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

Used car

Used car prices are rising once again after a prolonged decline

- February 21, 2023
For majority of last year, used car prices slowly and drastically declined. Unfortunately for consumers, that may soon change. According to Manheim, the largest wholesale automobile marketplace, prices rose 4% in...
AutoNation gross profit

AutoNation announces Q4 profit record, expects market prices to drop

- February 20, 2023
As manufacturers increase volume and provide more incentives to price-conscious shoppers, AutoNation, one of the largest car dealership chains in the U.S., anticipates a reduction in new and used car...
Mary Barra EV ambitions electrification strategy

GM’s Mary Barra stands firm on EV ambitions, but admits to challenges

- February 20, 2023
Last Thursday, General Motors CEO Mary Barra confirmed the company would continue pursuing its EV ambitions, but acknowledged a number of obstacles remain in its path. Speaking to virtual attendees of...
self-driving software

Tesla recalls 362,000 vehicles due to NHTSA pressure on self-driving software

- February 20, 2023
Tesla is set to recall over 362,000 vehicles equipped with the company's Full Self-Driving beta software, after facing pressure from the National Highway Traffic Safety Administration. According the NHTSA, the company's...
supplies improving, Bank of America

New data indicates chip supplies improving but not for every automaker

- February 20, 2023
Despite supply chain shortages improving, new data indicates that some automakers still feel pinched more acutely than others.  Honda informed shareholders that despite the growing semiconductor shortage, it had nonetheless lowered...
automotive industry news

Weekly Roundup: Dealer principal Mike Maroone’s view from the top and Tesla retaliates to union campaign

- February 17, 2023
Weekly Roundup: Tesla workers launched a unionizing campaign at Giga New York—layoffs swiftly followed, Toyota visionary Shoichiro Toyoda passed away at 97, Hyundai unveiled vehicle subscription service Evolve+, and more headlines to...
VinFast Vingroup

Founder of VinFast’s parent company vows to stop investing personal funds in the EV startup

- February 17, 2023
For EV startups, it's a challenging world. Many are battling to stay afloat as expenses soar, financing becomes more difficult to come by, and earnings remain elusive. However, VinFast, which...
U.S. luxury market

Tesla wins top spot in U.S. luxury market, first American winner in 25 years

- February 17, 2023
Tesla has become the first American brand in 25 years to reach the top of the U.S. luxury market, beating out 2021's winner BMW. In total, the EV maker sold 491,000...
Market Scan S&P Global Mobility

S&P Global Mobility enhances data and product offerings with acquisition of Market Scan

- February 17, 2023
SOUTHFIELD, MICH., February 16, 2023 — S&P Global Mobility has announced the acquisition of Market Scan Information Systems, Inc., a leading provider of automotive pricing and incentive intelligence, including Automotive Payments...
Sonic Automotive

Sonic Automotive posts record breaking Q4 results for 2022

- February 17, 2023
Sonic Automotive has revealed record-breaking fourth quarter results in its earnings report, with sizable gains in revenue and profit. In Q4, the North Carolina dealer group earned $3.59 billion in revenue...
CBT News
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