TSLA385.190-13.31%
GM92.4304.09%
F12.6700.36%
RIVN14.0600.77%
CYD21.510-0.68%
HMC35.2201.23%
TM199.4606.46%
CVNA77.5506.27%
PAG212.3000.09%
LAD315.64016.87%
AN183.4704.96%
GPI272.8107.8%
ABG208.88011.11%
SAH64.0503.37%
TSLA385.190-13.31%
GM92.4304.09%
F12.6700.36%
RIVN14.0600.77%
CYD21.510-0.68%
HMC35.2201.23%
TM199.4606.46%
CVNA77.5506.27%
PAG212.3000.09%
LAD315.64016.87%
AN183.4704.96%
GPI272.8107.8%
ABG208.88011.11%
SAH64.0503.37%
TSLA385.190-13.31%
GM92.4304.09%
F12.6700.36%
RIVN14.0600.77%
CYD21.510-0.68%
HMC35.2201.23%
TM199.4606.46%
CVNA77.5506.27%
PAG212.3000.09%
LAD315.64016.87%
AN183.4704.96%
GPI272.8107.8%
ABG208.88011.11%
SAH64.0503.37%

Headlines

In a significant blow to the UAW on May 17 , workers at the Mercedes-Benz plant in Alabama have voted against joining the union. Tesla Fleet Savings, Manufacturing Innovations, & AI Valuations, BMW, Jaguar, VW Tied to Import Ban Over Chinese Forced Labor.

Mercedes-Benz Alabama workers reject UAW unionization bid, halting momentum

- May 20, 2024
In a significant blow to the United Auto Workers (UAW), workers at the Mercedes-Benz plant in Alabama have voted against joining the union. This halts the momentum the UAW had...
As the tax refund season concluded, sales in both new and used vehicle markets slowed, contributing to the rise in inventory levels.

Used vehicle inventory rises in May as tax refund season fails to boost sales

- May 20, 2024
According to Cox Automotive's analysis of vAuto Live Market data, the inventory of used vehicles at the start of May increased compared to April. This rise comes as the expected...
The U.S. NHTSA announced that it is initiating a recall regarding roughly 51,500 VW's due to concerns about doors opening while driving.

NHTSA opens recall inquiry into 51,500 Volkswagen ID.4 EVs over door safety concerns

- May 20, 2024
The U.S. National Highway Traffic Safety Administration (NHTSA) announced today that it is initiating a recall query regarding approximately 51,500 Volkswagen America electric vehicles (EVs) due to concerns about doors...
The 2024 Tesla Model 3 Performance has seen a gradual increase in price since its launch in April, underscoring the benefit of early orders.

2024 Tesla Model 3 Performance sees price hikes, maxes out federal tax credit cap

- May 20, 2024
The 2024 Tesla Model 3 Performance has seen a gradual increase in price since its launch in April, underscoring the benefit of early orders. Currently, Tesla's U.S. website lists the...
According to Edmunds, incentives are re-emerging in the auto market, but high interest rates are diminishing their appeal to car shoppers.

High interest rates undermine new auto incentives for car shoppers

- May 17, 2024
Incentives are re-emerging in the auto market, but high interest rates are diminishing their appeal to car shoppers. According to Edmunds, the average annual percentage rate (APR) for new car...
Despite generally strong April sales the average days' supply of new vehicles increased slightly to 76 days at the start of May.

High days’ supply among certain brands pushes up industry average despite healthy April sales

- May 17, 2024
Despite generally strong sales in April, the average days' supply of new vehicles increased slightly to 76 days at the start of May from 74 days a month earlier, according...
GM, South Korea's LG Energy Solution and LG Electronics have agreed to establish a $150 million fund to compensate Chevrolet Bolt EV owners.

GM, LG settle for $150 million to compensate Chevy Bolt EV owners over defective batteries

- May 17, 2024
General Motors (GM) and South Korea's LG Energy Solution and LG Electronics have agreed to establish a $150 million fund to compensate Chevrolet Bolt EV owners affected by defective batteries....
New tariffs targeting Chinese EVs, batteries, solar cells, steel, aluminum, and medical equipment will be implemented gradually over 3 years. Bidens' admin imposed tariffs on Chinese EVs, Lotlinx's inaugural Quarterly Vincensus Report. Stay up to date with the latest industry news.

Automotive Weekly Round Up: Biden imposes tariffs on China, Mercedes-Benz Alabama plant workers vote to unionization

- May 17, 2024
Earlier this week: The Biden administration announced new tariffs targeting Chinese electric vehicles, advanced batteries, solar cells, steel, aluminum, and medical equipment. Workers at the Mercedes-Benz Alabama plant are voting on...
According to Cox Automotive estimates from vAuto Live Market View data, retail used-vehicle sales declined 7% in April compared to March.

Retail used-vehicle sales dip 7% in April, Cox automotive reports

- May 16, 2024
According to estimates from vAuto Live Market View data, retail used-vehicle sales declined 7% in April compared to March. Despite this decrease, the total retail sales volume reached 1.45 million...
Hyundai Motor Company, encompassing the Hyundai and Genesis brands, reported a global vehicle sales figure of 345,840 in April 2024.

Hyundai Motor’s global EV sales decline by 3.3% in April

- May 16, 2024
Hyundai Motor Company, encompassing the Hyundai and Genesis brands, reported a global vehicle sales figure of 345,840 in April 2024, marking a 3.3% decrease compared to the previous year.  However, South...

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