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

On March 25, CarGurus, the leading digital auto platform, published its sixth annual U.S. Consumer Insights Report amid recent market changes

CarGurus study shows shift to online car buying, decline in brand loyalty

- March 26, 2024
CarGurus has published its sixth annual U.S. Consumer Insights Report. The report reveals how consumer behavior has changed in the face of a highly competitive automotive market characterized by rising...
More than 4,000 employees at Volkswagen's Tennessee plant will vote to decide on unionization next month after a months-long UAW campaign.

Volkswagen plant to hold official unionization vote in April after UAW campaign

- March 26, 2024
Next month, roughly 4,300 employees at Volkswagen's Tennessee plant will vote to determine whether they will unionize following a months-long campaign run by the United Auto Workers (UAW) union. According to...
Jeep is returning to Moab, Utah, for the 58th annual Easter Jeep Safari, with four new eye-catching and mission-capable concept cars.

Jeep unveils 4 new concept cars at 2024 Easter Jeep Safari in Moab

- March 25, 2024
The Jeep brand is returning to Moab, Utah, for the 58th annual Easter Jeep Safari, March 23-31, 2024, with four new eye-catching and mission-capable concept cars. Mike Koval Jr., the Senior...
China's BYD has launched a new version of its Seagull EV that costs less than $10,000, presenting a challenge to U.S. car brands.

China’s BYD threatens global car makers with sub-$10,000 Seagull EV

- March 25, 2024
Chinese automaker BYD has launched a new version of its Seagull electric vehicle that costs less than $10,000, presenting a challenge to automakers that have yet to address a developing...
Nissan plans to address EV affordability with lower production costs and better profit margins while selling an additional 1 million units.

Nissan to add 1 million in sales, combat EV headwinds with cost-cutting plan

- March 25, 2024
Nissan's new "Arc" mid-term growth strategy calls for an additional 1 million units in annual sales and for cutting electric vehicle manufacturing expenses by one-third. The automaker has set ambitious timelines...
Stellantis is terminating roughly 400 salaried staff members in its engineering, technology, and software divisions in the United States.

Stellantis to layoff 400 salaried workers from tech, engineering teams

- March 25, 2024
In an effort to save expenses, Stellantis is terminating roughly 400 salaried staff members in its engineering, technology, and software divisions in the United States as the automaker faces challenging...
The number of trade-in consumers with negative equity increased in Q4 2023, underscoring the headwinds facing used vehicle buyers.

Negative equity sets new record in previous-quarter’s used vehicle market

- March 25, 2024
Negative equity in the used vehicle market grew in the final months of 2023, underscoring normalizing trends in the preowned segment. Edmunds noted high levels of trade-ins worth less than the...
Volkswagen subsidiary Cupra plans to debut a lineup of electric vehicles in the U.S., starting with the Formentor crossover.

Volkswagen to launch electric vehicle brand Cupra in U.S.

- March 22, 2024
Volkswagen's Cupra brand will make its U.S. debut by the end of the decade, according to an announcement from Wayne Griffiths, CEO of both companies. The Cupra was originally a model...
Here’s a closer look at the top automotive stories and more headlines to catch up on this week in automotive industry news.

Automotive weekly roundup: Vinfast’s EV charging network, new vehicle affordability, Biden eases fuel economy proposal

- March 22, 2024
Earlier this week: Pham Nhat Vuong, founder of VinFast, launched V-Green to develop a global EV charging network, aiming to enhance VinFast's market presence and lead in charging station density....
In March 2024, new car sales are poised to make a big leap. Analysts forecast 1,525,700 units sold, a 12.1% increase from the previous year

March sees 12.1% new car sales surge amid market adjustments

- March 22, 2024
In March 2024, new car sales are poised to make a big leap. Analysts forecast 1,525,700 units sold, a 12.1% increase from the previous year, according to the latest joint...
CBT News
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