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

The National Highway Traffic Safety Administration (NHTSA) is investigating Ford Escape SUVs over complaints of doors opening unexpectedly.

NHTSA to investigate Ford Escape SUVs over door complaints

- July 11, 2023
The National Highway Traffic Safety Administration (NHTSA) is conducting an investigation into Ford Escape SUVs after receiving complaints of defective door brackets. The NHTSA notes that 118 consumers have submitted reports...
Ford has completed the first delivery of electric pickups to the U.S. Army as the military looks to transition away from ICE vehicles.

U.S. Army receives first order of electric pickups from Ford

- July 11, 2023
Ford has completed the first delivery of electric pickups to the U.S. Army as the military looks to transition away from gas-powered vehicles. The car manufacturer dropped off 25 F-150 Lightning trucks...
Auto financing became easier to access in June as lenders began to loosen restrictions placed after the sudden collapse of several banks.

Credit access increases in June as auto financing trends stabilize

- July 11, 2023
Auto financing became easier to access in June as lenders began to loosen restrictions placed after the sudden collapse of several banks. On July 10, Cox Automotive reported a slight increase...
Six individuals, including a respected dealer and his spouse, perished in a plane crash in Riverside County, California on July 8. 

Dealer Abraham Razick and wife Alma die in California plane crash

- July 11, 2023
Six individuals, including a respected dealer and his spouse, perished in a plane crash in Riverside County, California on July 8.  All six occupants of the Cessna C550 business jet that...
The National Highway Traffic Safety Administration has opened a new probe into the Kia EV6 over reports of power loss.

Power loss issue affecting Hyundai Ioniq 5 and Kia EV6 may be linked

- July 10, 2023
The National Highway Traffic Safety Administration has expanded its investigation into reports of power loss affecting Hyundai electric vehicles with a new probe into the Kia EV6. According to the regulatory...
Carvana has released its list of the best-selling used electric vehicles in 2023 as it looks to satisfy "exponentially" rising demand.

Carvana eyes growth in used electric vehicle segment, Model 3 takes crown

- July 10, 2023
Carvana has released its list of the top ten best-selling used electric vehicles for 2023 as it looks to satisfy "exponentially" rising demand for affordable battery-powered cars. By sales volume, the...
Manheim decine

Manheim caught a significant decline in wholesale pricing for used cars

- July 10, 2023
On a mix, mileage, and seasonally adjusted basis, wholesale used-vehicle prices dropped 4.2% from May to June. Manheim's Used Vehicle Value Index (MUVVI) fell to 215.1, a 10.3% decline from...
Cox fleet

Cox Auto reports fleet sales boost Q1 and Q2 auto sales

- July 10, 2023
According to an early estimate from Cox Automotive, sales into large fleets—excluding sales into dealer and manufacturer fleets—rose 44.6% year over year to 217,572 vehicles in June. "The return of fleet...
Tesla EV sales

Robust EV sales: Tesla keeps top spot, while Hyundai outperforms GM

- July 7, 2023
Legacy automakers remain committed to pushing massive growth in EV sales and production. However, their efforts to change the market have had a minimal impact. Even though EV sales have...
Referral program Tesla

Tesla rolls out referral program in an effort to boost sales

- July 7, 2023
In a plan to increase sales, Tesla is rolling out a new program allowing buyers to earn extra referral incentives.  The "Refer and Earn" program is the equivalent of $500 in...
CBT News
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