TSLA327.3505.27%
GM88.3100.63%
F14.240-0.19%
RIVN15.7600.405%
CYD48.1201.63%
HMC30.1200.52%
TM189.1703%
CVNA68.0301.9%
PAG219.0501.55%
LAD370.990-6.92%
AN215.6000.17%
GPI285.880-6.26%
ABG222.850-5.12%
SAH88.2701.04%
TSLA327.3505.27%
GM88.3100.63%
F14.240-0.19%
RIVN15.7600.405%
CYD48.1201.63%
HMC30.1200.52%
TM189.1703%
CVNA68.0301.9%
PAG219.0501.55%
LAD370.990-6.92%
AN215.6000.17%
GPI285.880-6.26%
ABG222.850-5.12%
SAH88.2701.04%
TSLA327.3505.27%
GM88.3100.63%
F14.240-0.19%
RIVN15.7600.405%
CYD48.1201.63%
HMC30.1200.52%
TM189.1703%
CVNA68.0301.9%
PAG219.0501.55%
LAD370.990-6.92%
AN215.6000.17%
GPI285.880-6.26%
ABG222.850-5.12%
SAH88.2701.04%

Headlines

General Motors (GM) has announced production cuts for its Chevrolet Bolt and Cadillac electric vehicles (EVs).

GM to cut EV production amid expiring federal tax credits

- September 4, 2025
On the Dash: General Motors is cutting Chevrolet Bolt and Cadillac EV production in response to uncertain demand following the Sept. 30 expiration of federal EV tax credits.  Despite record...
Japan and the US are in the final stages of implementing lower tariffs on Japanese automobile imports, with a reduction from 27.5% to 15%

US, Japan set to lower tariffs on Japanese automobiles as trade agreement advances

- September 4, 2025
On the Dash: U.S. tariffs on Japanese car imports are set to drop from 27.5% to 15%, taking effect within 10–14 days after a presidential executive order. The executive order...
August U.S. auto sales rose for Toyota, Ford, Hyundai, Honda, and Subaru, fueled by SUVs, EVs, and strong incentives.

August auto sales show mixed results across brands

- September 4, 2025
On the Dash: Toyota, Ford, Hyundai, Honda, and Subaru all posted strong August sales, with Hyundai and Kia hitting records. SUVs and electric vehicles drove overall growth across brands. EV...
The Swedish automaker Polestar reported a second-quarter net loss of $1.03 billion, more than triple the loss from the previous year.

Polestar posts $1 billion loss as tariffs and weak U.S. sales pressure EV maker

- September 4, 2025
On the Dash: Polestar posted a $1.03 billion Q2 loss, driven largely by a $739 million impairment charge on the Polestar 3 due to U.S. tariffs and pricing challenges. Europe...
Q3 2025 Cox Automotive Dealer Sentiment Index shows steady dealer confidence, rising costs, and record-low EV outlook amid slower traffic.

Dealer confidence steady in Q3 despite profit pressure and EV concerns

- September 4, 2025
On the Dash: Dealer confidence stayed steady in Q3 with a market index of 43, despite softer traffic and profitability, according to the Cox Automotive Dealer Sentiment Index (CADSI). Rising...
CDK Global reports Ease of Purchase for car buyers rises to 89% despite tight inventory and challenges with test drives and delivery

Car buyers face inventory challenges despite smooth dealership experience, CDK study finds

- September 3, 2025
On the Dash: CDK Global reports Ease of Purchase rose to 89%, but more buyers are ordering vehicles in transit due to tight inventory. Nearly three-quarters of buyers completed deals...
On Monday, shares of Chinese electric vehicle maker BYD tumbled nearly 8% after the company reported a 30% drop in quarterly profit.

BYD profit falls 30% as domestic EV price war hits margins

- September 3, 2025
On the Dash: BYD’s Q2 net profit fell nearly 30% to 6.36 billion yuan ($891 million) due to an aggressive domestic EV price war. Despite profit pressures, BYD’s revenue grew...
U.S. EV sales hit an all-time monthly record in August, with customers rushing to buy ahead of the expiration of federal EV tax credits.

U.S. EV sales set record in August as GM delivers over 21,000 EVs

- September 3, 2025
On the Dash: U.S. EV sales likely hit a record high in August, with General Motors selling more than 21,000 EVs across Chevrolet, Cadillac, and GMC. GM expects a sales...
Tesla CEO Elon Musk predicts Optimus robots will drive most of Tesla’s value as automotive sales slow and skeptics question the plan.

Elon Musk ignores Tesla sales slump, places bets on Optimus humanoid robots

- September 3, 2025
On the Dash: Elon Musk predicts that Optimus humanoid robots will eventually make up over 75% of Tesla’s value, with the company’s long-term growth tied heavily to AI and robotics. ...
Audi unveiled its Concept C electric sports car Tuesday night in Milan, introducing a minimalist design and signaling a major brand shift.

Audi debuts Concept C electric sports car as brand shifts focus amid tariffs, EV slowdown

- September 3, 2025
On the Dash: The Concept C, a two-seat, all-electric sports car, debuts with a minimalist Bauhaus-inspired design and will enter production in 2027, targeting exclusive but attainable pricing. CEO Gernot...
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.