Porsche halts Cellforce battery production plans
On the Dash:
Porsche is dropping Cellforce battery production amid slowing EV demand.
Roughly 200 of 300 jobs will be eliminated.
Cellforce will become an R&D center, with some roles...
TSLA433.5907.58%
GM79.7901%
F15.3250.395%
RIVN14.3900.17%
CYD59.0401.69%
HMC26.420-0.05%
TM190.0901.01%
CVNA70.1501.87%
PAG166.5901.86%
LAD283.0506.47%
AN191.7601.78%
GPI329.6303.45%
ABG190.0202.3%
SAH78.6900.53%
TSLA433.5907.58%
GM79.7901%
F15.3250.395%
RIVN14.3900.17%
CYD59.0401.69%
HMC26.420-0.05%
TM190.0901.01%
CVNA70.1501.87%
PAG166.5901.86%
LAD283.0506.47%
AN191.7601.78%
GPI329.6303.45%
ABG190.0202.3%
SAH78.6900.53%
TSLA433.5907.58%
GM79.7901%
F15.3250.395%
RIVN14.3900.17%
CYD59.0401.69%
HMC26.420-0.05%
TM190.0901.01%
CVNA70.1501.87%
PAG166.5901.86%
LAD283.0506.47%
AN191.7601.78%
GPI329.6303.45%
ABG190.0202.3%
SAH78.6900.53%
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UAW claims victory in union vote at Ford JV plant
On the Dash:
The UAW won the majority vote to unionize at a Ford joint venture battery plant in Glendake, Kentucky.
There are 41 pending challenge ballots, which the union...
Trump to praise Detroit automakers for boosting U.S. jobs and production
On the Dash:
President Trump claims tariffs are driving U.S. auto production and job growth, citing investments from Ford, GM, Stellantis, and Hyundai.
Actual production gains remain modest, with increases...
Colin Carrasquillo introduces AI-powered DriveSona to transform auto retail
Car shopping can be overwhelming for consumers, but what if their next car found them? On the latest episode of CBT Now, Colin Carrasquillo, digital marketing partner at Nielsen Auto Group and the host of Marketing...
IRS gives EV buyers deadline relief on $7,500 tax credit
On the Dash:
Dealers can reassure customers that signing a binding contract and making a payment before Sept. 30 locks in the $7,500 federal EV tax credit, even if the...
Hyundai to invest $26B in U.S. to expand jobs, tech, manufacturing
On the Dash:
Hyundai’s new steel mill in Louisiana and increased auto production capacity mean a more stable supply for vehicles sold in the U.S., giving dealers confidence in inventory...
California emissions rules CHANGED everything, but SCREWED six carmakers
There is a real-life drama unfolding for six major automakers—Ford, Honda, Volkswagen, BMW, Aston Martin, and Volvo—who are locked into California’s strict emissions rules through 2026, thanks to contracts they...
Trump’s car loan tax deduction offers modest savings on US cars
On the Dash:
The deduction applies to new, U.S.-assembled vehicles purchased from 2025 to 2028.
The deduction applies at tax time, not at the point of sale.
Eligibility is limited...
Weekly roundup: Detroit automakers lock in steel deals, used and CPO sales jump, California updates EV rules
ICYMI: Detroit automakers lock in steel deals to shield from tariff costs. Used and CPO car sales jump as buyers seek affordability. California boosts EV incentives and charging access. Tesla...
Tesla launches $0-down leases on used EVs to boost Q3 sales
On the Dash:
Tesla is now offering leases on certified pre-owned Model 3 and Model Y vehicles in California and Texas, with $0 down and monthly payments starting at $215,...
