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

aftermarket, ASI, J.D. Power, study

Car owners less satisfied with aftermarket service providers

- May 2, 2023
The J.D. Power 2023 U.S. Aftermarket Service Index (ASI) Study revealed that overall satisfaction declined year over year in the study’s three segments: quick oil changes, full-service maintenance and repair,...
Headlines Articles
Fed Reserve could pause rate hikes

New interest rate hike likely for May, but relief may still be in sight

- May 1, 2023
The Federal Reserve is set to deliberate another interest rate hike starting May 2 after inflation edged upward once more. The increase would bring the Fed's total number of adjustments since...
Articles Headlines
EPA biofuels guidance

Biofuel credits for EV makers could see delay under GOP-led resistance

- May 1, 2023
The Biden Administration is considering a delay to a rule proposed by the Environmental Protection Agency (EPA), which would allow electric vehicle makers to earn credits for biofuels. The proposal, initially...
Articles Headlines

Toyota owners most-likely to trade in their vehicle for a used EV — CarMax report

- May 1, 2023
According to a recent report by used car dealer CarMax, Toyota was the most traded-in brand for used EVs in the U.S. between September 2022 and February 2023, with 12%...
Headlines Articles
J.D. Power insurance

Rising premiums lead to record carrier switching in the auto insurance market

- May 1, 2023
The nation's auto insurers are caught in a cycle of escalating premiums, high inflation, and an increase in defection, J.D. Power's 2023 U.S. Insurance Shopping Study revealed. The study shows that auto...
Headlines Articles
Mercedes-Benz

Mercedes-Benz sees revenue, earnings increase despite Russian exit

- April 28, 2023
In its first-quarter financial report released on April 28, Mercedes-Benz reported substantial growth thanks across its automotive segments but noted that economic conditions remained uncertain. According to the report, the German automaker...
Articles 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

Latest Articles

CBT News heads to Washington, D.C., to host Auto Leadership Summit
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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.
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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
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S&P Global Mobility opens FeeSync to entire automotive industry at no cost, establishing first-of-its-kind dealer fee transparency infrastructure
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EV fee bill sparks backlash, Stellantis outlines U.S. turnaround, Nissan boosts retail share
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EV fee bill sparks backlash, Stellantis outlines U.S. turnaround, Nissan boosts retail share

House bill targeting EV and PHEV owners sparks environmental backlash
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Stellantis CEO Antonio Filosa to unveil turnaround strategy focused on U.S. recovery
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Nissan says dealer-focused strategy
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Nissan says dealer-focused strategy boosted retail market share

Rising gas prices push shoppers toward hybrids and used vehicles
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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.
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How AI is reshaping used-vehicle sales and sourcing as inventory hits historic lows

CBT News
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