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

On May 23, the United Auto Workers (UAW) has successfully expanded a buyout program for General Motors (GM) production workers.

UAW secures expanded buyout offer for GM workers

- May 24, 2024
The United Auto Workers (UAW) has successfully negotiated a significant expansion of a buyout program for General Motors (GM) production workers, union Vice President Mike Booth announced yesterday. This development...
Ford has dramatically reduced interest rates to 0% APR on the 2024 Mustang Mach-E, effective May 21, the second price reduction this month.

Ford slashes interest rates to 0% APR on 2024 Mustang Mach-E

- May 24, 2024
Ford has dramatically reduced interest rates to 0% APR on the 2024 Mustang Mach-E, effective May 21, 2024, offering the best financing deal to date on this electric vehicle (EV)...
EV sales rose by 3.8% in March, defying concerns of an "EV slowdown," while Hyundai and Ford notably saw an increase in EV registrations.

EV sales show resilience in March registrations despite Tesla’s decline

- May 24, 2024
EV sales rose by 3.8% in March, defying concerns of an "EV slowdown." Hyundai and Ford notably saw increased EV registrations, countering Tesla's 12% decline in March and a drop...
Mitsubishi announced that its product range in the U.S. has been limited. However, the company plans to implement new retail strategies.

Mitsubishi plans U.S. revival with new models and retail concepts

- May 24, 2024
Mitsubishi's product range in the U.S. has been limited, resulting in reduced consumer interest and a market share of only 0.6% last year. However, the company plans to come back...
In a significant blow to the UAW on May 17 , workers at the Mercedes-Benz plant in Alabama have voted against joining the union. Tesla Fleet Savings, Manufacturing Innovations, & AI Valuations, BMW, Jaguar, VW Tied to Import Ban Over Chinese Forced Labor.

Weekly roundup: Alabama Mercedes-Benz workers reject unionization bid, Dave Cantin Group launches inaugural AI software, OEMs linked to Chinese Forced Labor parts

- May 24, 2024
Earlier this week: In a significant blow to the UAW, workers at the Mercedes-Benz plant in Alabama have voted against joining the union. Using its new AI-powered data-mining software, Dave...
The 2024 Ford F-150 Raptor R has set new standards in performance and comfort during its recent testing in California's Mojave Desert.

2024 Ford F-150 Raptor R: setting new standards in performance and comfort

- May 23, 2024
The 2024 Ford F-150 Raptor R has set new standards in performance and comfort during its recent testing in California's Mojave Desert. Priced at $110,225 (excluding destination charge), this ultimate...
Today, Kia launched its first compact electric sports utility vehicle (SUV), the EV3, built on its Electrified-Global Modular Platform.

Kia unveils EV3 compact electric SUV with competitive pricing strategy

- May 23, 2024
Today, Kia launched its first compact electric sports utility vehicle (SUV), the EV3, built on its dedicated Electrified-Global Modular Platform (E-GMP). This move comes as the South Korean automaker aims...
Volkswagen announced on May 22 that its impressive ID.7 all-electric sedan will not be arriving in the United States anytime soon.

Volkswagen halts ID.7 electric sedan launch in the U.S. amid market shifts

- May 23, 2024
Volkswagen announced on May 22 that its impressive ID.7 all-electric sedan will not be arriving in the United States anytime soon. The decision is driven by changes in "market dynamics"...
Ford announced it had advised dealers to pause investments related to selling EVs until it completes a review of its requirements in June.

Ford halts dealer EV investments pending June review

- May 22, 2024
Yesterday, Ford announced that it had advised dealers to pause investments related to selling electric vehicles until it completes a review of its requirements in June. This decision follows a...
Stellantis CEO Carlos Tavares

Stellantis CEO warns of major battle with Chinese EV rivals in Europe

- May 22, 2024
Stellantis CEO Carlos Tavares has issued a stark warning about the looming competition with Chinese electric vehicle (EV) manufacturers in the European market, highlighting significant potential consequences for jobs and...
CBT News
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