BMW reveals higher EBIT margin, betting on premium and electric
After revealing it had beat 2022 forecasts last Thursday, BMW has announced it is targeting a higher EBIT margin (earnings before interest and taxes) in 2023, fueled by its premium...
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
Honda’s EV shift will move Accord production to Indiana in 2025
Honda announced on March 13, that as part of its shift to EV production, it would move the assembly of its Accord sedan to Indiana in 2025 after more than...
VW pledges $131 billion investment in EVs and digital development
During the next five years, the Volkswagen Group has committed to spending $131 billion on electrification and digitalization.
At least one new North American EV manufacturing plant will be included in...
CPO sales stronger than predicted in February — Cox Automotive
According to Cox Automotive, Certified Preowned (CPO) sales are up year-over-year despite expectations of a decline.
CPO sales climbed 1.9% to 205,946 units from January to February, which constituted a change...
New study says most SUVs lack sufficient backseat protection
A new study by the Insurance Institute for Highway Safety (IIHS) suggests that most SUVs lack suitable protection for backseat passengers.
IIHS tested 13 SUVs to measure their backseat safety standards....
GM considers implementing ChatGPT in future vehicles
Virtual assistants in General Motor vehicles may soon be powered by the AI language models behind OpenAI's ChatGPT. According to a GM executive, the American carmaker is looking into potential...
Rivian seeks to end exclusivity in electric van deal with Amazon
Amazon and Rivian Automotive are currently discussing renegotiating the exclusivity agreement of their electric-van contract after the online retailer's order for 2023 came in at the low end of a...
Porsche optimistic on 2023 outlook, expects near 20% return on sales
Luxury German automaker Porsche has published its 2023 outlook, predicting it will earn nearly 20% back on sales.
The optimistic forecast arrives just after Porsche revealed record-breaking earnings for 2022. Last...
Wholesale used-vehicle prices jumped in February reports Cox Auto
Last week, Cox Automotive reported a 4.3% increase in wholesale used-vehicle prices in February.
According to the report, this is the largest monthly gain for February since 2009, although average values...
Senator Rubio ramps up efforts to block Ford and CATL partnership from tax credits
A partnership between Ford and CATL is still under fire from Florida Senator Marco Rubio, who last week submitted legislation which would prevent the automaker from receiving tax credits under...
