Rivian announces second round of layoffs to boost profitability
Rivian, the EV startup, is taking drastic measures to boost its profitability. The company is implementing a second round of layoffs this year, which, although it only accounts for a...
TSLA404.660-6.49%
GM82.510-1.555%
F14.430-0.34%
RIVN15.930-0.75%
CYD50.460-1.37%
HMC26.850-0.12%
TM178.190-2.03%
CVNA70.0101.11%
PAG180.7600.695%
LAD307.500-1.02%
AN195.8602.47%
GPI325.600-0.14%
ABG199.8200.27%
SAH83.650-0.06%
TSLA404.660-6.49%
GM82.510-1.555%
F14.430-0.34%
RIVN15.930-0.75%
CYD50.460-1.37%
HMC26.850-0.12%
TM178.190-2.03%
CVNA70.0101.11%
PAG180.7600.695%
LAD307.500-1.02%
AN195.8602.47%
GPI325.600-0.14%
ABG199.8200.27%
SAH83.650-0.06%
TSLA404.660-6.49%
GM82.510-1.555%
F14.430-0.34%
RIVN15.930-0.75%
CYD50.460-1.37%
HMC26.850-0.12%
TM178.190-2.03%
CVNA70.0101.11%
PAG180.7600.695%
LAD307.500-1.02%
AN195.8602.47%
GPI325.600-0.14%
ABG199.8200.27%
SAH83.650-0.06%
car business
Wholesale used car prices dip, Mexico denies China incentives, Rivian cuts jobs
Inside Automotive
How to incorporate employee feedback and win more talent — Gloria Purdy | Hoffman Auto Group
Listening to employee feedback is more than a simple strategy for keeping workers happy....
NHTSA investigates over 3 million Honda vehicles after 47 crashes reported
On April 17, the U.S. National Highway Traffic Safety Administration (NHTSA) made a significant announcement. It revealed that it had escalated its investigation into a serious issue- the abrupt activation...
Governors issue anti-union statement, Tesla share price dips, NHTSA investigates Honda
Inside Automotive
Industry expert warns against overreliance on EVs, advocates for consumer-driven options – Joe McCabe | AutoForecast Solutions
Despite the push towards EVs, the adoption rate has been notably slower than...
Does America have a used EV problem – or opportunity?
In the US, there are two used cars on the road for every new one. Pre-owned auto sales is big business. Plummeting prices, soaring inventory, and tax season mean that...
Fisker expands dealer network after Ocean electric SUV price cuts
California-based electric vehicle (EV) startup Fisker is seeking to improve its financial situation by expanding its dealer network. The company has recently recruited a new dealer in Miami and several...
General Motors to move headquarters next year after almost 3 decades
General Motors will move its headquarters from its home of nearly 30 years to the new Hudson's Detroit building located on Woodford Avenue.
The move is scheduled to take place over...
New-car inventory rises and best-value cars for 2024 revealed, Cars.com report
According to the most recent Cars.com report, new-car inventory is on the rise—particularly in the under $30,000 segment—marking a significant recovery. Vehicles now average 65 days on the market, more...
Used car sales skyrocket in March as consumers hunt for deals
Used car demand rapidly outpaced other segments in March, resulting in the highest retail sales volume in two years.
According to Cox Automotive, dealers sold a combined 1.66 million used cars...
Used car sales skyrocket, GM plans HQ move, Fisker adds dealerships
Inside Automotive
Simple strategies to attract and retain fixed-ops talent — Ryan Haskell | Jeff Wyler Automotive Family
Dealership fixed-ops departments require educated and well-trained employees to succeed, making the current technician shortage...
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