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

Hyundai is adding hybrid production to its upcoming Georgia facility,Ā initiallyĀ intended for fully electric vehicles.

Hyundai to build hybrids at its Georgia electric vehicle plant

- April 26, 2024
Hyundai is adding hybrid production to its upcoming Georgia facility,Ā initiallyĀ intended for fully electric vehicles. The automaker will now build hybrid models, such as the Tucson, at the Bryan Country factoryĀ after posting...
Toyota is making additional investments into its Indiana factory as it looks to build three new electric SUVs in the U.S.

Toyota investing $1.4 billion to build 3 new electric SUVs

- April 26, 2024
Toyota is spending an extra $1.4 billion on U.S. manufacturingĀ as it looksĀ to ramp up its electric vehicle lineup while qualifying for tax credits.Ā  The new investments will fund the production of...
The NHTSA is investigating Tesla's Autopilot recall to determine whether the automaker's remedies left key safety issues unaddressed.

NHTSA to investigate Tesla Autopilot recall over persistent safety issues

- April 26, 2024
The National Highway Traffic Safety Administration (NHTSA) is re-investigating Tesla's Autopilot driver-assistance system over concerns that a previous recall did not addressĀ keyĀ safety concerns. The agency previously conducted a probeĀ over the course...
General Motors posted strong first quarter earnings this week, offsetting declines in sales with better pricing.

Automotive weekly roundup: UAW scores victory, Tesla profits plunge, Toyota breaks sales record

- April 26, 2024
Earlier this week: Workers at Volkswagen's Tennessee plant vote overwhelmingly to join the United Auto Workers union, scoring a significant victory for the labor rights movement. General Motors posts strong...
Toyota beat last year's volume by 7.3%, marking the first time in the company's history that global sales have exceeded 10 million units.

Toyota breaks annual sales record but hits roadblocks in March

- April 25, 2024
Toyota broke its all-time annualĀ sales record during the fiscal year ended in March, sailing past previous records thanks to pent-up demand and a rapidly recovered supply chain. The Japanese automaker reported...
Ford saw Q1 revenue improve but struggled to maintain profitability as its ICE and electric divisions dragged down earnings.

Ford posts “solid” Q1 earnings despite weakening profits

- April 25, 2024
Ford posted stable earnings late Wednesday after sales rose 7% over the first quarter but struggled to maintain profitability as moderate price cuts and electric vehicle production expenses took their...
New vehicle demand remains on track to make 2024 the best sales year since the COVID-19 pandemic, despite a small speed bump in April.

New vehicle sales set to fall in April but maintain healthy pace

- April 25, 2024
New vehicle sales are set to decline in April after a strong first quarter but will maintain a healthy pace thanks to better affordability, more inventory, and stable demand. Cox Automotive...
The UAW is confident in its ability to score another victory at Mercedes-Benz, despite concerns that union support may be lacking.

UAW sets sights on Mercedes-Benz after Volkswagen victory

- April 24, 2024
Fueled by its success at Volkswagen, the United Auto Workers (UAW) union is turning its attention to Mercedes-Benz and other non-unionized automakers as it continues its post-strike campaign to expand...
Vietnamese automaker VinFast announced on April 23 that it has formally signed contracts with a dozen new U.S. car dealerships.

VinFast expands its network by adding 12 new U.S. car dealerships

- April 24, 2024
Vietnamese automaker VinFast announced on April 23 that it has formally signed contracts with a dozen new U.S. car dealerships. The 12 new car dealers partnered with VinFast will start doing...
Tesla reported $1.13 billion in net income for the January-through-March period as the effect of slow sales and price cuts cut into profits.

Tesla profits plummet in Q1, company accelerates new product development

- April 24, 2024
Tesla reported steep declines inĀ first-quarter revenue and profit but rallied shareholders over promises of new products. The electric vehicle manufacturer reported revenue of $21.3 billion, down 9% from the first quarter...
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