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

Honda operating profits (yen)

Honda’s Q3 performance a mixed bag: more operating profits, fewer sales

- February 13, 2023
Last Friday, Honda published its third quarter financial summary, revealing impressive gains in operating profits but disappointing sales and limited production. The automaker's operating profits grew 21% from the previous quarter,...
J.D. Power Ford results

GM excels, Ford falls short in J.D. Power vehicle dependability study

- February 13, 2023
As Ford's CEO Jim Farley has often stated, the carmaker must increase quality, and the new 2023 J.D. Power U.S. Vehicle Dependability Study, which was announced on Feb. 9, places...
Ford and Rivian

Ford cuts Rivian stake by about 1%, predicting a difficult year ahead

- February 13, 2023
A week after the Detroit automaker revealed a decline in profit and forecasted a challenging year, Ford reduced its share in struggling EV manufacturer Rivian to 1.15% on February 10. Due...
Weekly roundup 2/10/23

Weekly Roundup: New NAMAD President has big plans, Deloitte shares 2023 car buying behavior trends

- February 10, 2023
Weekly Roundup: Study finds car dealers are vulnerable to the uptick in cybersecurity threats, used vehicle prices inch higher in January, President Biden reworks tax credits for electric vehicles, and more...
cybersecurity threats, cyberattacks

Experts warn OEMs and dealerships both at risk for cyberattacks

- February 10, 2023
Researchers and experts are increasingly sounding the alarm over the auto industry's vulnerability to cybersecurity threats, which can place business operations and sensitive consumer information at risk. With the sudden proliferation...
auto workers

DOL and Mercedes-Benz team up to train the next generation of auto workers

- February 10, 2023
This Wednesday, the U.S. Department of Labor revealed a collaboration with Mercedes-Benz USA to train and equip future auto workers for their careers in the industry. The partnership will provide participants...
Lucid credits

Certain models of Lucid’s Air luxury vehicle will qualify for a $7,500 ‘credit’

- February 10, 2023
Lucid announced that owners of certain Air electric luxury sedans will be entitled to a $7,500 credit. However, Lucid will be responsible for paying the credit, not the government.  Before March...
Toyota 2024 Grand Highlander

Toyota introduces new 2024 Grand Highlander to its line of crossovers

- February 10, 2023
With the new 2024 Grand Highlander, which includes two gas-powered hybrid options, Toyota is extending its segment-leading, three-row crossover lineup. On Feb. 7, the company unveiled the car as the Toyota...
automotive consumer trends

Deloitte reveals the automotive consumer trends emerging in 2023

- February 9, 2023
Consulting and advisory firm Deloitte has published its Global Automotive Consumer Study for this year, revealing the automotive consumer trends that are likely to influence the car market in 2023. The...
Penske Automotive

Penske Automotive revenue increased 11% in Q4, beating estimates

- February 9, 2023
Penske Automotive Group's fourth-quarter net income fell due to lower average gross profits for new and used cars sold. The losses from currency exchange increased new-vehicle sales which allowed them...
CBT News
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