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

New and used vehicles are selling more slowly and for less money than in 2022, noted a recent iSeeCars analyst. Used cars have fell by 33.7%

Report shows, EVs are the slowest selling section of the used vehicle market

- December 4, 2023
There's no doubt that the 2020 pandemic has caused a significant decline in vehicle pricing and sales times. On average, new and pre-owned vehicles are selling more slowly and for...
With one month left in 2023, Kia sold 722,176 vehicles, breaking its previous record for total annual U.S. sales in less than 11 months.

Kia surpasses all-time annual record with best-ever November sales

- December 4, 2023
Kia reported its best-ever November with 58,338 unit sales, up 3% from the same period last year. With one month left in 2023, Kia sold 722,176 vehicles, breaking its previous record...
At last, the Tesla Cybertruck is here. During an event, Musk bragged, "It will be the biggest product launch of anything on Earth this year."

Ending years of setbacks, Tesla finally delivers its Cybertruck for $60,990

- December 1, 2023
At last, the Tesla Cybertruck is here. The production-spec electric pickup was unveiled at a live-streamed event at Tesla's Gigafactory in Austin, Texas. During the event, Musk bragged that "It...
Biden released EV tax credit regulations restricting Chinese imports that could halt the U.S. from shifting away from fossil fuel

Biden’s new EV regulations to limit China’s role in U.S. market

- December 1, 2023
The Biden administration released electric vehicle tax credit regulations restricting Chinese imports. However, by reducing the number of vehicles that meet the $7,500 federal tax credit requirements, the regulations may...
On the retail side of things, Hyundai sold 58,027 units in Nov., marking a 3% year-over-year increase from November 2022.

Hyundai reveals November sales surge, led by Santa Fe and IONIQ 5

- December 1, 2023
Hyundai Motor America has reported its highest-ever November sales, totaling 70,079 units, marking an impressive 11% increase compared to November 2022. This achievement extends Hyundai's consecutive monthly sales growth streak...
One of the largest car dealership groups in the United States, Group 1 Automotive, has taken a significant step towards sustainability.

Group 1 Automotive installs 10,000 solar panels on dealership rooftops

- December 1, 2023
One of the largest car dealership groups in the United States, Group 1 Automotive, has taken a significant step towards sustainability by completing the installation of 10,000 solar panels across...
Dealers' EV concerns, auto retail gains, UAW campaign, Rivian leasing, and Sheehy Auto's charity— all in one article.

Weekly roundup: dealers confront Biden on EV policy, UAW expands unionization, Rivian introduces leases

- December 1, 2023
Earlier this week: Thousands of U.S. dealerships, operating as "EV Voice of the Customer," expressed concerns to President Biden about proposed emissions standards in an open letter. Nov. U.S. new-vehicle...
Ford is committed to identifying cost-cutting measures, including a $12 billion scale-back in future electric vehicle (EV) investment.

Ford reissues 2023 guidance, reveals $8.8 billion cost of labor deal

- November 30, 2023
In its latest financial update, Ford Motor Company has reissued its 2023 guidance, a month after withdrawing it due to the ongoing labor strikes and negotiations with the United Auto...
Hyundai and Kia presented its Uni Wheel." This game-changing approach to the EVs drivetrain aims to alter the design of future mobility.

Hyundai, Kia reveal ‘Uni Wheel’ drive system to revolutionize electric vehicles

- November 30, 2023
During the "Uni Wheel Tech Day" in Seoul, Korea, the Hyundai Motor Company and Kia Corporation presented their new Universal Wheel Drive System, or "Uni Wheel." This innovative approach to...
The industry's best-selling large SUVs, the Chevrolet Tahoe and Suburban, will debut with new exterior and interior designs late next year. 

Chevrolet reveals upgraded 2025 Tahoe and Suburban SUVs

- November 30, 2023
The industry's best-selling large sport utility vehicles (SUVs), the Chevrolet Tahoe and Suburban, will debut with new exterior and interior designs late next year. These updates offer additional technology enhancements...
CBT News
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.