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

Image of an EV model being charged

New EV models drive October’s market share

- October 29, 2024
The newest wave of highly anticipated EV models from big brands such as Chevy, Honda, Jeep, and Volkswagen are expected to drive October’s market share.  According to Cox Automotive’s EV Market...
An image of Penske Automotive Group's CEO Roger Penske

Penske Q3 profits drop amid BMW recall and rising interests costs

- October 29, 2024
Penske Automotive Group reported a 14% drop in net income in Q3 due to the BMW recall and rising interest costs. Penske, a diverse automotive giant, offers a portfolio of...
battery

Ford shifts battery production, partners with LG Energy Solution

- October 28, 2024
Ford has announced a significant shift in its production strategy by relocating the battery manufacturing for the Mustang Mach-E from Poland to Michigan, effective 2025. This decision comes as part...

UAW Local 2209 initiates strike authorization vote at GM’s Fort Wayne plant

- October 28, 2024
United Auto Workers (UAW) Local 2209 is set to hold a critical vote on Wednesday regarding a potential strike at General Motors' Fort Wayne Assembly Plant in Indiana. The plant...
tweet

Court upholds Musk’s pro-union tweet as free speech

- October 28, 2024
A divided U.S. appeals court has ruled that Tesla CEO Elon Musk's 2018 tweet, which stated that employees would lose stock options if they unionized, falls under the protection of...
LG Energy

LG Energy Solution’s profits plummet nearly 40% amid sluggish EV demand

- October 28, 2024
LG Energy Solution reported a significant operating profit drop of nearly 40% for the third quarter, attributing the decline to sluggish demand for electric vehicles (EVs). For the three months...
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...
CBT News
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