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

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...
Headlines Articles
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...
Articles Forecasts & Research
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...
Headlines Articles
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...
Headlines Articles
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...
Articles Sales & Marketing
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...
Articles Headlines
General Motors (GM) is set to lay off 1,300 workers in Michigan from early 2024 with additional layoffs occurring through March., economic

GM to layoff 1,300 workers in Michigan early next year

- December 15, 2023
Starting early next year, General Motors intends to lay off approximately 1,300 workers in Michigan due to ending production of specific vehicle models. On Dec. 14, the Detroit automaker filed a...
Headlines Articles
The NHTSA U.S. Office of Defect Investigation announced its plan to initiate a preliminary probe into over 450,000 Nissan vehicles. 

Nissan faces probe due to potential engine failures in over 450,000 vehicles

- December 15, 2023
On Dec. 15, the National Highway of Traffic Safety Administration's (NHTSA) U.S. Office of Defect Investigation (ODI) announced its plan to initiate a preliminary investigation into over 450,000 Nissan Rogue...
Headlines Articles
Jaguar Land Rover offered initial details of its upcoming Ranger Rover Electric scheduled for 2024 alongside a new promotional video.

Range Rover shares select details on upcoming electric model

- December 15, 2023
Jaguar Land Rover shared details and first images of the upcoming Range Rover Electric ahead of its scheduled release next year alongside a new promotional video earlier this week. The Range...
Articles Headlines
Automotive industry shifts and trends: New car prices fall, hybrid demand up, Asbury acquires Koons, EV sales grow, UAW actions.

Weekly roundup: New car prices fall, hybrid demand rises, Asbury acquisition, UAW labor disputes

- December 15, 2023
Earlier this week: New car prices saw a decline in November, with Tesla being the most affected. Hybrid vehicles are gaining momentum as manufacturers balance the shift to electric vehicles...
Daily Automotive News Articles

Latest Articles

CBT News heads to Washington, D.C., to host Auto Leadership Summit
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TrueCar says it will now include mandatory dealer fees in advertised vehicle prices, exceeding FTC standards.
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Elon Musk predicts self-driving domination within a decade as Tesla, Waymo face new recalls
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S&P Global Mobility opens FeeSync to entire automotive industry at no cost, establishing first-of-its-kind dealer fee transparency infrastructure
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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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Nissan says dealer-focused strategy boosted retail market share

Rising gas prices push shoppers toward hybrids and used vehicles
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Rising gas prices push shoppers toward hybrids and used vehicles

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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