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%


Retail Automotive

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...
Rivian announced its first quarter 2024 results, which exceeded analyst expectations regarding revenue growth year-over-year.

Rivian exceeds Q1 2024 expectations despite plant closure and cost-cutting measures

- May 8, 2024
On May 7, EV startup Rivian announced its first quarter 2024 results, which exceeded analyst expectations regarding revenue growth year-over-year. The automaker reported that it sold 5.1% of U.S. EVs...
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...
Honda to launch self-driving taxis in Japan by 2026

Honda to launch self-driving taxis in Japan by 2026

- May 8, 2024
Honda Motor is collaborating with taxi companies to deploy self-driving taxis in Japan. According to a report by Nikkei Asia, the automaker will provide technology and vehicles to current operators...

Toyota sets profit record, Rivian posts mixed Q1, Honda to enter robotaxi sector

- May 8, 2024
Top Stories Toyota posts record-breaking full-year profits, sets conservative forecast. Read More Wholesale used car prices continue decline in April led by compact, electric vehicles. Read More Rivian Q1 earnings a mixed bag,...
To stay focused during today's challenges, Matt Easton shares how salespeople can achieve their goals while staying positive.

How salespeople can achieve their goals while maintaining a positive outlook – Matt Easton | Easton University 

- May 8, 2024
It is an election year, and with that comes a lot of uncertainty, especially regarding the economy. It is also what Matt Easton, the Founder of Easton University, calls a...
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...
French Finance Minister has made a significant move by inviting China's well-known EV maker BYD to set up a factory in France.

France opens invitation to China’s BYD for an EV factory amid EU-China trade tensions

- May 7, 2024
French Finance Minister Bruno Le Maire has made a significant move by inviting China's well-known electric vehicle (EV) manufacturer BYD to set up a factory in France. This invitation was...
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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