Tag: auto industry

Over the past year, the auto industry has seen massive growth in both new and used car sales, with the latter seeing some of...

In a regulatory filing this week, Carvana said that it has laid off 2,500 of its employees, accounting for 12% of its workforce. Most of the...

In a press release this week, Sonic Automotive said that its EchoPark brand has now expanded into Missouri as part of its goal to have 90%...

Automotive News published an article a while back with the headline “Dealers, get ready for absorption rates that drop to as low as 25%” The...

Inside Automotive: Why Ford’s F-150 Lightning is the legitimate start of the EV race – Kevin Tynan | Bloomberg Intelligence First-quarter numbers are rolling in for...

If you are in the retail automotive industry and haven't tuned into the Car Guy Coffee Podcast, you're missing out! Lou Ramirez and Fred...

The unofficial start to summer is Memorial Day weekend, and it tends to be one of the busiest weekends in the US for vehicle sales. Before...

Stellantis Chief Executive Officer Carlos Tavares said at a conference on Tuesday that the auto industry would likely continue to be impacted by the ongoing supply...

This week, Vroom Inc. released its first-quarter results, which showed the online used car retailer outdid expectations for total sales, profit, and revenue. It also...

Tesla announced this week it is recalling almost 130,000 vehicles due to issues with the central processing unit that can cause the center display to overheat...