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

Berenberg

Tesla stock downgraded to hold by Berenberg days after latest Investor Day

- March 9, 2023
An analyst at investment firm Berenberg has downgraded Tesla's stock rating from buy to hold, following an unexpected series of price cuts and an Investor Day which drew mixed reviews...
transaction prices

KBB reports new vehicle ATP trends decline as incentives rise

- March 9, 2023
A new report from Kelly Blue Book reveals that new vehicle transaction prices decreased by 1.4% in February, while incentives rose 3% month-over-month.  The average car transaction now costs $48,763, which...
driver-assistance

GM upgrades driver-assistance while trimming costs for Cruise robotaxis

- March 8, 2023
General Motors has announced additional details for its upcoming driver-assistance platform Ultra Cruise, one day after an executive at its robotaxi subsidiary, Cruise, spoke of plans to cut technology costs. On...
Nissan is reshaping its supply chain to offset U.S. tariffs and global component challenges, relying on increased local production.

S&P Global reduces Nissan’s credit rating to junk

- March 8, 2023
S&P Global Ratings downgraded Nissan’s credit rating to junk, dealing a setback to the carmaker that has battled to increase profitability in the years since the arrest of former Chairman...
increase production

Ford to increase production of EVs and best-sellers after successful February

- March 8, 2023
Ford has announced that it will increase production for some of its best-selling vehicles, after becoming the top-seller in the U.S. during February. In its announcement, the automaker noted that it...
lackluster demand, Rivian

Shares drop as Rivian prepares to sell $1.3 billion in bonds to raise funds

- March 8, 2023
As lackluster demand and high expenses tighten a cash grip around electrical car companies, Rivian Automotive announced on March 6 that it aims to issue bonds worth $1.3 billion. After-hours trading...
Model S and Model X

Model S and Model X receive more price cuts after Musk calls demand ‘infinite’

- March 7, 2023
Certain versions of Tesla's Model S and Model X have been discounted by an additional 4% and 9% respectively, following unexpected lineup-wide price cuts in January. The two vehicles are among...
Lordstown

Lordstown Motors left with $220 million as it struggles with manufacturing

- March 7, 2023
Lordstown Motors has revealed it has $220 million in cash as it looks to resume production after production was paused in February. The company, founded in 2018, has one vehicle in...
Rivian

Rivian reveals to staff that it can outpace production targets in 2023

- March 7, 2023
As part of a “Product Master Plan” for 2023, Rivian released a production forecast of 50,000 vehicles that doubled the output achieved last year but was below the market's expectations.  Despite...

Winners of the 2023 Kelley Blue Book Best Resale Value Awards have been announced

- March 7, 2023
Though most car buyers understand the value of their car will depreciate, they may not be entirely aware of how much this loss can vary from one model to the...
CBT News
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.