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Q1 sales jump, consumers pick Honda, Ford cuts Lightning team

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Inside Automotive Why the used vehicle market is changing dealership inventory strategies — Seth Rosen | Subaru of Jacksonville The used vehicle market is under close...
Cox fleet

Cox Auto reports fleet sales boost Q1 and Q2 auto sales

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According to an early estimate from Cox Automotive, sales into large fleets—excluding sales into dealer and manufacturer fleets—rose 44.6% year over year to 217,572...
BEV California

California dealers are responsible for gaining BEV sales in Q1

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The latest EV report regarding car sales in California surrounds data on sales by franchised and direct dealers.  Direct EV sales were often pictured as...
More buyers than ever considered purchasing a luxury SUV, according to a quarterly analysis from Cox Automotive

Luxury SUV market sees highest consideration on record throughout Q1

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More buyers than ever considered purchasing a luxury SUV, according to a quarterly analysis from Cox Automotive. Over the course of Q1, 73% of high-end shoppers...
Earlier this week: Tesla broke ground on its brand new lithium refinery, Group 1 buys three stores, and more auto industry news headlines.

Weekly roundup: Carvana’s Q1 results, Tesla’s new lithium refinery, Group 1...

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Earlier this week: Tesla CEO Elon Musk was joined by Texas Governor Greg Abbott during a ground-breaking ceremony for a brand new lithium refinery,...
Rivian

Rivian slows Q1 losses, eyes profitability by 2024

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Rivian ended the first quarter with a smaller loss than last year thanks to greater revenue and successful cost-cutting measures. The electric vehicle manufacturer saw...
In its quarterly financial report, Fisker announced it was cutting its yearly production goal to a range of 32,000 to 36,000 units

Fisker adjusts production target, reports another loss in Q1

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In its quarterly financial report, Fisker announced it was cutting its yearly production goal of 42,400 units to a range of 32,000 to 36,000...
Carvana

Carvana beats expectations in Q1, narrows losses in bid for profitable...

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Used car retailer Carvana has released its first-quarter earnings report and revealed a quarterly loss of $1.51 per share, resulting in an earnings surprise of...

Stellantis and Ford’s Q1, new GM president, battery-swapping Fisker

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Inside Automotive M&A trends: will the economy change the way buyers act? - Erin Kerrigan | Kerrigan Advisors Dealership mergers and acquisitions (M&A) are dynamic and...
Stellantis makes progress in Q1, sees easing semiconductor shortage

Stellantis makes progress in Q1, sees easing semiconductor shortage

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Higher prices and stabilizing supply chains allowed Stellantis to push first-quarter revenues and shipments ahead of their 2022 numbers. The automaker reported net revenues of...