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

CEO Warren Buffet and vice chairman Charlie Munger expressed uncertainty over the electric vehicle market and its current competitive makeup

Warren Buffet, Charlie Munger decline to pick winner in EV race

- May 8, 2023
In remarks given during a weekend conference, CEO Warren Buffet and vice chairman Charlie Munger, both of investment firm Berkshire Hathaway, expressed uncertainty over the electric vehicle market and its...
Articles Headlines
v12 FSD Beta

Tesla switches gears with Full Self-Driving, will feature end-to-end AI in v12

- May 8, 2023
For the FSD Beta v12, Tesla intends to enhance its self-driving system using end-to-end AI. Although the FSD Beta already has AI, it's only utilized to assist vehicles in detecting...
Headlines Articles
Q4 of 2022

EV startups facing another tough quarter of high cash burn

- May 8, 2023
Reuters reports that American EV startups are expected to disclose another quarter of falling cash reserves.  The report piles on the pressure for a group of companies battling to increase production...
Headlines Articles
Ford

Farley confirms Apple CarPlay, Android Auto will stay in Ford vehicles

- May 8, 2023
CEO Jim Farley reaffirmed Ford's commitment to continue supporting third-party apps such as Apple CarPlay and Android Auto in its vehicles during a May 4 interview with the Wall Street...
Articles Headlines
Carvana

Carvana beats expectations in Q1, narrows losses in bid for profitable future

- May 5, 2023
Used car retailer Carvana has released its first-quarter earnings report and revealed a quarterly loss of $1.51 per share, resulting in an earnings surprise of 19.5% over Wall Street forecasts.  Additionally, Carvana...
Articles Headlines
The year-over-year declines in wholesale used car prices indicate a return to pre-pandemic conditions rather than waning demand.

Wholesale used car prices decline 5% year-over-year in April

- May 5, 2023
Wholesale used car prices declined for the first time this year. According to April's latest Manheim Used Vehicle Value Index, prices decreased 3% from March and 4.4% from a year...
Headlines Articles
After a woman died inside her SUV in December, U.S. safety regulators are investigating possible electrical issues in older Dodge Journeys. 

NHTSA investigates electrical issues for older Dodge Journey models

- May 5, 2023
After a woman was trapped and died inside her Dodge Journey SUV in December, U.S. safety regulators began investigating possible electrical malfunctions to determine whether or not this was an...
Headlines Articles
Wall Street, U.S. economy

As U.S. economy slows, job growth beats expectations in April

- May 5, 2023
The Labor Department revealed that job growth performed better than anticipated in April despite banking turmoil and a slowing economy. According to the Bureau of Labor Statistics, nonfarm payrolls rose by...
Headlines Articles

Weekly roundup: Toyota commits to EVs, aftermarket service disappoints, Fisker’s EV battery swapping

- May 5, 2023
Earlier this week: EV maker Fisker announced its Ocean SUV will come equipped with swappable batteries in 2024, April U.S. auto sales improved year-over-year, customer satisfaction with aftermarket service providers...
Daily Automotive News Articles
UAW won't endorse Biden without EV promises, call Trump re-election a "disaster"

UAW won’t endorse Biden without EV promises, calls Trump re-election a ‘disaster’

- May 4, 2023
The United Auto Workers (UAW) union is refusing to endorse President Biden's reelection campaign until his administration addresses concerns arising from the electrification of the auto industry. In a letter, newly-seated...
Articles Headlines

Latest Articles

CBT News heads to Washington, D.C., to host Auto Leadership Summit
Latest Articles 05/19/26

CBT News heads to Washington, D.C., to host Auto Leadership Summit

TrueCar says it will now include mandatory dealer fees in advertised vehicle prices, exceeding FTC standards.
Latest Articles 05/19/26

TrueCar gets ahead of FTC compliance, folds dealer fees into upfront pricing

Elon Musk predicts self-driving domination within a decade as Tesla, Waymo face new recalls
Latest Articles 05/19/26

Elon Musk predicts self-driving domination within a decade as Tesla, Waymo face new recalls

S&P Global Mobility opens FeeSync to entire automotive industry at no cost, establishing first-of-its-kind dealer fee transparency infrastructure
Latest Articles 05/19/26

S&P Global Mobility opens FeeSync to entire automotive industry at no cost, establishing first-of-its-kind dealer fee transparency infrastructure

EV fee bill sparks backlash, Stellantis outlines U.S. turnaround, Nissan boosts retail share
Latest Articles 05/19/26

EV fee bill sparks backlash, Stellantis outlines U.S. turnaround, Nissan boosts retail share

House bill targeting EV and PHEV owners sparks environmental backlash
Latest Articles 05/19/26

House bill targeting EV and PHEV owners sparks environmental backlash

Stellantis CEO Antonio Filosa to unveil turnaround strategy focused on U.S. recovery
Latest Articles 05/19/26

Stellantis CEO Antonio Filosa to unveil turnaround strategy focused on U.S. recovery

Nissan says dealer-focused strategy
Latest Articles 05/19/26

Nissan says dealer-focused strategy boosted retail market share

Rising gas prices push shoppers toward hybrids and used vehicles
Latest Articles 05/19/26

Rising gas prices push shoppers toward hybrids and used vehicles

Cox Automotive's Derek Hansen talks about how AI is reshaping used-vehicle sales and sourcing as inventory hits historic lows.
Latest Articles 05/19/26

How AI is reshaping used-vehicle sales and sourcing as inventory hits historic lows

CBT News
Powered by  GDPR Cookie Compliance
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.