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, announced that its Daihatsu division would stop shipping vehicles after an investigation into a safety scandal revealed problems.

Toyota’s Daihatsu unit halts vehicle shipments amid safety scandal

- December 20, 2023
The largest Japanese carmaker, Toyota, announced on Dec. 20, that its Daihatsu division would stop shipping any of its vehicles after an investigation into a safety scandal revealed problems with...
Tesla plans to boost pay at its Nevada Gigafactory as it looks to compete with Detroit-Three wages and fend off unionization campaigns.

Tesla boost pay in Nevada as UAW targets non-union automakers

- December 19, 2023
Tesla plans to boost pay at its Nevada Gigafactory in 2024, becoming one of the last non-unionized automakers to increase compensation in the aftermath of the United Auto Workers (UAW)...
Monthly CPO sales improved over last year in November while falling only 0.6% from October, compared to 12.8% in the used vehicle market.

CPO sales show resilience in final weeks of 2023

- December 19, 2023
Sales of certified pre-owned (CPO) vehicles increased in November on a year-over-year basis but fell just short of October's pace as the retail automotive sector contends with modest end-of-year slowdowns...
The SAE is committed to its NACS certification which is now prepared for use, which is aimed at solving several EV charging problems.

SAE’s charging standard is geared up to fix every EV charging issue

- December 19, 2023
The Society of Automotive Engineers (SAE) has successfully fulfilled its goal to obtain NACS certification by year-end, making the NACS standard fully operational. This new standard is poised to efficiently tackle...
Trevor Milton, Nikola's founder, was given a four-year prison sentence. Earlier a jury found him guilty of deceiving investors.

Judge finds Nikola founder guilty of defrauding investors, remains free on bail

- December 19, 2023
On December 18, Trevor Milton, the founder of Nikola, an electric and hydrogen-powered truck manufacturer, was given a four-year prison sentence. Earlier this year, a jury found him guilty of...
Electric vehicles sales are now projected to reach 16.7 million units in 2024, down from 17.5 million earlier this year.

Researchers slash electric vehicle sales forecasts for 2024

- December 18, 2023
While electric vehicle sales are still on track to grow in 2024, analysts have grown more cautious toward the segment following a disappointing year of unexpectedly timid demand and disillusionment...
Honda/Acura offers a program for a cost-effective way to purchase vehicles. Choose from CPO cars from 2018 to the current year.

Acura and Honda launch CPO leasing program aimed at young buyers

- December 18, 2023
With vehicle prices on the rise, affordability has become a growing concern for several buyers. To help address this issue, American Honda believes it found a solution by launching a...
NHTSA acting director, Ann Carlson, announced that she was resigning effective December 26.

NHTSA’s acting head reveals resignation amidst stricter fuel economy standards

- December 18, 2023
On December 15, the National Highway Traffic Safety Administration's (NHTSA) interim director, Ann Carlson, announced that she was resigning, effective December 26. Before her departure, she oversaw the agency's investigations...
Dealers maintained carefully balanced inventories in November as the used vehicle segment grappled with lower sales and prices.

Used vehicle market holds course in November, sales and prices weaken

- December 18, 2023
November was a predominantly stable month for the used vehicle market, even though sales volumes, pricing and inventory levels trended in unsatisfactory directions. According to Cox Automotive, dealers sold an estimated...
New vehicle supply rose 57% year-over-year over November and into December, with some automakers adjusting production rates in response.

New vehicle supply reaches two-year high in early December

- December 15, 2023
New vehicle supply has made a substantial recovery throughout 2023, culminating in December's initial inventory total of 2.56 million units, the highest levels seen since early 2021. That number represents a...
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