UBS downgrades Ford, GM stock, expects consumer demand to wane
According to UBS, the largest vehicle manufacturers in the US are likely to face difficult times in the coming months, as consumers continue to face rising inflation and higher ticket...
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 dealers
Wholesale used vehicle prices dropped 3% in September — Manheim
Both the Manheim Used Vehicle Value Index and non-seasonally adjusted prices showed a steep decline year-over-year for the month of September.
Wholesale used-vehicle prices decreased by 3.0% from August to September,...
Pepsi first in line for Tesla semi truck deliveries starting in December
Five years after the unveiling of the Tesla semi truck prototype, the company says it's finally ready to deliver the first batch to Pepsico Inc.
In a tweet, Tesla CEO Elon...
Polestar reports strong EV deliveries in Q3, confirms full year outlook
Electric vehicle newcomer Polestar has released its global volumes report for the third quarter, saying it delivered approximately 9,215 vehicles during Q3. That brings the company's total deliveries for the...
More car buyers are signing up to pay $1,000+ a month for their loans
Research shows that many car buyers are taking home monthly loan payments of $1,000 or more.
According to Edmunds, 14.3% of buyers who financed a new vehicle in the third quarter...
US economy added 263,000 jobs in September, unemployment falls to 3.5%
The Labor Department released new unemployment numbers for the month of September, showing that job growth fell short of expectations despite hopes that a rate jump from the Federal Reserve...
How an auto retailing ‘agency model’ could impact your car dealership
Welcome to this episode of The Friday 5 with Steve Greenfield, Founder and CEO of Automotive Ventures, an auto technology advisory firm that helps entrepreneurs raise money and maximize the...
NADA Update: Inventory, interest rates, new FTC rules, Ford EV certification, and Hurricane Ian aid
For this quarter’s NADA update, we’re pleased to welcome back the President and CEO of NADA, Mike Stanton, to discuss the state of automotive retail today as he sees it....
Can introverts make great car salespeople?
The idea of an outgoing individual willing to be bold, energetic, and almost a little pushy is what most consumers expect when interacting with a car salesperson. Extroverted personalities tend...
2023 Toyota Crown plug-in hybrid variant will be sold in the US
American buyers interested in getting their hands on one of Toyota's upcoming Crown PHEVs will be happy to hear that the hybrid is coming to US shores. The 2023 Crown,...
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