GM wants to cut more jobs and save costs through voluntary separation offers
General Motors CEO, Mary Barra, informed staff on March 9 that additional job cuts will be made, but this time it will be voluntary. The announcement came about a week...
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
31% of new vehicles were sold above MSRP last month
According to a recent study, the average price of a new car in February was $45,296 as opposed to the average manufacturer's suggested retail price (MSRP) of $41,637.
A joint prediction...
Nissan Ariya production delayed due to issues at Japan factory
Nissan is attempting to resolve issues at one of its factories which have caused production delays for its new Ariya electric crossover.
Despite launching in 2022, only 201 Ariya EVs were...
Weekly Roundup: More Tesla price cuts, EV tax credit negotiations, Ford inks new plan with dealers
Weekly Roundup:
Earlier this week, over 120 Ford dealers signed on with the automaker to open fleet-focused commercial service centers, Rivian announced that it will issue bonds worth $1.3 billion to...
Negotiations between the US and EU will have a status to ease EV trade disputes
After encountering months of international criticism over his administration’s Inflation Reduction Act, President Biden is set to enter negotiations with the President of the European Commission, Ursula Von Der Leyen,...
J.D. Power Customer Service Index reveals declining satisfaction, names Lexus as top brand
In the latest J.D. Power Customer Service Index study, buyers again reported declining satisfaction, the first year-over-year drop since 1995.
The negative trend in the consumer experience is echoed in other...
Cox Automotive Reports: The U.S. auto market index is expected to do well in Q2
Cox Automotive unveiled its first quarter dealer sentiment index (CADSI), which reported a sudden shift towards optimism after the end of Q4.Â
Although retailers continued to say that the car market...
GM invests into startup bringing holographic HUD to next generation vehicles
General Motors has contributed to series C funding for Envisics, a tech startup planning to introduce holographic head-up displays for vehicles as soon as 2023.
The UK-based startup announced on Thursday...
Over 120 Ford dealers agree to open commercial service centers
A report by Automotive News reveals that over 120 Ford dealers have signed on with the automaker's initiative to open fleet-focused commercial service centers across the nation.
Although Ford already works...
Owners of the Ford F-150 Lightning are defying the norm
The F-150 Lightning electric pickup from Ford is revolutionizing the truck industry. Owners of Lightnings are defying the odds by using their electric truck beds for more heavy-duty work than...
