TSLA321.550-5.8%
GM89.1600.85%
F14.130-0.11%
RIVN15.560-0.2%
CYD48.9200.8%
HMC30.6000.48%
TM185.890-3.28%
CVNA69.4751.445%
PAG215.760-3.29%
LAD368.570-2.42%
AN215.7800.18%
GPI277.600-8.28%
ABG219.470-3.38%
SAH86.810-1.46%
TSLA321.550-5.8%
GM89.1600.85%
F14.130-0.11%
RIVN15.560-0.2%
CYD48.9200.8%
HMC30.6000.48%
TM185.890-3.28%
CVNA69.4751.445%
PAG215.760-3.29%
LAD368.570-2.42%
AN215.7800.18%
GPI277.600-8.28%
ABG219.470-3.38%
SAH86.810-1.46%
TSLA321.550-5.8%
GM89.1600.85%
F14.130-0.11%
RIVN15.560-0.2%
CYD48.9200.8%
HMC30.6000.48%
TM185.890-3.28%
CVNA69.4751.445%
PAG215.760-3.29%
LAD368.570-2.42%
AN215.7800.18%
GPI277.600-8.28%
ABG219.470-3.38%
SAH86.810-1.46%

Headlines

Tesla shares drop 8% amid broader market declines, highlighting investor concerns over fundamentals, competition, and Musk's political ties.

Musk’s political ties and SEC probe add pressure as Tesla stock plunges

- December 19, 2024
Tesla's shares plummeted by 8%, marking the steepest decline in months, after experiencing explosive growth since the presidential election. Despite the recent pullback, the company closed at $440.13, up 75%...
The Federal Reserve took another step toward easing monetary policy by cutting its benchmark federal funds rate by 0.25 percentage points

Fed eases rates again but signals slower path ahead

- December 18, 2024
The Federal Reserve took another step toward easing monetary policy by cutting its benchmark federal funds rate by 0.25 percentage points to a range of 4.25%-4.5%, marking a two-year low....
The U.S. Environmental Protection Agency (EPA) has approved California's ambitious plan to end the sale of gasoline-only vehicles by 2035.

EPA approves California’s EV plan amid political pushback

- December 18, 2024
The U.S. Environmental Protection Agency (EPA) has approved California's ambitious plan to end the sale of gasoline-only vehicles by 2035. This landmark decision, made during the final weeks of the...
UAW

UAW ordered to turn over unredacted documents to independent monitor

- December 18, 2024
This week, a federal judge ordered the United Auto Workers (UAW) to relinquish unredacted documents to the union's independent monitor, Neil Barofsky, as part of an ongoing investigation into top...
Stellantis has resolved its ongoing tensions with the Italian government, signaling a renewed commitment to the country’s automotive sector

Stellantis commits to Italy with multi-billion euro investment in EV expansion

- December 18, 2024
Stellantis has resolved its ongoing tensions with the Italian government, signaling a renewed commitment to the country’s automotive sector with a significant investment. This announcement, coming just two weeks after...
Honda & Nissan are in talks to strengthen their collaboration, in response to increasing pressures from EV makers.

Nissan, Honda eye strategic merger to strengthen position in EV market

- December 18, 2024
Honda and Nissan are in talks to strengthen their collaboration, including the possibility of a full merger, in response to increasing pressures from electric vehicle (EV) makers like Tesla and...
Lucid to partner with OEMs

Lucid Motors eyes growth through strategic OEM alliances

- December 18, 2024
Although Lucid Motors is a relative newcomer to the automotive electric-making scene with less production experience than its seasoned counterparts, the company has already established itself as a leader in...
Mercedes-Benz USA is reversing part of its 2022 restructuring plan due to dealer dissatisfaction and declining sales.

Mercedes-Benz reverts to region-based dealer support after restructuring challenges

- December 17, 2024
Mercedes-Benz USA is reversing part of its 2022 restructuring plan due to dealer dissatisfaction and declining sales. The company plans to transition back to a region-based dealer support model starting in...
DOE awards $9.63B loan to BlueOval SK to build battery plants in Kentucky and Tennessee

DOE awards $9.63B loan to BlueOval SK to build battery plants in Kentucky and Tennessee

- December 17, 2024
On Monday, the U.S. Department of Energy (DOE) finalized a $9.63 billion loan to BlueOval SK, a joint venture between Ford and South Korean battery maker SK On. This loan,...
In an effort to remain competitive in the vast, growing electric vehicle (EV) market, Toyota announced it's updating its 2025 bZ4X lineup. 

Toyota 2025 bZ4X gets $6K price cut and new Nightshade edition

- December 17, 2024
In an effort to remain competitive in the vast, growing electric vehicle (EV) market, Toyota announced it's updating its 2025 bZ4X lineup.  To start, the automaker is cutting the starting price...
CBT News
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