TSLA328.5809.05%
GM87.5800.64%
F13.9800.19%
RIVN16.0000.62%
CYD47.320-1.41%
HMC31.8201.09%
TM190.0902.6%
CVNA70.8502.51%
PAG216.4100.01%
LAD375.6300.55%
AN209.230-2.1%
GPI266.470-4.35%
ABG214.320-1.67%
SAH82.440-2.45%
TSLA328.5809.05%
GM87.5800.64%
F13.9800.19%
RIVN16.0000.62%
CYD47.320-1.41%
HMC31.8201.09%
TM190.0902.6%
CVNA70.8502.51%
PAG216.4100.01%
LAD375.6300.55%
AN209.230-2.1%
GPI266.470-4.35%
ABG214.320-1.67%
SAH82.440-2.45%
TSLA328.5809.05%
GM87.5800.64%
F13.9800.19%
RIVN16.0000.62%
CYD47.320-1.41%
HMC31.8201.09%
TM190.0902.6%
CVNA70.8502.51%
PAG216.4100.01%
LAD375.6300.55%
AN209.230-2.1%
GPI266.470-4.35%
ABG214.320-1.67%
SAH82.440-2.45%

Headlines

Electric vehicle brand Lordstown Motors is suing its former business partner Foxconn after filing for bankruptcy on June 27.

Lordstown Motors sues former partner Foxconn after filing for bankruptcy

- June 27, 2023
Electric vehicle brand Lordstown Motors is suing its former business partner Foxconn after filing for bankruptcy on June 27. The conflict stems from a deal struck by the two companies last...
Ford Explorer NHTSA

The NHTSA launches an investigation into the Ford Explorer following recall

- June 26, 2023
After receiving complaints about modifications meant to stop vehicles from unexpectedly rolling away while in park, the National Highway Traffic Safety Administration, NHTSA, is looking into Ford's recall of more...
Current GOP frontrunner Donald Trump criticized the automotive industry's electric vehicle transition during a weekend event in Michigan.

Trump makes case against electric vehicle push to Michigan voters

- June 26, 2023
Current GOP frontrunner Donald Trump criticized the automotive industry's electric vehicle transition during a weekend event in Michigan. Trump made the remarks at the Lincoln Day Dinner, hosted on Sunday, June...
CEO of the VW brand, pledged to make vehicles easier for passengers and drivers, claiming touch-sensitive controls "did a lot of damage."

VW brand CEO revealed touch controls “did a lot of damage”, promises consistency

- June 26, 2023
Thomas Schäfer, CEO of the Volkswagen brand, VW, pledged to make vehicles easier for passengers and drivers, claiming touch-sensitive controls "did a lot of damage" to the company's connection with...
J.D. Power and GlobalData forecast a monthly new vehicle sales total of over 1.38 million units this June.

June new vehicle sales and inventory improve while profit margins shrink

- June 26, 2023
J.D. Power and GlobalData forecast a monthly new vehicle sales total of over 1.38 million units this June, placing the automotive industry well ahead of its position during the same period last year. According...
Forward-thinking car dealers have seen fixed operations department profits and efficiency significantly improve over the last year.

Forward-thinking dealers see greater fixed operations profit, efficiency

- June 23, 2023
Forward-thinking car dealers have seen fixed operations department profits and efficiency significantly improve over the last year, according to new research by Cox Automotive. As the automotive industry looks to recover...
Sonic Automotive, one of the largest dealership groups in the U.S., is closing eight EchoPark used-vehicle stores.

Sonic Automotive closes eight EchoPark locations to shift used-vehicle supply

- June 23, 2023
Sonic Automotive, one of the largest dealership groups in the U.S., is closing eight EchoPark used-vehicle stores in response to supply and demand pressures, as revealed in a press release...
Honda. rear camera

Honda recalls 1.2 million cars in the U.S. due to rear camera issues

- June 23, 2023
The National Highway Traffic Safety Administration reports that Honda is recalling 1.2 million vehicles in the U.S. because of cable problems that prevent the rearview camera from working when the...
New vehicle quality drops again in 2023 as brands push new technology.

New vehicle quality drops again in 2023 as brands push new technology

- June 23, 2023
New vehicle quality decreased in J.D. Power's annual Initial Quality Study under industry-wide shifts to new features and emerging technologies. J.D. Power researchers calculated vehicle quality trends by counting problems per...
Earlier this week: Ford acquired significant DOE loan for EV production.and more headlines this week in automotive industry news.

Weekly roundup: Ford CEO criticizes Tesla Cybertruck, Rivian joins EV charging alliance

- June 23, 2023
Earlier this week: Tesla announced significant discounts to its dual motor and all-wheel drive versions of the Model X and Model S, in a bid to move remaining inventory before...
CBT News
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