TSLA328.5809.05%
GM87.5800.64%
F13.9800.19%
RIVN16.0000.62%
CYD47.320-1.41%
HMC31.8201.09%
TM190.0902.6%
CVNA70.8502.51%
PAG216.4100.01%
LAD375.6300.55%
AN209.230-2.1%
GPI266.470-4.35%
ABG214.320-1.67%
SAH82.440-2.45%
TSLA328.5809.05%
GM87.5800.64%
F13.9800.19%
RIVN16.0000.62%
CYD47.320-1.41%
HMC31.8201.09%
TM190.0902.6%
CVNA70.8502.51%
PAG216.4100.01%
LAD375.6300.55%
AN209.230-2.1%
GPI266.470-4.35%
ABG214.320-1.67%
SAH82.440-2.45%
TSLA328.5809.05%
GM87.5800.64%
F13.9800.19%
RIVN16.0000.62%
CYD47.320-1.41%
HMC31.8201.09%
TM190.0902.6%
CVNA70.8502.51%
PAG216.4100.01%
LAD375.6300.55%
AN209.230-2.1%
GPI266.470-4.35%
ABG214.320-1.67%
SAH82.440-2.45%

Headlines

Dealership groups continued to build on their early-year successes in the third quarter but struggled to sustain profits from 2022.

Dealer groups show resilience in Q3 despite profitability pressures

- October 27, 2023
Dealership groups across the U.S. broke multiple performance records in the third quarter, highlighting retail automotive's unanticipated resilience in the post-pandemic era. Lithia & Driveway posted a third-quarter revenue of $8.3...

Weekly roundup: October auto sales forecasts, UAW labor deals, and EV charging developments

- October 27, 2023
Earlier this week: October, U.S. car sales were projected to rise despite ongoing manufacturing challenges, according to S&P Global Mobility. Labor relations saw a significant development as Ford and the...
On the evening of October 25, Ford and the UAW announced they had reached a “historic” tentative agreement to end a 41-day strike. 

UAW and Ford tentatively reach agreement to end 41-day strike

- October 26, 2023
On the evening of October 25, Ford and the United Auto Workers (UAW) union announced they had reached a “historic” tentative agreement to end a 41-day strike targeting the automaker.  The...
New vehicle sales are expected to rise in October, despite ongoing manufacturing disruptions and economic instability.

October new vehicle sales to rise against UAW, economic headwinds

- October 26, 2023
Cox Automotive predicts that new vehicle sales will rise in October despite ongoing economic and manufacturing headwinds. According to the firm's forecast, new vehicle sales will top 1.23 million units, an...
Stellantis will purchase a 20% stake in Chinese electric vehicle maker Leapmotor, with plans to help the brand secure overseas market share.

Stellantis to invest $1.58 billion in China’s Leapmotor, plans joint venture

- October 26, 2023
Stellantis has announced a $1.58 billion investment into Chinese electric vehicle maker Leapmotor. The investment will give the manufacturing conglomerate a 20% stake in the business and two seats on the...
Although Lexus has already launched its first EV, the RZ, the Japanese brand, unveiled its promising LF-ZC concept at the Japan auto show. 

Lexus reveals next-gen LF-ZC concept, a luxury EV promising greater range

- October 26, 2023
Although Lexus has already launched its first EV, the RZ, the Japanese brand, unveiled its promising LF-ZC concept at the Japan Auto Show.  The company's chief branding officer, Simon Humphries, presented...
U.S. car sales are projected to rise in October surpassing last year's total, but analysts are still concerned about the upcoming months.

October car sales ‘stronger than they appear’ forecasts S&P Global Mobility

- October 25, 2023
Analysts at S&P Global Mobility expect U.S. car sales to rise by the end of October but have expressed concern for the automotive sector should manufacturing and economic headwinds continue...
Honda and GM announced they are abandoning their effort to collaborate on a $5 billion to create affordable electric vehicles.

Honda halts $5 billion project with GM to develop smaller EVs

- October 25, 2023
Honda and General Motors announced that they are abandoning their joint project to create affordable electric vehicles. The decision comes a year after agreeing to collaborate on a $5 billion...
California's DMV has suspended GM's permit for AV deployment and testing, alleging the company has "misrepresented" the technology's safety

California DMV suspends permits for Cruise’s self-driving robotaxis

- October 25, 2023
California's Department of Motor Vehicles (DMV) revealed it suspended General Motors’ permit for autonomous vehicle (AV) deployment and testing, alleging the company "misrepresented" the technology's safety.  The suspension follows a series...
General Motors finished Q3 ahead of expectations despite revising its guidance, earning a swift response from the United Auto Workers union.

General Motors’ Q3 report met with new United Auto Workers strike

- October 24, 2023
General Motors on Tuesday included a revised profit forecast for 2023 in its third-quarter earnings report, published hours before the United Auto Workers union announced a new strike against the...
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