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

Tesla generated $7.9 billion in net income in the final months of 2023, clouding profitability expectations for the coming months.

Tesla Q4 earnings plunge 40% despite revenue, sales gains

- January 25, 2024
Electric vehicle brand Tesla reported a steep decline in fourth-quarter profits against a 3.5% increase in revenue over the same period, missing analyst forecasts and raising questions for the new...
Ford and Hyundai shared financial with updates with investors amidst a backdrop of uncertainty over the car market's future.

Ford dials back Q4 earnings expectations, Hyundai profits jump 31%

- January 25, 2024
Automakers Ford and Hyundai shared financial updates from the fourth quarter, offering new insights into their 2023 performance. Ford announced that a pre-tax remeasurement loss, stemming from employee retirement expenses and...
Farid Ahmad joins Driving Solutions to discuss the 2023 dealership M&A market and the buy-sell trends he expects to see in 2024.

Forecasting the 2024 dealership M&A market — Farid Ahmad | DSMA

- January 25, 2024
The dealership M&A (mergers and acquisitions) market has demonstrated incredible resilience in the post-pandemic economy, remaining undaunted by rising interest rates and fluctuating demand. On the other hand, the buy-sell...
Aaron Baldwin joins Driving Solutions to discuss the headwinds facing car dealers in 2024 and how data is paving the way to bigger profits.

How data is helping car dealers maximize profits and retain customers — Aaron Baldwin | automotiveMastermind

- January 25, 2024
Car dealers have navigated a pandemic, high interest rates, inflation, and fluctuating demand with relative ease, underlining the strength of the retail automotive sector. However, with consumer preferences evolving and...
The Edmunds best-vehicle awards focused almost entirely on hybrid and fully-electric entries, with only once ICE model winning recognition.

Hybrids and EVs take center-stage in Edmunds best-car awards

- January 24, 2024
Edmunds has released its top-rated vehicle picks for 2024, recognizing the models that have continued to set the standard for excellence in their segment. Electric vehicles and hybrids earned much of...
Cadillac is launching two new V-Series models, this time with a greater emphasis on performance and advanced technology.

Cadillac shares CT5-V and CT5-V Blackwing details ahead of Daytona debut

- January 24, 2024
Cadillac has shared details of the upcoming CT5-V and CT5-V Blackwing, two luxury sedans targeted toward tech-savvy and performance-focused buyers. The two vehicles signify 20 years of Cadillac's V-Series, which celebrated...

Training your F&I team for success — Adam Marburger | Ascent Dealer Services

- January 24, 2024
The F&I business remains an important aspect of automotive retail in 2024, serving to boost profits and keep customers happy. However, given the tumultuous experiences of the last four years,...
Pat Driscoll joins Driving Solutions to discuss how car dealers can maximize profits by serving the agricultural sector.

How to win agricultural clients as a car dealer — Pat Driscoll | The Certified Agriculture Group

- January 24, 2024
Although demand for passenger and fleet vehicles is starting to normalize in the aftermath of the COVID pandemic, most car dealers have yet to tap into a key market that...
General Motors has revealed a modernized Chevrolet Equinox SUV with more external customization options and a re-vamped interior.

Chevy teases new Equinox with more customization, advanced tech

- January 23, 2024
General Motors has revealed an upgraded version of its Chevrolet Equinox SUV with modernized technology and a re-imagined design. The 2025 Equinox, slated to arrive later this year, features a more...
The USPS plans to spend about $9.6 billion on electric vehicles and charging infrastructure over the next four years.

USPS buys 9,250 Ford E-Transit vans after initial charging launch

- January 23, 2024
The United States Postal Service (USPS) announced its purchase of thousands of Ford-produced battery-powered vans shortly after unveiling its first electric vehicle charging stations. Both moves are part of a four-year...


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