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 will purchase a 20% stake in Chinese electric vehicle maker Leapmotor, with plans to help the brand secure overseas market share.

Stellantis to invest $1.58 billion in China’s Leapmotor, plans joint venture

- October 26, 2023
Stellantis has announced a $1.58 billion investment into Chinese electric vehicle maker Leapmotor. The investment will give the manufacturing conglomerate a 20% stake in the business and two seats on the...
Although Lexus has already launched its first EV, the RZ, the Japanese brand, unveiled its promising LF-ZC concept at the Japan auto show. 

Lexus reveals next-gen LF-ZC concept, a luxury EV promising greater range

- October 26, 2023
Although Lexus has already launched its first EV, the RZ, the Japanese brand, unveiled its promising LF-ZC concept at the Japan Auto Show.  The company's chief branding officer, Simon Humphries, presented...
U.S. car sales are projected to rise in October surpassing last year's total, but analysts are still concerned about the upcoming months.

October car sales ‘stronger than they appear’ forecasts S&P Global Mobility

- October 25, 2023
Analysts at S&P Global Mobility expect U.S. car sales to rise by the end of October but have expressed concern for the automotive sector should manufacturing and economic headwinds continue...
Honda and GM announced they are abandoning their effort to collaborate on a $5 billion to create affordable electric vehicles.

Honda halts $5 billion project with GM to develop smaller EVs

- October 25, 2023
Honda and General Motors announced that they are abandoning their joint project to create affordable electric vehicles. The decision comes a year after agreeing to collaborate on a $5 billion...
California's DMV has suspended GM's permit for AV deployment and testing, alleging the company has "misrepresented" the technology's safety

California DMV suspends permits for Cruise’s self-driving robotaxis

- October 25, 2023
California's Department of Motor Vehicles (DMV) revealed it suspended General Motors’ permit for autonomous vehicle (AV) deployment and testing, alleging the company "misrepresented" the technology's safety.  The suspension follows a series...
General Motors finished Q3 ahead of expectations despite revising its guidance, earning a swift response from the United Auto Workers union.

General Motors’ Q3 report met with new United Auto Workers strike

- October 24, 2023
General Motors on Tuesday included a revised profit forecast for 2023 in its third-quarter earnings report, published hours before the United Auto Workers union announced a new strike against the...
Over the past 11 months, used and electric vehicle affordability improved following years of sharp price increases, according to iSeeCars.com

Rising new vehicle costs drive the demand for used and EV affordability

- October 24, 2023
Over the past 11 months, used and electric vehicle affordability improved following years of sharp price increases, according to iSeeCars.com. While used vehicle costs declined by 5.4% and household income...
Toranto-based Li-Cycle dropped almost 50% following the company pausing to build a first-of-its-kind lithium-ion battery recycling plant. 

Biden-backed battery recycler halts construction on new plant

- October 24, 2023
The share price of Toronto-based Li-Cycle Holdings Corp., which is expected to receive support from the Biden administration, dropped almost 50% when the company said it would pause building a...
Hudson Automotive Group has signed an agreement to purchase five storefronts from Vic Bailey Automotive of Spartanburg.

Hudson Automotive Group to acquire Vic Bailey Automotive of Spartanburg

- October 24, 2023
Hudson Automotive Group is set to acquire South Carolina dealership group Vic Bailey Automotive. According to a Monday press release, the two businesses have already signed an agreement, with a purchase...
The UAW president informed members that the union would carry out its strike to demand even better deals despite offering record contracts. 

UAW extends strike to Stellantis Ram plant—Shawn Fain: ‘There’s more to be won’

- October 23, 2023
The United Auto Workers (UAW) President Shawn Fain informed members that the union would continue its strike, demanding even better deals despite the Detroit-Three automakers offering record contracts.  On October 20,...

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