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Tesla will now need to face a class action lawsuit alleging its insurance division used false data to hike customer premiums.

Judge refuses to dismiss class action lawsuit targeting Tesla insurance arm

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A California judge on Monday refused to dismiss a lawsuit targeting Tesla and its insurance arm, setting the company up for a difficult legal...
Sean Gardner joins CBT Now to offer three sales strategies dealers can use to drive more holiday traffic to the showroom.

Top 3 sales strategies to drive holiday traffic to your dealership...

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The holiday season is in full swing, meaning now is the time for dealers to implement the right sales strategies and drive traffic to...
Significant M&A activity in October and November: auto dealerships in Charlottesville, Fresno, and Cincinnati change hands.

M&A roundup: dealerships change hands in Virginia, California, Ohio and more

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The most recent Q3 2023 Haig Report from buy/sell firm Haig Partners, highlights the robust demand for car dealerships. According to the report, 2023...
Automakers have started the process of re-evaluating which models qualify for the full electric vehicle tax credit following new regulations.

GM, Tesla react to Biden Admin’s new EV tax credit rules

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Last week, the Biden Administration announced new electric vehicle tax credit guidelines, causing U.S. automakers to re-evaluate which models will qualify for the government's...
Honda continued to build its sales momentum in the U.S. over the month of November, but may be forced to recall more than 500,000 vehicles.

Honda scores November sales win but faces mounting regulatory pressure

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While Honda and its subsidiary Acura continued to see strong U.S. sales in November thanks to sustained demand and an improving international supply chain,...
On the retail side of things, Hyundai sold 58,027 units in Nov., marking a 3% year-over-year increase from November 2022.

Hyundai reveals November sales surge, led by Santa Fe and IONIQ...

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Hyundai Motor America has reported its highest-ever November sales, totaling 70,079 units, marking an impressive 11% increase compared to November 2022. This achievement extends...
One of the largest car dealership groups in the United States, Group 1 Automotive, has taken a significant step towards sustainability.

Group 1 Automotive installs 10,000 solar panels on dealership rooftops

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One of the largest car dealership groups in the United States, Group 1 Automotive, has taken a significant step towards sustainability by completing the...
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

The transformative role of AI in dealerships and the broader automotive...

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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...
Dealers' EV concerns, auto retail gains, UAW campaign, Rivian leasing, and Sheehy Auto's charity— all in one article.

Weekly roundup: dealers confront Biden on EV policy, UAW expands unionization,...

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Earlier this week: Thousands of U.S. dealerships, operating as "EV Voice of the Customer," expressed concerns to President Biden about proposed emissions standards in...
Ford is committed to identifying cost-cutting measures, including a $12 billion scale-back in future electric vehicle (EV) investment.

Ford reissues 2023 guidance, reveals $8.8 billion cost of labor deal

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In its latest financial update, Ford Motor Company has reissued its 2023 guidance, a month after withdrawing it due to the ongoing labor strikes...