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

third-quarter earnings

Public auto groups report strong third-quarter results

- October 28, 2022
Four of the six public dealer groups released record-breaking third-quarter financial results on Wednesday, including Group 1 Automotive, AutoNation, Asbury Automotive Group, and Sonic Automotive. Group 1 Automotive reported total revenues...
EU

EU approves ban on new combustion engine vehicles by 2035

- October 28, 2022
This week, the European Union made strides towards its plans to phase out the sale of new diesel and gasoline cars and vans after the EU and European Parliament reached...
new car sales Cox Automotive, 2023, interest rates

Oct. new car sales likely to increase and finish with 1.11 million units sold — Cox Automotive

- October 27, 2022
Cox Automotive released its October forecast this week, showing that new car sales volume in the US is likely to increase compared to last year—signaling potential improvements in the new...

Penske Automotive reports record Q3 revenue of $6.9 billion

- October 27, 2022
Penske Automotive Group announced its third-quarter earnings on Wednesday, showing positive growth across almost all measurements. The automotive and commercial truck retailer reported that revenue for the third quarter increased by...

Study shows many car buyers have returned to pre-pandemic shopping habits

- October 27, 2022
CarGurus announced the release of its 2022 Consumer Insights Report on Wednesday, and this year's report includes not only buyer insights but seller insights as well. This edition is the fifth...
Tesla

Tesla shares first glimpse inside California megafactory

- October 27, 2022
To ramp up hiring and recruiting, Tesla CEO Elon Musk shared the first peek at its new Megafactory in Lathrop, California. Musk shared the video on LinkedIn, and it's the first...
General M earningsotors General Motors’ ambitious goal of producing 1 million all-electric vehicles in North America by the end of 2025 is now uncertain.

General Motors Q3 earnings beat estimates, posts record revenue of $41.9 billion

- October 26, 2022
General Motors announced its third-quarter earnings on Tuesday, with results beating analysts' expectations and easing concerns about a possible recession. The automaker reported diluted earnings per share of $2.25 for the...
2023 Escape

2023 Ford Escape gets new design and upgraded tech, starts at $27,500

- October 26, 2022
Ford Motor Company announced it is updating its popular Escape model in an effort to differentiate it from the Bronco Sport. The company is adding convenience and safety technologies to...
Hyundai, batteries

Hyundai breaks ground on $5.5 billion EV plant in Georgia

- October 26, 2022
Hyundai Motor Group broke ground on its new $5.54 billion "Metaplant" near Savannah, Georgia, yesterday. The company hosted a groundbreaking ceremony to mark the occasion. The electric vehicle factory is the...
Kia Niro EV

2023 Kia Niro EV starts near $40,000, will be available nationwide this month

- October 26, 2022
Kia has announced US pricing for the upcoming 2023 Kia Niro EV, which is expected to arrive in dealerships across all 50 states starting later this month. The 2023 Kia Niro...
CBT News
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