TSLA358.22014.53%
GM86.160-3.17%
F12.440-0.09%
RIVN13.6100.32%
CYD20.000-0.01%
HMC35.780-0.48%
TM216.190-1.92%
CVNA73.5701.49%
PAG212.3600.16%
LAD308.770-7%
AN184.000-4.12%
GPI261.350-5.15%
ABG202.650-4.38%
SAH61.710-1.09%
TSLA358.22014.53%
GM86.160-3.17%
F12.440-0.09%
RIVN13.6100.32%
CYD20.000-0.01%
HMC35.780-0.48%
TM216.190-1.92%
CVNA73.5701.49%
PAG212.3600.16%
LAD308.770-7%
AN184.000-4.12%
GPI261.350-5.15%
ABG202.650-4.38%
SAH61.710-1.09%
TSLA358.22014.53%
GM86.160-3.17%
F12.440-0.09%
RIVN13.6100.32%
CYD20.000-0.01%
HMC35.780-0.48%
TM216.190-1.92%
CVNA73.5701.49%
PAG212.3600.16%
LAD308.770-7%
AN184.000-4.12%
GPI261.350-5.15%
ABG202.650-4.38%
SAH61.710-1.09%

Headlines

Rivian downgrades

Investment firm foresees financial struggles for Rivian, cuts price target by 76%

- April 14, 2023
Piper Sandler believes that in order to compete with Tesla, Rivian, an EV manufacturer, must address finance issues. On Thursday, April 13, the company lowered Rivian from overweight to neutral. Additionally,...
Lucid

Lucid sales and manufacturing stumble in Q1, brand recognition an issue

- April 14, 2023
Electric vehicle brand Lucid revealed its quarterly production and sales numbers, shedding light on the automaker's struggle to build a following. On Thursday, the automaker announced a first-quarter production total of...
U.S. manufacturing

U.S. manufacturing output improves during first-quarter but slides in March

- April 14, 2023
First-quarter data on U.S. manufacturing showed increased production, despite a slight dip reported in March. Although manufacturing accounts for just over a tenth of the U.S. economy, its rate of production...
CarPlay and Android Auto

GM faces backlash after dropping CarPlay and Android features

- April 14, 2023
With the 2024 Chevrolet Blazer EV going on sale this summer, General Motors has announced that it will stop supporting CarPlay and Android Auto. Instead, a built-in system will provide drivers...
Electric cars are parked at a charging station in Sacramento, Calif., Wednesday, April 13, 2022. (AP Photo/Rich Pedroncelli)

Weekly roundup: EPA proposes new tailpipe standards, average car prices fall below sticker, GM doubles down on lithium sourcing

- April 14, 2023
Earlier this week: Average new car prices fell below MSRP for the first time since 2021, Tesla got slapped with a privacy lawsuit, the EPA revealed newly proposed tailpipe emissions...
Q1 EV sales, Cox Auto report

EV sales reach new heights in Q1, market share now at 7.2%

- April 13, 2023
Electric vehicle sales accounted for 7.2% of all first-quarter car purchases, the segment's best U.S. performance to date. According to a Cox Automotive report, Q1 EV sales hit 258,882 units, a...
compensation, shareholders

Stellantis CEO’s 2022 remuneration is approved by shareholders

- April 13, 2023
During its annual general meeting on April 13, shareholders of the company that makes Jeep SUVs, Ram pickup trucks, and other automobiles unanimously approved CEO Carlos Tavares' compensation. According to spokesman...

Automakers expand off-road vehicles to boost SUV and truck profits

- April 13, 2023
Automakers such as General Motors, Ford, and others have been expanding their off-road vehicle offerings as a way to boost profits on their trucks and SUVs with far fewer investments...
EV tax Vermont

Vermont may pass a mileage-based EV tax to cover lost revenue from gas

- April 13, 2023
Vermont lawmakers are weighing an electric vehicle tax that would charge owners based on the number of miles they drive. The proposed tax, included in a bill titled H.479, would require...
Fed hikes, inflation

As Fed hikes interest rates, inflation climbs in March by 5% year over year

- April 12, 2023
According to a Labor Department report, inflation decreased in March as the effects of the Federal Reserve's interest rate rises became more apparent. The consumer price index, a commonly followed measure...

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