Rivian slashes costs to drive toward profitability
Rivian, the luxury electric vehicle (EV) brand, is making significant strides in reducing production costs as it aims to turn its first profit. CEO and founder RJ Scaringe highlighted that...
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
California regulators impose maximum penalties on GM Cruise for withholding accident information
General Motors' Cruise unit has been fined the maximum penalty by the California Public Utilities Commission (CPUC) for failing to promptly provide complete information regarding an accident involving one of...
Hyundai Motor America expands Amazon retail program for more dealers
Hyundai Motor America is encouraging more dealers to join its Amazon retail program in preparation for a consumer launch later this year. The automaker's U.S. CEO, Randy Parker, has communicated...
CDK Global restoring systems after cyber incident disrupts over 15,000 retail locations
Retail technology and software provider CDK Global is actively working to restore systems used by over 15,000 retail locations across North America. The company announced on Sunday that it expects...
CDK Global responds to cyber attacks, provides dealer support
The ongoing cyber attack on CDK Global underscores the growing complexity and impact of cybersecurity threats on businesses. As part of CDK Global's ongoing response, the company has created a Dealer...
Hackers demand ransom from CDK Global amid ongoing cyberattack disruption, report says
A group claiming responsibility for hacking software company CDK Global is demanding tens of millions of dollars in ransom, according to Bloomberg. CDK is reportedly considering paying the ransom, though...
Cyberattacks cripple U.S. auto dealerships.
Cyberattacks on CDK Global, a major software provider for the automotive industry, have severely impacted auto dealerships across the U.S., making it nearly impossible for dealers to process sales.
According to...
CDK Global cyberattack disrupts auto dealerships for third day
CDK Global, a leading provider of dealership management systems and digital retailing solutions, is grappling with a significant cybersecurity crisis. The company initially shut down its systems Tuesday, June 19...
Ford, Rivian, and Toyota drive April EV registration growth in the U.S.
Electric vehicle (EV) registrations in the U.S. saw significant growth in April 2024, driven by drastic price cuts and incentives leading to over $10,000 in savings on some models. According...
Honda was accused of violating workers’ rights amid union organizing efforts
The National Labor Relations Board (NLRB) has accused Honda of violating workers' rights at its Greensburg, Indiana factory by illegally suppressing union organizing efforts. According to an NLRB spokeswoman, the...
