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

General Motors saw a slight sales decline during the most recent quarter, even as retail and truck sales grew from last year.

General Motors sales drop 1.5% on weakened fleet business

- April 3, 2024
General Motors saw a slight decline in sales over the first quarter driven by difficulties in its fleet business but retained its title as the U.S.'s best-selling automaker. The company sold...
Articles Headlines
Factory workers at Mercedes-Benz's Alabama assembly plant want to file a petition to become United Auto Workers (UAW) members soon.

Mercedes-Benz workers at Alabama plant set to file petition for UAW membership

- April 3, 2024
As early as this week, factory workers at Mercedes-Benz's Alabama assembly plant want to file a petition to become United Auto Workers (UAW) members, according to a union leader who...
Headlines Articles

Tesla faces EV competition amidst calls for a European alliance against Chinese dominance

- April 3, 2024
The competition in the electric vehicle (EV) market is on the rise. As Tesla is set to announce its first-quarter delivery data, there are growing concerns about competition from Chinese...
Headlines Articles
Tesla sales declined in the first quarter for the first time in four years, underlining the impact of cooling electric vehicle demand.

Tesla posts disappointing Q1 sales under weakening EV demand

- April 3, 2024
Tesla posted first-quarter sales on Tuesday, with disappointing forecasts and a sharp decline in deliveries that underline the impact of the electric vehicle market's demand cooldown. Analysts initially expected Tesla to...
Articles Headlines
BYD witnessed a sharp quarter-over-quarter electric vehicle sales decline amidst a slowdown in demand and an economic downturn in China.

BYD EV sales plummet in Q1 as hybrids surge

- April 2, 2024
China-based automaker BYD has reported a significant drop in electric vehicle sales after aggressive price cuts drove record-high volumes in the previous quarter. On Monday, the company reported sales of 300,114...
Articles Headlines
New vehicle sales are projected to increase over the first quarter, as lower prices and more incentives attract deal-starved buyers.

First quarter new vehicle sales set to rise despite slower March

- April 2, 2024
Analysts project new vehicle sales will rise in the first quarter despite a demand cooldown observed in March, as echoes from the post-pandemic boom continue to be felt throughout the...
Articles Headlines
Five Nissan dealerships in NY allegedly overcharged 1,138 customers who leased vehicles, says NY Attorney General's office.

Five NY Nissan dealerships set to pay $1.9 million in penalties

- April 2, 2024
Five Nissan dealerships in New York face repercussions after the New York Attorney General's office discovered these dealerships allegedly overcharged 1,138 customers who initially leased vehicles. After customers complained, authorities conducted...
Headlines Articles
Chinese automaker SAIC is planning to lay off thousands of workers at its General Motors and Volkswagen joint ventures, according to Reuters.

China’s SAIC allegedly plans layoffs at GM, VW joint ventures after sales fall

- April 1, 2024
State-owned Chinese automaker SAIC Motors may be planning to lay off a significant portion of its General Motors and Volkswagen joint-venture staff, in addition to employees at one of its...
Articles Headlines
GM is facing a second lawsuit for collecting driver data without their consent and sharing it with outside parties, increasing insurance rates

GM faces new lawsuit for collecting driver data without consent

- April 1, 2024
General Motors (GM) is facing a second lawsuit for collecting driver data without their consent and sharing it with outside parties, increasing insurance rates. The lawsuit was filed on March 28...
Headlines Articles
Nissan & Mitsubishi team up to catch up in the EV market as both automakers plan to produce an electric pickup in Mexico.

Nissan, Mitsubishi partner to produce electric pickup trucks for U.S. market

- April 1, 2024
Japanese automakers Nissan and Mitsubishi are partnering to catch up to the U.S. market as it shifts towards electric vehicles. The companies have agreed to exchange electrification technology, with Mitsubishi...
Articles Headlines

Latest Articles

CBT News heads to Washington, D.C., to host Auto Leadership Summit
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TrueCar says it will now include mandatory dealer fees in advertised vehicle prices, exceeding FTC standards.
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Elon Musk predicts self-driving domination within a decade as Tesla, Waymo face new recalls
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S&P Global Mobility opens FeeSync to entire automotive industry at no cost, establishing first-of-its-kind dealer fee transparency infrastructure
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EV fee bill sparks backlash, Stellantis outlines U.S. turnaround, Nissan boosts retail share
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House bill targeting EV and PHEV owners sparks environmental backlash
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Stellantis CEO Antonio Filosa to unveil turnaround strategy focused on U.S. recovery
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Nissan says dealer-focused strategy
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Nissan says dealer-focused strategy boosted retail market share

Rising gas prices push shoppers toward hybrids and used vehicles
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Rising gas prices push shoppers toward hybrids and used vehicles

Cox Automotive's Derek Hansen talks about how AI is reshaping used-vehicle sales and sourcing as inventory hits historic lows.
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How AI is reshaping used-vehicle sales and sourcing as inventory hits historic lows

CBT News
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