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

Sonic Automotive, one of the largest dealership groups in the U.S., is closing eight EchoPark used-vehicle stores.

Sonic Automotive closes eight EchoPark locations to shift used-vehicle supply

- June 23, 2023
Sonic Automotive, one of the largest dealership groups in the U.S., is closing eight EchoPark used-vehicle stores in response to supply and demand pressures, as revealed in a press release...
Honda. rear camera

Honda recalls 1.2 million cars in the U.S. due to rear camera issues

- June 23, 2023
The National Highway Traffic Safety Administration reports that Honda is recalling 1.2 million vehicles in the U.S. because of cable problems that prevent the rearview camera from working when the...
New vehicle quality drops again in 2023 as brands push new technology.

New vehicle quality drops again in 2023 as brands push new technology

- June 23, 2023
New vehicle quality decreased in J.D. Power's annual Initial Quality Study under industry-wide shifts to new features and emerging technologies. J.D. Power researchers calculated vehicle quality trends by counting problems per...
Earlier this week: Ford acquired significant DOE loan for EV production.and more headlines this week in automotive industry news.

Weekly roundup: Ford CEO criticizes Tesla Cybertruck, Rivian joins EV charging alliance

- June 23, 2023
Earlier this week: Tesla announced significant discounts to its dual motor and all-wheel drive versions of the Model X and Model S, in a bid to move remaining inventory before...
Ford Motor Company has secured one of largest automotive industry subsidies in U.S. history to boost electric vehicle production.

Ford scores massive $9.2 billion loan for electric vehicle batteries

- June 22, 2023
Ford has secured one of largest automotive industry subsidies in U.S. history to boost electric vehicle production, part of the Biden Administration's efforts to compete with Chinese manufacturing. The Department of...
In the month of May, Texas-based Hall Buick GMC launched an initiative to raise funds for The Texas Wounded Warriors Foundation.

Hall Buick GMC donates over $16,000 to the Texas Wounded Warriors Foundation

- June 22, 2023
In the month of May, Texas-based Hall Buick GMC launched an initiative to raise funds for The Texas Wounded Warriors Foundation (TWWF), a non-profit that aims to commemorate and inspire...
Electric vehicle maker Rivian plans to showcase the first R2 model in 2024, two years before the car is scheduled to hit the market.

Rivian R2 EV to make first appearance in 2024, price range revealed

- June 22, 2023
Electric vehicle maker Rivian plans to showcase the first R2 model in early 2024, two years before the car is scheduled to hit the market. Rivian CFO Claire McDonough revealed the...

Jim Farley criticizes Tesla’s Cybertruck in the wake of EV charging alliance

- June 22, 2023
During an interview with CNBC, Ford's CEO Jim Farley expressed his outlook on the recent EV charging partnership between Ford and Tesla.  "When it comes to gaining an advantage over my customers,...

Morgan Automotive Group makes M&A history with purchase of Al Hendrickson Toyota

- June 21, 2023
Listen to this article: This week, Haig Partners served as the exclusive sell-side advisor for the most expensive dealership purchase in history with the sale of Al Hendrickson Toyota to Morgan Automotive Group. Al...
iSeeCars recall, Elon Mode, FSD

Tesla hacker discovers secret ‘Elon Mode’ for hands-free driving

- June 21, 2023
Elon Musk may have his very own supersecret driver mode that enables hand-free driving in Tesla vehicles. A security researcher, who goes by the handle "@GreentheOnly" on Twitter, discovered a...
CBT News
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.