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

Auto credit availability increased in October

Auto credit availability improved across all channels in October

- November 12, 2024
The Dealertrack Credit Availability Index showed a rise in auto credit availability across all channels and lender types in October. The All-Loans Index reached 94.5, marking a 2.2% increase from...
Tesla hits $1 trillion following Trump's election victory

Tesla hits $1 trillion following Trump’s election victory

- November 11, 2024
On Friday, Tesla's market cap made a historic leap, surpassing the $1 trillion mark again following Donald Trump's victory in the 2024 Presidential elections. This significant milestone underscores the company's...
Stellantis threatened with a nationwide walkout after slashing 400 more jobs

Stellantis threatened with a nationwide walkout after slashing 400 jobs

- November 11, 2024
On November 8th, Stellantis cut an additional 400 jobs at its Detroit parts facility in a desperate scramble to reduce operating costs to offset its plummeting sales. This round of...
The NHTSA is investigating Tesla's FSD software following concerns raised by the automaker's social media posts. 

NHTSA probes Tesla’s FSD software amid safety concerns over misleading social media posts

- November 11, 2024
The National Highway Traffic Safety Administration (NHTSA) is investigating Tesla's Full Self-Driving (FSD) software following concerns raised by the automaker's social media posts.  These posts appear to suggest that FSD can...
BYD is on a record run to challenge Ford's annual sales target

BYD is on a record run to challenge Ford’s annual sales target

- November 11, 2024
BYD continues to gobble up market share in China, overtaking foreign brands, and Ford is next on the hit list. The automaker is poised to outperform Ford's annual sales target...
GM is accelerating its shift towards EVs with a major transformation at its Fairfax, Kansas, assembly plant, starting in January.

GM to cease Cadillac XT4 production, invest $390 million in Fairfax plant for EV shift

- November 8, 2024
General Motors (GM) is accelerating its shift towards electric vehicles with a major transformation at its Fairfax, Kansas, assembly plant. Starting in January, GM will end production of the gas-powered...
EV startup Rivian is navigating supply chain disruptions but remains optimistic about its first-ever gross profit by the end of 2024

Rivian faces supply chain challenges but aims for profitability by year’s end

- November 8, 2024
Electric vehicle startup Rivian Automotive is navigating significant supply chain disruptions but remains optimistic about reporting its first-ever gross profit by the end of 2024. Despite a third-quarter parts shortage...
Lucid beats Q3 expectations

Lucid beats Q3 expectations with cost cuts and new Gravity launch

- November 8, 2024
Lucid Motors beat Wall Street's Q3 expectations, with revenue reaching $200 million, compared to the expected $198 million. The automaker reported a record delivery of 2,781 units, which CEO Peter...
October's wholesale used-vehicles prices drop

October trends show wholesale used-vehicle price drop

- November 8, 2024
In October, wholesale used-vehicle prices continued to fall, providing both challenges and opportunities for dealers. According to the Manheim Used Vehicle Value Index (MUVVI), wholesale prices dropped to 202.8, a...
Federal Reserve rate cuts may entire buyers back into showrooms.

Fed’s interest rate cuts could revive buyer interest

- November 7, 2024
The Federal Reserve announced a 0.25% cut to its benchmark interest rates, bringing the target range to 4.5-4.75%. This marks the second interest rate cut this year, with the first...
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