TSLA347.63010.76%
GM84.8601.15%
F14.0900.1601%
RIVN15.3830.6033%
CYD43.893-1.7375%
HMC31.720-0.235%
TM188.6400.39%
CVNA70.0255.025%
PAG217.6501.44001%
LAD372.79016.24001%
AN203.6206.72%
GPI266.28016.27%
ABG214.26010.32%
SAH79.7752.465%
TSLA347.63010.76%
GM84.8601.15%
F14.0900.1601%
RIVN15.3830.6033%
CYD43.893-1.7375%
HMC31.720-0.235%
TM188.6400.39%
CVNA70.0255.025%
PAG217.6501.44001%
LAD372.79016.24001%
AN203.6206.72%
GPI266.28016.27%
ABG214.26010.32%
SAH79.7752.465%
TSLA347.63010.76%
GM84.8601.15%
F14.0900.1601%
RIVN15.3830.6033%
CYD43.893-1.7375%
HMC31.720-0.235%
TM188.6400.39%
CVNA70.0255.025%
PAG217.6501.44001%
LAD372.79016.24001%
AN203.6206.72%
GPI266.28016.27%
ABG214.26010.32%
SAH79.7752.465%


Articles

In this week's top automotive stories, Tesla plans to lay off 10% of its workforce and Mexico refuses to give Chinese car makers incentives.

Automotive weekly roundup: Tesla layoffs, governors protest unions, Mexico refuses incentives

- April 19, 2024
Earlier this week: A leaked internal memo reveals that Tesla will lay off 10% of its global workforce after quarterly sales declined. New car inventory levels continue surging as the...
Mexico will not provide government subsidies to Chinese automakers due to pressures from U.S. officials, one report claims.

Mexico denies BYD, other Chinese car makers, access to incentives

- April 18, 2024
Mexico has reportedly denied Chinese automakers access to government incentives due to pressures from U.S. officials. According to a Reuters report, Mexican officials met with BYD, a major Chinese automaker, in...
Stellantis recently prevented factory closures by paying a supplier $100,000. The supplier being MacLean-Fogg Component Solutions LLC.

Stellantis pays $100,000 to supplier to prevent factory closures in Indiana

- April 18, 2024
Stellantis recently prevented factory closures by paying a supplier $100,000. The supplier, MacLean-Fogg Component Solutions LLC, had threatened to cease shipping pinions and gears to two of Stellantis' plants in...
Used vehicle prices at auction declined in the first two weeks of April as sales cooled off from a tax-season-fueled surge.

Wholesale used vehicle prices slip in early April as sales pace slows

- April 18, 2024
Used vehicle prices at auction declined again in the first half of April as the average pace of sales slowed following a burst of demand in March. The total month-over-month decline...
Rivian is planning to reduce employment by a further 1% by the end of the year in an effort to increase profitability. 

Rivian announces second round of layoffs to boost profitability

- April 18, 2024
Rivian, the EV startup, is taking drastic measures to boost its profitability. The company is implementing a second round of layoffs this year, which, although it only accounts for a...
Whe­n stress increases, productivity declines significantly, and the risk of developing he­alth issues like anxiety and de­pression rises.

Managing stress and burnout in the fast-paced retail automotive industry

- April 18, 2024
The automotive­ retail industry is a dynamic and ever-e­volving sector that poses unique challenges for its professionals. From continuous customer interactions to meeting sales goals and juggling time pressures, the...
Tesla share prices continued to decline this week as shareholders grow increasingly worried over the company's future.

Tesla share price continues to plunge as Q1 earnings report looms

- April 17, 2024
Tesla share prices continued to fall this week after a leaked internal memo indicated the company planned to lay off more than 10% of its global workforce, dragging the brand's...
The recent uptake of cars based on hydrogen fuel cell technology is declining in the United States, especially in California.

Hydrogen fuel cell car sales plummet amidst stiff competition from EVs

- April 17, 2024
The recent uptake of cars based on hydrogen fuel cell technology is declining in the United States, especially in California, where the availability of series-produced models is high. The Hydrogen Fuel...
In this week's top automotive stories, Tesla plans to lay off 10% of its workforce and Mexico refuses to give Chinese car makers incentives.

Governors share anti-union statement ahead of key VW vote

- April 17, 2024
Republican governors from six states have issued a statement warning residents against unionization as employees at Volkswagen's Tennessee plant prepare for a vote to decide whether they will join the...
Honda, gas-powered

NHTSA investigates over 3 million Honda vehicles after 47 crashes reported

- April 17, 2024
On April 17, the U.S. National Highway Traffic Safety Administration (NHTSA) made a significant announcement. It revealed that it had escalated its investigation into a serious issue- the abrupt activation...


CBT News
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.