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

According to a recent Kelly Blue Book study, electric vehicle (EV) sales in the U.S. reached new heights in the second quarter of 2024,

Record EV sales in Q2 as new models boost competition and drive down prices

- August 22, 2024
According to a recent Kelly Blue Book study, electric vehicle (EV) sales in the U.S. reached new heights in the second quarter of 2024, with 320,463 units sold—a notable 23%...
Stellantis CEO is visiting Detroit this week to personally address and develop a strategy to fix the automaker's faltering operations.

Stellantis CEO Tavares seeks to revive struggling U.S. operations amid investor and employee concerns

- August 21, 2024
Stellantis CEO Carlos Tavares is visiting Detroit this week to personally address and develop a strategy to fix the automaker's faltering North American operations. The visit underscores the urgency of...
General Motors’ premium brand GMC is positioning itself as a leader in the electric truck market with the launch of the new Sierra EV.

GMC aims for leadership in electric truck sales with launch of the Sierra EV

- August 21, 2024
General Motors’ premium brand GMC is positioning itself as a leader in the electric truck market with the launch of the new Sierra EV. This vehicle joins GMC’s growing electric...
Tesla recalls 9,136 Model X SUVs due to a potential safety risk involving the roof trim, according to the National Highway of Traffic Safety

NHTSA recalls over 9,000 Tesla Model X SUVs

- August 21, 2024
Tesla is recalling 9,136 Model X SUVs due to a potential safety risk involving the roof trim, which could detach and increase the risk of a crash, according to the...
CBT News is in the final stages of accepting nominations for its prestigious 40 Under 40 Awards, an annual recognition program sponsored by Force Marketing.

Nominate outstanding automotive leaders for CBT News’ 40 Under 40 Awards

- August 21, 2024
CBT News is in the final stages of accepting nominations for its prestigious 40 Under 40 Awards, an annual recognition program sponsored by Force Marketing. The award honors outstanding young...
GM is laying off more than 1,000 salaried employees globally within its Software and Services division following a strategic review.

GM lays off over 1,000 software and services division employees amid strategic streamlining

- August 20, 2024
General Motors (GM) is laying off more than 1,000 salaried employees globally within its Software and Services division following a strategic review to streamline operations. The cuts include approximately 600...
Republican presidential candidate Donald Trump stated that if elected, he might end the $7,500 tax credit for electric vehicles.

Trump considers ending EV tax credit, praises Musk for potential cabinet role, threatens tariffs on Mexican-made cars

- August 20, 2024
At a campaign event in Asheville, North Carolina, Republican presidential candidate Donald Trump stated that if elected, he might end the $7,500 tax credit for electric vehicle (EV) purchases. Trump...
Wholesale used-vehicle prices have risen by 0.5% from July during the first half of August, as the Manheim Used Vehicle Value rose to 202.6.

Wholesale used vehicle prices rose 0.5% in early August

- August 20, 2024
Wholesale used-vehicle prices have risen by 0.5% from July during the first half of August, as the Manheim Used Vehicle Value Index increased to 202.6. Despite the month-over-month growth, the...
Genesis is strengthening its luxury brand image in the U.S. by opening new retail facilities and launching high-performance vehicles.

Genesis expands U.S. presence and unveils high-performance EVs

- August 19, 2024
Genesis is rapidly strengthening its luxury brand image in the U.S. by opening new stand-alone retail facilities and launching high-performance vehicles. The brand recently announced the opening of 21 new...
Rivian has temporarily halted production of its Electric Delivery Vans (EDVs) for Amazon at its Normal, IL plant due to a parts shortage.

Rivian halts EDV production due to parts shortage amid scaling challenges

- August 19, 2024
Rivian has temporarily halted production of its Electric Delivery Vans (EDVs) at its Normal, IL plant due to a parts shortage. The company confirmed the pause on August 16, citing...
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