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Electric vehicle brands Lucid, Rivian, and VinFast posted financial results this week that underscored the market's current struggles.

Electric vehicle startups post mixed Q4 earnings results

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Three electric vehicle startups, Lucid, Rivian, and VinFast, posted their fourth-quarter results this week amidst a backdrop of souring forecasts on the battery-powered car...
In a recent study by Recurrent, it suggests that range anxiety is not a significant problem for the average daily driver.

New study debunks range anxiety myth for EVs

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Since introducing electric vehicles (EVs) to the automotive sector, several consumers have lingered around the prevalent issue of range anxiety. Range anxiety refers to the...
April Simmons joins Inside Automotive to discuss the latest dealership marketing trends impacting the retail automotive sector.

Understanding the latest dealership marketing trends — April Simmons | Horne...

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Dealership marketing trends have evolved rapidly in recent years as consumer preferences and industry conditions have changed. With so much to keep track of,...
JT Taylor joins CBT Now to discuss the latest financial trends impacting the retail automotive sector in 2024.

How the car market is adjusting to interest rates and inflation...

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In 2023, the U.S. faced increased interest rates and rapid inflation, both of which placed heavy pressure on car buyers and retailers alike. On...
The UAW has confirmed it has reached a tentative agreement with Ford at the company's Kentucky Truck Plant, narrowly avoiding a strike.

UAW strike on hold after Ford reaches tentative agreement with union

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Ford has reached a tentative agreement with United Auto Workers (UAW) members at its Kentucky Truck Plant, narrowly avoiding the deadline to prevent another...
Fixed-ops revenue and demand increased in January, offsetting declines in new and used vehicle prices and buying dealer revenues.

Dealership service revenue increases in January

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Fixed-ops revenue and service demand ticked up in January, offsetting the impact of declining car prices seen throughout the month. Data from Cox Automotive indicates...
Christine Vinatieri-Erickson joins Inside Automotive to discuss how the SDADA and the SDTA are tackling issues facing dealers and truckers.

How state dealer associations are tackling EV headwinds — Christine Vinatieri-Erickson

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On this episode of Inside Automotive, host Jim Fitzpatrick is joined by Christine Vinatieri-Erickson, president of the South Dakota Auto Dealer Association (SDADA) and...
Barra guaranteed that the software would "exceed customers' expectations" and set GM apart from rival automakers after renovations.

GM issues second stop-to-sale order due to software issues, CEO acknowledges...

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On February 19, General Motors (GM) put out a stop-sale order on all 2024 Chevrolet Colorado and GMC Canyon midsize trucks, following a December...
Ford has offered discounts on multiple Mach-E variants shortly after Tesla's decision to slash prices for the Model Y.

Ford discounts electric Mach-E as EV competition heats up

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Ford has cut prices on last year's Mach-E lineup as it looks to boost competition with Tesla and improve upon its marginal electric vehicle...
Wholesale used vehicle prices declined from January as did supply, possibly signaling an unexpected surge in pre-owned demand.

Wholesale used vehicle prices dip in early February but demand rises

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Wholesale used vehicle values declined in the first two weeks of February, following similar drops in listing prices and inventory levels seen across the...