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

Lucid unveiled a new Air Pure sedan with rear-wheel drive (RWD), completing Lucids portfolio of its flagship EV and offering more trim options

Lucid unveils the RWD Air Pure variant, offering 410 miles of range

- October 9, 2023
ev Lucid unveiled a new Air Pure sedan with rear-wheel drive (RWD), starting at $77,400. The new trim completes the portfolio of Lucid’s flagship EV, which now offers several trims...
Headlines Articles
The Mack Trucks agreement was seen as a possible test of whether employees would agree to ratify a contract that fell short of high demands.

Members of UAW Mack Trucks union reject deal, join picket lines

- October 9, 2023
About 3,900 United Auto Workers members employed by Mack Trucks went on strike this morning after most members rejected a tentative agreement struck by the union and firm last week. According...
Headlines Articles
Used car prices held steady in September, allowing values to decline at a slower rate in Q3 than in Q2 of 2023.

Used car prices rise in September, balance out in Q3

- October 9, 2023
Used car prices held steady in the third quarter after dropping rapidly in the second, according to Cox Automotive's latest Manheim report. Rising values in September helped buoy used car prices...
Articles Headlines
Used-car retailer Shift Technologies announces plan to file for Chapter 11 bankruptcy following multiple years of losses.

Shift Technologies stops used-car sales, announces bankruptcy plan

- October 9, 2023
Online used-car dealer Shift Technologies is closing operations and filing for Chapter 11 bankruptcy, according to a company press release. Founded in 2014, California-based Shift Technologies sold preowned vehicles throughout the...
Articles Headlines
General Motors has agreed to include EV battery manufacturing in its latest contract offer to the United Auto Workers union.

United Auto Workers scores “transformative win” at GM, delays further strikes

- October 6, 2023
United Auto Workers president Shawn Fain took to social media on Friday afternoon to announce major updates in the union's negotiations with Detroit-Three automakers. Similar to his previous "stand up" livestream,...
Articles Headlines
Edmunds affordability Cox Automotive reports that new car supply rose to a two-year high by the start of October, despite the ongoing United Auto Workers strike.

New car supply holds steady at Detroit-Three, despite UAW strike

- October 6, 2023
New car supply improved in September, defying concerns that the ongoing United Auto Workers strike would constrain inventory before the fourth quarter. According to Cox Automotive, total new car supply rose...
Articles Headlines
Despite increasing interest rates, labor strikes, and instability in Washington, job growth in September was more robust than anticipated.

Despite economic uncertainty, September’s job growth soared by 336,000

- October 6, 2023
Despite increasing interest rates, labor strikes, and instability in Washington, job growth in September was more robust than anticipated. Which indicates that the U.S. economy remains anchored.  The Labor Department reported...
Headlines Articles
Tesla is slashing the prices of its Model 3 compact sedan and Model Y SUV in the U.S., intensifying its price war only days after the world's most valuable automaker's third-quarter deliveries fell short of market estimates.

Tesla lowers Model 3/Y prices in the U.S. to fulfill delivery target

- October 6, 2023
Tesla is slashing the prices of its Model 3 compact sedan and Model Y SUV in the U.S., intensifying its price war only days after the world's most valuable automaker's...
Headlines Articles
The U.S. Treasury Department revealed its proposed guidance for EV tax credits that consumers will be able to obtain starting January 1, 2024

U.S. Treasury Department releases new proposed guidance for EV tax credits

- October 6, 2023
The U.S. Treasury Department revealed its proposed guidance for point-of-sale discounts on electric vehicles that many consumers will be able to obtain beginning January 1, 2024. The EV tax credits saw...
Headlines Articles
This week in automotive news: Detroit's big three amp-up union talks, September car sales data, and Ford's new F-150 Lightning Flash.

Weekly roundup: UAW talks intensify, U.S. auto sales hold steady, Ford unveils F-150 Lightning Flash

- October 6, 2023
Earlier this week: The Detroit-Three and the United Auto Workers union have ramped up their contract negotiations, as reported by sources and further confirmed by Reuters. This development unfolds amid...
Daily Automotive News Articles

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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Nissan says dealer-focused strategy boosted retail market share

Rising gas prices push shoppers toward hybrids and used vehicles
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Rising gas prices push shoppers toward hybrids and used vehicles

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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