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: Kimberly Hurley

Kimberly Hurley

Kimberly Hurley is a contributing writer and investigative journalist for CBT News, with over a decade of experience specializing in automotive, healthcare, and manufacturing. She enjoys working with industry professionals throughout the world to develop engaging, and accurate content.

Carvana

Carvana’s operations in Illinois have been suspended

- May 18, 2022
Illinois has suspended Carvana's dealer's license after an investigation found that the company “improperly” gave residents out-of-state registration tags and failed to transfer car titles within a reasonable time frame. The investigation...
Articles Headlines
trade-in December auto sales

Cars.com study shows trade-in payouts continue to exceed expectations

- May 17, 2022
A recent survey from Cars.com revealed that both dealers and consumers report getting higher trade-in values for vehicles compared to two years ago. A staggering 99% of dealers reported they are...
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U.S. Postal Service

Investigation launched into U.S. Postal Service Next Generation Delivery Vehicles

- May 17, 2022
Opposition to the U.S. Postal Service’s plan for its so-called “Next Generation Delivery Vehicles” is growing even more, with the House Oversight and Reform Committee opening an investigation into the...
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Fisker

Foxconn to build Fisker PEAR EV at Lordstown Motors plant

- May 16, 2022
Shortly after Foxconn Technology Group (also known as Hon Hai Precision Industry Co.) finalized its purchase of Lordstown Motor Co.’s manufacturing facility in Ohio last week, the electronics giant announced it will...
Articles Headlines
Nissan

Nissan considering new plant in the U.S., COO says

- May 16, 2022
On Friday, Nissan Motor Co.’s Chief Operating Officer Ashwani Gupta said that it “may not be a surprise” if the automaker chooses to open another manufacturing plant in the United...
Articles Headlines
Lordstown Motors

Lordstown Motors closes critical deal with Foxconn

- May 13, 2022
Lordstown Motors Corp. announced on Wednesday that it has finally closed its deal with Taiwan-based Foxconn, which will provide the company with much-needed capital that will help it continue its operations....
Articles Headlines
General Motors

General Motors to return to Europe for EV production, CEO Mary Barra says

- May 13, 2022
General Motors Chief Executive Officer Mary Barra announced this week that the automaker is planning on returning to Europe and will only be manufacturing electric vehicles there. Aside from continuing sales...
Articles Headlines
Carvana

Carvana cuts 2,500 jobs after posting net loss of $506M

- May 12, 2022
In a regulatory filing this week, Carvana said that it has laid off 2,500 of its employees, accounting for 12% of its workforce. Most of the affected employees were reportedly working in...
Articles Headlines
EchoPark

Sonic Automotive opens EchoPark retail hub in Missouri

- May 12, 2022
In a press release this week, Sonic Automotive said that its EchoPark brand has now expanded into Missouri as part of its goal to have 90% coverage throughout the U.S. by 2025....
Articles Headlines
EV

Stellantis CEO predicts supply issues will hinder EV transition

- May 11, 2022
Stellantis Chief Executive Officer Carlos Tavares said at a conference on Tuesday that the auto industry would likely continue to be impacted by the ongoing supply chain disruptions for a few more...
Articles Headlines

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