EV Auto CEO Alex Lawrence reveals secrets to thriving in the used EV market
In a landscape where many car dealers are just beginning to navigate the EV market, Alex Lawrence, CEO of EV Auto, stands out as a pioneer in selling used EVs....
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%
car business
Dave Cantin and Ken Ganley discuss market trends, M&A activity, and the future of EVs
In a rapidly evolving automotive landscape, industry experts are navigating a transformative period marked by the rise of electric and hybrid vehicles, shifting regulatory pressures, and dynamic dealership acquisitions. In...
Honda reports 23% Q1 profit increase amid strong U.S. hybrid sales and weaker yen
Japan's Honda announced a 23% increase in first-quarter profit, driven by a weaker yen, higher pricing, and robust hybrid vehicle sales in the U.S. and its home market. The automaker's...
Harris picks Walz as running mate, Honda sees 23% Q1 profit surge, TrueCar’s losses shrink despite cyberattack
Top stories
Kamala Harris chooses Minnesota Governor Tim Walz as running mate. Read More
Honda reports 23% Q1 profit increase amid strong U.S. hybrid sales and weaker yen. Read More
TrueCar's net losses...
TrueCar’s net losses shrink despite CDK Global cyberattack impact
TrueCar reported improved financial results in the second quarter despite facing vehicle sales slowdowns among dealers affected by the CDK Global cyberattacks. The vehicle listings company posted a net loss...
Cox Automotive expands Ken Kraft’s role to lead sales and marketing
Cox Automotive has announced an expanded leadership role for Executive Vice President and Chief Marketing Officer Ken Kraft, who will oversee the company’s sales organization. Kraft will continue to report...
Practical ways to boost sales
In 2024, franchised new car dealerships face many challenges to their operations. The automotive sales landscape is more competitive than ever, from economic uncertainties to shifting consumer behaviors to rapid...
Florida Auto Dealers assess storm Debby, Lucid gains $1.5B investment, Nissan cuts U.S. workforce
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Florida Auto Dealers assess the impact of Tropical Storm Debby. Read More
Lucid secures $1.5 billion investment from Saudi Arabia's Public Investment Fund to boost SUV production. Read More
Nissan cuts...
Lucid secures $1.5 billion investment from Saudi Arabia’s PIF to boost SUV production
Lucid announced on August 5, 2024, that its largest shareholder, Saudi Arabia's Public Investment Fund (PIF), will inject up to $1.5 billion in cash to ramp up production of a...
Nissan cuts U.S. salaried workforce amid market struggles
Nissan is set to reduce its U.S. salaried workforce through a voluntary severance program as the automaker faces declining fortunes in its second-largest market. The program targets white-collar employees, with...
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