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

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...
Headlines Articles
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...
Articles Headlines
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...
Articles Daily Automotive News
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...
Articles Headlines
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...
Articles Headlines
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...
Headlines Articles
Purchasing a new vehicle became easier in July, according to Cox Automotive, as the post-pandemic car market continue to normalize.

New vehicle affordability improves in July as monthly payments fall

- August 16, 2023
Purchasing a new vehicle became easier in July, according to Cox Automotive, as the post-pandemic car market normalized under growing inventory and more incentives. After seeing marginal increases throughout the year,...
Articles Headlines
General Motors has revealed it's investing in a Silicon Valley firm to assist it in accelerating the development of more affordable battery chemistry for its future EVs.

GM supports EV battery startup as it focuses on inexpensive materials

- August 16, 2023
General Motors has revealed it's investing in a Silicon Valley firm to assist it in accelerating the development of more affordable battery chemistry for its future EVs. GM will lead a...
Headlines Articles
The United Auto Workers are getting ready to step up their fight to meet their demands at the negotiating table with one month left before their contracts with the Big Three expire.

United Auto Workers prepare to intensify battle for contract demands

- August 16, 2023
The United Auto Workers are getting ready to step up their fight to meet their demands at the negotiating table with one month left before their contracts with the Big...
Headlines Articles
Electric vehicle adoption could be stymied by a lack of charging infrastructure and low customer satisfaction scores.

New study says low charging satisfaction could limit electric vehicle adoption

- August 16, 2023
Electric vehicle adoption could be stymied by a lack of charging infrastructure and low customer satisfaction scores, according to a new study by J.D. Power. In the company's Electric Vehicle Experience...
Articles Headlines

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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EV fee bill sparks backlash, Stellantis outlines U.S. turnaround, Nissan boosts retail share

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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Stellantis CEO Antonio Filosa to unveil turnaround strategy focused on U.S. recovery

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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