Honda reveals its Q3 profits soar in Japan and the U.S.
As supply and chip shortages continue to recover in North America, Honda's profitability demand has soared by 34% in July-September from 2022. In addition, the Tokyo-based company saw a 17%...
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
Biden attended United Auto Workers event, endorses plan to organize non-union OEMS
President Biden encouraged United Auto Workers members to expand their influence to non-unionized automakers during an appearance at a Thursday event hosted by the organization.
The President has now appeared alongside...
Polestar shifts gears: Lowers 2023 delivery goal, forecasts EV launches to trigger demand
On November 8, Swedish EV maker Polestar lowered its long-standing delivery goal for 2025 and revealed that, despite cost reductions, it will still need to raise capital to break even.
The...
Used vehicle prices reverse course after August, September gains
Wholesale used vehicle prices declined slightly in October as the market continued to fluctuate in response to the post-pandemic economy.
According to Cox Automotive's monthly report, wholesale used vehicle prices dropped 2.3%...
Nick Saban’s Dream Motor makes $700 million move to Florida
Dream Motor Group has expanded into South Florida by acquiring two Mercedes-Benz dealerships in a deal worth roughly $700 million.
Dream Motor Group is owned by University of Alabama football coach...
CarGurus report highlights disconnect in consumer behavior, OEM forecasts
Consumer behavior trends seemed to contradict narratives set by automotive industry leaders throughout October, according to a new intelligence report by CarGurus.
October presented challenges and even setbacks for many automakers,...
Rivian trims losses in Q3 and boosts production targets
EV manufacturer, Rivian reported its third-quarter results beat Wall Street expectations and offered an improved outlook, which includes an increase in its annual production target by 2,000 vehicles to 54,000...
Biden to meet UAW President as strike nears end: What this means for the industry
On November 9, President Joe Biden will meet with the head of the United Auto Workers union, Shawn Fain, in Belvidere, Illinois, where the two are scheduled to discuss plans...
General Motors faces scrutiny over Cruise autonomous van
Following a month-long incident wherein the California Department of Motor Vehicles (DMV) withdrew autonomous vehicle firm Cruise's robotaxi permits and suspended all operations, company CEO Kyle Vogt called an all-hands...
Fleet sales take first hit in 2023 during UAW strike
In a first for 2023, fleet sales dipped in October due to production halts caused by the United Auto Workers strike, according to Cox Automotive.
Fleet sales declined 10.4% from October...
