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

$131 billion, VW

VW pledges $131 billion investment in EVs and digital development

- March 15, 2023
During the next five years, the Volkswagen Group has committed to spending $131 billion on electrification and digitalization. At least one new North American EV manufacturing plant will be included in...
CPO

CPO sales stronger than predicted in February — Cox Automotive

- March 15, 2023
According to Cox Automotive, Certified Preowned (CPO) sales are up year-over-year despite expectations of a decline. CPO sales climbed 1.9% to 205,946 units from January to February, which constituted a change...
Backseat

New study says most SUVs lack sufficient backseat protection

- March 15, 2023
A new study by the Insurance Institute for Highway Safety (IIHS) suggests that most SUVs lack suitable protection for backseat passengers. IIHS tested 13 SUVs to measure their backseat safety standards....
ChatGPT GM

GM considers implementing ChatGPT in future vehicles

- March 14, 2023
Virtual assistants in General Motor vehicles may soon be powered by the AI language models behind OpenAI's ChatGPT. According to a GM executive, the American carmaker is looking into potential...
Amazon Rivian , delivery-van pact

Rivian seeks to end exclusivity in electric van deal with Amazon

- March 14, 2023
Amazon and Rivian Automotive are currently discussing renegotiating the exclusivity agreement of their electric-van contract after the online retailer's order for 2023 came in at the low end of a...
2023 outlook

Porsche optimistic on 2023 outlook, expects near 20% return on sales

- March 14, 2023
Luxury German automaker Porsche has published its 2023 outlook, predicting it will earn nearly 20% back on sales. The optimistic forecast arrives just after Porsche revealed record-breaking earnings for 2022. Last...
wholesale used-vehicle prices

Wholesale used-vehicle prices jumped in February reports Cox Auto

- March 14, 2023
Last week, Cox Automotive reported a 4.3% increase in wholesale used-vehicle prices in February. According to the report, this is the largest monthly gain for February since 2009, although average values...
Ford and CATL

Senator Rubio ramps up efforts to block Ford and CATL partnership from tax credits

- March 13, 2023
A partnership between Ford and CATL is still under fire from Florida Senator Marco Rubio, who last week submitted legislation which would prevent the automaker from receiving tax credits under...
Barra, GM

GM wants to cut more jobs and save costs through voluntary separation offers

- March 13, 2023
General Motors CEO, Mary Barra, informed staff on March 9 that additional job cuts will be made, but this time it will be voluntary. The announcement came about a week...
premium

31% of new vehicles were sold above MSRP last month

- March 13, 2023
According to a recent study, the average price of a new car in February was $45,296 as opposed to the average manufacturer's suggested retail price (MSRP) of $41,637. A joint prediction...
CBT News
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