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%


About: CBT News Staff Writer

J.D. Power, tax incentive

J.D. Power believes the EV market will outperform 2023 predictions

- December 20, 2022
A new J.D. Power study has revealed that the EV market could be growing much faster than previously thought. Automakers are watching the EV market carefully for good news after pouring...
Cruise has lost yet another key leader as it continues to navigate the fallout of a mishandled traffic incident last October.

Regulators start new safety inquiry into GM backed robotaxi

- December 19, 2022
The National Highway Traffic Safety Administration (NHTSA) has opened a new investigation over reports of braking issues in a General Motors robotaxi. GM's autonomous vehicle subsidiary, Cruise, only operates the robotaxi...
Fed interest rates

Why the Fed raised interest rates again, and why it matters to the auto-industry

- December 19, 2022
The Federal Reserve has now raised interest rates to their highest since 2008, solidifying the concerns of many industry insiders that the auto-market will worsen in 2023. The Fed has hiked...
auto-manufacturers

EU trying to keep car business at home, as US entices auto-manufacturers

- December 16, 2022
The European Union is debating ways to keep auto-manufacturers from moving production to the U.S. According to a Reuters report, regulators recently asked member nations to provide numbers demonstrating the...
2023

New Edmunds report forecasts modestly improved new vehicle market in 2023

- December 16, 2022
Market researchers at Edmunds believe that 2023 will bring a small but noticeable increase in new vehicle sales thanks to slight economic recoveries seen throughout the year. The report, published this...

Citigroup shows tentative support for auto-retailer Carvana

- December 15, 2022
As analysts struggle to predict the future of the auto-retailer, Citigroup has labeled Carvana's stock as "neutral." The brand saw massive profits in 2021 as a result of economic shifts after...
Jeep Cherokee

Stellantis may still have use for closing Jeep Cherokee plant

- December 15, 2022
Stellantis is sticking with its plans to close the sole Jeep Cherokee plant in Illinois, however the company has hinted it may reopen in the future. The facility, located in Belvidere,...
after-sale

AutoNation to expand after-sale products with RepairSmith purchase

- December 14, 2022
On Monday, one of the country’s largest automotive retailers, AutoNation, announced the acquisition of maintenance company RepairSmith to boost its after-sale options. The purchase is expected to cost the dealership network...
South Korean, Twitter, Tesla

Tesla loses case over self-driving guarantees after not showing up to court

- December 14, 2022
Tesla has been ordered to install self-driving hardware for free, after losing a small claims case alleging "false advertising." Autonomous driving isn't cheap. Currently, Tesla drivers have the option to pay...
used-car

Used-car market floundered in 2022, according to Cox report

- December 13, 2022
A new Cox Automotive report reveals that the used-car market continually shrunk throughout 2022. Using the Manheim Used Vehicle Value Index, Cox Automotive's preferred tool for measuring price fluctuations, the company...


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