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

Fisker raised and lowered prices on various models as electric vehicle manufacturers adapt to changing market dynamics.

Fisker adjust prices as electric vehicle segment faces demand cool down

- October 23, 2023
Electric vehicle maker Fisker today adjusted prices across its lineup several weeks ahead of the release of its third-quarter report. Prices for some models increased while others decreased. The more expensive...
Pennsylvania-based Stewart companies will sell Apple Automotive to Ciocca Dealership in Southern Pennsylvania, according to Automotive News. 

Ciocca Dealerships is set to acquire Apple Automotive early next year

- October 20, 2023
In the first quarter of 2024, Pennsylvania-based Stewart Companies will sell Apple Automotive, which is comprised of 10 dealerships, to Ciocca Dealerships in Southern Pennsylvania, according to a new release.  CEO...
Toyota and Lexus have reached a deal with Tesla to make NACS-compatible models, expanding electric vehicle charging accessibility.

Toyota and Lexus to adopt Tesla’s EV charging standard by 2025

- October 20, 2023
Toyota and its subsidiary Lexus have signed a deal with Tesla to adopt the North American Charging Standard (NACS), joining a growing list of major automakers taking action to improve...
United Auto Workers members at Alabama's ZF factory reached a deal with company executives on Wednesday, ending a 29-day strike.

United Auto Workers members end strike at ZF plant

- October 20, 2023
United Auto Workers members at Alabama's ZF factory reached a deal with company executives on Wednesday, ending a 29-day strike. On September 20, roughly 190 unionized employees rejected a contract offer...
Electric vehicle brands Lucid, Rivian, and VinFast posted financial results this week that underscored the market's current struggles.

VinFast and Yorkville reach $1 billion share deal

- October 20, 2023
In an attempt to finance its international market expansion, American fund Yorkville Advisors has agreed to a share subscription pact of up to $1 billion with Vietnamese EV maker VinFast. VinFast...
Explore this week's automotive industry news: enhanced new car affordability, EV sales surge, industry layoffs, and EPA emissions.

Weekly roundup: New car affordability, EV growth, and layoffs amid UAW actions

- October 20, 2023
Earlier this week: Car buyers experienced improved affordability for new vehicles despite rising interest rates, with Cox Automotive reporting a decline to 42.2 weeks of income as the cost for...
Twenty-five Republican Senators and Democratic Senator Joe Manchin are backing a bill that would nullify the EPA's new emissions standards.

Senators launch effort to block strict emissions standards

- October 19, 2023
Twenty-five Republican Senators and Democratic Sen. Joe Manchin are backing a bill that would nullify the Environmental Protection Agency's (EPA) recently pitched emissions standards. Announced earlier this year, the EPA regulations...
In Q3, Tesla struggled to maintain the momentum it had built in early summer, causing it to miss expectations on revenue and income.

Tesla earnings disappoint, raise questions for Q4

- October 19, 2023
Tesla struggled to build momentum in the third quarter, causing it to stumble on earnings and miss analyst forecasts. From July through September, the electric vehicle company generated $23.4 billion in...
The inaugural J.D. Power U.S. Robotaxi Experience Study found that consumers are uneasy about testing and using robotaxis on city streets.

New J.D. Power study reveals most consumers still uneasy about robotaxis

- October 19, 2023
The inaugural J.D. Power U.S. Robotaxi Experience Study found that consumers are uneasy about testing and using robotaxis on city streets. The study offers the first customer reviews from people...
On October 18, Ford announced that it recalled 35,000 Mustang Mach-E electric vehicles due to the potential loss of driving power. 

Ford recalls 35,000 U.S. Mustang Mach-E vehicles due to power loss defect

- October 19, 2023
On October 18, Ford announced that it recalled 35,000 Mustang Match-E electric vehicles due to high voltage battery main contactors that may overheat, resulting in a loss of driving power.  In...
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