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Ford sees sales, profits increase in Q1, but struggles with EV segment

Ford sees sales, profits increase in Q1, but struggles with EV...

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The first quarter brought stronger sales volume, cash flow and profits for American auto manufacturer Ford, according to its earnings summary released May 2. The...
Hyundai and Kia

Hyundai and Kia see sales growth over April, gain steam after...

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Hyundai and Kia continued to see strong U.S. sales post-first-quarter, according to April sales reports released Tuesday, May 2. Hyundai's monthly U.S. sales totaled 70,812...
Tesla prices

Tesla hikes prices globally after several price cuts in Q1

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After lowering the cost of its best-selling models several times since the beginning of the year, Tesla revealed that it had increased its prices...
Jessica Caldwell CBT Now

Latest trends in auto retail: what Q1 tells us about 2023...

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Automotive retailers are reporting solid results from the first quarter, but will the favorable conditions carry over into the summer? On this edition of...
Group 1 Automotive

Group 1 Automotive beats Q1 revenue forecast, but sees net income...

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Group 1 Automotive reported a revenue of $4.13 billion for the first quarter, beating forecasts and setting a new record for the period. A Zacks...
Penske Automotive CEO

Penske Automotive reveals record revenue and sliding profits in Q1

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Penske Automotive published its first-quarter performance numbers on Wednesday April 26, revealing some disquieting financial results on top of record-breaking revenue. According to the dealership...
Brian Finkelmeyer

Affordability, EVs, and digital retailing: Q1 performance sheds new light on...

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As the industry adapts to an unfamiliar automotive landscape, what new challenges will dealers need to face? On this episode of Inside Automotive, Brian...

AutoNation Q1 results, Tesla backlash, March service revenue

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Inside Automotive How Honda dealers are preparing for the future of automotive retailing – Bill Feinstein Honda’s U.S. Segment is off to a strong start in...
AutoNation Q1 Mike Manley

AutoNation posts declining profits in Q1, will take ‘more cautionary approach’

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AutoNation published its quarterly earnings report on April 20, shedding new light on the difficulties facing the dealership group as looks to stay ahead...

Weekly roundup: Tesla Q1 earnings, Buick debuts last ICE, revised EV...

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Earlier this week: Rivian announced the expansion of its Adventure EV charging network, Lincoln debuted its new Nautilus SUV, the Treasury Department's revised EV...