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

Toyota chairman Akio Toyoda expects EV market share to reach a total of 30% "no matter how much progress BEVs make." Engine

Toyota faces legal action for falsifying engine emissions testing

- February 20, 2024
A Nikkei article reported on February 19 disclosed that Japan's transport ministry is preparing to take legal action against a Toyota Motor affiliate for falsifying engine emissions testing. This legal...
Barra guaranteed that the software would "exceed customers' expectations" and set GM apart from rival automakers after renovations.

GM issues second stop-to-sale order due to software issues, CEO acknowledges mistakes

- February 20, 2024
On February 19, General Motors (GM) put out a stop-sale order on all 2024 Chevrolet Colorado and GMC Canyon midsize trucks, following a December stop-sale order of 2024 Chevrolet Blazer...
Ford has offered discounts on multiple Mach-E variants shortly after Tesla's decision to slash prices for the Model Y.

Ford discounts electric Mach-E as EV competition heats up

- February 20, 2024
Ford has cut prices on last year's Mach-E lineup as it looks to boost competition with Tesla and improve upon its marginal electric vehicle market share. The automaker introduced discounts of...
Wholesale used vehicle prices declined from January as did supply, possibly signaling an unexpected surge in pre-owned demand.

Wholesale used vehicle prices dip in early February but demand rises

- February 20, 2024
Wholesale used vehicle values declined in the first two weeks of February, following similar drops in listing prices and inventory levels seen across the pre-owned market throughout January. According to Cox...
The UAW plans to strike Ford's Kentucky Truck plant as early as this week over a months-long labor contract delay.

UAW to strike Ford’s Kentucky plant over five-month contract delay

- February 19, 2024
The United Auto Workers (UAW) union says it will go on strike at Ford's Kentucky Truck Plant as early as this week if the automaker fails to sign a contract...
According to vAuto Available Inventory data from Cox Automotive, unsold used car inventory closed higher in 2023 than it did in February. 

Unsold used car inventory increases, driven by higher sales and lower prices

- February 19, 2024
According to vAuto Available Inventory data from Cox Automotive, unsold used car inventory closed higher in 2023 than it did in February.  At the beginning of February, there were 2.33 million...
The Environmental Protection Agency is planning to lower strict emission standards proposed last year, effectively slowing the EV transition.

EPA to re-evaluate tailpipe emission standards after industry pushback

- February 19, 2024
The Biden Administration is planning to relax strict tailpipe emission standards proposed by the Environmental Protection Agency (EPA) last year in an effort to slow down the U.S. automotive industry's...
Fisker, an EV startup, has signed four new dealer partners in the United States as part of a strategic shift in its business model. 

Fisker signs four U.S. dealers partners as part of strategic EV shift

- February 19, 2024
Fisker, an electric vehicle (EVs) startup, has signed four new dealer partners in the United States as part of a strategic shift in its business model.  Mills Automotive Group, Ourisman Fisker,...
On February 15, Lucid implemented its second price reduction in two months for the Air Pure sedan, now starting at an MRSP below $69,900. 

Lucid cuts Air Pure sedan prices to address buyer concerns and boost sales

- February 16, 2024
On February 15, Lucid implemented its second price reduction in two months for the Air sedan, now starting at an MRSP below $69,900.  With the release of its second all-electric model...
Cruise has lost yet another key leader as it continues to navigate the fallout of a mishandled traffic incident last October.

Cruise VP of robotaxi hardware development abruptly resigns

- February 16, 2024
Carl Jenkins, senior vice president for autonomous vehicle platforms at General Motors' Cruise robotaxi division, has resigned, marking the latest in a series of leadership withdrawals at the embattled self-driving...
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