TSLA404.110-5.88%
GM72.630-0.47%
F13.0600.03%
RIVN12.900-0.45%
CYD50.420-0.02%
HMC25.3200.11%
TM185.470-1.9%
CVNA63.415-2.605%
PAG156.460-3.29%
LAD257.090-7.8%
AN178.590-3.35%
GPI305.470-11.71%
ABG177.5001.22%
SAH72.870-1.19%
TSLA404.110-5.88%
GM72.630-0.47%
F13.0600.03%
RIVN12.900-0.45%
CYD50.420-0.02%
HMC25.3200.11%
TM185.470-1.9%
CVNA63.415-2.605%
PAG156.460-3.29%
LAD257.090-7.8%
AN178.590-3.35%
GPI305.470-11.71%
ABG177.5001.22%
SAH72.870-1.19%
TSLA404.110-5.88%
GM72.630-0.47%
F13.0600.03%
RIVN12.900-0.45%
CYD50.420-0.02%
HMC25.3200.11%
TM185.470-1.9%
CVNA63.415-2.605%
PAG156.460-3.29%
LAD257.090-7.8%
AN178.590-3.35%
GPI305.470-11.71%
ABG177.5001.22%
SAH72.870-1.19%

Headlines

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...
Donald Trump’s 2024 presidential comeback sends ripples through the Republican and auto worlds, with implications for car dealers/union labors

Bernie Moreno’s win in Ohio paves the way for Trump’s labor policy changes

- November 7, 2024
Donald Trump’s 2024 presidential comeback is sending ripples through the political and automotive worlds, with major implications for car dealers, labor unions, and industry regulations. The Republican victory not only...
Donald Trump’s victory in the 2024 election has dealt a significant blow to UAW President’s efforts to rebuild the union’s political influence

UAW faces setback in Trump’s victory, undermining efforts to rebuild political influence

- November 7, 2024
Donald Trump’s victory in the 2024 election has dealt a significant blow to UAW President Shawn Fain’s efforts to rebuild the union’s political influence. Despite an aggressive campaign to support...
Stellantis has announced it will cut one production shift and lay off approximately 1,100 workers at its Toledo South Assembly Plant in Ohio

Stellantis will lay off 1,100 workers at Ohio Jeep plant amid sales struggles

- November 7, 2024
Stellantis has announced it will cut one production shift and lay off approximately 1,100 workers at its Toledo South Assembly Plant in Ohio. This decision aims to align manufacturing output...
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