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%


dealership news

Volkswagen reported a 15% decline in annual operating profit YoY, citing rising costs and expenses related to ongoing restructuring efforts

Volkswagen reports 15% profit drop amid rising costs and restructuring

- March 12, 2025
German auto giant Volkswagen reported a 15% decline in annual operating profit year-over-year, citing rising costs and expenses related to its ongoing restructuring efforts. Despite the profit drop, the German...

New vehicle prices rise slightly in February as EV incentives hit record high

- March 12, 2025
According to Cox Automotive's Kelley Blue Book, new vehicle prices remained elevated in February, with the average transaction price (ATP) reaching $48,039, a 1.0% increase year over year. However, prices...
Cars Commerce has announced the acquisition of DealerClub, a digital platform designed to streamline dealer-to-dealer transactions.

Cars Commerce acquires DealerClub to expand wholesale marketplace for dealers

- March 12, 2025
In a move aimed at reshaping the wholesale automotive market, Cars Commerce has announced the acquisition of DealerClub, a digital platform designed to streamline dealer-to-dealer transactions. Brian Kramer, Executive Vice...
GM is ramping up its use of AI to enhance manufacturing efficiency, improve vehicle quality, and support worker safety.

GM expands AI-driven manufacturing to enhance quality, safety, and efficiency

- March 11, 2025
General Motors (GM) is ramping up its use of artificial intelligence (AI) to enhance manufacturing efficiency, improve vehicle quality, and support worker safety. As the automaker continues to expand its...
UAW President Shawn Fain has announced his support of President Trump’s newly imposed North American auto tariffs, citing them as necessary.

UAW Shawn Fain backs Trump’s auto tariffs to protect American jobs

- March 11, 2025
United Auto Workers (UAW) President Shawn Fain has announced his support of President Donald Trump’s newly imposed North American auto tariffs, citing them as a necessary step to address long-standing...
Nissan appointed Ivan Espinosa as its new CEO, selecting the 20-year company veteran to lead a turnaround for the troubled automaker.

Nissan appoints Ivan Espinosa as new CEO amid industry upheaval

- March 11, 2025
Nissan has appointed Ivan Espinosa as its new chief executive, selecting the 20-year company veteran to lead a turnaround for the troubled automaker. Espinosa, currently Nissan’s chief planning officer, will...
President Trump has announced a temporary suspension of new tariffs on Canadian and Mexican goods covered under USMCA.

U.S. reevaluates USMCA tariffs as Mexico gets temporary relief

- March 11, 2025
President Trump has announced a temporary suspension of new tariffs on Canadian and Mexican goods covered under the U.S.-Mexico-Canada Agreement (USMCA). The pause, effective until April 2, affects about 50% of Mexican...
The Walters family has officially passed the torch of Bob Mayberry Hyundai in Monroe, N.C., to Pablo River Partners, marking the end of their long-standing involvement in the automotive retail business. The sale, which was finalized on March 5, was exclusively advised by The Presidio Group LLC, an independent merchant banking firm with expertise in mergers and acquisitions in the automotive retail and consumer mobility sectors.

Presidio facilitates sale of Bob Mayberry Hyundai to Pablo River Partners

- March 10, 2025
The Walters family has officially passed the torch of Bob Mayberry Hyundai in Monroe, N.C., to Pablo River Partners, marking the end of their long-standing involvement in the automotive retail...
Ford Philanthropy and Ford Dealers have announced a $4 million investment in their automotive technician scholarship program.

Ford expands auto technician scholarships with $4M investment amid shortage

- March 10, 2025
Ford Philanthropy and Ford Dealers have announced a $4 million investment in their automotive technician scholarship program, aiming to address the growing national shortage of skilled workers. The initiative will...
According to the latest Cox Automotive MUVVI, wholesale used vehicle prices declined in February compared to January.

Manheim used vehicle value index drops in February as market sees mixed trends

- March 10, 2025
According to the latest Cox Automotive Manheim Used Vehicle Value Index (MUVVI), wholesale used vehicle prices declined in February compared to January on a mix, mileage, and seasonally adjusted basis....


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