Cox Automotive Trims 275 Jobs During Recovery
Facing a steep decline in revenue since the COVID-19 pandemic struck the United States, Cox Automotive trimmed their workforce by approximately 275 positions on Thursday. Of the cuts, 60 percent...
TSLA346.650-6.17%
GM72.760-0.67%
F11.530-0.08%
RIVN14.690-0.6%
CYD39.600-0.18%
HMC23.490-0.35%
TM203.660-0.76%
CVNA320.2503.4%
PAG148.170-0.54%
LAD261.5403.97%
AN193.510-3.31%
GPI323.960-3.04%
ABG195.140-0.26%
SAH63.5000.19%
TSLA346.650-6.17%
GM72.760-0.67%
F11.530-0.08%
RIVN14.690-0.6%
CYD39.600-0.18%
HMC23.490-0.35%
TM203.660-0.76%
CVNA320.2503.4%
PAG148.170-0.54%
LAD261.5403.97%
AN193.510-3.31%
GPI323.960-3.04%
ABG195.140-0.26%
SAH63.5000.19%
TSLA346.650-6.17%
GM72.760-0.67%
F11.530-0.08%
RIVN14.690-0.6%
CYD39.600-0.18%
HMC23.490-0.35%
TM203.660-0.76%
CVNA320.2503.4%
PAG148.170-0.54%
LAD261.5403.97%
AN193.510-3.31%
GPI323.960-3.04%
ABG195.140-0.26%
SAH63.5000.19%
Industry News
Mortgage Applications are Skyrocketing – What It Means for Auto Retail
Applications for mortgages in the United States have increased eight percent over last week, according to the latest Weekly Mortgage Applications Survey by the Mortgage Bankers Association. What’s more striking...
An Electric Vehicle Sales Surge in 2021? Fast Facts About the Current State of EVs
Are electric vehicles finally having their heyday? It is possible that 2020 could be the beginning of the EV surge that many have predicted. With the environmental impact of more...
Industry Surprised at Pace of Pandemic Recovery in Automotive
For eight weeks, production at North American auto factories was silent, except for personal protective equipment to aid in COVID-19 treatment and prevention. In that very short time, sales plummeted...
Glenn Lundy Discusses the State of Auto Retail, Racial Protests, and his #RiseandGrind Show
On today's show, we're pleased to welcome back Glenn Lundy, automotive retail expert and host of the popular #RiseAndGrind morning show.
Did you enjoy this interview? Please share your thoughts, comments, or...
CEO of Celebrity Motors Cars Tom Maoli Breaks Down May’s Sales Spike
On today’s show, we’re pleased to welcome back serial entrepreneur Tom Maoli. Tom is the President and CEO of Celebrity Motor Cars, LLC, a New Jersey and New York-based auto...
Coalition of Caring Dealers Providing Support During Pandemic Recovery
One of the unfortunate effects of an economic shutdown has been an abundance of food supplies that aren’t being used by restaurants and grocers. Hundreds of tons of near-expiry food...
What New Zealand’s Reopening Means for the United States’ Auto Recovery
New Zealand has officially reopened for business. After being in strict pandemic lockdown since March 23th, the small nation in the southwestern Pacific Ocean has declared they’ve eradicated the coronavirus...
Major Purchases Surge, Showing Pandemic Recovery in Motion
Around ten weeks ago on March 15th, the Federal Reserve slashed benchmark interest rates to 0.25 percent to kickstart the pandemic recovery effort. It’s forecasted that the Fed rate will...
Industry Update: Most Automakers are Back to Work
Now that the more devastating stages of the COVID-19 pandemic are (hopefully) behind us, state and local governments are allowing businesses to get back up and running after being shuttered...
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