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

Weekly roundup: CDK Global makes progress following cyberattack, Tesla sees B2B quarterly decline in deliveries

- July 5, 2024
Earlier this week: CDK Global made significant strides in its cyberattack recovery efforts. Tesla posts two consecutive quarters of reduced deliveries for first time. Supreme Court decision threatens Biden’s vehicle...
EVs

Ford CEO Jim Farley Urges Shift to Smaller, Affordable EVs for Future Profitability

- July 3, 2024
At the Aspen Ideas Festival, Ford CEO Jim Farley underscored the need for the U.S. auto industry to pivot towards smaller, more affordable electric vehicles (EVs), a significant departure from...
auto sales

Modest Growth in U.S. Auto Sales for Q2 2024: Winners and Losers

- July 3, 2024
Despite a cyberattack that crippled dealers, a shifting economy, and changing consumer preferences, the U.S. auto industry experienced modest sales growth in the second quarter of 2024. An estimated 4.1 million...
A recent U.S. Supreme Court ruling limiting federal regulatory powers could hinder President Biden's initiative to reduce tailpipe emissions.

Supreme Court decision threatens Biden’s vehicle emissions cut efforts

- July 2, 2024
According to two environmental law attorneys, a recent U.S. Supreme Court ruling limiting federal regulatory powers could significantly hinder President Joe Biden's initiative to reduce tailpipe emissions from the nation’s...
CDK Global announced that its services should be fully operational by Thursday, following two cyberattacks on June 19.

CDK Global promises full restoration of services after cyberattacks

- July 2, 2024
CDK Global announced that its services should be fully operational by Thursday, following two cyberattacks on June 19. These attacks forced many dealers to revert to manual processes, severely impacting...
The UAW and BMW have reached a tentative contract agreement for workers at BMW's regional distribution center in Palmer Township, Pa.

UAW and BMW reach tentative contract agreement with wage increases and two-tier system changes

- July 2, 2024
The United Auto Workers (UAW) and BMW have reached a tentative contract agreement for workers at BMW's regional distribution center in Palmer Township, Pennsylvania. This agreement, announced on June 29,...
BYD, the Chinese EV manufacturer, set a new monthly sales record in June, surpassing its previous highest result from December 2023.

BYD sets new sales record for plug-in EVs in June

- July 2, 2024
BYD, the Chinese electric vehicle manufacturer, set a new monthly sales record in June, surpassing its previous highest result from December 2023. The company sold 340,211 passenger plug-in cars last...
General Motors (GM) is issuing another recall for certain Chevrolet Bolt EV and EUV models due to issues with diagnostic software.

Chevy issues third recall for Bolt EV and EUV diagnostic software

- July 1, 2024
General Motors (GM) is issuing another recall for certain Chevrolet Bolt EV and EUV models due to issues with diagnostic software. This recall affects specific 2020-2022 model-year vehicles where the...
Tesla is expected to see a 3.7% decline in vehicle deliveries, marking its first consecutive quarters of reduced deliveries.

Tesla faces first back-to-back quarterly decline in deliveries

- July 1, 2024
Tesla's vehicle deliveries for the June quarter are expected to decline by 3.7%, marking the first time the top EV maker posts two consecutive quarters of reduced deliveries. This drop...
Mercedes-Benz Group is preparing to introduce many new models over the next two to three years as it addresses the shortcomings.

Mercedes-Benz adjusts strategy to address challenges in the EV market

- July 1, 2024
Mercedes-Benz Group is preparing to introduce many new models over the next two to three years as it addresses the shortcomings of its first generation of battery-powered cars. The company...
CBT News
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