TSLA411.1504.72%
GM84.0702.57%
F14.790-0.05%
RIVN16.680-0.08%
CYD51.8301.8%
HMC26.9700.53%
TM180.2205.27%
CVNA68.9004.8%
PAG180.070-0.89%
LAD308.520-4.86%
AN193.3901.86%
GPI325.7400.41%
ABG199.5500.02%
SAH83.710-0.9%
TSLA411.1504.72%
GM84.0702.57%
F14.790-0.05%
RIVN16.680-0.08%
CYD51.8301.8%
HMC26.9700.53%
TM180.2205.27%
CVNA68.9004.8%
PAG180.070-0.89%
LAD308.520-4.86%
AN193.3901.86%
GPI325.7400.41%
ABG199.5500.02%
SAH83.710-0.9%
TSLA411.1504.72%
GM84.0702.57%
F14.790-0.05%
RIVN16.680-0.08%
CYD51.8301.8%
HMC26.9700.53%
TM180.2205.27%
CVNA68.9004.8%
PAG180.070-0.89%
LAD308.520-4.86%
AN193.3901.86%
GPI325.7400.41%
ABG199.5500.02%
SAH83.710-0.9%

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Earlier this week: Ford acquired significant DOE loan for EV production.and more headlines this week in automotive industry news.

Weekly roundup: Ford CEO criticizes Tesla Cybertruck, Rivian joins EV charging alliance

- June 23, 2023
Earlier this week: Tesla announced significant discounts to its dual motor and all-wheel drive versions of the Model X and Model S, in a bid to move remaining inventory before...

Ford scores $9.2 bln loan, Jim Farley criticizes Tesla’s Cybertruck, Rivian R2 EV to debut in 2024

- June 23, 2023
Inside Automotive  How dealers can help fix the automotive industry gender gap — Suzannah Sarkahian | Audi Wynnewood Historically, the automotive industry has been male-dominated. Even in 2023, women make up less...
Ford Motor Company has secured one of largest automotive industry subsidies in U.S. history to boost electric vehicle production.

Ford scores massive $9.2 billion loan for electric vehicle batteries

- June 22, 2023
Ford has secured one of largest automotive industry subsidies in U.S. history to boost electric vehicle production, part of the Biden Administration's efforts to compete with Chinese manufacturing. The Department of...
Electric vehicle maker Rivian plans to showcase the first R2 model in 2024, two years before the car is scheduled to hit the market.

Rivian R2 EV to make first appearance in 2024, price range revealed

- June 22, 2023
Electric vehicle maker Rivian plans to showcase the first R2 model in early 2024, two years before the car is scheduled to hit the market. Rivian CFO Claire McDonough revealed the...

Morgan Automotive Group acquisition, Tesla’s ‘Elon Mode’, Cars.com’s American-Made study

- June 22, 2023
Inside Automotive  From car salesman to mega-dealer: Cuban-born Mario Murgado’s journey to unparalleled success On today’s Executive Profile, we visited Mario Murgado, President and CEO of Murgado Automotive Group, at his brand...
Tesla dominated the four top spots in Cars.com's 2023 American-Made Index, with the Model Y placing first for the second consecutive year.

Tesla takes top four spots in Cars.com American-made study

- June 21, 2023
Tesla's status as one of the top U.S. car manufacturers received a boost on June 21, when its entire electric vehicle lineup dominated the four top spots in Cars.com's 2023 American-Made...

Edmunds discovers low brand loyalty rates, Rivian adopts Tesla’s EV charging standard, Ex-CEO Ghosn sues Nissan for $1 bln

- June 21, 2023
Inside Automotive  How Bergstrom Automotive is adapting to post-COVID industry trends — Tim Bergstrom While the industry collects itself in the aftermath of COVID, dealers are on the frontline tackling never-before-seen automotive trends....
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Rivian joins alliance to adopt Tesla’s EV charging standard

- June 20, 2023
Electric vehicle maker Rivian has agreed to adopt Tesla's charging standard, issuing customers access to the most predominant U.S. charging network and adding momentum to Tesla's bid to set industry...
Electric vehicle customers are highly likely to consider new brands when shopping, according to an Edmunds study on brand loyalty.

Edmunds discovers low brand loyalty rates among EV buyers

- June 20, 2023
Electric vehicle customers are highly likely to consider new brands when shopping for a product, according to an Edmunds study on brand loyalty in the EV market. In its 2023 EV...
A $27,000 battery-electric vehicle (BEV) from Stellantis is scheduled to be unveiled in 2024, the same time as other OEM releases.

In 2024, Stellantis plans to introduce its $27,000 BEV

- June 20, 2023
A $27,000 battery-electric vehicle (BEV) from Stellantis is scheduled to be unveiled in 2024, possibly at the same time as the Volvo EX30 and the Volkswagen ID. Additionally, Stellantis' BEV...