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

Fisker has withdrawn its earnings forecast for the year shortly after reports circulated of a wave of Ocean SUV cancellations.

Fisker withdraws earnings forecast for 2024 as financial woes mount

- April 4, 2024
Fisker has withdrawn its 2024 financial forecast as it faces a regulator probe over its Ocean SUV, the latest in a series of troubles for the struggling electric vehicle brand. On...
Toyota sold 36.4% electrified cars in March 2024 and 206,850 in Q1, with notable gains in RAV4, bZ4X, and Lexus models.

Toyota reports record sales for Q1 2024, with 36.4% accounting for EVs

- April 4, 2024
In March of 2024, Toyota Motor North America (TMNA) sold 214,894 cars in the United States. This represents a 21.8% increase in both volume and daily selling rate (DSR) when...
Stellantis sales declined once more during the first quarter as it cedes market share to Detroit counterparts Ford and General Motors.

Stellantis U.S. sales drop again in Q1 after weak 2023

- April 4, 2024
Stellantis' U.S. sales continued to decline in the first quarter, causing it to bleed market share while other automakers reported strong year-over-year gains. The European car brand posted its quarterly numbers...
Ford reported a strong Q1 sales performance, increasing its market share due to its diverse range of gas, hybrid, and electric vehicles.

Ford’s diverse vehicle range and innovative features are driving strong Q1 sales

- April 4, 2024
In the first quarter (Q1), Ford had a strong sales performance and achieved growth in its market share. This growth was due to the company's diverse range of vehicles, including...
General Motors saw a slight sales decline during the most recent quarter, even as retail and truck sales grew from last year.

General Motors sales drop 1.5% on weakened fleet business

- April 3, 2024
General Motors saw a slight decline in sales over the first quarter driven by difficulties in its fleet business but retained its title as the U.S.'s best-selling automaker. The company sold...
Factory workers at Mercedes-Benz's Alabama assembly plant want to file a petition to become United Auto Workers (UAW) members soon.

Mercedes-Benz workers at Alabama plant set to file petition for UAW membership

- April 3, 2024
As early as this week, factory workers at Mercedes-Benz's Alabama assembly plant want to file a petition to become United Auto Workers (UAW) members, according to a union leader who...

Tesla faces EV competition amidst calls for a European alliance against Chinese dominance

- April 3, 2024
The competition in the electric vehicle (EV) market is on the rise. As Tesla is set to announce its first-quarter delivery data, there are growing concerns about competition from Chinese...
Tesla sales declined in the first quarter for the first time in four years, underlining the impact of cooling electric vehicle demand.

Tesla posts disappointing Q1 sales under weakening EV demand

- April 3, 2024
Tesla posted first-quarter sales on Tuesday, with disappointing forecasts and a sharp decline in deliveries that underline the impact of the electric vehicle market's demand cooldown. Analysts initially expected Tesla to...
BYD witnessed a sharp quarter-over-quarter electric vehicle sales decline amidst a slowdown in demand and an economic downturn in China.

BYD EV sales plummet in Q1 as hybrids surge

- April 2, 2024
China-based automaker BYD has reported a significant drop in electric vehicle sales after aggressive price cuts drove record-high volumes in the previous quarter. On Monday, the company reported sales of 300,114...
New vehicle sales are projected to increase over the first quarter, as lower prices and more incentives attract deal-starved buyers.

First quarter new vehicle sales set to rise despite slower March

- April 2, 2024
Analysts project new vehicle sales will rise in the first quarter despite a demand cooldown observed in March, as echoes from the post-pandemic boom continue to be felt throughout the...
CBT News
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.