2% above MSRP in January 2024, but price growth has started to cool in the face of improved supply levels and unstable...
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 news
Stellantis adopts NACS, skips deal with Tesla for Supercharger access
Stellantis has confirmed it will adopt the North American Charging Standard (NACS), making it the last major automaker to adopt the Tesla-developed electric vehicle plug.
NACS connectors are used in Superchargers,...
Which 2024 Super Bowl car commercial caught the most attention?
Few automakers participated in Super Bowl advertising this year, but the ones who did saw notable increases in internet traffic following the airing of their commercials.
Only four car commercials were...
Vehicle financing conditions trend against consumers in January
Vehicle financing remained an obstacle for many consumers in January, during which auto lenders displayed more caution and auto loan access declined.
According to Cox Automotive's Dealertrack Auto Credit Total Loan...
Why dealership groups are prioritizing M&A in 2024 — Joe Serra, Matt Serra | Serra Automotive
Serra Automotive, ranked number 12 out of the top dealership groups in the U.S. and number 6 out of the top privately held groups, is set to close on its...
OEM-backed Ionna EV charging network gets a CEO and regulator approval
Ionna, a joint-venture project involving seven automakers to build a massive electric vehicle charging network across the U.S. and Canada, has officially launched following its announcement in July 2023.
The collaboration...
Electric vehicle sales set new record in December, hybrid demand accelerates
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...
Wholesale used vehicle prices frozen in January
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...
Are the tables turning on Tesla? — Karl Brauer | iSeeCars.com
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%...
Honda ups earnings forecast after massive increase in U.S. sales
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...
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