TSLA364.270-1.93%
GM82.200-4.42%
F13.210-0.4%
RIVN14.990-0.41%
CYD35.4000.88%
HMC32.200-0.33%
TM191.530-2.38%
CVNA65.120-0.72%
PAG212.610-2.14%
LAD316.270-5.41%
AN168.290-6.59%
GPI246.420-8.53%
ABG183.060-4.85%
SAH63.660-2.29%
TSLA364.270-1.93%
GM82.200-4.42%
F13.210-0.4%
RIVN14.990-0.41%
CYD35.4000.88%
HMC32.200-0.33%
TM191.530-2.38%
CVNA65.120-0.72%
PAG212.610-2.14%
LAD316.270-5.41%
AN168.290-6.59%
GPI246.420-8.53%
ABG183.060-4.85%
SAH63.660-2.29%
TSLA364.270-1.93%
GM82.200-4.42%
F13.210-0.4%
RIVN14.990-0.41%
CYD35.4000.88%
HMC32.200-0.33%
TM191.530-2.38%
CVNA65.120-0.72%
PAG212.610-2.14%
LAD316.270-5.41%
AN168.290-6.59%
GPI246.420-8.53%
ABG183.060-4.85%
SAH63.660-2.29%

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A sharp rise in EV sales has made the U.S. the world's second-biggest EV market behind China.

U.S. EV sales take second place worldwide thanks to “crucial” tax credits

- June 19, 2023
A sharp rise in electric vehicle sales has made the U.S. the world's second-biggest EV market behind China. According to technology-market research firm Counterpoint, first-quarter EV sales in the U.S. showed a...
Hyundai, NHTSA

NHTSA opens safety probe into Hyundai Ioniq 5 over power loss

- June 19, 2023
The Office of Defects Investigation at the NHTSA opened a preliminary investigation after several American Hyundai owners of the popular Ioniq 5 electric SUV complained of losing propulsive power, either completely or partially.  Hyundai said...

Mercedes-Benz tests out ChatGPT, Stellantis announces major investments, consumer demand trends

- June 19, 2023
Inside Automotive A closer look at current leasing trends and their long-term effects — Kevin Tynan | Bloomberg Intelligence Bloomberg Intelligence recently released its 2023 North American Auto Manufacturing Midyear Outlook. On...

Two top OEM executives see strong U.S. consumer demand for new vehicles

- June 16, 2023
According to two prominent OEM executives, the demand for new vehicles from retail and commercial consumers in the U.S. is stronger than expected. Encouraging remarks from General Motors Chief Financial Officer...
GM

Weekly roundup: GM’s new EV battery plant, direct-to-consumer sales banned in Florida, and Lithia acquisition

- June 16, 2023
Earlier this week: General Motors announced that it will follow Ford's lead and adopt Tesla's North American Charging Standard. Florida Governor and presidential hopeful Ron DeSantis signed a state bill...

New car affordability improves, Lithia makes large acquisition, retail sales increase in May

- June 16, 2023
Inside Automotive Why dealerships must stop 'cherry-picking' their auto technicians — Nick Latino | Parkway Toyota With inventory and competition back up in the new car market, now might be the time...
If you don't innovate, you’ll almost certainly be left behind. Many of the mighty have fallen and not lived to tell the tale.

To innovate or procrastinate — That is the question

- June 15, 2023
It may sound like heresy, but Henry Ford was a procrastinator. “I need a faster horse.” That was the consumer mantra when the early automobile market was still elite. People didn’t...
NACS connector Tesla's

Several companies favor Tesla’s NACS connector, but Stellantis isn’t ready

- June 14, 2023
Following the announcement that both Ford and GM will adopt Tesla’s NACS connector in future electric vehicles in North America has sent gaining support from other companies, primarily charging stations,...
Florida Governor Ron DeSantis signed off on a bill prohibiting car manufacturers from using direct-sales models.

DeSantis approves bill partially banning direct-to-consumer car sales in Florida

- June 14, 2023
Florida Governor and Republican presidential candidate Ron DeSantis has signed off on a bill prohibiting car manufacturers from using direct-sales models in the state. DeSantis signed the law, along with several others, on Tuesday, June...

Toyota’s EV push, new GM plant, 2024 Polestar 2

- June 14, 2023
Inside Automotive How ARRA is looking to upend the direct-to-consumer EV market — Bob Morris | Tim Lamb Group Dealers concerned about OEMs and industry disruptors that aim to sell electric vehicles...
CBT News
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