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

Self-driving tech company Mobileye predicts a downturn in the automotive chip company due to excess inventory accrued during the pandemic.

Mobileye predicts headwinds for 2024 self-driving market

- January 5, 2024
The automotive chip market is set to take a downturn in 2024, following a new report from self-driving technology company Mobileye. In its forecast for the new year, Mobileye, owned by...
Kirsten Knull joins Driving Solutions to discuss an exciting new development at vehicle delivery platform Draiver.

Modernizing the car buying experience with on-demand delivery — Kirsten Knull | Draiver

- January 5, 2024
Utilizing AI-optimized technology and a network of more than 20,000 top-rated, insured drivers, vehicle delivery platform Draiver helps dealerships maximize their customers' experience, reducing downtime and unlocking new revenue to...
Marion plant

Car manufacturers report impressive sales gains for 2023, GM tops list

- January 4, 2024
Domestic and import car manufacturers jostled for market share throughout 2023 but made overwhelming progress in year-over-year sales as production, affordability, and demand normalized. General Motors recorded a sales increase of...
External factors such as economic conditions impacted the used vehicle market in 2023, causing pre-owned pickups to lose popularity.

Top-selling used vehicle models trade places in 2023

- January 4, 2024
The Ford F-150 was one of the few used vehicle models to remain unaffected by economic trends in 2023, retaining its top-selling spot even as pickups saw a slight decline...
Joe McCabe joins Inside Automotive to take a look back at the 2023 electric vehicle market and share his expectations for 2024.

Predicting the 2024 electric vehicle market — Joe McCabe | AutoForecast Solutions

- January 4, 2024
Electric vehicle adoption remains behind schedule despite the efforts of dealers, automakers, and government officials to spur demand. Where did all the excitement toward electrification go, and how will the...
Ford has adjusted prices for the upcoming 2024 F-150 Lightning, weeks after halving the electric pickup's production target.

Ford adjusts 2024 F-150 Lightning prices ahead of release

- January 3, 2024
Ford has adjusted prices on the upcoming 2024 F-150 Lightning battery-powered pickups in response to shifting demand in the electric vehicle segment. The move comes just weeks after the Detroit automaker...
Used vehicle prices dropped again across November and December as trends within the retail automotive sector continued to normalize.

Wholesale used vehicle prices continue to normalize

- January 3, 2024
Used vehicle prices dropped again across November and December as trends within the retail automotive sector continued to normalize in the post-pandemic economy. According to auctioning platform ADESA, wholesale used vehicle...
New car sales rose in December over the previous year, allowing the 2023 total sales volume to rise 11.6% from 2022.

New car sales improve in December, full-year volume hits 15.5 million

- January 3, 2024
New car sales will improve on a monthly and yearly basis, according to Cox Automotive, following a late-season demand surge in December. Based on the sales pace, Cox Automotive believes 1.36...
VinFast has signed agreements with five dealers across the U.S., marking the launch of its third-party retailer network.

VinFast follows through on franchise plans, partners with five U.S. dealers

- January 2, 2024
Vietnam-based electric vehicle manufacturer VinFast has formally entered partnerships with several U.S. dealers, marking a break from the fledgling company's initial direct-sales model. After signaling an interest in building a U.S....
New electric vehicle sourcing requirements, announced in December, are now in effect, leaving many models without tax credits in 2024.

EV tax credit rules in effect, more than 20 models lose eligibility

- January 2, 2024
New domestic sourcing requirements for electric vehicle batteries are now in effect following their reveal by the Treasury Department in the fourth quarter of 2023, leaving many formerly qualified electrified...


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