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

Weekly roundup: auto sales forecast and more

Weekly Roundup: February U.S. auto sales forecast, Tesla FSD recall

- February 24, 2023
Weekly Roundup: The National Highway Transportation and Safety Administration (NHTSA) mandated Tesla to recall 362,000 vehicles over Full Self-Driving beta software, Lithia Motors outsold AutoNation in 2022, used electric vehicles values declined,...
new light vehicle sales

Cox Auto expecting new light vehicle sales to grow 4% in February

- February 24, 2023
In its February forecast, Cox Automotive revealed expectations for new light vehicle sales to grow 3.9% from January and 4% from the same time last year. January's performance was unseasonably strong,...
dealership count

Second year of growth in U.S. dealership count, franchises dip slightly

- February 24, 2023
According to research by auto marketing company Urban Science, the number of U.S. dealerships grew for the second consecutive year, despite a slight decline in the number of franchises. The study,...
Lucid EV production

Lucid’s projected revenue falls short in 2023, prepares for increased EV production

- February 24, 2023
Only days after reducing its reservation total from 34,000 to 28,000, EV brand Lucid revealed plummeting Q4 revenue. The manufacturer earned $257.7 million between October and January or about $45.3...
Image source: Mercedes Supercomputers

Mercedes-Benz and Google collaborate to bring “supercomputers” to vehicles

- February 24, 2023
Mercedes-Benz and Google announced a partnership on February 22 that will provide "supercomputer" navigation and autonomous driving technology to the automaker's array of vehicles. A level 3 self-driving capability will...
U.S. EV factory

Toyota ramping up electrification efforts, considers U.S. EV factory

- February 23, 2023
Upcoming Toyota CEO Koji Sato is reportedly considering refitting one of its U.S. facilities to manufacture EVs, as he prepares to accelerate the automaker's electrification strategy. Despite an industry-wide push to...
net-profit

Stellantis posts $17.9 billion net profit, promises $14,760 employee payout

- February 23, 2023
Global automaker Stellantis revealed a record-breaking year for net profit, and nearly $15,000 per qualifying employee in profit-shares. The brand, a result of a 2021 merger between Fiat Chrysler and the...

Subway ‘oasis’ creates a paradise for customers to eat, play, and charge their vehicles

- February 23, 2023
The Subway sandwich chain recently revealed plans to develop EV-specific playgrounds for users. With the examination of a possible sale, the company said it plans to add charging stations only...
battery plans

Tesla cuts its German battery plans after receiving favorable U.S. incentives

- February 23, 2023
Tesla is one of the first companies to publicly announce a strategic move as a result of the Inflation Reduction Act (IRA) incentives. The company stated Tesla has started assembling...
used EV prices

Used EV prices fell in January in response to $4,000 tax credit

- February 22, 2023
Used electric vehicle values continued to decline in January, as sellers lowered their prices to accommodate tax credit eligibility requirements set in the Biden Administration's Inflation Reduction Act. In comparison to...
CBT News
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