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

production

UAW pushes automakers to fill idle U.S. plant capacity, citing potential for 90,000 new jobs

- May 6, 2025
The United Auto Workers (UAW) is calling on automakers to maximize production at underutilized U.S. factories, claiming the move could generate up to 90,000 new manufacturing jobs and over 630,000...
On May 5, General Motors appointed Duncan Aldred as senior vice president and president of North America, effective immediately.

GM names Duncan Aldred President of North America to strengthen sales, customer focus

- May 6, 2025
On May 5, General Motors appointed Duncan Aldred as senior vice president and president of North America, effective immediately. Aldred, who most recently served as vice president of commercial growth strategies...
Rivian is investing nearly $120 million to construct a new 1.2 million-square-foot supplier park near its manufacturing facility in Illinois.

Rivian to build $120M supplier park in Illinois, backed by $16M state incentive

- May 6, 2025
Electric vehicle manufacturer Rivian is investing nearly $120 million to construct a new 1.2 million-square-foot supplier park near its manufacturing facility in Normal, Illinois. The project, announced Monday alongside Illinois...
On May 2, Transportation Secretary Sean Duffy told employees that he is planning to reduce the department’s workforce

Transportation Secretary plans to cut workforce by end of May under Trump’s efficiency push

- May 5, 2025
Speaking at a department town hall on May 2, Transportation Secretary Sean Duffy announced that the Department of Transportation will carry out a reduction in force (RIF) at the end...
Volvo Cars

Volvo reports 11% drop in April sales amid slumping EV demand

- May 5, 2025
Volvo reported on Monday that its sales for April had significantly declined, revealing an 11% drop compared to the previous year. The Swedish automaker sold 58,881 vehicles last month, marking...
GM will eliminate one of three shifts at its Oshawa, Ontario, plant, cutting roughly 700 jobs as it adjusts to President Trump's tariffs.

GM cuts shifts in Ontario plant, impacting 700 jobs due to auto tariffs

- May 5, 2025
General Motors (GM) will eliminate one of three shifts at its Oshawa, Ontario, plant, cutting roughly 700 jobs as the automaker adjusts its North American operations in response to President...
Tesla Model Y financing offers

Tesla cuts financing rates on new Model Y in U.S. amid demand concerns

- May 5, 2025
Tesla is offering discounted financing rates for the newly refreshed Model Y in the U.S. as part of its continued efforts to revive softer-than-expected consumer demand. The new incentive features...
Jaguar Land Rover has resumed shipping vehicles to the U.S. after a nearly month-long halt triggered by President Donald Trump’s 25% tariff

Jaguar Land Rover resumes U.S. shipments after tariff-related halt

- May 5, 2025
Jaguar Land Rover (JLR)has resumed shipping vehicles to the United States after a nearly month-long suspension triggered by President Donald Trump’s 25% tariff on imported cars and light trucks. The first...
Audi maintains 2025 financial guidance

Audi maintains 2025 financial outlook despite profit drop

- May 5, 2025
Audi will maintain its full-year financial outlook for 2025 despite profit drops and the uncertainty caused by the United States's automotive tariffs. The automaker projects revenue of $76.28 billion to...
Ford reported a 16% increase in U.S. auto sales for April, driven by strong demand for pickup trucks and aggressive discounting.

Ford sees 16% surge in auto sales amid robust pickup truck demand

- May 2, 2025
On May 1, Ford reported a 16% increase in U.S. auto sales for April, driven by strong demand for pickup trucks and aggressive discounting through its employee pricing program. However,...
CBT News
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