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Tesla and SpaceX CEO Elon Musk has faced pushback from fellow company leaders over his alleged drug use, according to the Wall Street Journal.

Elon Musk denies drug use following Wall Street Journal allegations

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Tesla and SpaceX CEO Elon Musk has come under fire from fellow executives and board members over his alleged drug use, according to a...

Penske acquires Don Allen Auto for $12.34 million, Feldman enters Indiana...

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Despite a slight decline from 2022's record highs, blue sky values—a key metric in dealership valuation—remain elevated, standing at 2.3 times above pre-pandemic levels....
Kirsten Knull joins Driving Solutions to discuss an exciting new development at vehicle delivery platform Draiver.

Modernizing the car buying experience with on-demand delivery — Kirsten Knull...

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Utilizing AI-optimized technology and a network of more than 20,000 top-rated, insured drivers, vehicle delivery platform Draiver helps dealerships maximize their customers' experience, reducing...
I’m Steve Greenfield from Automotive Ventures, and I’m glad that you could join us.It’s been a tough quarter for many of the legacy automakers. highways emissions

2024 automotive investment outlook: steady growth despite election and economic uncertainty

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Welcome back to the latest episode of The Future of Automotive, with Steve Greenfield, Founder and CEO of Automotive Ventures, where we put recent automotive and mobility...
Staying aware of the latest trends is crucial for automotive retailing professionals seeking to navigate challenges and seize opportunities.

6 key automotive retailing trends to watch closely in 2024

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As the automotive industry continues to evolve, the year 2024 promises to be a pivotal one marked by dynamic shifts in automotive retailing. From...
Honda's venture into CPO leasing is just one indicator of the innovative paths dealerships might explore to thrive in the future.

Honda’s leap into used car leasing: a signpost to the future...

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As Honda announces its foray into certified pre-owned (CPO) vehicle leasing, it may be that the automotive industry stands at a curious crossroads. This move...
New car sales rose in December over the previous year, allowing the 2023 total sales volume to rise 11.6% from 2022.

New car sales improve in December, full-year volume hits 15.5 million

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New car sales will improve on a monthly and yearly basis, according to Cox Automotive, following a late-season demand surge in December. Based on the...
VinFast has signed agreements with five dealers across the U.S., marking the launch of its third-party retailer network.

VinFast follows through on franchise plans, partners with five U.S. dealers

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Vietnam-based electric vehicle manufacturer VinFast has formally entered partnerships with several U.S. dealers, marking a break from the fledgling company's initial direct-sales model. After signaling...
New electric vehicle sourcing requirements, announced in December, are now in effect, leaving many models without tax credits in 2024.

EV tax credit rules in effect, more than 20 models lose...

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New domestic sourcing requirements for electric vehicle batteries are now in effect following their reveal by the Treasury Department in the fourth quarter of...
BYD surpassed Tesla's quarterly electric vehicle sales total for the first time, marking a new phase in the two companies' competition.

BYD beats Tesla EV sales in Q4 for first time, but...

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Chinese electric vehicle maker BYD surpassed Tesla in both production and sales for the second consecutive year in 2023, as the two companies compete...