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

U.S. car sales are projected to rise in October surpassing last year's total, but analysts are still concerned about the upcoming months.

October car sales ‘stronger than they appear’ forecasts S&P Global Mobility

- October 25, 2023
Analysts at S&P Global Mobility expect U.S. car sales to rise by the end of October but have expressed concern for the automotive sector should manufacturing and economic headwinds continue...
Articles Forecasts & Research
Honda and GM announced they are abandoning their effort to collaborate on a $5 billion to create affordable electric vehicles.

Honda halts $5 billion project with GM to develop smaller EVs

- October 25, 2023
Honda and General Motors announced that they are abandoning their joint project to create affordable electric vehicles. The decision comes a year after agreeing to collaborate on a $5 billion...
Headlines Articles
California's DMV has suspended GM's permit for AV deployment and testing, alleging the company has "misrepresented" the technology's safety

California DMV suspends permits for Cruise’s self-driving robotaxis

- October 25, 2023
California's Department of Motor Vehicles (DMV) revealed it suspended General Motors’ permit for autonomous vehicle (AV) deployment and testing, alleging the company "misrepresented" the technology's safety.  The suspension follows a series...
Headlines Articles
General Motors finished Q3 ahead of expectations despite revising its guidance, earning a swift response from the United Auto Workers union.

General Motors’ Q3 report met with new United Auto Workers strike

- October 24, 2023
General Motors on Tuesday included a revised profit forecast for 2023 in its third-quarter earnings report, published hours before the United Auto Workers union announced a new strike against the...
Articles Headlines
Over the past 11 months, used and electric vehicle affordability improved following years of sharp price increases, according to iSeeCars.com

Rising new vehicle costs drive the demand for used and EV affordability

- October 24, 2023
Over the past 11 months, used and electric vehicle affordability improved following years of sharp price increases, according to iSeeCars.com. While used vehicle costs declined by 5.4% and household income...
Headlines Articles
Toranto-based Li-Cycle dropped almost 50% following the company pausing to build a first-of-its-kind lithium-ion battery recycling plant. 

Biden-backed battery recycler halts construction on new plant

- October 24, 2023
The share price of Toronto-based Li-Cycle Holdings Corp., which is expected to receive support from the Biden administration, dropped almost 50% when the company said it would pause building a...
Headlines Articles
Hudson Automotive Group has signed an agreement to purchase five storefronts from Vic Bailey Automotive of Spartanburg.

Hudson Automotive Group to acquire Vic Bailey Automotive of Spartanburg

- October 24, 2023
Hudson Automotive Group is set to acquire South Carolina dealership group Vic Bailey Automotive. According to a Monday press release, the two businesses have already signed an agreement, with a purchase...
Articles Daily Automotive News
The UAW president informed members that the union would carry out its strike to demand even better deals despite offering record contracts. 

UAW extends strike to Stellantis Ram plant—Shawn Fain: ‘There’s more to be won’

- October 23, 2023
The United Auto Workers (UAW) President Shawn Fain informed members that the union would continue its strike, demanding even better deals despite the Detroit-Three automakers offering record contracts.  On October 20,...
Headlines Articles
Fixed operations activity and revenue both declined in September, according to a Cox Automotive analysis of Xtime Metrics.

Fixed operations earnings, activity see declines in September

- October 23, 2023
Fixed operations were less busy and less profitable in September, a sudden departure from form in what has otherwise been a triumphant year for the service department. According to Cox Automotive's...
Articles Headlines
The U.S. DOJ has issued subpoenas to Tesla as part of the EV maker's ongoing investigation into its autopilot technology, and other claims. 

DOJ issues subpoena to Tesla for ongoing Autopilot investigations

- October 23, 2023
The U.S. Department of Justice (DOJ) has issued subpoenas to Tesla as part of the EV maker's ongoing investigation into its driving range, autopilot technology, and performance claims.  In August, the...
Articles Headlines

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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Rising gas prices push shoppers toward hybrids and used vehicles
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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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