China’s largest electric vehicle manufacturer, BYD, reported a sharp drop in monthly sales for the first time in 2025, delivering 341,030 vehicles in July, down from 377,628 in June. The...
Tesla’s brand loyalty has sharply declined in the U.S. since CEO Elon Musk publicly endorsed Donald Trump in July 2024, according to exclusive S&P Global Mobility data shared with Reuters....
BMW is launching a new all-electric SUV, the iX3, as the first of 40 vehicles built on its all-new “Neue Klasse” platform, a sweeping initiative that aims to reposition the...
EVgo has secured a $225 million senior secured, non-recourse credit facility from five major banks, positioning the EV charging company to rapidly grow its national network by adding more than...
Foxconn, the Taiwanese electronics manufacturer best known for assembling Apple iPhones, has sold its former Lordstown, Ohio, manufacturing facility for $88 million to Crescent Dune LLC, a company it described...
Asbury Automotive Group has sold three former Larry H. Miller dealerships in Utah to Ken Garff Automotive Group as part of a strategic move to comply with manufacturer limits following...
In mid-June, four Fresno-area stores (Toyota, Chevy, Cadillac, VW) were sold by Mike Rosvold to Steve Cornelius and rebranded under the Blackstone name.
Sign up for CBT News’ daily newsletter and...
Hyundai Motor Co., Kia America and Genesis each posted record U.S. sales for July 2025, fueled by strong consumer demand for SUVs and electrified vehicles. Hyundai’s sales rose 15% year-over-year...
Ford is recalling 312,120 vehicles in the United States due to a defect in the electronic brake booster that could result in longer stopping distances and a higher risk of...
President Donald Trump has extended Mexico’s current tariff rates for 90 days, temporarily holding off on a threatened 30% hike as both countries seek to hammer out a broader trade...