TSLA360.590-20.67001%
GM72.540-2.5%
F11.590-0.09%
RIVN15.4000.46%
CYD39.410-0.08%
HMC24.150-0.16%
TM207.010-2.66%
CVNA313.5481.45799%
PAG149.3400.18%
LAD251.8201%
AN197.680-0.29%
GPI329.450-1.34%
ABG194.7600.73%
SAH64.870-0.38%
TSLA360.590-20.67001%
GM72.540-2.5%
F11.590-0.09%
RIVN15.4000.46%
CYD39.410-0.08%
HMC24.150-0.16%
TM207.010-2.66%
CVNA313.5481.45799%
PAG149.3400.18%
LAD251.8201%
AN197.680-0.29%
GPI329.450-1.34%
ABG194.7600.73%
SAH64.870-0.38%
TSLA360.590-20.67001%
GM72.540-2.5%
F11.590-0.09%
RIVN15.4000.46%
CYD39.410-0.08%
HMC24.150-0.16%
TM207.010-2.66%
CVNA313.5481.45799%
PAG149.3400.18%
LAD251.8201%
AN197.680-0.29%
GPI329.450-1.34%
ABG194.7600.73%
SAH64.870-0.38%

Headlines

Carvana shares fell more than 8% in after-hours trading even as the used-car retailer reported record third-quarter sales and profits.

Carvana posts $5.8 billion in Q3 revenue as stock tumbles

- October 30, 2025
On the Dash: Carvana achieved record Q3 sales of 156,000 vehicles and $5.6 billion in revenue, with retail operations now driving profits. Investor concerns about subprime lending risk triggered an...
The Federal Reserve approved its second consecutive interest rate cut Wednesday, lowering the federal funds rate to 3.75%-4%.

Federal Reserve cuts interest rates to 3.75%-4% amid economic uncertainty

- October 30, 2025
On the Dash: The 0.25-point Fed cut could lower indirect lending rates, making financing slightly more affordable for new and used-vehicle buyers. Dealer lenders have historically responded quickly to Fed...
GM temporarily lays off 5,500 workers across EV plants as demand slows and federal tax credits end.

GM temporarily lays off 5,500 workers amid EV market slowdown

- October 30, 2025
On the Dash: GM furloughed 5,500 workers across three U.S. EV plants due to slowing demand and loss of federal tax credits. Factory Zero in Detroit, Ultium battery plant in...
Stellantis

Stellantis posts Q3 revenue gain but outlook dims on regulatory costs

- October 30, 2025
On the Dash: Stellantis reported a 13% rise in Q3 revenue but warned of new charges tied to strategy and regulatory changes. The company is shifting focus back to hybrid...

Volkswagen Chattanooga workers authorize UAW strike vote amid stalled contract talks

- October 30, 2025
On the Dash:  Volkswagen Chattanooga workers have authorized a UAW strike vote, giving the union bargaining committee the power to act if contract talks fail. The UAW is pushing for...
Ford’s F-150 Lightning can now power homes and return energy to the grid, helping drivers save money and support utilities.

Ford launches vehicle-to-grid pilot to reward F-150 Lightning owners

- October 29, 2025
On the Dash: Ford’s Home Power Management system allows F-150 Lightning owners to power homes and return energy to the grid. Pilot programs with utilities like DTE Energy and BG&E...
Mercedes-Benz, Q3 outlook/share buyback

Mercedes-Benz confirms outlook, plans $2B share buyback amid Q3 margin gains

- October 29, 2025
On the Dash: Mercedes posts stronger-than-expected Q3 margins and plans a €2 billion share buyback over 12 months. Sales in China fell 27%, marking the worst quarterly performance since 2016,...
production, shortage

Global auto production at risk as Nexperia chip halt sparks new supply chain crisis

- October 29, 2025
On the Dash: Honda cut production at its Ontario plant due to a shortage of Nexperia chips, with reduced output expected to continue next week. Geopolitical tensions between the Netherlands,...
Stellantis

Stellantis partners with NVIDIA, Uber, and Foxconn to advance robotaxi strategy

- October 29, 2025
On the Dash: Stellantis will deliver Level 4 autonomous vehicles using NVIDIA DRIVE AV software and AV-Ready Platforms. Uber will operate initial robotaxi fleets, starting with 5,000 units in U.S....
Japan has announced a $2.4 billion subsidy package. Toyota, investment

Toyota to expand U.S. manufacturing footprint with $10 billion investment

- October 29, 2025
On the Dash:  Toyota plans to invest $10 billion in U.S. auto plants, reflecting growing international commitment to domestic manufacturing. Japan’s $550 billion strategic investment pledge includes major projects in...
CBT News
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