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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Tesla tax credit

In an updated guidance, Tesla is now eligible for $4,000 used EV tax credit

- August 8, 2023
A significant feature of the Inflation Reduction Act is the tax credit for used electric vehicles. The credit, which has a maximum value of $4,000, is available for used EVs,...
Scott Gruwell of Courtesy Automotive Group joins Inside Automotive to discuss what car dealers can expect to see for the remainder of 2023.

The halfway point: where car dealers see themselves in the next 6 months — Scott Gruwell | Courtesy Automotive Group

- August 8, 2023
For the better part of seven decades, the Courtesy Automotive Group, one of the top car dealers in the U.S., has been known for its innovative solutions and a strong...
Electric vehicle maker, Lucid, cut prices of its Air luxury sedans by as much as $12,400. The cuts are part of an ongoing offer amid rising competition in the U.S. EV industry and a price war sparked by Tesla.

Lucid slashes price of its Air sedan due to growing competition

- August 7, 2023
Electric vehicle maker, Lucid, cut prices of its Air luxury sedans by as much as $12,400. The cuts are part of an ongoing offer amid rising competition in the U.S....
On today’s CBT NOW, we’re pleased to welcome back Karl Brauer, the Executive Analyst for iSeeCars.com, where Brauer will shed some insight into the numbers and what’s happening with the turbulent used car market overall.

Examining the ‘turbulent’ used car market — Karl Brauer | iSeeCars

- August 7, 2023
According to the most recent iSeeCars study, used electric vehicle prices have fallen by nearly 30%! On today’s CBT Now, we’re pleased to welcome back Karl Brauer, the Executive Analyst...

Hyundai, Kia, and Genesis owners file lawsuit over faulty charging ports

- August 4, 2023
Owners of all-electric vehicles sold by Hyundai, Kia, and Genesis in the US have brought a class-action lawsuit against the automakers, alleging that some of their models have faulty charging...
Nikola names Stephen Grisky as new CEO

Nikola names Stephen Girsky as its fourth CEO

- August 4, 2023
On August 4, the electric vehicle manufacturer Nikola named its fourth CEO in several years as it attempts to negotiate several difficulties, such as dwindling cash reserves, supply chain limitations,...
Earlier this week: UAW pres. Shawn Fain revealed union demands, Toyota's global sales rose 5.1% in the first half of 2023, and more headlines to stay on top of this week in automotive industry news.

Weekly roundup: UAW shares member demands, Tesla faces class action lawsuit, Toyota Q2 results

- August 4, 2023
Earlier this week: United Auto Workers president Shawn Fain revealed the list of UAW member demands to the Detroit Three. Three California Tesla owners filed a class action lawsuit against...

Tesla faces another lawsuit, Hyundai breaks EV sales record, GM reaches first union agreement

- August 4, 2023
Inside Automotive  Examining electric vehicle demand in America's largest car market — Brian Maas | CNCDA The California New Car Dealers Association (CNCDA) recently published its 2023 California Auto Outlook report, shedding...
Cruise robotaxi, a division of General Motors, announced on August 3rd that it had signed the first labor union agreement in the autonomous vehicle industry. This marked a significant turning point, given the long-lasting hostility between unions and robotaxi firms. 

GM reaches first robotaxi union agreement

- August 3, 2023
Cruise robotaxi, a division of General Motors, announced on August 3rd that it had signed the first labor union agreement in the autonomous vehicle industry. This marked a significant turning...
Tesla faces a lawsuit for falsely reporting its estimated driving range.

Tesla faces a lawsuit for falsely reporting its estimated driving range

- August 3, 2023
On August 2, 2023, three Tesla owners in California filed a proposed class action lawsuit against the automaker, accusing it of misrepresenting the estimated contents of their electric vehicles. The lawsuit...