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

Earlier this week: UAW pres. Shawn Fain revealed union demands, Toyota's global sales rose 5.1% in the first half of 2023, and more headlines to stay on top of this week in automotive industry news.

UAW President raises concerns over Biden’s re-election chances

- July 12, 2024
United Auto Workers (UAW) President Shawn Fain met with the union's executive board late Thursday to discuss his deep concerns regarding President Joe Biden's ability to defeat Donald Trump in...
In a letter sent to over 15,000 dealerships yesterday, CEO Brian MacDonald acknowledged the challenges posed by CDK's cyberattacks.

CDK Global CEO promises financial compensation after cyberattacks

- July 12, 2024
In a letter sent to over 15,000 dealerships yesterday, CEO Brian MacDonald acknowledged the challenges posed by CDK's cyberattacks and assured dealerships of forthcoming financial relief. The letter did not...
Consumer Reports tested around 50 EVs this year, but only 14 made the final cut. The BMW IX topped the list, and only one Tesla.

BMW iX tops Consumer Reports’ best EV list, only one Tesla makes the cut

- July 12, 2024
Consumer Reports tested around 50 electric vehicles (EVs) this year, evaluating their performance, range, comfort, and quality. Of these, only 14 made the final cut, with a notable presence of...
Ben Keating Keating Automotive Group, has been hit hard by Hurricane Beryl and CDK's cyberattacks.

Keating Automotive Group grapples with Hurricane Beryl’s aftermath and cyberattack disruptions

- July 12, 2024
The 2024 hurricane season has begun with Hurricane Beryl, which has already caused significant damage and fatalities in Texas, Grenada, Venezuela, and nearby areas. Beryl set records as the earliest...
The Biden administration has announced plans to award nearly $1.1 billion in grants to GM and Stellantis to convert existing EV plants.

Biden administration awards $1.1 Billion to GM and Stellantis for EV plant conversions

- July 11, 2024
The Biden administration has announced plans to award nearly $1.1 billion in grants to General Motors (GM) and Stellantis to convert existing plants for electric vehicle and component production. This...
Toyota has invested in Ionna, a company committed to installing "at least 30,000 charging ports" across North America by 2030.

Toyota invests in Ionna to expand EV charging network across North America

- July 11, 2024
Toyota has joined forces with seven other automakers to invest in Ionna, a company committed to installing "at least 30,000 charging ports" across North America by 2030. This move aligns...
The NHTSA has issued a recall for certain models of the Lucid Air electric sedan manufactured between 2022 and 2024.

Lucid Air sedan faces a recall for safety issues

- July 11, 2024
The National Highway Traffic Safety Administration (NHTSA) has issued a recall for certain models of the Lucid Air electric sedan manufactured between 2022 and 2024 due to significant safety concerns....
IBAT has made a significant breakthrough in the clean-energy transition by being the first company to produce lithium commercially

IBAT achieves milestone in lithium production with novel filtration technology

- July 11, 2024
According to an exclusive Reuters report, International Battery Metals (IBAT) has made a significant breakthrough in the clean-energy transition by becoming the first company to produce lithium commercially using a...
emission

Ohio Joins Oil Companies in Supreme Court Challenge Against California’s Emission Limits

- July 10, 2024
In a major legal challenge, the state of Ohio, alongside major oil companies and business groups, is challenging California’s authority to set stricter greenhouse gas emissions standards for vehicles. This...
BMW recall

BMW Recalls Over 390,000 Older Vehicles in the U.S. Due to Faulty Takata Airbags

- July 10, 2024
German automaker BMW is recalling more than 390,000 vehicles in the United States due to potentially deadly Takata airbag inflators. The recall affects 2006-2012 BMW 3 Series Sedans and Sportswagons...
CBT News
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