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%

Headlines

General Motors (GM)

General Motors revamps loyalty program, launches new GM Rewards Mastercard

- June 5, 2025
General Motors (GM) is revamping its GM Rewards loyalty program and introducing a new GM Rewards™ Mastercard®. The initiative aims to boost customer engagement and offer enhanced value across GM...
Elon Musk is actively working to derail President Trump’s tax bill after failing to convince Republican lawmakers to preserve EV subsidies

Musk battles Trump over $2.4T tax bill, fights to save EV credit

- June 5, 2025
Elon Musk is actively working to derail President Donald Trump’s $2.4 trillion tax bill after failing to convince Republican lawmakers to preserve key electric vehicle subsidies. The Tesla CEO personally...
Ford recall

Ford issues another wave of recalls, impacting over 550K U.S. vehicles

- June 5, 2025
Ford is issuing another wave of recalls, impacting more than 550,000 U.S. vehicles due to airbag malfunctions and structural issues that could increase the risk of collisions and injuries. The...
BMW is moving forward with plans to build fully electric versions of its X5 and X7 SUVs at its Spartanburg assembly plant.

BMW to build electric iX5 and iX7 in U.S. despite tariff shifts

- June 5, 2025
German luxury automaker BMW is moving forward with plans to build fully electric versions of its iX5 and iX7 SUVs at its Spartanburg assembly plant in South Carolina, despite recent...
Lucid

Lucid secures U.S. graphite deal to bolster domestic battery supply chain

- June 5, 2025
Lucid Group has finalized a multi-year supply agreement with Graphite One Inc. to secure domestically sourced natural graphite for its future electric vehicle batteries. The deal marks Lucid’s third U.S.-based...
NEVI

Spending power dispute erupts over Trump’s halt of NEVI EV grants

- June 4, 2025
The White House rejected a Government Accountability Office (GAO) conclusion that the Trump administration illegally delayed $5 billion in EV infrastructure grants. On Tuesday, the Office of Management and Budget...
According to the International Energy Agency’s (IEA) latest Global EV Outlook, sales of EVs are accelerating globally, despite trade pressures

EV sales climb to record high as global prices drop and adoption expands 

- June 4, 2025
According to the International Energy Agency’s latest Global EV Outlook, sales of electric vehicles (EVs) are accelerating globally, despite trade pressures and market disruptions, including U.S. tariffs.  In 2024, more than...
The co-owner of Champion Motorsports is allegedly stepping down after sending an antisemitic slur to a prospective customer. 

Florida dealer resigns after antisemitic text to customer surfaces

- June 4, 2025
The co-owner of Champion Motorsports, a luxury car dealership in Pompano Beach, Florida, is allegedly stepping down after sending an anti-Semitic slur in a text message to a prospective customer.  Naveen...
Retail momentum in the auto market slowed in May, with several automakers still reporting gains despite a cooldown from tariff-driven sales

U.S. auto sales slow in May as tariff pressures and inventory challenges mount

- June 4, 2025
Retail momentum in the U.S. auto market slowed in May, with several automakers still reporting gains despite a cooldown from the tariff-driven sales rush seen in March and April. New...
Volkswagen

Volkswagen reaches deal for 20,000 voluntary job cuts across German sites

- June 4, 2025
Volkswagen (VW) has secured agreements for approximately 20,000 employees to voluntarily leave the company by 2030, a major milestone in its sweeping plan to restructure German operations. The move is...
CBT News
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