TSLA393.450-31.85%
GM76.0000.48%
F13.350-0.29%
RIVN18.6301.45%
CYD43.390-2.9%
HMC28.0200.76%
TM174.5904.93%
CVNA68.5900.72%
PAG179.4202.34%
LAD306.23015.93%
AN186.4102.08%
GPI288.3901.79%
ABG205.4007.38%
SAH83.7300.68%
TSLA393.450-31.85%
GM76.0000.48%
F13.350-0.29%
RIVN18.6301.45%
CYD43.390-2.9%
HMC28.0200.76%
TM174.5904.93%
CVNA68.5900.72%
PAG179.4202.34%
LAD306.23015.93%
AN186.4102.08%
GPI288.3901.79%
ABG205.4007.38%
SAH83.7300.68%
TSLA393.450-31.85%
GM76.0000.48%
F13.350-0.29%
RIVN18.6301.45%
CYD43.390-2.9%
HMC28.0200.76%
TM174.5904.93%
CVNA68.5900.72%
PAG179.4202.34%
LAD306.23015.93%
AN186.4102.08%
GPI288.3901.79%
ABG205.4007.38%
SAH83.7300.68%

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On May 4, United Auto Workers (UAW) union members approved a new labor agreement with Daimler Truck, which is valid for four years.

UAW members approve 25% pay increase in new deal with Daimler Truck

- May 6, 2024
On May 4, United Auto Workers (UAW) union members approved a new labor agreement with Daimler Truck. The agreement is valid for four years and includes a minimum 25% increase...
April saw Honda sales rise in the U.S. but underlined ongoing weakness in the brand's luxury and electric vehicle lineups.

American Honda sales jump in April but roadblocks remain in key markets

- May 6, 2024
Honda reported strong April sales in the U.S. but continued to face challenges in the luxury and electric markets. The automaker posted North American sales of 116,586 units across its main and...
Coulter McMahen joins CBT Now to discuss his new position as the head of the LADA and the important role of dealer associations.

Educating the public on the strengths of franchised dealerships — Coulter McMahen | LADA

- May 4, 2024
The Louisiana Automobile Dealers Association (LADA) plays a critical role in the state's retail automotive environment, working with legislators to preserve the franchise model and help dealers drive success for...
According to a recent report by iSeeCars.com, gas-powered vehicles that are three years old are driven an average of 12,813 miles per year.

Report shows EVs driven 20% less than gas-powered cars, resulting in higher cost per mile

- May 3, 2024
According to a recent report by iSeeCars.com, gasoline-powered vehicles that are three years old are driven an average of 12,813 miles per year. In comparison, EVs are driven 20% less,...
Rivian has received an $827 million incentive package to expand its Illinois electric vehicle manufacturing facility.

Rivian gets millions in state incentives for Illinois factory expansion

- May 3, 2024
Rivian Automotive announced this week that it has secured an $827 million incentive package from Illinois, intended to fund an expansion at its Normal facility.  This boost comes at a critical juncture...
Ford reported a 2.4% decline in overall sales during April as tax season drew to a close but set a new monthly record with its hybrid lineup.

Ford sales decline in April as hybrids display resilience

- May 3, 2024
Ford revealed a 2.4% decline in U.S. sales for April, attributing the drop to reduced demand for F-Series trucks, Broncos, and other SUVs. Despite this, the company celebrated a record-breaking...

Ford sales drop, Rivian to expand factory, Toyota launches hydrogen HQ

- May 3, 2024
Top Stories Ford sales decline in April on weaker pickup demand, hybrids accelerate. Read More Rivian gets new incentive package for Illinois factory expansion. Read More Toyota continues hydrogen investments with new headquarters....
In this week's top automotive stories, AutoNation and Penske Automotive saw profits slide during the first quarter on weaker pricing.

Automotive weekly roundup: dealer group profits fall, emergency brake rule, Ford University launch

- May 3, 2024
Earlier this week: AutoNation and Penske Automotive reported first quarter earnings this week, revealing notable declines in profitability. The National Highway Traffic Safety Administration finalized a rule requiring automakers to...
New car prices have surged by over 30 percent in the past five years, pointing to a future that looks similar to the past.

Beyond Reach: How new car prices are leaving consumers behind

- May 2, 2024
What if you could predict the future? Imagine if that prediction wasn't based on some crystal ball but rather on a keen observation of the past, coupled with an awareness...
Carvana posted record-breaking earnings for the first quarter in a dramatic recovery from early 2023, the result of aggressive restructuring.

Carvana posts record-breaking Q1 profits after aggressive restructuring

- May 2, 2024
Carvana posted record-breaking earnings for the first quarter in a dramatic recovery from early 2023, underlining the impact of an aggressive restructuring effort over the last two years. The company reported...
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