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

The California Department of Motor Vehicles is conducting an investigation into self-driving vehicles operated by General Motors' Cruise.

California DMV to investigate Cruise, self-driving taxis after traffic incidents

- August 21, 2023
The California Department of Motor Vehicles (DMV) is conducting an investigation into self-driving vehicles operated by Cruise, a robotaxi brand owned by General Motors. Although the DMV is examining multiple traffic...
The Ford F-150 Lightning sees more interest from buyers than any other electric pickups on the market, according to Cox Automotive.

Ford F-150 Lightning beats out Tesla Cybertruck in Cox Auto study

- August 18, 2023
The Ford F-150 Lightning sees more interest from buyers than any other electric pickups on the market, according to Cox Automotive. Ford has seen relatively high demand for the battery-powered pickup,...
Ford is gearing up for its white-collar salaried employees to walk off amid United Auto Workers, UAW, strike concerns next month.

Ford prepares white-collar workers to fulfill part orders as UAW strike looms

- August 18, 2023
Ford is gearing up for its white-collar salaried employees to walk off amid United Auto Workers, UAW, strike concerns next month, according to initial reporting from The Detroit Free Press. If...
A 10-day UAW strike could result in a loss of $5 billion, affecting nearly every sector of the automotive industry, including dealers.

UAW strike could affect dealers, cause industry losses of $5 billion

- August 18, 2023
A 10-day UAW strike (United Auto Workers) could result in a loss of $5 billion, affecting nearly every sector of the automotive industry, including dealers. The total was calculated by the...
GM is moving forward with a new strategy to simplify and lower cost of its operations by cutting and reallocating 200 engineering employees.

GM cuts engineering roles as a part of “winning with simplicity” strategy

- August 18, 2023
By cutting and reallocating around 200 engineering employees, General Motors is moving forward with a new strategy that promises to simplify and lower the cost of its operations. The corporation has...
UAW intensifies contract demands, Lordstown settles IP case for $40M, Tesla enters data realm, and more in this week's auto news.

Weekly roundup: UAW fight picks up steam, Lordstown settles with Karma Automotive

- August 18, 2023
Earlier this week: The United Auto Workers (UAW) announced they are poised to escalate their efforts in securing favorable contract terms from the Big Three automakers as their current contracts...
Bergstrom Automotive is set to acquire Broadway Automotive, a dealership group serving the Green Bay market in Wisconsin.

Bergstrom Automotive to acquire Broadway Automotive in Wisconsin

- August 17, 2023
Bergstrom Automotive is set to acquire Broadway Automotive, a dealership group serving the Green Bay market in Wisconsin. The new acquisition will give Bergstrom Automotive ownership of Broadway Chevrolet-Volkswagen, Broadway Ford-Hyundai-Genesis...
VinFast shares of the automaker climbed 68% to finish at $37.06 and were valued at $86 billion, considerably exceeding those of Ford, GM, and Stellantis.

VinFast’s market cap overtakes Ford and GM after SPAC merger

- August 17, 2023
VinFast, a Vietnamese manufacturer of EVs, made an extraordinary debut on the Nasdaq stock market on August 15. Shares of the automaker, which went public through a special purpose acquisition...
Ford has hired Apple's ex-vice president of services, Peter Stern, to lead the development of new technologies and services.

Ford taps ex-Apple exec to head software, hardware development

- August 17, 2023
Ford has hired Apple's ex-vice president of services, Peter Stern, to lead the development of new technologies and services that improve the customer experience. Stern, who announced his departure from Apple...
Stellantis is investing more than $100M into California's Controlled Thermal Resources, the latest bet on the direct lithium extraction.

Stellantis invests more than $100 million in California lithium project

- August 17, 2023
Stellantis revealed its' investing more than $100 million into California's Controlled Thermal Resources, its latest bet on the direct lithium extraction (DLE) sector amid the global hunt for new EV...
CBT News
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