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

On Dec 11, the UAW Union filed unfair labor practice charges against Hyundai, Honda, and Volkswagen for interfering with organizing workers.

UAW files charges against Honda, Hyundai, and VW alleging unfair labor practices

- December 12, 2023
The United Auto Workers Union has filed unfair labor practice charges against Hyundai, Honda, and Volkswagen with the National Labor Relations Board. The charges accuse the automakers of unlawfully interfering...
Ford plans to cut F-150 Lightning production in half as the industry faces normalizing ICE sales and unexpectedly low EV demand.

Ford cuts F-150 Lightning production on slowing EV demand

- December 12, 2023
Ford plans to cut production of the F-150 Lightning electric pickup in response to lower-than-anticipated EV demand in the U.S. The Detroit automaker said it would reduce its annual production target...
Palmiero Toyota's Give Back Program set up an assembly line of kindness to distribute $65,125 to 48 local non-profits in Meadville, PA

Palmiero Toyota drives change by raising thousands for local nonprofits

- December 12, 2023
Palmiero Toyota, in Meadville, Pennslyvania, went the extra mile during its 14th annual Give Back Program by setting up an assembly line of kindness that distributed $65,125 to 48 local nonprofits. Every...
Auto loan access declined in November disrupting months of recovery, as lenders, consumers and dealers grappled with economic challenges.

Auto loan access hits speed bump in November after months of recovery

- December 11, 2023
Auto loan access declined in November after multiple months of improving conditions, according to Cox Automotive's Dealertrack Auto Credit Availability Index. After hitting a peak in the summer of 2022, auto...
Several car makers may produce hybrid vehicles to meet demand and comply with federal regulations on fuel economy and emissions.

Hybrid cars gain traction as automakers navigate EV transition

- December 11, 2023
Several car makers are more closely considering producing hybrid cars and trucks to meet consumers' growing demand and avoid incurring penalties from federal fuel economy and emissions regulations. Automakers are investing...
Ohio has become the first state to use funds awarded by the Biden Administration to build an electric vehicle charging station.

Ohio first state to open electric vehicle charging station with federal funds

- December 11, 2023
The first of the Biden Administration's government-funded electric vehicle charging stations has officially opened in Ohio following a two-year wait. The EV charging station opened last Friday, December 8, off I-70...
Four Nordic pension funds urged Tesla on Dec. 11 to respect their workers' collective bargaining rights in a joint letter.

Nordic pension funds push Tesla for workers’ bargaining rights

- December 11, 2023
On December 11, four Nordic pension funds jointly announced that they would send a letter to Tesla, urging the company to respect the collective bargaining rights of its workers.  Swedish mechanics...
The United Auto Workers union says that 30% of employees at Volkswagen's only U.S. plant have joined its efforts to unionize the car industry.

United Auto Workers scores initial victory at non-union Volkswagen plant

- December 8, 2023
The United Auto Workers union says 30% of Volkswagen employees at the company's Tennessee plant have joined the nationwide effort to organize labor across the automotive industry. It took only a...
Dealer optimism declined swiftly over the fourth quarter as the retail automotive community grappled with interest rates, inflation and sales.

Dealer optimism hits new lows as industry adjusts to post-pandemic economy

- December 8, 2023
Dealer optimism dropped significantly in the fourth quarter as the retail automotive sector wrestled with a normalizing car market and an oppressive economic climate. According to Cox Automotive's Q4 Dealer Sentiment...
Tesla lost a lawsuit against Sweden's postal service for refusing to send license plates to the American electric vehicle manufacturer.

Tesla union troubles escalate in Scandinavia

- December 8, 2023
On December 7, Tesla lost a lawsuit against Sweden's postal service, which refused to send license plates to the EV manufacturer. This further exacerbated Tesla's problems with labor unions in...
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