Rivian shares tumble after recalling 13,000 vehicles
Rivian saw its shares drop about 7% in pre-market trading on Monday after the California-based electric vehicle maker was forced to recall almost all of its vehicles, adding to concerns...
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 dealership
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...
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,...
How Toyota USA is addressing DEI to create a more equitable workplace
Toyota is the number one retail automotive franchise that dealers want to have, and consumers want to buy. But the question must be asked, what is the brand doing to...
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....
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