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

Despite increasing interest rates, labor strikes, and instability in Washington, job growth in September was more robust than anticipated.

Despite economic uncertainty, September’s job growth soared by 336,000

- October 6, 2023
Despite increasing interest rates, labor strikes, and instability in Washington, job growth in September was more robust than anticipated. Which indicates that the U.S. economy remains anchored.  The Labor Department reported...
Tesla is slashing the prices of its Model 3 compact sedan and Model Y SUV in the U.S., intensifying its price war only days after the world's most valuable automaker's third-quarter deliveries fell short of market estimates.

Tesla lowers Model 3/Y prices in the U.S. to fulfill delivery target

- October 6, 2023
Tesla is slashing the prices of its Model 3 compact sedan and Model Y SUV in the U.S., intensifying its price war only days after the world's most valuable automaker's...
The U.S. Treasury Department revealed its proposed guidance for EV tax credits that consumers will be able to obtain starting January 1, 2024

U.S. Treasury Department releases new proposed guidance for EV tax credits

- October 6, 2023
The U.S. Treasury Department revealed its proposed guidance for point-of-sale discounts on electric vehicles that many consumers will be able to obtain beginning January 1, 2024. The EV tax credits saw...
This week in automotive news: Detroit's big three amp-up union talks, September car sales data, and Ford's new F-150 Lightning Flash.

Weekly roundup: UAW talks intensify, U.S. auto sales hold steady, Ford unveils F-150 Lightning Flash

- October 6, 2023
Earlier this week: The Detroit-Three and the United Auto Workers union have ramped up their contract negotiations, as reported by sources and further confirmed by Reuters. This development unfolds amid...
Talks between Detroit-Three automakers and the United Auto Workers union have accelerated since the launch of additional strikes last week.

United Auto Workers talks accelerate, GM prepares for prolonged fight

- October 5, 2023
Talks between Detroit-Three automakers and the United Auto Workers union have accelerated since last week, according to sources familiar with the matter. Reuters on Thursday reported that contract negotiations with Stellantis...
Edmunds reports that new and used car payments reached new heights over the third quarter as the industry braces for more shortages.

New and used car payments break more records in Q3

- October 5, 2023
Car payments for new and used vehicles rose to all-time highs over the third quarter, according to automotive data firm Edmunds. The economic impact of the COVID pandemic has increased the...
According to Stellantis, the manufacturer of Chrysler, Dodge, Jeep, Ram, and other vehicles saw a 1% year-over-year decline in third-quarter sales in the U.S.

Stellantis third-quarter sales down slightly in the U.S.

- October 5, 2023
According to Stellantis, the manufacturer of Chrysler, Dodge, Jeep, Ram, and other vehicles, it saw a 1% year-over-year decline in its U.S. third quarter sales. Following the second quarter, when the...
Toyota and LG Energy Solution (LGES) will work together to supply lithium-ion batteries for use in the Japanese automaker's electric vehicles produced in the United States.

Toyota and LG Energy Solution agree to battery supply deal

- October 5, 2023
Starting in 2025, Toyota and LG Energy Solution (LGES) will work together to supply lithium-ion batteries for use in the Japanese automaker's electric vehicles produced in the United States. The U.S....
Ford included additional pay increases and concessions in its latest contract proposal to the striking United Auto Workers union.

Ford submits 7th United Auto Workers contract, raises employee pay

- October 4, 2023
The United Auto Workers union received a new contract proposal from Ford on Tuesday, containing a larger wage hike than the automaker's previous submission. Employee pay has been a key point...
Car sales held steady in September, allowing third-quarter volumes to improve across import and domestic automotive brands.

GM keeps lead over Ford, Honda accelerates car sales, Toyota scores EV win

- October 4, 2023
Car sales held steady in September, boosting third-quarter volumes at major domestic and import automakers in the U.S. Japanese automakers saw solid year-over-year improvements in the U.S., especially at Honda. The...
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