Friday, November 1, 2024

Hyundai, Kia generate record October U.S. sales | Ford cost challenges pervade Q3 earnings | First payments from $1.2 billion parts settlement finally coming | Magna, BorgWarner, Aptiv Q3 reports

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Friday, November 1, 2024

Hyundai, Kia generate record October U.S. sales with double-digit gains expected for overall market

U.S. light-vehicles sales are expected to rise in October, analysts say, helped by rising inventory, sweeter deals and two extra selling days.

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Ford cost challenges pervade Q3 earnings

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Ford to idle F-150 Lightning EV plant in mid-November for rest of year

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How ERP systems drive dealership profitability and omnichannel success

As running a car dealership becomes more and more complex, old processes and technologies can bog down efficiency, hurt profitability, cloud transparency and hamper decision making.

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Column: First payments from $1.2 billion parts settlement finally coming

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Magna Q3 income rises on deferred Fisker revenue despite lower sales

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Stay Ahead with the World's Highest Resolution Dash Cam: Is This a game changer?

In a market where many products seem similar, the one aims to distinguish itself with significant upgrades. But does it live up to the hype? Let's break down the key metrics and see whether this new model is truly a game-changer for drivers:

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Dealership Buy Sell

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Waymo value tops $45 billion after funding

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BorgWarner boosts margin outlook despite 3rd-quarter sales decline

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Judge aims to rule on Elon Musk's $56B Tesla pay by year-end

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Ford F-150 Lightning production pause

Ford will shut down F-150 Lightning production for the rest of the year. Stellantis revenue plunges. Plus, Automotive News' Molly Boigon talks about the popularity of dash cams and why automakers face headwinds trying to compete with the aftermarket.

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