Penske Q3 profits drop amid BMW recall and rising interests costs
Penske Automotive Group reported a 14% drop in net income in Q3 due to the BMW recall and rising interest costs. Penske, a diverse automotive giant, offers a portfolio of...
TSLA404.220-3.24%
GM82.4801.94%
F11.9300.22%
RIVN11.670-0.15%
CYD24.0000.59%
HMC33.680-0.392%
TM194.850-1.71%
CVNA59.050-0.18%
PAG211.950-0.2%
LAD288.690-2.04%
AN164.180-0.63%
GPI249.540-4.66%
ABG193.530-1.46%
SAH63.130-0.55%
TSLA404.220-3.24%
GM82.4801.94%
F11.9300.22%
RIVN11.670-0.15%
CYD24.0000.59%
HMC33.680-0.392%
TM194.850-1.71%
CVNA59.050-0.18%
PAG211.950-0.2%
LAD288.690-2.04%
AN164.180-0.63%
GPI249.540-4.66%
ABG193.530-1.46%
SAH63.130-0.55%
TSLA404.220-3.24%
GM82.4801.94%
F11.9300.22%
RIVN11.670-0.15%
CYD24.0000.59%
HMC33.680-0.392%
TM194.850-1.71%
CVNA59.050-0.18%
PAG211.950-0.2%
LAD288.690-2.04%
AN164.180-0.63%
GPI249.540-4.66%
ABG193.530-1.46%
SAH63.130-0.55%
sales trends
2023 Chevy Bolt gets a new price bump to ring in the New Year
Earlier this week, General Motors raised the price of its 2023 Chevrolet Bolt from $26,595 to $27,495, a $900 increase.
The 2023 Chevy Bolt is considered one of the most budget-friendly...
EV owners may soon earn cash back thanks to new battery tech
According to an experiment conducted by tech firm Fermata Energy, electric vehicle owners may one day be able to earn cash back for charging their car thanks to bi-directional battery...
New Edmunds report forecasts modestly improved new vehicle market in 2023
Market researchers at Edmunds believe that 2023 will bring a small but noticeable increase in new vehicle sales thanks to slight economic recoveries seen throughout the year.
The report, published this...
Edmunds Jessica Caldwell, shares the auto trends that are shifting into 2023
The automotive industry first encountered severe difficulties as a result of the 2020 pandemic's ramifications. Jessica Caldwell, executive director of industry insights at Edmunds, joins us on today's CBT Now...
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