TSLA376.3002.58%
GM78.050-0.47%
F12.385-0.095%
RIVN16.520-0.43%
CYD42.2400.37%
HMC24.340-0.14%
TM192.320-3.76%
CVNA409.0506.03%
PAG160.4200.42%
LAD274.920-1.47%
AN203.0700.1%
GPI341.3901.61%
ABG203.0601.05%
SAH71.8400.62%
TSLA376.3002.58%
GM78.050-0.47%
F12.385-0.095%
RIVN16.520-0.43%
CYD42.2400.37%
HMC24.340-0.14%
TM192.320-3.76%
CVNA409.0506.03%
PAG160.4200.42%
LAD274.920-1.47%
AN203.0700.1%
GPI341.3901.61%
ABG203.0601.05%
SAH71.8400.62%
TSLA376.3002.58%
GM78.050-0.47%
F12.385-0.095%
RIVN16.520-0.43%
CYD42.2400.37%
HMC24.340-0.14%
TM192.320-3.76%
CVNA409.0506.03%
PAG160.4200.42%
LAD274.920-1.47%
AN203.0700.1%
GPI341.3901.61%
ABG203.0601.05%
SAH71.8400.62%


Genesis

The editorial team at Autotrader evaluated the 2024 model-year electric cars in various aspects, including powertrains, features, and prices.

2024 marks ‘Year of More’ for EVs despite slow growth, according to Autotrader

- July 25, 2024
According to analysts at Cox Automotive, electric vehicle (EV) sales in the United States are experiencing slower growth this year but growth nonetheless. EVs have evolved from a niche market...
Headlines Articles
Hyundai Motor Company reported a more than 6% year-over-year decline in global vehicle sales, encompassing both Hyundai and Genesis brands.

Hyundai global sales decline over 6% in June as EV sales drop by double digits

- July 15, 2024
Hyundai Motor Company reported a more than 6% year-over-year decline in global vehicle sales for June, encompassing both Hyundai and Genesis brands. The month closed with 351,516 sales, leading to...
Headlines Articles
On Thursday, luxury automaker Genesis unveiled the updated Electrified G80 at the Busan International Mobility Show (BIMOS)

Genesis unveils an updated electrified G80 with an enhanced range and sophisticated design.

- June 28, 2024
On Thursday, luxury automaker Genesis unveiled the updated Electrified G80 at the Busan International Mobility Show (BIMOS), showcasing a blend of luxury and cutting-edge technology. The new model features a...
Headlines Articles
Genesis offered a sneak peek into what lies ahead for the expanding luxury brand with the Neolun, a brand-new all-electric concept vehicle.

Genesis unveils the ‘Neolun’ a new all-electric SUV concept

- March 27, 2024
On March 26, Genesis offered a sneak peek into what lies ahead for the rapidly expanding luxury brand with the Neolun, a brand-new, large, all-electric concept vehicle, ahead of the...
Headlines Articles
August vehicle sales rise 17% YoY, nearing 18% forecast. Honda shines, but market softening signs emerge. OEMs eye future incentives.

August U.S. vehicle sales: signs of a market slowdown?

- September 11, 2023
August, traditionally a significant month for car sales, has offered the auto industry a mixed bag of data. While there's notable year-over-year growth of 17%, there are signs that the...
Sales & Marketing Articles
This week: Bill Ussery Motors sells dealerships for $150M, Rivian's Q2 gains, UAW President challenges Stellantis, and more automotive news.

Weekly roundup: UAW President blasts Stellantis for ‘trash’ proposal, Mercedes-Benz dealerships sell for $150M

- August 11, 2023
Earlier this week: Bill Ussery Motors sold its Mercedes-Benz dealerships in Cutler Bay and Coral Gables to affiliates of Dream Motor Group, for a listed transaction value of $150 million....
Articles Headlines

Hyundai, Kia, and Genesis owners file lawsuit over faulty charging ports

- August 4, 2023
Owners of all-electric vehicles sold by Hyundai, Kia, and Genesis in the US have brought a class-action lawsuit against the automakers, alleging that some of their models have faulty charging...
Headlines Articles
Dealer of the Year

How TIME’s Dealer of the Year Rick DeSilva Jr. showed strong leadership during turbulent year

- October 6, 2021
For 10 years TIME in partnership with Ally has recognized new car dealers across the country for their performance and community service. This year, second-generation dealer, Rick DeSilva Jr. was...
Management & Leadership Featured
Sullivan

‘LAcarGUY’ Mike Sullivan discusses continuing his family’s legacy with opening of 13th store

- August 9, 2021
After taking the reins of what was once his father’s single dealership, our next guest expanded his dealer group to 13 stores in California, the latest of which, opened just...
Management & Leadership Featured

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Stellantis to prioritize four core brands in turnaround strategy, sources say The automaker plans to shift funding toward Jeep, Ram, Peugeot, and Fiat while maintaining its broader portfolio. On the Dash: Expect increased product investment and marketing support for Jeep, Ram, Peugeot and Fiat. Regional and niche brands may see reduced volume but more targeted positioning and shared platforms. Platform-sharing and rebadging strategies could affect inventory mix and model differentiation. Stellantis will concentrate most of its investment on four core brands as CEO Antonio Filosa pushes a turnaround strategy set for release May 21, according to a Reuters exclusive. The automaker has identified Jeep, Ram, Peugeot, and Fiat as its priority brands. It will allocate a “material increase” in funding to them, driven by their stronger global sales and profitability, marking a shift away from the company’s previous approach of distributing investment more evenly across its portfolio. Sign up for CBT News’ daily newsletter and get the latest industry stories delivered straight to your inbox. Stellantis will retain its 14-brand lineup, the largest in the industry, and will not shut down underperforming marques. Instead, the company will reposition secondary brands such as Citroën, Opel and Alfa Romeo to operate in regional or niche roles. These brands will rely on shared platforms and technology developed by the core brands while maintaining distinct styling and market identity. The strategy comes as Stellantis works to regain market share in the United States and Europe while facing growing competition from Chinese EV makers. The company earlier reported a 22.2 billion-euro charge tied to scaling back its EV plans, underscoring the urgency of the strategic shift. Its market valuation has also declined significantly in recent months. To support the transition, Stellantis will expand its use of shared “multi-energy” platforms that support electric, hybrid and internal combustion (ICE) vehicles. Additionally, the company is evaluating rebadging strategies and joint development programs, including collaborations with its Chinese partner, Leapmotor. Executives and investors backing the plan expect the increased focus on core brands to improve efficiency and strengthen financial performance. Analysts say Stellantis could still consider further consolidation if results fall short of expectations. Meta description (140 characters) Stellantis to boost funding for Jeep, Ram, Peugeot and Fiat, shifting strategy while maintaining its 14-brand global portfolio.
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Hyundai's profit drops 24% as tariffs, weak global demand persist 
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