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

The U.S. Trade Association warns American Automakers of a threat posed by low-cost imports of Chinese vehicles from Mexico.

Alarm bells ring over Chinese vehicle imports from Mexico

- February 26, 2024
The Alliance for American Manufacturing has expressed concerns in a recent report regarding the threat posed by low-cost imports of Chinese vehicles from Mexico to the survival of American automakers....
BYD claims its upcoming $233,000 U9 luxury electric supercar can reach top speeds of 192 miles per hour, outpacing select Ferrari models.

New BYD luxury electric ‘supercar’ to rival Ferrari

- February 26, 2024
China-based car manufacturer BYD has revealed new details and a launch timeline for its new premium electric "supercar," the U9, which it claims can compete with luxury sports models from...
New vehicle sales are set to increase from last February under rising incentive spend and inventory levels and lower transaction prices.

Vehicle sales on track to rise in February as supply jumps 44.7%

- February 23, 2024
New vehicle sales are predicted to rise in February, thanks to a combination of lower prices and better availability. A joint forecast from J.D. Power and GlobalData sees new vehicle sales...
A new KPA survey has uncovered a discrepancy in how buyers feel about dealer transparency and how transparent the sales process really is.

New research highlights impact of dishonesty in the auto sales process

- February 23, 2024
New research has identified a discrepancy in the rate at which customers experience dishonest practices during the car sales process and the percentage of customers who fear their dealer will...
Waymo is encountering resistance in its efforts to bring its round-the-clock robotaxi service to other regions of California.

Waymo faces resistance in expanding robotaxi services in California

- February 23, 2024
Waymo, Google's self-driving car startup, is encountering resistance in its efforts to bring its round-the-clock robotaxi service to other regions of California. Several of these instances have fueled public authorities'...
Carvana, a used vehicle reseller, announced its first-ever yearly profit on February 22. This was due to an agreement with bondholders.

Carvana reports first-ever annual profit, reduces debt by $1 billion

- February 23, 2024
Carvana, a used vehicle reseller, announced its first-ever yearly profit on February 22. This was due to an agreement with bondholders to reduce the company's outstanding debt by $1 billion,...
Ford dodges UAW strike, used car prices fall, EV startups report Q4 earnings, Fisker expands dealer network, and Cruise shakes things up.

Weekly roundup: Ford averts UAW strike, Fisker expands dealer network, Cruise leadership shakeup

- February 23, 2024
Earlier this week: Ford narrowly averted a UAW strike at its Kentucky Truck Plant by reaching a tentative agreement. A ratification vote is pending for the facility's 9,000 employees. Meanwhile,...
The UAW is committing $40 million to fuel its unionization efforts across multiple automaker facilities in the U.S.

UAW to spend $40 million on unionization campaign over next 2 years

- February 22, 2024
The United Auto Workers (UAW) union is now committed to spending $40 million on its labor organization campaign, which is currently underway at non-union automaker facilities across the U.S. The UAW...
Electric vehicle brands Lucid, Rivian, and VinFast posted financial results this week that underscored the market's current struggles.

Electric vehicle startups post mixed Q4 earnings results

- February 22, 2024
Three electric vehicle startups, Lucid, Rivian, and VinFast, posted their fourth-quarter results this week amidst a backdrop of souring forecasts on the battery-powered car segment, fueled by lower-than-expected sales and...
In a recent study by Recurrent, it suggests that range anxiety is not a significant problem for the average daily driver.

New study debunks range anxiety myth for EVs

- February 22, 2024
Since introducing electric vehicles (EVs) to the automotive sector, several consumers have lingered around the prevalent issue of range anxiety. Range anxiety refers to the fear that an electric car will...
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