Automotive Dealerships

CARFAX data indicates used vehicle inventory in Canada has increased while sales of used vehicles have slowed.

An article examines how much a BYD-related buyout could contribute to the value or earnings of ASX 200-listed dealer group Eagers Automotive.

Lower-priced vehicles sold more quickly from dealer inventory in the third quarter of 2026 amid continued tight supply.

CBT News examines whether Venezuelan oil reserves, increased global crude shipments and state fuel tax cuts will lower gas prices or mainly serve midterm election politics.

Rivian reported third-quarter revenue of $2.155 billion with record deliveries, topping estimates, as its R2 model became the company's best-selling vehicle.

The Federal Reserve kept its benchmark interest rate unchanged even as inflation picked up pace.

Automotive News publishes data tables of Mexico's total vehicle sales broken down by make for September and year-to-date 2026.

Average used electric vehicle prices climbed 9.8% year over year to $32,533 in September 2026, with demand growing faster than for gas-powered cars.

The Federal Reserve kept interest rates unchanged as auto loan costs remain high, while Ford raised its 2026 profit outlook and Toyota reported lower global sales.

The Federal Reserve kept its benchmark interest rate at 3.75% to 4.00%, with two officials dissenting, while auto loan costs remain elevated.

Used electric vehicles are seeing turn times and prices increase more quickly than used gasoline and hybrid vehicles, according to an industry report.

The Federal Reserve kept interest rates unchanged, while higher auto loan costs are making dealers' year-end sales efforts more difficult.

Asbury Automotive Group held its third-quarter 2026 earnings call, with a transcript of the discussion made available.

General Motors is moving its stock listing from the New York Stock Exchange to Nasdaq, and Rimac comments on acquiring BMW's battery business.

Used-vehicle prices in Canada fell broadly across segments last week, according to an industry market report.

An industry economic roundup reports subdued debt demand and notes secondary economic risks regardless of Federal Reserve policy decisions.

General Motors plans to move its stock listing to the Nasdaq exchange, a shift the company ties to its technology-driven strategy.

Cox Automotive data shows dealer inventory has risen to an 82-day supply, exceeding the industry's 75-day target, while Toyota and Lexus inventories remain lean.

Stellantis is set to report third-quarter earnings as investors look for evidence that the automaker's turnaround efforts are working.

Eagers Automotive's share price rose about 7% after the company bought out a BYD retail venture.

Conifer Management purchased about $16.9 million worth of Group 1 Automotive shares, prompting analysis of what the stake means for investors.

Criticism of General Motors' planned $20 billion stock buyback is signaling potentially difficult contract negotiations with the UAW in 2028.

An industry report says Canada's used-vehicle market has so far absorbed additional inventory, though the situation may not last.

Lithia Motors reported third-quarter 2026 earnings of $10.34 per share, exceeding analyst profit forecasts.

The average used vehicle listing price rose to $27,235 in September, the highest since late 2022, even as supply improved.

CarMax received a double upgrade from an analyst, with the article suggesting it may indicate a broader turnaround for the used-car retailer.

General Motors posted adjusted earnings of $3.70 per share on $50.02 billion revenue, topping analyst estimates, while raising its free cash flow outlook and authorizing a $20 billion buyback.

The Manheim Used Vehicle Value Index rose to 207.4 in the first half of October, with wholesale used-vehicle prices up 2.2% year over year.

Automotive News offers an interactive data dashboard tracking the latest European vehicle sales figures and other key industry statistics.

An industry piece examines the outlook for new car prices and when they might decline, in the context of dealer inventory and floorplan conditions.

Used electric vehicle sales rose 12.3% month over month and 21.2% year over year to an estimated 47,862 units, reaching a record market share amid tighter inventory.

Automotive News outlines key details of Penske Automotive Group's plan to take the publicly traded dealership group private.

Penske Automotive agreed to a take-private deal valuing the company at $16.3 billion enterprise value, with shareholders receiving $212 per share.

Wholesale used-vehicle prices fell last week at nearly three times the rate of the previous week's decline, according to an industry report.

Penske Automotive is set to be taken private in a deal valuing the dealer group at $16.3 billion, according to the report.

Canadian third-quarter vehicle sales showed electric vehicle sales rising while truck sales stalled, reflecting shifting consumer preferences.

Wholesale used-vehicle values depreciated at a slightly slower pace last week, according to an industry market update.

U.S. electric vehicle sales grew 7.7% from the second quarter to 266,630 units in Q3, reaching 6.5% of new-vehicle sales.

Cox Automotive reports that vehicle affordability pressures are pushing consumer demand toward hybrids and older used vehicles.

A Manheim third-quarter index analysis indicates that fuel prices are having a growing effect on the used-vehicle market.

September's seasonally adjusted annual rate of new light-vehicle sales hit 16.0 million units, down 3.6% from a year earlier, as hybrid vehicles gained market share.

A CarGurus analysis finds rising gas prices at $4.48 per gallon and higher interest rates are pushing car shoppers toward hybrids as they weigh total ownership costs.

Renault has appointed Michelin deputy CFO Carine Damois as its new finance chief amid a decline in the automaker's share price.

Electric vehicles reached a 33% share of the European market, with demand driven by fuel prices and more affordable models.

Automakers offering hybrids and crossovers reported stronger third-quarter sales while rising costs put pressure on car buyers.

U.S. auto sales rose in September on Labor Day deals and hybrid demand but fell for the third quarter, with Asian automakers gaining and Detroit 3 losing share.