TSLA358.22014.53%
GM86.160-3.17%
F12.440-0.09%
RIVN13.6100.32%
CYD20.000-0.01%
HMC35.780-0.48%
TM216.190-1.92%
CVNA73.5701.49%
PAG212.3600.16%
LAD308.770-7%
AN184.000-4.12%
GPI261.350-5.15%
ABG202.650-4.38%
SAH61.710-1.09%
TSLA358.22014.53%
GM86.160-3.17%
F12.440-0.09%
RIVN13.6100.32%
CYD20.000-0.01%
HMC35.780-0.48%
TM216.190-1.92%
CVNA73.5701.49%
PAG212.3600.16%
LAD308.770-7%
AN184.000-4.12%
GPI261.350-5.15%
ABG202.650-4.38%
SAH61.710-1.09%
TSLA358.22014.53%
GM86.160-3.17%
F12.440-0.09%
RIVN13.6100.32%
CYD20.000-0.01%
HMC35.780-0.48%
TM216.190-1.92%
CVNA73.5701.49%
PAG212.3600.16%
LAD308.770-7%
AN184.000-4.12%
GPI261.350-5.15%
ABG202.650-4.38%
SAH61.710-1.09%

Headlines

Stellantis on Saturday reached a deal with the United Auto Workers union which includes a 25% pay raise and cost of living adjustments.

Stellantis strikes second United Auto Workers deal

- October 30, 2023
Stellantis became the second Big-Three manufacturer to reach a tentative deal with the United Auto Workers union over the weekend, ending more than 40 days of strikes at the Jeep-Chrysler...

Hyundai lowers price for 2024 IONIQ 6, now starts under $39,000

- October 30, 2023
Hyundai announced its new entry-level 2024 IONIQ 6 SE Standard Range, which currently stands for sale at $41,600. However, the automaker revealed it’s lowering the price to $38,615 due to...
Toyota production

Toyota reports record global sales and production

- October 30, 2023
Due to the strong demand and improving supply conditions, Toyota's global sales increased by 8.3% from April to September compared to the same period last year, reaching a record 5.6...
Ford saw third-quarter earnings rise over the previous year but withdrew its full-year guidance amidst labor and electric vehicle concerns.

Ford earnings underwhelm analysts, automaker postpones EV investments

- October 27, 2023
Ford on Thursday retracted its full-year earnings guidance after posting an underwhelming third-quarter report. The announcement came on the same day company executives reached a tentative deal with the United...
BP, is the first company to buy $100 million of Tesla's Supercharger hardware, to use in a third-party charging network.

BP strikes deal with Tesla for $100 million worth of Superchargers

- October 27, 2023
The largest oil and gas conglomerate, BP, is the first company to buy $100 million of Tesla's Supercharger hardware. The purchase marks the first for a company to buy DC charging...
The PSD Automotive Group acquired the Global Auto Mall of North Plainfield, New Jersey, as the final step in its legacy succession plan.

PSD Automotive Group acquires Global Auto Mall

- October 27, 2023
On October 27, PSD Automotive Group acquired the Global Auto Mall of North Plainfield, New Jersey.  Global Auto Mall, which includes Global Kia of North Plainfield, Global Hyundai of North Plainfield,...
Dealership groups continued to build on their early-year successes in the third quarter but struggled to sustain profits from 2022.

Dealer groups show resilience in Q3 despite profitability pressures

- October 27, 2023
Dealership groups across the U.S. broke multiple performance records in the third quarter, highlighting retail automotive's unanticipated resilience in the post-pandemic era. Lithia & Driveway posted a third-quarter revenue of $8.3...

Weekly roundup: October auto sales forecasts, UAW labor deals, and EV charging developments

- October 27, 2023
Earlier this week: October, U.S. car sales were projected to rise despite ongoing manufacturing challenges, according to S&P Global Mobility. Labor relations saw a significant development as Ford and the...
On the evening of October 25, Ford and the UAW announced they had reached a “historic” tentative agreement to end a 41-day strike. 

UAW and Ford tentatively reach agreement to end 41-day strike

- October 26, 2023
On the evening of October 25, Ford and the United Auto Workers (UAW) union announced they had reached a “historic” tentative agreement to end a 41-day strike targeting the automaker.  The...
New vehicle sales are expected to rise in October, despite ongoing manufacturing disruptions and economic instability.

October new vehicle sales to rise against UAW, economic headwinds

- October 26, 2023
Cox Automotive predicts that new vehicle sales will rise in October despite ongoing economic and manufacturing headwinds. According to the firm's forecast, new vehicle sales will top 1.23 million units, an...

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