TSLA435.790-6.31%
GM83.240-1.11%
F17.4400.79%
RIVN16.3001.1%
CYD56.7200.39%
HMC26.990-0.3%
TM189.950-1.89%
CVNA73.000-0.49%
PAG167.370-0.8%
LAD290.890-4.73%
AN187.720-6.02%
GPI316.340-10.09999%
ABG187.710-7.04%
SAH82.620-1.12%
TSLA435.790-6.31%
GM83.240-1.11%
F17.4400.79%
RIVN16.3001.1%
CYD56.7200.39%
HMC26.990-0.3%
TM189.950-1.89%
CVNA73.000-0.49%
PAG167.370-0.8%
LAD290.890-4.73%
AN187.720-6.02%
GPI316.340-10.09999%
ABG187.710-7.04%
SAH82.620-1.12%
TSLA435.790-6.31%
GM83.240-1.11%
F17.4400.79%
RIVN16.3001.1%
CYD56.7200.39%
HMC26.990-0.3%
TM189.950-1.89%
CVNA73.000-0.49%
PAG167.370-0.8%
LAD290.890-4.73%
AN187.720-6.02%
GPI316.340-10.09999%
ABG187.710-7.04%
SAH82.620-1.12%

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On May 8, GM announced that it would stop making the gasoline-powered Chevrolet Malibu later this year to focus on building new EVs.

GM halts Chevrolet Malibu production for electric future, invests $390M in Kansas plant

- May 9, 2024
On May 8, General Motors announced that it would stop making the gasoline-powered Chevrolet Malibu later this year to focus on building new electric cars. GM is demonstrating its commitment to...
Wholesale used vehicle prices continued to weaken in April, with luxury models retaining more value than others.

Wholesale used vehicle prices dip in April as retail sales cool

- May 8, 2024
Wholesale used vehicle prices in April continued declines observed throughout the first quarter, with retail sales taking a hit as tax season drew to a close. Cox Automotive's Manheim Used Vehicle...
Toyota is making additional investments into its Indiana factory as it looks to build three new electric SUVs in the U.S.

Toyota investing $1.4 billion to build 3 new electric SUVs

- April 26, 2024
Toyota is spending an extra $1.4 billion on U.S. manufacturing as it looks to ramp up its electric vehicle lineup while qualifying for tax credits.  The new investments will fund the production of...
New vehicle demand remains on track to make 2024 the best sales year since the COVID-19 pandemic, despite a small speed bump in April.

New vehicle sales set to fall in April but maintain healthy pace

- April 25, 2024
New vehicle sales are set to decline in April after a strong first quarter but will maintain a healthy pace thanks to better affordability, more inventory, and stable demand. Cox Automotive...

Rivian offers ‘Electric Upgrade’ discounts of up to $5k with combustion trade-ins

- April 23, 2024
Electric vehicle start-up Rivian is offering an "Electric Upgrade" promotion to new customers who trade in specific combustion models in honor of Earth Day.  Eligible customers can receive discounts ranging from...
Honda, gas-powered

NHTSA investigates over 3 million Honda vehicles after 47 crashes reported

- April 17, 2024
On April 17, the U.S. National Highway Traffic Safety Administration (NHTSA) made a significant announcement. It revealed that it had escalated its investigation into a serious issue- the abrupt activation...
EV startup Fisker expands dealer network to improve finances. New dealer in Miami and Europe added after price cut for Ocean electric SUV.\

Fisker expands dealer network after Ocean electric SUV price cuts

- April 16, 2024
California-based electric vehicle (EV) startup Fisker is seeking to improve its financial situation by expanding its dealer network. The company has recently recruited a new dealer in Miami and several...
Used vehicle values dropped in March compared to last year but remained mostly stable from February, despite an increase in sales.

Used vehicle prices dip again in March amidst sales surge

- April 8, 2024
Used vehicle prices at auction were stable month-over-month in March but declined sharply from last year, following months of normalizing inventory levels in both the new and pre-owned markets. Cox Automotive...
Ford delays Canadian release of electric pickup and three-row EV

Ford delays Canadian release of electric pickup and three-row EV

- April 5, 2024
On April 4, Ford Motor announced that it had postponed the release of its next-generation electric pickup truck and its three-row EV vehicles in Canada due to the global slowdown...
Ford reported a strong Q1 sales performance, increasing its market share due to its diverse range of gas, hybrid, and electric vehicles.

Ford’s diverse vehicle range and innovative features are driving strong Q1 sales

- April 4, 2024
In the first quarter (Q1), Ford had a strong sales performance and achieved growth in its market share. This growth was due to the company's diverse range of vehicles, including...