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

TrueCar appointed Jantoon Reigersman as its new CEO to turn around the struggling vehicle listings company as part of a restructuring plan.

TrueCar replaces CEO, cuts 102 positions as part of restructuring plan

- June 15, 2023
On June 12, the Santa Monica, California-based business said it would eliminate 102 jobs or 24% of its workforce. TrueCar is also appointing COO Jantoon Reigersman as its new CEO...
On June 13, Lithia grew its portfolio in a significant way by announcing the purchase of 13 locations from the Priority Automotive Group.

Lithia expands footprint with acquisition of 13 Priority Automotive stores

- June 15, 2023
On June 13, Lithia and Driveway announced its plans to grow its dealership footprint with the purchase of 13 locations from the Priority Automotive Group in Virginia, which expands its...
According to the U.S. Commerce Department, sales rose 0.3% rise from April to May, driven by stronger retail sales at auto and parts dealers.

Retail sales rose 0.3% in May, beating analyst expectations

- June 15, 2023
Despite the challenges posed by persistent inflation and rising borrowing costs, Americans increased their spending at retailers in the month of May. According to the latest U.S. Commerce Department report released...
A study published on Tuesday, June 13, by AAA found sizable differences in an electric vehicle's driving range based on cargo weights.

AAA study finds EV driving range limited by heavy cargo

- June 14, 2023
A study published on Tuesday, June 13, by the American Automobile Association (AAA) found sizable differences in an electric vehicle's driving range based on cargo weights. Using a 2022 Ford F-150 Lightning, AAA researchers loaded...
Toyota shareholders

Shareholders reject a resolution calling for greater disclosure of Toyota’s climate lobbying

- June 14, 2023
On June 14, Toyota shareholders rejected a resolution urging greater disclosure of its climate lobbying, voting down the first investor proposal before the automaker's annual general meeting in almost two...
NACS connector Tesla's

Several companies favor Tesla’s NACS connector, but Stellantis isn’t ready

- June 14, 2023
Following the announcement that both Ford and GM will adopt Tesla’s NACS connector in future electric vehicles in North America has sent gaining support from other companies, primarily charging stations,...
Florida Governor Ron DeSantis signed off on a bill prohibiting car manufacturers from using direct-sales models.

DeSantis approves bill partially banning direct-to-consumer car sales in Florida

- June 14, 2023
Florida Governor and Republican presidential candidate Ron DeSantis has signed off on a bill prohibiting car manufacturers from using direct-sales models in the state. DeSantis signed the law, along with several others, on Tuesday, June...
Toyota has revealed plans to heavily boost electric-vehicle development and production amidst shareholder protests over electrification.

Toyota unveils electric vehicle plans amidst shareholder outcry

- June 13, 2023
Toyota has revealed plans to heavily boost electric vehicle development and production amidst shareholder protests over its slow-moving progress on electrification. The Japanese car manufacturer published a new technology strategy on Tuesday, June...
General Motors and Samsung have agreed to build a new EV battery plant in Indiana through their joint venture formed in May.

GM and Samsung choose Indiana as site for new EV battery factory

- June 13, 2023
General Motors and Samsung SDI have agreed to build a new electric vehicle battery plant in Indiana roughly three weeks after local officials offered a generous incentives package. Construction on the $3 billion facility will...
2024 Polestar 2

2024 Polestar 2 deliveries expected in August, price starting at $51K

- June 13, 2023
Swedish EV maker, Polestar, announced its U.S. pricing and availability for the 2024 Polestar 2, which has received significant updates, including subtle tweaks, more range, new motors, enhanced performance, and...
CBT News
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