TSLA322.690-4.66%
GM89.1650.855%
F14.2650.025%
RIVN15.526-0.2342%
CYD48.9000.78%
HMC30.6500.53%
TM185.930-3.24%
CVNA69.2201.19%
PAG216.950-2.1%
LAD369.800-1.19%
AN215.100-0.5%
GPI282.090-3.79%
ABG221.130-1.72%
SAH88.095-0.175%
TSLA322.690-4.66%
GM89.1650.855%
F14.2650.025%
RIVN15.526-0.2342%
CYD48.9000.78%
HMC30.6500.53%
TM185.930-3.24%
CVNA69.2201.19%
PAG216.950-2.1%
LAD369.800-1.19%
AN215.100-0.5%
GPI282.090-3.79%
ABG221.130-1.72%
SAH88.095-0.175%
TSLA322.690-4.66%
GM89.1650.855%
F14.2650.025%
RIVN15.526-0.2342%
CYD48.9000.78%
HMC30.6500.53%
TM185.930-3.24%
CVNA69.2201.19%
PAG216.950-2.1%
LAD369.800-1.19%
AN215.100-0.5%
GPI282.090-3.79%
ABG221.130-1.72%
SAH88.095-0.175%


About: CBT News Editorial Team

The NHTSA expressed significant safety concerns regarding Ford's recall of over 42,000 SUVs due to fuel leak worries, leading to engine fires

Ford faces ‘significant safety concerns’ over SUV recall

- May 10, 2024
The National Highway Traffic Safety Administration (NHTSA) has expressed significant safety concerns regarding Ford's recall of over 42,000 SUVs due to fuel leak worries, which could potentially lead to engine...

NHTSA probes in Ford’s recall, VW CEO pushes more plug-in hybrid models, U.S. commerce potential ban on Chinese-connected vehicels

- May 10, 2024
Top Stories  Ford faces 'significant safety concerns' over SUV recall. Read More VW CEO introduces more plug-in hybrid models alongside ID.4 electric crossover. Read More U.S. commerce secretary warns of potential ban on...
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...
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...
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...

Toyota sets profit record, Rivian posts mixed Q1, Honda to enter robotaxi sector

- May 8, 2024
Top Stories Toyota posts record-breaking full-year profits, sets conservative forecast. Read More Wholesale used car prices continue decline in April led by compact, electric vehicles. Read More Rivian Q1 earnings a mixed bag,...

Lucid posts Q1 earnings, UAW authorizes strike, France welcomes BYD

- May 7, 2024
Top Stories Lucid reports first-quarter earnings after sales rise. Read More UAW authorizes strike at key Stellantis plant over safety concerns. Read More NHTSA requests comparative data over Tesla Autopilot recall investigation. Read...

Honda April sales rise, Biden grants $100 million for suppliers, UAW ratifies Daimler contract

- May 6, 2024
Top Stories Honda posts strong April sales but disappoints on hybrid, EV growth. Read More Biden Administration grants $100 million to auto suppliers for EV transition. Read More UAW ratifies Daimler Truck contract...

Ford sales drop, Rivian to expand factory, Toyota launches hydrogen HQ

- May 3, 2024
Top Stories Ford sales decline in April on weaker pickup demand, hybrids accelerate. Read More Rivian gets new incentive package for Illinois factory expansion. Read More Toyota continues hydrogen investments with new headquarters....
In this week's top automotive stories, AutoNation and Penske Automotive saw profits slide during the first quarter on weaker pricing.

Automotive weekly roundup: dealer group profits fall, emergency brake rule, Ford University launch

- May 3, 2024
Earlier this week: AutoNation and Penske Automotive reported first quarter earnings this week, revealing notable declines in profitability. The National Highway Traffic Safety Administration finalized a rule requiring automakers to...


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