TSLA336.870-2.43%
GM83.710-0.66%
F13.945-0.1%
RIVN14.780-0.09%
CYD45.630-0.8%
HMC31.9500.05%
TM188.250-0.93%
CVNA65.000-5.09%
PAG216.210-1.74%
LAD356.550-12.97%
AN196.900-8.06%
GPI250.010-9.67%
ABG203.940-4.6%
SAH77.310-2.95%
TSLA336.870-2.43%
GM83.710-0.66%
F13.945-0.1%
RIVN14.780-0.09%
CYD45.630-0.8%
HMC31.9500.05%
TM188.250-0.93%
CVNA65.000-5.09%
PAG216.210-1.74%
LAD356.550-12.97%
AN196.900-8.06%
GPI250.010-9.67%
ABG203.940-4.6%
SAH77.310-2.95%
TSLA336.870-2.43%
GM83.710-0.66%
F13.945-0.1%
RIVN14.780-0.09%
CYD45.630-0.8%
HMC31.9500.05%
TM188.250-0.93%
CVNA65.000-5.09%
PAG216.210-1.74%
LAD356.550-12.97%
AN196.900-8.06%
GPI250.010-9.67%
ABG203.940-4.6%
SAH77.310-2.95%


Articles

Volkswagen (VW) CEO Thomas Schafer announced plans to introduce more plug-in hybrids alongside their ID.4 electric crossover.

VW CEO plants to introduce more plug-in hybrids as EV demand hits ‘plateau’

- May 10, 2024
At the London Financial Times Future of the Car conference, Volkswagen (VW) CEO Thomas Schafer announced plans to introduce more plug-in hybrids alongside their ID.4 electric crossover. This shift comes...
Articles Headlines
Vice President Kamala Harris announced $100 million in federal grants for automotive suppliers, accelerating industry transition toward EVs

Automotive weekly roundup: Bill aims to nullify EV tax credit, VP’s auto suppliers grant, Stellantis UAW members vote to strike over safety concerns

- May 10, 2024
Earlier this week: Republicans proposed an IRA bill to repeal the U.S. EV tax credit, which would give China an advantage in EV production. Vice President Kamala Harris announced $100...
Articles Daily Automotive News
Recently, Cars.com - an audience-driven technology company - reported its first quarter financial results for 2024, ending on March 31.

Cars.com reports robust Q1 2024 financial results with 8% revenue growth

- May 9, 2024
Recently, Cars.com - an audience-driven technology company - reported its first-quarter financial results for 2024, which ended on March 31. The results revealed that revenue increased by 8% to $180.2 million...
Headlines Articles
Hyundai Capital America allegedly repossessed 26 cars whose owners had started making loan payments before reporting for active service.

Hyundai, Kia settle U.S. charges for unlawful repossessing service members’ vehicles

- May 9, 2024
The American financing division of Hyundai and Kia has agreed to pay $334,941 to resolve allegations that it unlawfully repossessed vehicles that belonged to active military personnel, the U.S. Department...
Articles Headlines
According to an exclusive Reuters report, U.S. prosecutors are investigating whether Tesla committed securities or wire fraud.

DOJ further investigates Tesla for possible securities, wire fraud

- May 9, 2024
According to an exclusive Reuters report, U.S. prosecutors are investigating whether Tesla committed securities or wire fraud by deceiving investors and customers about its self-driving capabilities. The Securities and Exchange Commission...
Headlines Articles
On May 8, GM announced that it would stop making the gasoline-powered Chevrolet Malibu later this year to focus on building new EVs.

GM halts Chevrolet Malibu production for electric future, invests $390M in Kansas plant

- May 9, 2024
On May 8, General Motors announced that it would stop making the gasoline-powered Chevrolet Malibu later this year to focus on building new electric cars. GM is demonstrating its commitment to...
Articles Headlines
In this article, we take a look at how technology can help dealers streamline their inventory management strategies for more efficiency.

How real-time data is empowering dealers to manage inventory more efficiently

- May 9, 2024
In today’s market, stocking your dealership’s lot with the right inventory is crucial and has a direct impact on overall dealership profits and success of the business. It involves knowing...
Articles Management & Leadership
Wholesale used vehicle prices continued to weaken in April, with luxury models retaining more value than others.

Wholesale used vehicle prices dip in April as retail sales cool

- May 8, 2024
Wholesale used vehicle prices in April continued declines observed throughout the first quarter, with retail sales taking a hit as tax season drew to a close. Cox Automotive's Manheim Used Vehicle...
Articles Headlines
Rivian announced its first quarter 2024 results, which exceeded analyst expectations regarding revenue growth year-over-year.

Rivian exceeds Q1 2024 expectations despite plant closure and cost-cutting measures

- May 8, 2024
On May 7, EV startup Rivian announced its first quarter 2024 results, which exceeded analyst expectations regarding revenue growth year-over-year. The automaker reported that it sold 5.1% of U.S. EVs...
Headlines Articles
Toyota reported record-breaking sales and profits for the fiscal year ending in March but set cautious expectations for the coming months.

Toyota lukewarm on earnings guidance despite record-breaking profits

- May 8, 2024
Toyota reported record-breaking profits for the fiscal year ending March after a massive surge in hybrid demand but set cautious earnings expectations for the coming months, citing upcoming investments into its operations...
Articles Headlines


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CBT News
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