TSLA406.4307.28%
GM81.5000.65%
F14.8400.13%
RIVN16.7601.22%
CYD50.0302.11%
HMC26.440-0.63%
TM174.9500%
CVNA64.100-3.72%
PAG180.960-0.06%
LAD313.3800.72%
AN191.530-2.54%
GPI325.3300.42%
ABG199.5300.05%
SAH84.6100.36%
TSLA406.4307.28%
GM81.5000.65%
F14.8400.13%
RIVN16.7601.22%
CYD50.0302.11%
HMC26.440-0.63%
TM174.9500%
CVNA64.100-3.72%
PAG180.960-0.06%
LAD313.3800.72%
AN191.530-2.54%
GPI325.3300.42%
ABG199.5300.05%
SAH84.6100.36%
TSLA406.4307.28%
GM81.5000.65%
F14.8400.13%
RIVN16.7601.22%
CYD50.0302.11%
HMC26.440-0.63%
TM174.9500%
CVNA64.100-3.72%
PAG180.960-0.06%
LAD313.3800.72%
AN191.530-2.54%
GPI325.3300.42%
ABG199.5300.05%
SAH84.6100.36%


dealership news

Don Hall, president of VADA

Do manufacturers actually want to replace the franchise system? – Don Hall | VADA

- May 2, 2023
Dealers are increasingly worried that the franchise system is under attack from major OEM brands, who may stand to gain more from a direct-sales model instead. On this episode of...
Fed Reserve could pause rate hikes

New interest rate hike likely for May, but relief may still be in sight

- May 1, 2023
The Federal Reserve is set to deliberate another interest rate hike starting May 2 after inflation edged upward once more. The increase would bring the Fed's total number of adjustments since...
Kevin Tynan

Could low sales push automakers to abandon the EV market? – Kevin Tynan | Bloomberg Intelligence

- May 1, 2023
All eyes are on the electric vehicle market as automakers, politicians and consumers push for clean energy. But what do the numbers actually show in terms of demand? On this...
Mercedes-Benz

Mercedes-Benz sees revenue, earnings increase despite Russian exit

- April 28, 2023
In its first-quarter financial report released on April 28, Mercedes-Benz reported substantial growth thanks across its automotive segments but noted that economic conditions remained uncertain. According to the report, the German automaker...
inflation

March inflation increases 0.3%, in spite of interest rate hikes, bank failures

- April 28, 2023
Newly released economic data suggests that inflation increased in March, as predicted by market analysts. The core personal consumption expenditures (PCE) price index captured a 0.3% rise in the costs of...
Jessica Caldwell CBT Now

Latest trends in auto retail: what Q1 tells us about 2023 — Jessica Caldwell | Edmunds

- April 28, 2023
Automotive retailers are reporting solid results from the first quarter, but will the favorable conditions carry over into the summer? On this edition of CBT Now, Jessica Caldwell, executive director...
Group 1 Automotive

Group 1 Automotive beats Q1 revenue forecast, but sees net income decline

- April 27, 2023
Group 1 Automotive reported a revenue of $4.13 billion for the first quarter, beating forecasts and setting a new record for the period. A Zacks Consensus Estimate had predicted the international...
Peter Cooper

Why dealer transparency is key to healthy OEM relations — Peter Cooper | Lexus of Lehigh Valley

- April 27, 2023
Tensions between OEMs and retailers have never been more strained, but could both sides benefit from simply taking a step back and re-examining their roles in the conflict? On this...

Closer Look: Digital security and proprietary access for CDPs

- April 27, 2023
On the last episode of Auto Marketing Now, host Brian Pasch, founder of PCG companies and auto marketing expert, discussed how marketing automation platforms (MAP) and customer data platforms (CDP)...
Penske Automotive CEO

Penske Automotive reveals record revenue and sliding profits in Q1

- April 26, 2023
Penske Automotive published its first-quarter performance numbers on Wednesday April 26, revealing some disquieting financial results on top of record-breaking revenue. According to the dealership group's report, quarterly revenue grew 5.2%...