TSLA411.84032.13%
GM77.340-0.76%
F14.035-0.095%
RIVN16.8101.18%
CYD46.2001.38%
HMC27.2800.45%
TM171.360-0.12%
CVNA63.7201.37%
PAG180.060-2.15%
LAD291.360-0.74%
AN188.890-2.75%
GPI297.850-3.89%
ABG201.460-3.71%
SAH84.6700.16%
TSLA411.84032.13%
GM77.340-0.76%
F14.035-0.095%
RIVN16.8101.18%
CYD46.2001.38%
HMC27.2800.45%
TM171.360-0.12%
CVNA63.7201.37%
PAG180.060-2.15%
LAD291.360-0.74%
AN188.890-2.75%
GPI297.850-3.89%
ABG201.460-3.71%
SAH84.6700.16%
TSLA411.84032.13%
GM77.340-0.76%
F14.035-0.095%
RIVN16.8101.18%
CYD46.2001.38%
HMC27.2800.45%
TM171.360-0.12%
CVNA63.7201.37%
PAG180.060-2.15%
LAD291.360-0.74%
AN188.890-2.75%
GPI297.850-3.89%
ABG201.460-3.71%
SAH84.6700.16%

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Tesla grants Elon Musk a $24B stock award contingent on leadership role and court rulings, aiming to secure his long-term company focus

Tesla board approves $24B stock award for Elon Musk amid legal uncertainty

- August 4, 2025
Tesla’s board approved a $23.7 billion stock award for CEO Elon Musk, granting him 96 million shares that vest in two years if he remains in a leadership role. This...

Why dealers matter: The truth about middlemen in the auto industry

- August 4, 2025
When you think about buying a car, you probably picture the final step—walking into a dealership, shaking hands, and driving off in something new. But what you might not think...
China’s largest electric vehicle manufacturer, BYD, reported a sharp drop in monthly sales for the first time in 2025.

BYD reports July sales decline amid escalating EV price war

- August 4, 2025
China’s largest electric vehicle manufacturer, BYD, reported a sharp drop in monthly sales for the first time in 2025, delivering 341,030 vehicles in July, down from 377,628 in June. The...

Tesla’s loyalty shifts, BMW reveals iX3, EVgo $255M loan for U.S. charging

- August 4, 2025
Top Stories Tesla's U.S. loyalty shifts after Musk's Trump endorsement, S&P data shows. Read More BMW unveils iX3 and strategy to take on Tesla and Chinese EV rivals. Read More EVgo lands $225M...
BMW iX3

BMW unveils iX3 and strategy to take on Tesla and Chinese EV rivals

- August 4, 2025
BMW is launching a new all-electric SUV, the iX3, as the first of 40 vehicles built on its all-new “Neue Klasse” platform, a sweeping initiative that aims to reposition the...
EVgo has secured a $225 million senior secured, non-recourse credit facility from five major banks, positioning the company to grow.

EVgo lands $225M credit facility to expand U.S. fast-charging network

- August 4, 2025
EVgo has secured a $225 million senior secured, non-recourse credit facility from five major banks, positioning the EV charging company to rapidly grow its national network by adding more than...
Foxxonn

Foxconn sells former Lordstown plant for $88M

- August 4, 2025
Foxconn, the Taiwanese electronics manufacturer best known for assembling Apple iPhones, has sold its former Lordstown, Ohio, manufacturing facility for $88 million to Crescent Dune LLC, a company it described...
Tim Hovik, EV Strategy

San Tan Ford’s Tim Hovik on tackling EV sales as tax credits expire

- August 4, 2025
As federal tax credits for electric vehicles begin to phase out, dealers across the country are bracing for a shift in consumer behavior and sales performance. In this episode of...
On the latest episode of Service Drive, Corey Smith offers insight into how fixed ops leaders can improve retention.

How fixed ops teams can enhance tech and improve customer retention – Corey Smith | EasyCare

- August 4, 2025
As technology and customer expectations evolve, automotive service departments face pressure to adapt or risk falling behind. On the latest episode of Service Drive, Corey Smith, National Fixed Ops Training...
Cox Automotive, market

EV sales show mixed Q2 results – Stephanie Valdez Streaty | Cox Automotive

- August 4, 2025
Cox Automotive recently released its latest Kelley Blue Book EV sales report, offering a snapshot of current electric vehicle market dynamics. On today's episode of CBT Now, Stephanie Valdez Streaty,...