Your daily source for news about the global automotive industry, with host John McElroy.

Detroit
Joined October 2008
America's Car Mart was up 43.9% today, topping the Autoline Retail Stock Index. Following Q2 results analysis, 5.29M traded, $5.03M in value, $7.89M market cap.
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Rush Enterprises was up 0.7% today, topping the Autoline Retail Stock Index. As analysts discussed its value and growth, 578K traded, $26.7M in value, $5.69B market cap.
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Carmax was up 4.2% today, topping the Autoline Retail Stock Index. After strong unit performance and plans for further cost cuts, 1.49M traded, $79.96M in value, $7.64B market cap.
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America's Car Mart was up 2.9% today, topping the Autoline Retail Stock Index. Amid Q2 retailer performance review, 72K traded, $77.3K in value, $8.9M market cap.
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Instead of relying on @toyota_global for its EV platforms @SUBARU_CORP has started developing its own, which it wants to launch by 2029: youtube.com/watch?v=TMQ0SVvC…
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Carmax was up 1.3% today, topping the Autoline Retail Stock Index. after BofA upgraded the stock, citing price competitiveness, with 1.64M traded, $87.59M in value, $7.57B market cap.
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Last year @Carvana sold about 600,000 vehicles, but by 2035 it wants to sell 3 million, which would easily make it the largest dealer group in the U.S. youtube.com/watch?v=dtNILAeX…
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Penske Automotive was up 8.8% today, topping the Autoline Retail Stock Index. It moved after agreeing to be taken private, with 3.24M traded, $686.97M in value, $13.92B market cap.
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AC Auctions was up 2.4% today, topping the Autoline Retail Stock Index. The company rose after a $1.9B takeover agreement, 1.41M traded, $42.32M in value, $2.67B market cap.
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.@BorgWarner saw an opportunity to use some of its high voltage EV tech and apply it to an industrial application. In this case, an electric grid in a box: youtu.be/qXWzFzq7XuM
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.@GM says it's open to working with startups at its new battery development center near Detroit: youtu.be/SE3Co6YJFb8?si=qyZs… BIG THANKS to all our sponsors @IntrepidControl @Bridgestone & #CSPcomposites
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America's Car Mart was up 11.4% today, topping the Autoline Retail Stock Index. No clear catalyst, likely momentum trading, with 152.4K traded, $224.06K in value, $12.17M market cap.
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Sonic was up 0.4% today, topping the Autoline Retail Stock Index. Sturgis rally record sales, with 201.5K traded, $12.25M in value, $1.92B market cap.
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We saw reports that Chinese automakers are taking over this year's Paris auto show, but so far the best reveals have come from traditional automakers like @alpinecars @Peugeot @Citroen @alfa_romeo & @Opel Check it out: youtube.com/watch?v=sfMu6OZX…
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America's Car Mart was up 8% today, topping the Autoline Retail Stock Index. No clear catalyst, likely short-term trading momentum, with 311K traded, $420.5K in value, $11.26M market cap.
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Despite accusations of wrongdoing & opposition from former union presidents, current @UAW president Shawn Fain is likely to be reelected: youtube.com/watch?v=_aupUqy-…
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America's Car Mart was up 11.6% today, topping the Autoline Retail Stock Index. No clear catalyst, likely short-term trading momentum, with 236.6K traded, $295.8K in value, $10.42M market cap.
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America's Car Mart was up 4.7% today, topping the Autoline Retail Stock Index. Likely short-term trading momentum, with 588.4K traded, $659.01K in value, $9.34M market cap.
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.@Nissan is on pace to have its worst sales performance in the last 23 years: youtube.com/watch?v=hxtvcPWP…
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America's Car Mart was up 9.2% today, topping the Autoline Retail Stock Index. Likely short-term momentum, 0.25M traded, $0.27M in value, $9.56M market cap.
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