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

Kia Telluride

Kia adds off-road packages, raises prices for 2023 Telluride

- November 1, 2022
Kia is updating its popular three-row SUV model: the Telluride, with new features for 2023, including an upgraded design, new driving capabilities, and a list of driver assist features. The company...
General Motors

General Motors delays North American EV production goal by six months

- October 31, 2022
General Motors has pushed back its previous plan of producing 400,000 electric vehicles in North America to the first half of 2024. During the company's third-quarter earnings call on October 25,...
leasing

Decline in leasing could have significant long-term impacts on retail auto — Cox Automotive

- October 31, 2022
A new report from Cox Automotive says the role of leasing in the post-COVID marketplace has "declined substantially" and warned the trend could have long-term consequences. Cox Automotive has lowered...
Ford Versata

Jury orders Ford to pay $105 million to Versata software over trade secrets

- October 31, 2022
Ford Motor Company was ordered to pay almost $105 million in damages to Versata Software by a federal jury in Michigan this week for breach of contract and misappropriation of...
Ford

Ford Q3 earnings beat Wall Street expectations despite net loss of $827 million

- October 28, 2022
Ford Motor Company released its third-quarter financial results this week and narrowly beat Wall Street expectations while reporting a net loss of $827 million for the quarter. Ford attributed the loss...

GDP grows 2.6%, marking the first period of positive acceleration in 2022

- October 28, 2022
The US economy showed potential signs of recovery after posting third-quarter GDP (a sum of all the goods and services produced during the quarter) results that marked the first period...
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...
CBT News
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