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%


Articles

UAW won't endorse Biden without EV promises, call Trump re-election a "disaster"

UAW won’t endorse Biden without EV promises, calls Trump re-election a ‘disaster’

- May 4, 2023
The United Auto Workers (UAW) union is refusing to endorse President Biden's reelection campaign until his administration addresses concerns arising from the electrification of the auto industry. In a letter, newly-seated...
Federal Reserve raises interest rates, not sure on inflation

Federal Reserve raises interest rates, says economy is ‘closer’ to end of hikes

- May 4, 2023
Although May 3 saw interest rates rise for the tenth time since March 2022, the Federal Reserve has seemingly adopted a new stance on inflation. The Federal Funds Rate now sits...
April U.S. auto sales Honda, Acura

Honda, Acura maintain strong sales momentum in April

- May 4, 2023
More robust new and used car inventories have contributed to American Honda's double-digit sales growth in April to reach 116,00 units.  Here are the Brand’s numbers:  Honda topped 102,000 units...
Toyota

Toyota meets with U.S. officials, is ‘fully committed’ to electrification

- May 4, 2023
Investors and environmental organizations have consistently criticized Toyota in recent years for its sluggish progress toward electrification, with American critics being the loudest. However, the new management group that took...
April's U.S. auto sales are projected to have a 2.3% rise compared to last year, likely due to increased inventory supply.

April U.S. auto sales see solid year-over-year gains

- May 4, 2023
April 2023 is a tale of two stories. One indicates that buyers are continuing to benefit from increased inventory offerings, while the other shows there might be a slowdown approaching...
Could you buy an electric vehicle - whether new or used, with the current EV prices available on the market? How about six months from now?

EV prices are dropping but has that made them affordable?

- May 4, 2023
Could you buy an electric vehicle - whether new or used, with the current EV prices available on the market? How about six months from now, or when your current...
Stellantis makes progress in Q1, sees easing semiconductor shortage

Stellantis makes progress in Q1, sees easing semiconductor shortage

- May 3, 2023
Higher prices and stabilizing supply chains allowed Stellantis to push first-quarter revenues and shipments ahead of their 2022 numbers. The automaker reported net revenues of approximately €47.2 billion ($52 billion) for...
Ford sees sales, profits increase in Q1, but struggles with EV segment

Ford sees sales, profits increase in Q1, but struggles with EV segment

- May 3, 2023
The first quarter brought stronger sales volume, cash flow and profits for American auto manufacturer Ford, according to its earnings summary released May 2. The Blue-Oval brand saw revenues increase 20%...

Fisker Ocean reimagines fleet operations with swappable EV batteries

- May 3, 2023
A variant of the Ocean all-electric SUV compatible with battery-swapping technology will be available on the market thanks to a collaboration between California-based EV firm Fisker and Ample.  By Q1 2024,...
Rory Harvey

GM appoints Rory Harvey as new president along with several other executive changes

- May 3, 2023
Rory Harvey will assume the presidency of General Motors on June 1, succeeding Steve Carlisle, who is retiring after 41 years with the company.  Over the course of his career, Carlisle...


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.