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

J.D. Power has announced a new partnership with data analytics firm Palantir Technologies to create new artificial intelligence solutions.

J.D. Power, Palantir to partner on artificial intelligence tools for dealers, OEMs

- July 25, 2023
J.D. Power has announced a new partnership with data analytics firm Palantir Technologies to create artificial intelligence solutions for the car business. In a press release, the two companies stated that...
General Motors saw a complicated second quarter during which its profits rose significantly but with tighter margins than the year before.

General Motors raises yearly guidance, but felt profit pressures in Q2

- July 25, 2023
General Motors saw a complicated second quarter during which its profits rose significantly but with tighter margins than the year before. According to its quarterly earnings report, General Motors witnessed its...
In response to a national crime wave fueled by social media, Hyundai wants to accelerate the release of a software patch to secure its vehicles from being targeted by thieves.

Hyundai aims to expedite anti-theft software following social media-fueled crime wave

- July 25, 2023
In response to a national crime wave fueled by social media, Hyundai wants to accelerate the release of a software patch to secure its vehicles from being targeted by thieves. This...
On July 24, California-based Enevate and Korea's JR Energy Solution announced a joint venture in which they would build a U.S. battery cell electrode factory. 

The U.S. is getting a new EV battery cell electrode facility

- July 25, 2023
On July 24, California-based Enevate and Korea's JR Energy Solution announced a joint venture in which they would build a U.S. battery cell electrode factory.  Enevate and JR Energy Solutions, JR...
Tesla CEO Elon Musk has rebranded Twitter as "X," replacing the platform's iconic blue branding with a new black-and-white theme.

Tesla CEO Musk swaps out Twitter bird with ‘X’ logo after ad revenue declines

- July 24, 2023
Tesla CEO Elon Musk has formally rebranded Twitter as "X," substituting the social media platform's iconic white-and-blue bird logo on Monday with a simple black-and-white design featuring the titular letter. The...
Jeep-maker Stellantis and South Korean tech manufacturer Samsung SDI have confirmed plans to build a new electric vehicle battery plant.

Stellantis and SDI agree to build second electric vehicle battery plant

- July 24, 2023
Jeep-maker Stellantis and South Korean tech manufacturer Samsung SDI have confirmed plans to build a new electric vehicle battery plant, slated to launch in 2027. The facility is the second project...
Tesla financing

Tesla now offers a 7-year financing term for all vehicle models

- July 24, 2023
Tesla is producing vehicles at an all-time rate. The EV manufacturer is starting to cling to its inventory despite its excellent delivery rates. Considering the Model 3 and Y, Tesla has kept a few cars throughout...
Property in and around Davison, Michigan, near Flint, has been severely destroyed by a string of intense hailstorms. Tennis ball-sized hail from the unexpected hailstorm destroyed local cars and damaged homes. Local dealerships stated that over 600 new vehicles were damaged, and the local police force is down to only two operational patrol vehicles.

Tennis ball-sized hail destroys over 600 brand-new vehicles at Michigan dealerships

- July 24, 2023
Property in and around Davison, Michigan, near Flint, has been severely destroyed by a string of intense hailstorms. Tennis ball-sized hail from the unexpected hailstorm destroyed local cars and damaged...
AutoNation strengthened its position over the second quarter, beating analyst revenue forecasts thanks to higher earnings and new car sales.

AutoNation beats forecast, maintains revenue in Q2 despite sluggish sales

- July 21, 2023
AutoNation strengthened its position over the second quarter, beating analyst revenue forecasts thanks to higher earnings from after-sales services and increasing demand for new vehicles. Analysts had expected AutoNation to announce...
The automotive business has been significantly impacted by artificial intelligence. According to Future Market Insights, sales of driverless vehicles are expected to reach $70 billion by 2033. However, AI-powered self-driving cars are not the only change; the manufacture of cars is already incorporating AI technology.  

CNBC report: BMW uses AI to expedite vehicle assembly

- July 21, 2023
The automotive business has been significantly impacted by artificial intelligence. According to Future Market Insights, sales of driverless vehicles are expected to reach $70 billion by 2033. However, AI-powered self-driving...
CBT News
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