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

Hyundai Capital America allegedly repossessed 26 cars whose owners had started making loan payments before reporting for active service.

Hyundai, Kia settle U.S. charges for unlawful repossessing service members’ vehicles

- May 9, 2024
The American financing division of Hyundai and Kia has agreed to pay $334,941 to resolve allegations that it unlawfully repossessed vehicles that belonged to active military personnel, the U.S. Department...
According to an exclusive Reuters report, U.S. prosecutors are investigating whether Tesla committed securities or wire fraud.

DOJ further investigates Tesla for possible securities, wire fraud

- May 9, 2024
According to an exclusive Reuters report, U.S. prosecutors are investigating whether Tesla committed securities or wire fraud by deceiving investors and customers about its self-driving capabilities. The Securities and Exchange Commission...
On May 8, GM announced that it would stop making the gasoline-powered Chevrolet Malibu later this year to focus on building new EVs.

GM halts Chevrolet Malibu production for electric future, invests $390M in Kansas plant

- May 9, 2024
On May 8, General Motors announced that it would stop making the gasoline-powered Chevrolet Malibu later this year to focus on building new electric cars. GM is demonstrating its commitment to...
Jonathan Dawson shares his insights into the core principles that help entrepreneurs drive business success in a challenging environment.

Understanding the fundamental principles behind business success 

- May 9, 2024
To make their business successful, entrepreneurs must always be willing to learn new approaches and perspectives that can enable them to drive efficiency and productivity. On this episode of Mind Your...
In this article, we take a look at how technology can help dealers streamline their inventory management strategies for more efficiency.

How real-time data is empowering dealers to manage inventory more efficiently

- May 9, 2024
In today’s market, stocking your dealership’s lot with the right inventory is crucial and has a direct impact on overall dealership profits and success of the business. It involves knowing...
Wholesale used vehicle prices continued to weaken in April, with luxury models retaining more value than others.

Wholesale used vehicle prices dip in April as retail sales cool

- May 8, 2024
Wholesale used vehicle prices in April continued declines observed throughout the first quarter, with retail sales taking a hit as tax season drew to a close. Cox Automotive's Manheim Used Vehicle...
Toyota reported record-breaking sales and profits for the fiscal year ending in March but set cautious expectations for the coming months.

Toyota lukewarm on earnings guidance despite record-breaking profits

- May 8, 2024
Toyota reported record-breaking profits for the fiscal year ending March after a massive surge in hybrid demand but set cautious earnings expectations for the coming months, citing upcoming investments into its operations...
Perry Watson IV and Damon Lester join Diversity in Automotive to discuss how NAMAD drives inclusivity in and outside the dealership.

How NAMAD gives minority dealers and car buyers a voice

- May 8, 2024
The National Association of Minority Automobile Dealers (NAMAD) plays a critical role in giving underrepresented dealers a voice and driving diversity, equity, and inclusion across the retail automotive sector. On this episode...
UAW members at Stellantis' Warren Stamping plant have voted in favor of striking if critical safety issues are left unaddressed.

UAW members authorize strike at Stellantis plant over safety concerns

- May 7, 2024
United Auto Workers (UAW) members have voted to authorize a strike at Stellantis' Michigan stamping plant if talks between company leadership and union officials fail to resolve alleged safety issues...
Lucid reported first-quarter earnings revealing better-than-expected revenues and expressed optimism toward the remainder of 2024.

Lucid losses narrow in first quarter despite price cuts

- May 7, 2024
Lucid's first-quarter earnings revealed positive shifts for the fledgling brand, with most financial metrics improving despite a global cooldown in battery-powered car demand. The electric vehicle startup posted revenues of $172.7...


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