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

Scout Motors

VW’s Scout Motors reveals an electric SUV and truck with extended-range gas option

- October 25, 2024
On Thursday, Volkswagen's Scout Motors unveiled its concept electric SUV and truck, announcing extended-range versions that include a small gasoline engine to address U.S. drivers' concerns about recharging. The full...
wind tunnel

Stellantis invests $29.5M in wind tunnel tech to boost EV range for Jeep, Dodge, and Ram

- October 25, 2024
Stellantis has invested $29.5 million in advanced wind tunnel technology at its research and technical center in Auburn Hills, Michigan. This investment aims to improve the driving range of upcoming...
The U.S. gov't has approved a lithium mine in Nevada to disrupt China’s hold over the global supply of minerals needed for EV batteries.

U.S. greenlights major lithium mine in Nevada to challenge China’s supply chain dominance

- October 25, 2024
The U.S. government has approved the construction of a massive lithium mine in Nevada, aiming to disrupt China’s hold over the global supply of critical minerals needed for electric vehicle...
New vehicle sales for October 2024 are projected to increase compared to September despite maintaining the same SAAR of 15.8 million.

October new vehicle sales expected to rise by 10% amid steady market trends

- October 25, 2024
In October 2024, new vehicle sales are expected to rise by 10% compared to September, while maintaining a seasonally adjusted annual rate (SAAR) of 15.8 million. This increase in sales...

Weekly roundup: GM exceeds Q3 earnings, EV sales surge, Trump proposes U.S. car tax breaks

- October 25, 2024
Earlier this week: GM surpassed Wall Street Expectations with robust Q3 earnings. The U.S. electric vehicle market sees record growth as EV sales hit new milestones. Trump proposes tax breaks...
Nearly 80 members of Congress have called on automaker Stellantis to fulfill its investment commitments tied to its contract with the UAW

Lawmakers urge Stellantis to honor UAW investment commitments amid rising tensions

- October 24, 2024
Nearly 80 members of Congress, including Senate Majority Leader Chuck Schumer and Senator Dick Durbin, have called on automaker Stellantis to fulfill its investment commitments tied to its contract with...
Tesla reported a strong net income of $2.2 billion for the third quarter, reflecting a 17% increase compared to the same period last year.

Tesla posts robust Q3 earnings with $2.2B net income

- October 24, 2024
Tesla reported a strong net income of $2.2 billion for the third quarter (Q3), reflecting a 17% increase compared to the same period last year. The company's total revenue for...
Hyundai has reported a 7% drop in Q3 operating profit, citing a slowdown in demand & increased competition in the global auto industry

Hyundai warns of slowing demand and rising competition amid 7% drop in Q3 profit

- October 24, 2024
Hyundai Motor has reported a 7% drop in third-quarter operating profit, citing a slowdown in demand and increased competition in the global auto industry. The company posted an operating profit...
Lithia Motors successfully reduced expenses and anticipates saving an additional $100 million in 2025, increasing the total savings.

Lithia Motors surpasses cost-cutting target, achieves $200M in savings

- October 24, 2024
According to COO Adam Chamberlain, Lithia Motors successfully reduced expenses by $200 million by the end of the third quarter, surpassing its original cost-cutting target by $50 million. The initiative,...
U.S. Energy Secretary Jennifer Granholm said the U.S. DOE is swiftly finalizing $1.7 billion in grants to convert plants for EV production

U.S. Energy Department races to finalize $1.7 billion in EV plant conversion grants

- October 23, 2024
U.S. Energy Secretary Jennifer Granholm said on Tuesday that the U.S. Department of Energy is moving swiftly to finalize $1.7 billion in grants to convert automotive plants for electric vehicle...
CBT News
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