CEO Thomas Shortt said shutting down Vroom's online used-car retail business after working 2 years on its growth plan was the ‘hardest day' of his career: bit.ly/3Uc2Xig

Ford, Chevrolet, Toyota, Honda and Nissan account for almost half of all used vehicles sold in March: bit.ly/4dfwQXq

How Volvo landed a cheap Chinese EV on U.S. shores in a trade war: reut.rs/3wi5AqB

Sales of Ford Motor trucks and other commercial vehicles led the automaker to beat Wall Street’s earnings estimates for the first quarter: cnb.cx/4aQIgiK

The order means that the Jeep and Ram parent company must continue paying its supplier under protest — or 'hostage threat,' as its lawyer described: bit.ly/4deLQ7S

What does dopamine have to do with your business? According to psychiatrist and The Molecule of More author Dr. Daniel Lieberman, everything! Check out our latest #DrivingAhead podcast episode: bit.ly/3UtcnqQ

Fisker said in its 2023 annual report that it may have to file for bankruptcy protection within 30 days if it does not get relief from its creditors: bit.ly/44cmIdS

CEO Favre cites tense talks with automakers cutting prices: bloom.bg/4d8o5yl

Jeep maker Stellantis to lay off an unspecified number of factory workers in the coming months: bit.ly/3QFb5qD

Swedish automaker Volvo Cars said on Wednesday it expects good demand for its vehicles this year after a rise in first-quarter unit sales, though operating earnings missed forecasts due to lower revenues and losses at its Polestar business: bit.ly/49TVIB4

Vietnamese automaker VinFast says it now has 18 stores across seven states: bit.ly/3xYzeBD

Join us later today at 1pm for a webinar, Decoding Auto Industry EHS Regulations: Expert Perspectives with industry expert Zach Pucillo – register now: bit.ly/3xw6bVY (Vendor Sponsored Content)

In this seminar, students will learn to optimize your dealership's talent policies and procedures for recruiting, hiring, onboarding, developing and retaining employees. Class begins next month in our Tysons, VA Headquarters – register now! bit.ly/49TDKPj

Register now for our upcoming Championship Coaching seminar next month in our Tysons, VA Headquarters! Students will learn the foundational knowledge and critical skills to be effective and inspiring coaches at their dealership – bit.ly/4aTgtyf

Each of the five least expensive EVs is less than $41,000 with automaker and dealer incentives, according to Cox Automotive data: bit.ly/3JywddU

Luxury SUVs are the only bright spot left in the American EV market, and GM’s new Caddy is outselling models from Mercedes and BMW: bloom.bg/44gDo4e

The midsize Legacy will be dropped after the 2025 model, as U.S. consumers continue to shift away from sedans, making room for Subaru to build EVs: bit.ly/4b8UGT6

EV maker’s market cap advantage has shrunk to $83 billion: bloom.bg/49PLYYD

Pickup trucks and resilient consumer spending powered a 24% increase in quarterly profit; China remains a trouble spot: on.wsj.com/3w2283t

The ad implies associations are ready to legally challenge any attempt by Scout and Sony Honda Mobility to sell vehicles outside of franchised dealerships: bit.ly/4b8gDle