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

In an email to senior managers, published by The Information on Tuesday, Musk outlined plans to lay off hundreds of staff members.

The Information reports: Musk lays off Tesla senior executives in new round of job cuts

- April 30, 2024
Elon Musk, driven by the need to address declining sales and the rapid pace of job layoffs, has made the strategic decision to terminate two top executives from Tesla. In...
Headlines Articles
In this week's top automotive stories, AutoNation and Penske Automotive saw profits slide during the first quarter on weaker pricing.

AutoNation posts Q1 earnings, profitability slides

- April 29, 2024
AutoNation saw a slight improvement in quarterly revenue but struggled to maintain profitability due to price drops during the January-through-March period. The dealership group reported first-quarter revenues of $6.5 billion, up...
Articles Headlines
Chinese search engine Baidu and Tesla have reached a deal that will increase the odds of a FSD launch in China.

Tesla gets critical deal with China’s Baidu for FSD mapping data

- April 29, 2024
Chinese search engine Baidu and American electric vehicle maker Tesla have reached a deal that will increase the chances of a full Self-driving (FSD) launch in China. According to reports, Baidu...
Articles Headlines
The NHTSA is conducting a preliminary investigation into Ford's BlueCruise hands-free driving system over two Mach-E crashes.

NHTSA opens initial investigation into Ford BlueCruise

- April 29, 2024
The National Highway Traffic Safety Administration (NHTSA) has launched a preliminary investigation into Ford's BlueCruise driver-assistance system amidst an apparent regulatory crackdown on such platforms. The NHTSA opened its probe in...
Articles Headlines
Hyundai is adding hybrid production to its upcoming Georgia facility, initially intended for fully electric vehicles.

Hyundai to build hybrids at its Georgia electric vehicle plant

- April 26, 2024
Hyundai is adding hybrid production to its upcoming Georgia facility, initially intended for fully electric vehicles. The automaker will now build hybrid models, such as the Tucson, at the Bryan Country factory after posting...
Articles Headlines
Toyota is making additional investments into its Indiana factory as it looks to build three new electric SUVs in the U.S.

Toyota investing $1.4 billion to build 3 new electric SUVs

- April 26, 2024
Toyota is spending an extra $1.4 billion on U.S. manufacturing as it looks to ramp up its electric vehicle lineup while qualifying for tax credits.  The new investments will fund the production of...
Articles Headlines
The NHTSA is investigating Tesla's Autopilot recall to determine whether the automaker's remedies left key safety issues unaddressed.

NHTSA to investigate Tesla Autopilot recall over persistent safety issues

- April 26, 2024
The National Highway Traffic Safety Administration (NHTSA) is re-investigating Tesla's Autopilot driver-assistance system over concerns that a previous recall did not address key safety concerns. The agency previously conducted a probe over the course...
Articles Headlines
General Motors posted strong first quarter earnings this week, offsetting declines in sales with better pricing.

Automotive weekly roundup: UAW scores victory, Tesla profits plunge, Toyota breaks sales record

- April 26, 2024
Earlier this week: Workers at Volkswagen's Tennessee plant vote overwhelmingly to join the United Auto Workers union, scoring a significant victory for the labor rights movement. General Motors posts strong...
Articles Daily Automotive News
Toyota beat last year's volume by 7.3%, marking the first time in the company's history that global sales have exceeded 10 million units.

Toyota breaks annual sales record but hits roadblocks in March

- April 25, 2024
Toyota broke its all-time annual sales record during the fiscal year ended in March, sailing past previous records thanks to pent-up demand and a rapidly recovered supply chain. The Japanese automaker reported...
Articles Headlines
Ford saw Q1 revenue improve but struggled to maintain profitability as its ICE and electric divisions dragged down earnings.

Ford posts “solid” Q1 earnings despite weakening profits

- April 25, 2024
Ford posted stable earnings late Wednesday after sales rose 7% over the first quarter but struggled to maintain profitability as moderate price cuts and electric vehicle production expenses took their...
Articles Headlines

Latest Articles
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White House revises metals tariffs, Stellantis eyes Canada EVs with Leapmotor, NHTSA considers ban on faulty Chinese airbags

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Legal battles reshape car sales
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California’s War on Classic Cars Just Hit a Wall—Thanks to Jay Leno
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CBT News
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