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

Twenty-five Republican Senators and Democratic Senator Joe Manchin are backing a bill that would nullify the EPA's new emissions standards.

Senators launch effort to block strict emissions standards

- October 19, 2023
Twenty-five Republican Senators and Democratic Sen. Joe Manchin are backing a bill that would nullify the Environmental Protection Agency's (EPA) recently pitched emissions standards. Announced earlier this year, the EPA regulations...
In Q3, Tesla struggled to maintain the momentum it had built in early summer, causing it to miss expectations on revenue and income.

Tesla earnings disappoint, raise questions for Q4

- October 19, 2023
Tesla struggled to build momentum in the third quarter, causing it to stumble on earnings and miss analyst forecasts. From July through September, the electric vehicle company generated $23.4 billion in...
The inaugural J.D. Power U.S. Robotaxi Experience Study found that consumers are uneasy about testing and using robotaxis on city streets.

New J.D. Power study reveals most consumers still uneasy about robotaxis

- October 19, 2023
The inaugural J.D. Power U.S. Robotaxi Experience Study found that consumers are uneasy about testing and using robotaxis on city streets. The study offers the first customer reviews from people...
On October 18, Ford announced that it recalled 35,000 Mustang Mach-E electric vehicles due to the potential loss of driving power. 

Ford recalls 35,000 U.S. Mustang Mach-E vehicles due to power loss defect

- October 19, 2023
On October 18, Ford announced that it recalled 35,000 Mustang Match-E electric vehicles due to high voltage battery main contactors that may overheat, resulting in a loss of driving power.  In...
General Motors has postponed production of two new electric pickups to 2025 but denies the decision is related to the UAW strike.

General Motors delays electric pickups, postpones Investor Day

- October 18, 2023
General Motors has postponed production of its Chevrolet Silverado and GMC Sierra electric pickups until 2025, one year later than originally expected. The delay will force the automaker's Orion Assembly plant...
used car market Monthly wholesale & SAAR prices decline in first half of October.

Monthly wholesale and SAAR prices decline in first half of October

- October 18, 2023
The first 15 days of October saw a 1.6% drop in wholesale used car prices from September. The midmonth Manheim Used Vehicle Value Index fell to 211.0, representing a 3.3%...
AutoNation dropped its bid to acquire the U.K.-based Pendragon, shortly after Lithia Motors' decision to raise its original offer.

AutoNation exits bidding war for UK’s Pendragon

- October 18, 2023
AutoNation on Tuesday rescinded its offer to purchase U.K.-based automotive retailer Pendragon, roughly three weeks after joining a bidding war composed of America's largest dealership groups. In late September, AutoNation submitted...
The NADA has elected Tom Castriota as its next vice chairman, indicating that he will be the organization's chairman in 2025.

NADA board names Tom Castriota its new vice chairman

- October 18, 2023
The National Automobile Dealers Association (NADA) has elected Tom Castriota as its next vice chairman, indicating that he will likely be the organization's chairman in 2025, according to Automotive News. At...
Car buyers enjoyed a more affordable new vehicle market in September in spite of rising interest rates and economic headwinds.

Affordable car prices, wage growth negate rate hikes in September

- October 17, 2023
Car buyers enjoyed a more affordable new vehicle market in September in spite of rising interest rates and economic headwinds. According to Cox Automotive's monthly report, measures of affordability improved both...
An automotive lobby group has submitted a new challenge to the National Highway Traffic Safety Administration's new fuel-efficiency proposal.

Auto lobby group warns fuel-efficiency standards would raise car prices

- October 17, 2023
The Alliance for Automotive Innovation, a lobby group representing major U.S. automakers, including the Detroit-Three, has submitted a new challenge to the National Highway Traffic Safety Administration's recommended fuel-efficiency standards. If...
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