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

Elon Musk's $119 million investment in Trump could reshape the automotive industry's regulations

Musk’s $119 million support for Trump could reshape auto policy

- November 7, 2024
Elon Musk reportedly contributed a whopping $119 million to a pro-Trump group. Although he first publicly endorsed Donald Trump on July 13, his support for the candidate started long before. Musk's large contributions...

Nissan slashes 9,000 jobs and cuts 20% of global production capacity

- November 7, 2024
Nissan's decision to slash 9,000 jobs and cut 20% of global production capacity is a significant blow to its workforce. The automaker also lowered its sales projection for the second...
American automotive industry brace for a new Republican administration under President-elect Donald Trump and the policy changes to come.

Trump’s presidency brings mixed reactions across automotive industry as EV, tariffs, and policy future unfolds

- November 6, 2024
As the automotive industry braces for a new Republican administration under President-elect Donald Trump, stakeholders reflect on how this leadership shift may shape their operations, regulatory landscapes, and electric vehicle...
In a historic comeback, former President Donald Trump defeated Vice President Kamala Harris to secure another term in the White House

Trump’s White House return signals major shift in EV policy, trade, and economic direction

- November 6, 2024
In a historic political comeback, former President Donald Trump decisively defeated Vice President Kamala Harris to secure another term in the White House, returning to office for the first time...
GM has issued a new recall for 107 Chevrolet Bolt EVs, targeting the 2020 to 2022 model years due to a risk of battery-related fires.

GM recalls Chevrolet Bolt EVs over fire risk in latest battery-related issue

- November 6, 2024
General Motors (GM) has issued a new recall for 107 Chevrolet Bolt electric vehicles, targeting the 2020 to 2022 model years due to a risk of battery-related fires. This action...
Toyota's first quarterly profit drop in two years

Toyota reports shocking quarterly profit drop due to U.S., Japan production challenges

- November 6, 2024
On Wednesday, Toyota Motor reported its first quarterly profit drop in two years. Once regarded as one of the world's top-selling brands, the automaker had been on a record streak...
Honda Motors slashes annual forecast amid weak China sales

Honda slashes annual forecast amid weak China sales

- November 6, 2024
Despite the setback, Honda Motors has shown resilience by adjusting its annual forecasts after its first-half earnings dropped, primarily due to weak performance in China. Overall, the automaker's net profit...
AutoNation has extended its commitment to cancer awareness and support by surprising a two-time breast cancer survivor with a donation

AutoNation surprises Onco-Ballet Foundation with $25,000 donation to support cancer survivors

- November 6, 2024
AutoNation, the leading automotive retailer in the U.S. known as "America’s Most Admired Retailer," has extended its commitment to cancer awareness and support by surprising a two-time breast cancer survivor...
As Americans vote today, the automotive industry braces for potentially transformative impacts, as the future hinges on the outcome

Election 2024: What a Trump or Harris presidency could mean for the U.S. auto industry

- November 5, 2024
As Americans vote today, the automotive industry braces for potentially transformative impacts. Experts forecast significant regulatory changes, particularly concerning electric vehicle (EV) incentives, emissions standards, and trade agreements under either...
A recent study by Edmunds revealed that in Q3 of 2024, the average new car cost $47,542—$20,365 more than the average used car.

Study found new car prices surged to record highs, leaving used cars as the affordable choice

- November 5, 2024
As the price gap between new and used vehicles reaches an unprecedented level, many consumers are feeling the tension of escalating costs in the automotive market. A recent study by...
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