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

inflation

March inflation increases 0.3%, in spite of interest rate hikes, bank failures

- April 28, 2023
Newly released economic data suggests that inflation increased in March, as predicted by market analysts. The core personal consumption expenditures (PCE) price index captured a 0.3% rise in the costs of...
Articles Headlines
Despite robust auto sales, new-vehicle supply closed March at its highest level in two years, but not be enough to bring prices down.

April U.S. auto sales poised to rise on improving inventory levels

- April 28, 2023
According to a joint auto sales forecast from J.D. Power and LMC Automotive, total new-vehicle sales, including retail and non-retail transactions, are expected to hit 1,316,500 units in April, representing...
Headlines Articles
Stellantis

Stellantis will steer clear of Tesla-led EV price war says CEO

- April 28, 2023
Tesla's recent and drastic price cuts on its electric cars in various markets have shaken the global auto industry. However, automaker Stellantis has remained steadfast in its EV strategy and...
Articles Headlines
The move comes as GM invests approximately $390 million into the Fairfax facility to facilitate the production of the new Chevrolet Bolt EV.

Weekly roundup: Say good-bye to the Chevy Bolt EV, Tesla shareholders unhappy with Musk, California reaches EV milestone

- April 28, 2023
Earlier this week: Production will end for Chevrolet's most affordable EV, the Chevy Bolt; the International Energy Agency (IEA) released its Global EV Outlook for 2023, California reached its ambitious EV...
Articles Daily Automotive News
Toyota production target engine

Toyota crosses reduced production target, but stays quiet on new guidance

- April 27, 2023
Toyota passed its fiscal-year production target of 9.1 million vehicles in March, but spoke cautiously on the year ahead. On April 27, The automaker revealed it had beaten its goal by...
Articles Headlines
software protocol

GM develops new open-source software protocol, urges rivals to use it

- April 27, 2023
General Motors has announced a new open-source software protocol to increase software development and improve customer experiences in connected vehicles. GM’s protocol is a “starting point” for other automakers and developers.  The...
Headlines Articles
Tesla price cuts

Tesla’s growing inventory at odds with recent price cuts

- April 27, 2023
Tesla's inventory in the U.S. has reached a new high, indicating that recent price cuts from the EV maker might not be doing enough to spur demand.  In recent weeks, Tesla...
Headlines Articles
Group 1 Automotive

Group 1 Automotive beats Q1 revenue forecast, but sees net income decline

- April 27, 2023
Group 1 Automotive reported a revenue of $4.13 billion for the first quarter, beating forecasts and setting a new record for the period. A Zacks Consensus Estimate had predicted the international...
Articles Headlines
Stellantis is offering buyouts to U.S. salaried employees to cut costs after a significant drop in net income during the years first half

Stellantis offers 3,500 employee buyouts to make way for EVs

- April 26, 2023
Stellantis is looking to reduce its hourly workforce by as many as 3,500 employees through buyouts.  Last week, Shawn Fain, the recently elected president of the UAW, and Stellantis spoke about...
Headlines Articles
Penske Automotive CEO

Penske Automotive reveals record revenue and sliding profits in Q1

- April 26, 2023
Penske Automotive published its first-quarter performance numbers on Wednesday April 26, revealing some disquieting financial results on top of record-breaking revenue. According to the dealership group's report, quarterly revenue grew 5.2%...
Articles Headlines

Latest Articles
Latest Articles 04/03/26

White House revises metals tariffs, Stellantis eyes Canada EVs with Leapmotor, NHTSA considers ban on faulty Chinese airbags

Ed Morse Automotive Group acquires Porsche Des Moines in Iowa
Latest Articles 04/03/26

Ed Morse Automotive Group acquires Porsche Des Moines in Iowa

GM to invest more than $150 million in Saginaw Metal Casting Plant
Latest Articles 04/03/26

GM to invest more than $150 million in Saginaw Metal Casting Plant

White House revises metals tariffs, shifts calculation method
Latest Articles 04/03/26

White House revises metals tariffs, shifts calculation method

Stellantis explores EV production in Canada with China’s Leapmotor
Latest Articles 04/03/26

Stellantis explores EV production in Canada with China’s Leapmotor

NHTSA weighs U.S. ban on defective Chinese airbag components
Latest Articles 04/03/26

NHTSA weighs U.S. ban on defective Chinese airbag components

Toyota bets on EV rebound with seven-model U.S. lineup
Latest Articles 04/03/26

Toyota bets on EV rebound with seven-model U.S. lineup

Affordability takes center stage at the 2026 NY Auto Show
Latest Articles 04/03/26

Affordability takes center stage at the 2026 NY Auto Show

Legal battles reshape car sales
Latest Articles 04/03/26

Legal battles reshape car sales

California’s War on Classic Cars Just Hit a Wall—Thanks to Jay Leno
Latest Articles 04/03/26

California’s war on classic cars just hit a wall– Thanks to Jay Leno

CBT News
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