TSLA360.590-20.67001%
GM72.540-2.5%
F11.590-0.09%
RIVN15.4000.46%
CYD39.410-0.08%
HMC24.150-0.16%
TM207.010-2.66%
CVNA313.5481.45799%
PAG149.3400.18%
LAD251.8201%
AN197.680-0.29%
GPI329.450-1.34%
ABG194.7600.73%
SAH64.870-0.38%
TSLA360.590-20.67001%
GM72.540-2.5%
F11.590-0.09%
RIVN15.4000.46%
CYD39.410-0.08%
HMC24.150-0.16%
TM207.010-2.66%
CVNA313.5481.45799%
PAG149.3400.18%
LAD251.8201%
AN197.680-0.29%
GPI329.450-1.34%
ABG194.7600.73%
SAH64.870-0.38%
TSLA360.590-20.67001%
GM72.540-2.5%
F11.590-0.09%
RIVN15.4000.46%
CYD39.410-0.08%
HMC24.150-0.16%
TM207.010-2.66%
CVNA313.5481.45799%
PAG149.3400.18%
LAD251.8201%
AN197.680-0.29%
GPI329.450-1.34%
ABG194.7600.73%
SAH64.870-0.38%


Articles

On February 6, a news release by the UAW revealed that most employees at Volkswagen AG's factory in Chattanooga, Tennessee.

UAW says it has secured majority support in non-union Volkswagen factory

- February 8, 2024
On February 6, a news release by the United Auto Workers (UAW) revealed that most employees at Volkswagen AG's factory in Chattanooga, Tennessee, have registered to join the Detroit-based union....
Hyundai and a Massachusetts dealership are suing each other in federal court over the proximity of a planned storefront in Danvers.

Massachusetts dealership to face Hyundai in court over new storefront

- February 8, 2024
Hyundai is suing in federal court to open a new storefront in Danvers, Massachusetts after a nearby dealership complained that the move violated state regulations. The automaker originally planned to open...
Tesla has a history of layoffs, and its CEO, Elon Musk, is known for initiating them not just at the EV maker but at other companies like at X

Tesla employees face potential round of layoffs

- February 8, 2024
Tesla may be gearing up for a round of layoffs, according to a recent Bloomberg report.  According to those acquainted with the situation, U.S. supervisors recently had to evaluate their deputies'...
We’ll explore some emerging trends within the automotive industry that make some dealers wonder if it’s worth advertising on TV anymore. 

Trends in automotive TV advertising—still worth it for dealers?

- February 8, 2024
Television advertisements are a big deal for car manufacturers. Minding our language, and depending on who you ask, it might be fair to say that television ads “used to be”...
Explore the seismic shift in the auto sales landscape as luxury vehicles become increasingly reserved for the top income earners.

The high-income club’s grip on auto sales

- February 8, 2024
The auto sales landscape is undergoing a seismic shift. In April of last year, CBS Detroit reported that Jonathan Smoke, chief economist at Cox Automotive, says new car sales are increasingly...
Ford recovered from its disappointing performance in 2022 with $4.33 billion in profit, beating analyst expectations despite a late-year loss.

Ford sets ambitious financial targets for 2024, reassesses EV strategy

- February 7, 2024
Ford posted strong quarterly and full-year revenues on Tuesday, beating analyst expectations—despite reporting a net loss for the October through December period—and announcing ambitious financial targets for 2024. The automaker earned...
The American automaker GM will receive cathode materials worth up to $19 billion from South Korea's LG Chem in the upcoming years.

LG Chem, GM agree to nearly $19 billion cathode supply deal

- February 7, 2024
As part of General Motors's (GM) long-term goals to become a leader in electric vehicles, the American automaker will receive cathode materials worth up to $19 billion from South Korea's...
Toyota plans to build an electric SUV at its Kentucky plants within the next two years, even as other automakers pull back from the EV market.

Toyota to build electric SUV at Kentucky plant with $1.3 billion investment

- February 7, 2024
Toyota has announced plans to invest $1.3 billion in its Kentucky facility to build a three-row electric SUV for the U.S. market. The new investments are part of the automaker's efforts...
Cars.com has recognized the best in terms of innovation, quality, and value and has released a list of the 2024 model-year best vehicles.

Top 2024 model-year vehicles taking the industry by storm

- February 7, 2024
The year 2024 has already brought a wave of newly redesigned and innovative vehicles that have taken the automobile industry by storm. Cars.com, a leading automotive website, has recognized the...
Toyota raised its profit guidance ahead of analyst expectations after completing a successful third quarter, which saw higher hybrid sales.

Toyota raises profit forecast on strong hybrid, U.S. sales

- February 6, 2024
Toyota raised its annual earnings forecast for 2023 after besting analyst expectations in the third quarter. The Japanese automaker generated roughly $11.3 billion in operating profit for the third quarter ending...


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