TSLA396.380-8.28%
GM79.580-2.93%
F13.970-0.44%
RIVN16.2600.33%
CYD51.0500.59%
HMC26.190-0.66%
TM172.770-5.42%
CVNA62.840-7.2%
PAG171.330-9.43%
LAD293.020-14.48%
AN186.360-9.5%
GPI305.070-20.53%
ABG190.130-9.69%
SAH78.130-5.52%
TSLA396.380-8.28%
GM79.580-2.93%
F13.970-0.44%
RIVN16.2600.33%
CYD51.0500.59%
HMC26.190-0.66%
TM172.770-5.42%
CVNA62.840-7.2%
PAG171.330-9.43%
LAD293.020-14.48%
AN186.360-9.5%
GPI305.070-20.53%
ABG190.130-9.69%
SAH78.130-5.52%
TSLA396.380-8.28%
GM79.580-2.93%
F13.970-0.44%
RIVN16.2600.33%
CYD51.0500.59%
HMC26.190-0.66%
TM172.770-5.42%
CVNA62.840-7.2%
PAG171.330-9.43%
LAD293.020-14.48%
AN186.360-9.5%
GPI305.070-20.53%
ABG190.130-9.69%
SAH78.130-5.52%

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Tesla reported $1.13 billion in net income for the January-through-March period as the effect of slow sales and price cuts cut into profits.

Tesla profits plummet in Q1, company accelerates new product development

- April 24, 2024
Tesla reported steep declines in first-quarter revenue and profit but rallied shareholders over promises of new products. The electric vehicle manufacturer reported revenue of $21.3 billion, down 9% from the first quarter...
Articles Headlines
Fiske released a regulatory filing notifying that it may go bankrupt within 30 days unless it secures relief from creditors

Fisker faces bankruptcy unless it secures relief from creditors

- April 24, 2024
On April 23, Fisker, an electric vehicle (EV) startup, released a regulatory filing notifying that it may go bankrupt within 30 days unless it secures relief from creditors and sufficient...
Headlines Articles
Kevin Tynan joins Inside Automotive to share his insights into the key automotive industry trends impacting dealers in Q2.

Top automotive industry trends to track in Q2 — Kevin Tynan | Bloomberg Intelligence

- April 24, 2024
The automotive industry has already seen significant change in the short time since the start of the year, making it more important than ever for dealers to understand the trends affecting their...
Featured Daily Automotive News

GM posts Q1 earnings, EV sales to rise, Stellantis cuts jobs

- April 23, 2024
Inside Automotive 6 key mental muscles for leaders in the dealership – Scott Mautz As a leader, it’s no secret that you’re going to face challenges, and you’re going to be truly...
Daily Newscast
Tesla is cutting the price of its FSD service as it looks to bolster demand amidst a cooldown in electric vehicle sales.

Tesla heavily discounts FSD price as Q1 earnings report looms

- April 22, 2024
Tesla has drastically lowered the lifetime price of its Full Self Driving (FSD) service ahead of the company's quarterly earnings report scheduled to be released on April 23. The electric vehicle...
Articles Headlines
EVs are progressing at varying rates depending on their (rural, urban, suburban) location, resulting in a noticeable difference in the usage.

Suburban areas expected to house majority of EVs by 2030, report says

- April 22, 2024
The electrification of vehicles is progressing at varying rates depending on their (rural, urban, suburban) location, resulting in a noticeable difference in the use of electric cars in the United...
Headlines Articles
GM and Ford have reduced expenses and delayed investments to pursue profit growth while focusing on their primary gasoline-powered cars.

GM and Ford prioritize gasoline cars in Q1 amidst EV challenges

- April 22, 2024
The market eagerly anticipates the first-quarter results of two leading U.S. automakers, General Motors (GM) and Ford. Despite facing challenges such as a slowdown in electric vehicle demand, increased competition...
Headlines Articles
Nissan has lowered its profit forecast due to a variety of factors ranging from shipping delays to increased competition in the U.S.

Nissan cuts profit forecast but still expects to beat prior year by wide margin

- April 19, 2024
Nissan has lowered its profit forecast for the fiscal year ended in March due to missed global sales targets. The Japanese automaker revealed the adjustment on Thursday, cutting its 2023 net...
Articles Headlines
On April 18, Republican attorneys general from 25 states filed a lawsuit against the U.S. Environmental Protection Agency (EPA).

Republican attorneys general sue EPA over emission standards

- April 19, 2024
On April 18, Republican attorneys general from 25 states filed a lawsuit against the U.S. Environmental Protection Agency (EPA). They claimed the agency had overstepped its legal jurisdiction to hinder...
Articles Headlines
In this week's top automotive stories, Tesla plans to lay off 10% of its workforce and Mexico refuses to give Chinese car makers incentives.

Automotive weekly roundup: Tesla layoffs, governors protest unions, Mexico refuses incentives

- April 19, 2024
Earlier this week: A leaked internal memo reveals that Tesla will lay off 10% of its global workforce after quarterly sales declined. New car inventory levels continue surging as the...
Articles Daily Automotive News


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