TSLA374.1409.87%
GM84.4002.1998%
F13.2110.001%
RIVN15.4250.435%
CYD35.060-0.34%
HMC32.6250.425%
TM193.2901.76%
CVNA67.7702.66%
PAG213.7601.15%
LAD317.5751.305%
AN169.4301.14%
GPI251.5005.08%
ABG184.6101.55%
SAH66.2902.63%
TSLA374.1409.87%
GM84.4002.1998%
F13.2110.001%
RIVN15.4250.435%
CYD35.060-0.34%
HMC32.6250.425%
TM193.2901.76%
CVNA67.7702.66%
PAG213.7601.15%
LAD317.5751.305%
AN169.4301.14%
GPI251.5005.08%
ABG184.6101.55%
SAH66.2902.63%
TSLA374.1409.87%
GM84.4002.1998%
F13.2110.001%
RIVN15.4250.435%
CYD35.060-0.34%
HMC32.6250.425%
TM193.2901.76%
CVNA67.7702.66%
PAG213.7601.15%
LAD317.5751.305%
AN169.4301.14%
GPI251.5005.08%
ABG184.6101.55%
SAH66.2902.63%

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automotive industry news

Weekly Roundup: Dealer principal Mike Maroone’s view from the top and Tesla retaliates to union campaign

- February 17, 2023
Weekly Roundup: Tesla workers launched a unionizing campaign at Giga New York—layoffs swiftly followed, Toyota visionary Shoichiro Toyoda passed away at 97, Hyundai unveiled vehicle subscription service Evolve+, and more headlines to...
U.S. luxury market

Tesla wins top spot in U.S. luxury market, first American winner in 25 years

- February 17, 2023
Tesla has become the first American brand in 25 years to reach the top of the U.S. luxury market, beating out 2021's winner BMW. In total, the EV maker sold 491,000...
lightning factory

Ford Lightning factory shuts down for three weeks due to a battery related fire

- February 16, 2023
Ford's F-150 Lightning factory in Dearborn, Michigan has been shut down since last week due to a fire caused by a battery issue. The facility, which the automaker predicted would build...

Tesla commits to Biden plan, Ford Lightning factory on hold, new vehicle affordability improves

- February 16, 2023
Inside Automotive Why preparation and adaptability are key for auto dealers in 2023 — Mike Maroone Although the 2023 car business is off to a strong start, dealers are anxious to avoid...
Jonathan Smoke 2023 car market

What January’s success can tell us about the 2023 car market — Jonathan Smoke

- February 15, 2023
As the dust settles on the 2023 car market, dealers are obsessively watching for signs of change. The year promises to be pivotal for the automotive industry, and even though...
sports car

The evolution of the American sports car

- February 15, 2023
It restates the obvious that every segment of the auto industry is undergoing changes due to the rush toward electrification. Nowhere is this more evident than with the sports cars...
price cuts

What Tesla’s price cuts really mean, and why automakers are indifferent — Kevin Tynan

- February 14, 2023
Earlier this year, Tesla made some unexpected price cuts across its lineup, leading to a range of reactions in the car market. While some were simply happy for the lower...

Magna expands its Michigan workforce after securing the GM Silverado EV contract

- February 14, 2023
A major auto supplier, Magna International, was awarded the contract to provide the battery enclosures for the 2024 Chevrolet Silverado electric pickup.  Battery enclosures, which store high-voltage batteries, electrical parts, sensors,...
Koji Sato

Restructuring Toyota’s EV strategy is the top priority for the next CEO

- February 14, 2023
With a new leadership team recently introduced, Toyota's incoming CEO, Koji Sato, has pledged to "drastically" rework the automaker's sluggish EV strategy in order to rebuild the largest automaker in...
LFP

Ford and CATL confirm new LFP battery factory, announce location

- February 14, 2023
Yesterday afternoon, Ford and Chinese battery maker CATL confirmed a new lithium iron phosphate (LFP) battery factory in Michigan. The news arrives some weeks after Virginia Governor Glenn Youngkin refused to...
CBT News
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