Tag: retail automotive
Tesla posts robust Q3 earnings with $2.2B net income
Tesla reported a strong net income of $2.2 billion for the third quarter (Q3), reflecting a 17% increase compared to the same period last...
Hyundai warns of slowing demand and rising competition amid 7% drop...
Hyundai Motor has reported a 7% drop in third-quarter operating profit, citing a slowdown in demand and increased competition in the global auto industry....
Lithia Motors surpasses cost-cutting target, achieves $200M in savings
According to COO Adam Chamberlain, Lithia Motors successfully reduced expenses by $200 million by the end of the third quarter, surpassing its original cost-cutting...
Lawmakers pressure Stellantis, Tesla reports $2.2B Q3 profit, Hyundai faces 7%...
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Lawmakers urge Stellantis to honor UAW investment commitments amid rising tensions. Read More
Tesla posts robust Q3 earnings with $2.2B net income. Read More
Hyundai...
Cory Collins shares strategies dealers can implement to offset shrinking front-end...
As front-end gross profits continue to dwindle due to inventory normalization post-COVID, dealerships are placing an even greater emphasis on their F&I departments to...
Car subscription services: A new model for car ownership
Car subscription services are gaining traction as an alternative to traditional car ownership models by offering flexibility and convenience in an all-inclusive package. Here,...
U.S. finalizes $1.7B EV grants, Trump proposes vehicle tax breaks, Honda...
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U.S. Energy Department races to finalize $1.7 billion in EV plant conversion grants. Read More
Trump proposes tax breaks for U.S.-made car purchases as...
U.S. Energy Department races to finalize $1.7 billion in EV plant...
U.S. Energy Secretary Jennifer Granholm said on Tuesday that the U.S. Department of Energy is moving swiftly to finalize $1.7 billion in grants to...
Trump proposes tax breaks for U.S.-made car purchases as election nears
During a rally on Oct. 22 in Greensboro, North Carolina, Donald Trump highlighted his proposal to offer tax breaks for purchasing vehicles, but only...
Honda recalls 720,000 vehicles over fuel pump leak risk
According to safety regulators, Honda is recalling approximately 720,000 vehicles in the United States due to a potential fire risk caused by a cracked...
