TSLA374.69010.42%
GM84.5802.38%
F13.2150.005%
RIVN15.4550.465%
CYD34.950-0.45%
HMC32.6400.44%
TM193.3001.77%
CVNA67.6902.58%
PAG213.7601.15%
LAD318.1501.88%
AN169.8101.52%
GPI251.4905.07%
ABG185.5452.485%
SAH66.4202.76%
TSLA374.69010.42%
GM84.5802.38%
F13.2150.005%
RIVN15.4550.465%
CYD34.950-0.45%
HMC32.6400.44%
TM193.3001.77%
CVNA67.6902.58%
PAG213.7601.15%
LAD318.1501.88%
AN169.8101.52%
GPI251.4905.07%
ABG185.5452.485%
SAH66.4202.76%
TSLA374.69010.42%
GM84.5802.38%
F13.2150.005%
RIVN15.4550.465%
CYD34.950-0.45%
HMC32.6400.44%
TM193.3001.77%
CVNA67.6902.58%
PAG213.7601.15%
LAD318.1501.88%
AN169.8101.52%
GPI251.4905.07%
ABG185.5452.485%
SAH66.4202.76%

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UAW Local 2209 initiates strike authorization vote at GM’s Fort Wayne plant

- October 28, 2024
United Auto Workers (UAW) Local 2209 is set to hold a critical vote on Wednesday regarding a potential strike at General Motors' Fort Wayne Assembly Plant in Indiana. The plant...
Scout Motors

VW’s Scout Motors reveals an electric SUV and truck with extended-range gas option

- October 25, 2024
On Thursday, Volkswagen's Scout Motors unveiled its concept electric SUV and truck, announcing extended-range versions that include a small gasoline engine to address U.S. drivers' concerns about recharging. The full...

Weekly roundup: GM exceeds Q3 earnings, EV sales surge, Trump proposes U.S. car tax breaks

- October 25, 2024
Earlier this week: GM surpassed Wall Street Expectations with robust Q3 earnings. The U.S. electric vehicle market sees record growth as EV sales hit new milestones. Trump proposes tax breaks...
Hyundai has reported a 7% drop in Q3 operating profit, citing a slowdown in demand & increased competition in the global auto industry

Hyundai warns of slowing demand and rising competition amid 7% drop in Q3 profit

- October 24, 2024
Hyundai Motor has reported a 7% drop in third-quarter operating profit, citing a slowdown in demand and increased competition in the global auto industry. The company posted an operating profit...
Lithia Motors successfully reduced expenses and anticipates saving an additional $100 million in 2025, increasing the total savings.

Lithia Motors surpasses cost-cutting target, achieves $200M in savings

- October 24, 2024
According to COO Adam Chamberlain, Lithia Motors successfully reduced expenses by $200 million by the end of the third quarter, surpassing its original cost-cutting target by $50 million. The initiative,...
U.S. Energy Secretary Jennifer Granholm said the U.S. DOE is swiftly finalizing $1.7 billion in grants to convert plants for EV production

U.S. Energy Department races to finalize $1.7 billion in EV plant conversion grants

- October 23, 2024
U.S. Energy Secretary Jennifer Granholm said on Tuesday that the U.S. Department of Energy is moving swiftly to finalize $1.7 billion in grants to convert automotive plants for electric vehicle...
GM exceeded Wall Street's earnings expectations in its third quarter, reporting a net income of $3.056 billion on revenue of $48.757 billion.

GM surpasses Wall Street Expectations with robust Q3 earnings

- October 22, 2024
General Motors (GM) exceeded Wall Street's earnings expectations in its third quarter, reporting a net income of $3.056 billion on revenue of $48.757 billion, up 10.5% year-over-year. While net income...
Ford has issued an urgent bulletin advising EV owners to immediately stop using Tesla Supercharger adapters provided by the company.

Ford warns EV owners to stop using Tesla Supercharger adapters due to potential charging issues

- October 21, 2024
Ford has issued an urgent bulletin advising electric vehicle (EV) owners to immediately stop using Tesla Supercharger adapters provided by the company. This follows the discovery of a potential issue...
GM and Ford are preparing to report their Q3 2024 results, with both automakers facing challenges that could affect investor sentiment.

GM, Ford face investor scrutiny as EV losses persist and gasoline vehicle pricing power wanes

- October 21, 2024
General Motors (GM) and Ford Motor are preparing to report their Q3 2024 results, with both automakers facing challenges that could affect investor sentiment. GM will release its results on...

Weekly roundup: Ford incentivizes dealers to move F-150 Lightnings, White House pressures Stellantis on UAW, Vehicle affordability stagnates despite lower rates

- October 18, 2024
Earlier this week: Ford offered dealers up to $22,500 to move F-150 Lightning inventory in the new pilot program. White House urges Stellantis to honor commitments to UAW after plant closures....
CBT News
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