Ford slashes stock bonuses for middle managers in cost-cutting move
Ford is reducing stock bonuses for middle managers, with approximately half of eligible employees set to lose out on the incentive for 2024. The decision, seen as part of CEO...
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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Hyundai ramps up U.S. production to qualify for federal tax credit
After failing to qualify for the federal EV tax credit, Hyundai is intensifying its efforts to regain eligibility by ramping up U.S. production and sourcing more electric vehicle (EV) battery...
Trump administration takes aim at California’s zero-emission mandates
The Trump administration is taking steps to challenge California’s authority to set stricter vehicle emissions standards, targeting rules that mandate the sale of zero-emission vehicles (ZEVs). On Friday, Environmental Protection...
Urban Science: U.S. automotive dealership count increased in 2024; new post-pandemic throughput high expected in 2025
DETROIT, February 13, 2025 – Urban Science® today announced its 2024 year-end Automotive Franchise Activity Report (FAR), which reveals continued stability across the U.S. automotive retail network last year. As of December...
South Carolina direct EV sales bill stalls in legislature
A bill that would have allowed electric vehicle manufacturers to sell directly to consumers in South Carolina has stalled in the legislature, effectively ending its chances for this session. Lawmakers...
Tesla’s robotaxi plans under scrutiny after Cybertruck FSD crash
A recent crash involving a Tesla Cybertruck utilizing the Full Self-Driving (FSD) mode has reignited concerns and skepticism over the reliability of Tesla's autonomous software.
This unfortunate incident occurred days...
Weekly roundup: Trump imposes reciprocal tariffs, GM, Ford prepare for incoming tariffs, Republicans look to scrap federal EV credit
Earlier this week: President Trump imposed reciprocal tariffs and eliminated steel and aluminum tariff exclusions. General Motors and Ford prepare for the impact of Trump's tariffs on Canada and Mexico. Senate...
Senate Republicans move to scrap federal EV tax credits, impose new $1,000 fee
On February 12, Senate Republicans introduced two bills to eliminate federal electric vehicle (EV) tax credits and impose a new $1,000 fee on EV purchases to fund road repairs.
The...
Honda, Nissan officially end merger talks, shift focus toward strategic ‘partnership’
Honda and Nissan confirmed they will no longer pursue a merger but will continue collaborating through a "strategic partnership" focused on electric and intelligent vehicle development.
The two Japanese automakers signed...
China imposes 10% additional tariff on U.S. as trade tensions persist
During the latest round of tariffs on U.S. imports, China's took effect on Monday, imposing an additional 10% duty on vehicles with engines larger than 2.5 liters. This brings the...
