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

New car sales rose in December over the previous year, allowing the 2023 total sales volume to rise 11.6% from 2022.

New car sales improve in December, full-year volume hits 15.5 million

- January 3, 2024
New car sales will improve on a monthly and yearly basis, according to Cox Automotive, following a late-season demand surge in December. Based on the sales pace, Cox Automotive believes 1.36...
Articles Sales & Marketing
VinFast has signed agreements with five dealers across the U.S., marking the launch of its third-party retailer network.

VinFast follows through on franchise plans, partners with five U.S. dealers

- January 2, 2024
Vietnam-based electric vehicle manufacturer VinFast has formally entered partnerships with several U.S. dealers, marking a break from the fledgling company's initial direct-sales model. After signaling an interest in building a U.S....
Articles Headlines
Rivian has recently released the production figures for the quarter and year ending on December 31, 2023 at its Normal, Illinois, factory.

Rivian releases Q4 and full-year production figures, deliveries slip 10%

- January 2, 2024
Rivian has recently released the production figures for the quarter and year ending on December 31, 2023. According to the disclosure, the company has manufactured 17,541 vehicles at its Normal,...
Headlines Articles
Tesla released its Q4 and full-year 2023 delivery results, reaching yet another milestone by exceeding delivery of 476,000 cars in Q4.

Tesla breaks another record with Q4 production and delivery results

- January 2, 2024
Tesla released its Q4 and full-year 2023 delivery results, reaching yet another milestone. Given that the Austin-based EV manufacturer expected to deliver 1.8 million vehicles by 2023, the automaker needed...
Headlines Articles
General Motors (GM) filed a lawsuit alleging that San Francisco had unfairly taxed them $108 million over a seven-year period.

GM sues San Francisco over $108 million tax bill linked to Cruise division

- January 2, 2024
General Motors filed a lawsuit alleging that San Francisco had unfairly taxed them $108 million over a seven-year period. According to GM, San Francisco linked its tax bill to a percentage...
Headlines Articles
New electric vehicle sourcing requirements, announced in December, are now in effect, leaving many models without tax credits in 2024.

EV tax credit rules in effect, more than 20 models lose eligibility

- January 2, 2024
New domestic sourcing requirements for electric vehicle batteries are now in effect following their reveal by the Treasury Department in the fourth quarter of 2023, leaving many formerly qualified electrified...
Articles Headlines
BYD surpassed Tesla's quarterly electric vehicle sales total for the first time, marking a new phase in the two companies' competition.

BYD beats Tesla EV sales in Q4 for first time, but remains underdog

- January 2, 2024
Chinese electric vehicle maker BYD surpassed Tesla in both production and sales for the second consecutive year in 2023, as the two companies compete for market share in China's rapidly...
Articles Headlines
Tesla is now facing inquiries in Sweden and Norway over suspension failures just days after an eyebrow-raising Reuters investigative report.

Tesla faces regulator investigations over suspension failures in Norway, Sweden

- December 22, 2023
Tesla is facing a new investigation from auto regulators in Sweden and Norway, following a Reuters report alleging that the automaker covered up defects and charged customers for repairs that...
Articles Headlines
Canada has joined the U.S. in implementing a zero-emissions vehicle mandate, aiming to make all new cars emission-free by 2035.

Canada joins U.S. in setting ZEV sales mandate

- December 21, 2023
Canada has joined the U.S. in setting a zero-emission vehicle (ZEV) mandate, calling on automakers to gradually phase out internal combustion engine (ICE) models and sparking frustration and outrage from...
Articles Headlines
New vehicle sales are set to rise 13.2% from the previous year, setting dealers up to end 2023 on a high note.

New vehicle sales set to rise in December, near double-digit gains

- December 21, 2023
Dealers are set to end the year on a high note as new vehicle sales approach double-digit percentage gains in December. According to a new joint forecast from J.D. Power and...
Articles Headlines

Latest Articles

CBT News heads to Washington, D.C., to host Auto Leadership Summit
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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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Rising gas prices push shoppers toward hybrids and used vehicles
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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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