NHTSA recalls over 9,000 Tesla Model X SUVs
Tesla is recalling 9,136 Model X SUVs due to a potential safety risk involving the roof trim, which could detach and increase the risk of a crash, according to the...
TSLA319.530-2.02%
GM86.940-2.22%
F13.790-0.34%
RIVN15.380-0.18%
CYD48.730-0.19%
HMC30.7300.13%
TM187.4901.6%
CVNA68.300-1.18%
PAG216.4000.64%
LAD375.7807.21%
AN211.330-4.45%
GPI270.820-6.78%
ABG215.990-3.48%
SAH84.890-1.92%
TSLA319.530-2.02%
GM86.940-2.22%
F13.790-0.34%
RIVN15.380-0.18%
CYD48.730-0.19%
HMC30.7300.13%
TM187.4901.6%
CVNA68.300-1.18%
PAG216.4000.64%
LAD375.7807.21%
AN211.330-4.45%
GPI270.820-6.78%
ABG215.990-3.48%
SAH84.890-1.92%
TSLA319.530-2.02%
GM86.940-2.22%
F13.790-0.34%
RIVN15.380-0.18%
CYD48.730-0.19%
HMC30.7300.13%
TM187.4901.6%
CVNA68.300-1.18%
PAG216.4000.64%
LAD375.7807.21%
AN211.330-4.45%
GPI270.820-6.78%
ABG215.990-3.48%
SAH84.890-1.92%
Headlines
Nominate outstanding automotive leaders for CBT News’ 40 Under 40 Awards
CBT News is in the final stages of accepting nominations for its prestigious 40 Under 40 Awards, an annual recognition program sponsored by Force Marketing. The award honors outstanding young...
GM lays off over 1,000 software and services division employees amid strategic streamlining
General Motors (GM) is laying off more than 1,000 salaried employees globally within its Software and Services division following a strategic review to streamline operations. The cuts include approximately 600...
Trump considers ending EV tax credit, praises Musk for potential cabinet role, threatens tariffs on Mexican-made cars
At a campaign event in Asheville, North Carolina, Republican presidential candidate Donald Trump stated that if elected, he might end the $7,500 tax credit for electric vehicle (EV) purchases. Trump...
Wholesale used vehicle prices rose 0.5% in early August
Wholesale used-vehicle prices have risen by 0.5% from July during the first half of August, as the Manheim Used Vehicle Value Index increased to 202.6. Despite the month-over-month growth, the...
Genesis expands U.S. presence and unveils high-performance EVs
Genesis is rapidly strengthening its luxury brand image in the U.S. by opening new stand-alone retail facilities and launching high-performance vehicles. The brand recently announced the opening of 21 new...
Rivian halts EDV production due to parts shortage amid scaling challenges
Rivian has temporarily halted production of its Electric Delivery Vans (EDVs) at its Normal, IL plant due to a parts shortage. The company confirmed the pause on August 16, citing...
DMS outage creates volatility in used vehicle market as inventory declines and prices rise
The dealer management system (DMS) outage that affected sales and inventory reporting throughout the previous month continues to create volatility in the automotive market. As of August 1, 2024, the...
ALM and Escude auto groups expand with key dealership acquisitions
In a series of significant dealership transactions, two prominent auto retailers, ALM Automotive Group and Escude Automotive Group, expanded their presence in Georgia and South Carolina by acquiring domestic and...
GM secures largest renewable energy deal to power three U.S. assembly plants
General Motors has announced its largest renewable energy purchase agreement to date, a 15-year deal with NorthStar Clean Energy. This agreement will power three of GM's assembly plants—Lansing Delta Township...
