TSLA373.2909.02%
GM84.6852.485%
F13.2250.015%
RIVN15.4850.495%
CYD35.090-0.31%
HMC32.6550.455%
TM193.5302%
CVNA67.4202.31%
PAG213.7251.115%
LAD317.9601.69%
AN169.4051.115%
GPI251.5205.1%
ABG185.4102.35%
SAH66.3002.64%
TSLA373.2909.02%
GM84.6852.485%
F13.2250.015%
RIVN15.4850.495%
CYD35.090-0.31%
HMC32.6550.455%
TM193.5302%
CVNA67.4202.31%
PAG213.7251.115%
LAD317.9601.69%
AN169.4051.115%
GPI251.5205.1%
ABG185.4102.35%
SAH66.3002.64%
TSLA373.2909.02%
GM84.6852.485%
F13.2250.015%
RIVN15.4850.495%
CYD35.090-0.31%
HMC32.6550.455%
TM193.5302%
CVNA67.4202.31%
PAG213.7251.115%
LAD317.9601.69%
AN169.4051.115%
GPI251.5205.1%
ABG185.4102.35%
SAH66.3002.64%

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Stellantis reported a decline in first-half net profit, attributed to reduced volumes, temporary production gaps, and lower market share

Stellantis reports a steep decline in first-half profits amid production and market challenges

- July 25, 2024
Auto giant Stellantis reported a significant decline in first-half net profit, attributed to reduced volumes, temporary production gaps, and lower market share in North America. The company, which owns well-known...
Ford released its second-quarter earnings today, revealing a mix of positive revenue growth and missed earnings expectations.

Ford reports mixed Q2 2024 results amidst EV sales surge and strategic shifts

- July 25, 2024
Ford released its second-quarter earnings today, revealing a mix of positive revenue growth and missed earnings expectations. Despite revenue climbing 6% to $44.8 billion, surpassing projections, Ford's Q2 2024 earnings...
UAW President Shawn Fain is once again taking his time before endorsing a candidate in this year's presidential election.

UAW President Shawn Fain delays endorsement decision for 2024 presidential election

- July 25, 2024
United Auto Workers (UAW) President Shawn Fain is once again taking his time before endorsing a candidate in this year's presidential election. Although he has explicitly stated he does not...
Alphabet has reaffirmed its commitment to the future of self-driving technology with a substantial $5 billion investment in Waymo.

Alphabet invests $5 billion in Waymo to lead self-driving future

- July 24, 2024
Alphabet has reaffirmed its commitment to the future of self-driving technology with a substantial $5 billion investment in its Waymo subsidiary, which will be distributed over several years. This move...
Production at General Motors' Wentzville, Missouri, plant has come to a halt due to a labor dispute at its seat supplier, Lear Corp.

GM’s Wentzville plant halts production amid Lear Corp. strike

- July 23, 2024
Production at General Motors' Wentzville, Missouri, plant has come to a halt due to a labor dispute at its seat supplier, Lear Corp. The strike involved 500 Lear workers represented...
According to LSEG data, GM's second-quarter net income is projected to drop by 7.7%, while Ford's profit is anticipated to fall by 10%.

GM, Ford face profit declines amid EV challenges and cyberattack disruptions

- July 22, 2024
General Motors (GM) and Ford are expected to report lower profits this week due to struggling electric vehicle (EV) sales and a significant cyberattack on a crucial dealership computer network....
AutoNation and Sonic Automotive are expected to be affected the most by the recent CDK Global outage in their second-quarter earnings.

CDK Global outage set to hit AutoNation and Sonic Automotive hardest in Q2 earnings

- July 18, 2024
According to analysts, AutoNation and Sonic Automotive are expected to be the most affected by the recent CDK Global outage in their second-quarter earnings. Both dealership groups, ranked second and...
General Motors (GM) will increase the production of the Cadillac Escalade V-Series performance model as part of its 2025 model year updates.

GM boosts production of Cadillac Escalade V-Series for 2025 with major updates

- July 18, 2024
General Motors (GM) will increase the production of the Cadillac Escalade V-Series performance model as part of its 2025 model year updates. The new SUV features significant enhancements, including a...
General M earningsotors General Motors’ ambitious goal of producing 1 million all-electric vehicles in North America by the end of 2025 is now uncertain.

GM’s 1 million EV production goal for 2025 in doubt, says CEO Mary Barra

- July 16, 2024
General Motors’ ambitious goal of producing 1 million all-electric vehicles in North America by the end of 2025 is now uncertain, according to comments made by CEO Mary Barra on...
Earlier this week: UAW pres. Shawn Fain revealed union demands, Toyota's global sales rose 5.1% in the first half of 2023, and more headlines to stay on top of this week in automotive industry news.

UAW President raises concerns over Biden’s re-election chances

- July 12, 2024
United Auto Workers (UAW) President Shawn Fain met with the union's executive board late Thursday to discuss his deep concerns regarding President Joe Biden's ability to defeat Donald Trump in...
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