TSLA324.8155.285%
GM86.535-0.405%
F13.780-0.01%
RIVN15.6650.285%
CYD46.250-2.48%
HMC31.7301%
TM189.0101.51999%
CVNA72.1803.84%
PAG216.330-0.07%
LAD374.795-0.98499%
AN210.445-0.885%
GPI267.250-3.5699%
ABG215.270-0.72%
SAH83.021-1.8692%
TSLA324.8155.285%
GM86.535-0.405%
F13.780-0.01%
RIVN15.6650.285%
CYD46.250-2.48%
HMC31.7301%
TM189.0101.51999%
CVNA72.1803.84%
PAG216.330-0.07%
LAD374.795-0.98499%
AN210.445-0.885%
GPI267.250-3.5699%
ABG215.270-0.72%
SAH83.021-1.8692%
TSLA324.8155.285%
GM86.535-0.405%
F13.780-0.01%
RIVN15.6650.285%
CYD46.250-2.48%
HMC31.7301%
TM189.0101.51999%
CVNA72.1803.84%
PAG216.330-0.07%
LAD374.795-0.98499%
AN210.445-0.885%
GPI267.250-3.5699%
ABG215.270-0.72%
SAH83.021-1.8692%

Headlines

Ford recovered from its disappointing performance in 2022 with $4.33 billion in profit, beating analyst expectations despite a late-year loss.

Ford sets ambitious financial targets for 2024, reassesses EV strategy

- February 7, 2024
Ford posted strong quarterly and full-year revenues on Tuesday, beating analyst expectations—despite reporting a net loss for the October through December period—and announcing ambitious financial targets for 2024. The automaker earned...
The American automaker GM will receive cathode materials worth up to $19 billion from South Korea's LG Chem in the upcoming years.

LG Chem, GM agree to nearly $19 billion cathode supply deal

- February 7, 2024
As part of General Motors's (GM) long-term goals to become a leader in electric vehicles, the American automaker will receive cathode materials worth up to $19 billion from South Korea's...
Toyota plans to build an electric SUV at its Kentucky plants within the next two years, even as other automakers pull back from the EV market.

Toyota to build electric SUV at Kentucky plant with $1.3 billion investment

- February 7, 2024
Toyota has announced plans to invest $1.3 billion in its Kentucky facility to build a three-row electric SUV for the U.S. market. The new investments are part of the automaker's efforts...
Cars.com has recognized the best in terms of innovation, quality, and value and has released a list of the 2024 model-year best vehicles.

Top 2024 model-year vehicles taking the industry by storm

- February 7, 2024
The year 2024 has already brought a wave of newly redesigned and innovative vehicles that have taken the automobile industry by storm. Cars.com, a leading automotive website, has recognized the...
Toyota raised its profit guidance ahead of analyst expectations after completing a successful third quarter, which saw higher hybrid sales.

Toyota raises profit forecast on strong hybrid, U.S. sales

- February 6, 2024
Toyota raised its annual earnings forecast for 2023 after besting analyst expectations in the third quarter. The Japanese automaker generated roughly $11.3 billion in operating profit for the third quarter ending...
Krause Auto Group has acquired three dealerships from Sutherlin Automotive in a landmark deal, totaling over $110 million.

Krause Auto makes ‘landmark deal’ with $110 million acquisition

- February 6, 2024
Krause Auto Group has acquired three dealerships from Sutherlin Automotive in a landmark deal. The purchase includes Sutherlin Nissan of Fort Myers, Sutherlin Genesis of Fort Myers, and Sutherlin Nissan...
Honda is recalling more than 750,000 vehicles in the U.S. over faulty weight sensors that can cause airbags to deploy at the wrong time.

Honda recalls 750,000 vehicles over airbag risk

- February 6, 2024
Honda is recalling more than 750,000 vehicles in the U.S. over defective sensors that can cause airbags to deploy when a child or small adult is in the front seat. According...
Pete Buttigieg warns drivers after a video emerged showing a man driving a Tesla Cybertruck while wearing Apple's Vision Pro headset

Transportation Secretary warns Tesla drivers against using VR headsets while driving

- February 6, 2024
U.S. Transportation Secretary Pete Buttigieg issued a warning to drivers on February 5 after a video emerged showing a man driving a Tesla Cybertruck while wearing what appeared to be...
Rita Case is this year's winner of the TIME Dealer of the Year Award for her incredible contributions to the car industry and her community.

Rita Case named TIME Dealer of the year at 2024 NADA Show

- February 5, 2024
Rita Case, dealer principal, CEO, and president of Rick Case Honda and CEO of the Rick Case Auto Group, was named the winner of the 2024 TIME Dealer of the Year...
Federal Reserve chair Jerome Powell still expects to see interest rates come down in 2024 but said the central bank still needs more time.

Fed chair Powell foresees interest rate cuts in 2024 but not until after March

- February 5, 2024
Federal Reserve Chair Jerome Powell confirmed that the economy remains on track to avoid a recession and allow for interest rate cuts later in the year during a "60 Minutes"...
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