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

Shawn Fain, president of the UAW, denounced an agreement offered by Stellantis amidst ongoing talks over union pay and benefits.

UAW president Fain denounces Stellantis proposal amidst negotiations

- August 9, 2023
Shawn Fain, president of United Auto Workers (UAW), denounced an agreement offered by Stellantis amidst ongoing contract negotiations between Detroit automakers and union representatives. In its proposal, Stellantis sought terms that...
New car prices rose only 0.4% year-over-year in July, the smallest annual increase in a decade according to Cox Automotive.

New car prices see slight increase in July as inventory recovers

- August 9, 2023
New car prices rose only 0.4% year-over-year in July, the smallest annual increase in a decade. According to Cox Automotive, average transaction prices reached $48,334 by the end of the month,...
MC Watson joins Inside Automotive to discuss how car dealers can earn more by maintaining relationships with fixed operations clients.

Why relationships are crucial to fixed operations growth — MC Watson | automotiveMastermind

- August 9, 2023
Driving more consumers into the service bay is important for car dealers looking to grow their business, especially considering that fixed operations revenue typically comprises roughly half of a dealership's...
Lucid has confirmed it is on track to meet its annual production target of 10,000 electric vehicles, despite missing revenue guidance for Q2.

Lucid reaffirms production target despite underwhelming earnings

- August 8, 2023
Lucid has confirmed it is on track to meet its annual production target of 10,000 electric vehicles, despite scoring lower-than-expected revenue in the second quarter. In its earnings report, the electric...
General Motors plans to offer bidirectional charging technology on a wider list of upcoming electric vehicles than previously expected.

General Motors expands V2H-capable electric vehicle lineup

- August 8, 2023
General Motors plans to offer bidirectional charging technology, also known as vehicle-to-home (V2H) charging, on a wider list of upcoming electric vehicles than previously expected, expanding access to a new, helpful...
Scott Gruwell of Courtesy Automotive Group joins Inside Automotive to discuss what car dealers can expect to see for the remainder of 2023.

The halfway point: where car dealers see themselves in the next 6 months — Scott Gruwell | Courtesy Automotive Group

- August 8, 2023
For the better part of seven decades, the Courtesy Automotive Group, one of the top car dealers in the U.S., has been known for its innovative solutions and a strong...
Zach Kirkhorn, chief financial officer of Tesla and long-time Elon Musk ally, has resigned from his position at the electric vehicle brand.

Tesla CFO steps down amidst falling margins and electric vehicle price war

- August 7, 2023
Zach Kirkhorn, chief financial officer of Tesla and long-time Elon Musk ally, has formally resigned from his position, ending a 13-year tenure at the electric vehicle brand. In a Linkedin post...
Used vehicle sales increased in July as prices and inventory normalized from 2022's tumultuous market conditions.

Used vehicle sales rise in July as prices and inventory decline

- August 7, 2023
Used vehicle sales increased in July as customers prioritized affordable car prices and inventory normalized from 2022's tumultuous market conditions. According to Cox Automotive data, purchases from retailers rose 6% from...
The United Auto Workers (UAW) union is set to demand the largest pay increase on record as it continues negotiations with car manufacturers.

UAW to demand 46% pay increase, Big Three car manufacturers respond

- August 4, 2023
The United Auto Workers (UAW) union is set to demand the largest pay increase on record as it continues contract negotiations with car manufacturers Stellantis, Ford and General Motors. The raise,...
Fisker has reduced its annual production guidance for 2023 following a complicated second quarter for the electric vehicle brand.

Fisker scores positive margin on electric vehicles but lowers production goal

- August 4, 2023
Fisker has reduced its annual production guidance for 2023 following a complicated second quarter for the electric vehicle brand. The car manufacturer earned only $825,000 in revenue for the period, posting...


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