Lucid CEO Peter Rawlinson steps down amid $397M Q4 loss
On February 25, EV maker Lucid’s CEO, Peter Rawlinson, announced he would be stepping down after more than five years in that role. He will transition from strategic technical advisor...
TSLA377.940-2.18%
GM80.570-3.2%
F12.605-0.335%
RIVN15.2900.27%
CYD31.200-3.4%
HMC32.1900.04%
TM186.720-3.64%
CVNA64.1900.24%
PAG207.970-1.69%
LAD309.6002.58%
AN162.890-2.16%
GPI247.7900.28%
ABG179.940-1.58%
SAH62.4800.11%
TSLA377.940-2.18%
GM80.570-3.2%
F12.605-0.335%
RIVN15.2900.27%
CYD31.200-3.4%
HMC32.1900.04%
TM186.720-3.64%
CVNA64.1900.24%
PAG207.970-1.69%
LAD309.6002.58%
AN162.890-2.16%
GPI247.7900.28%
ABG179.940-1.58%
SAH62.4800.11%
TSLA377.940-2.18%
GM80.570-3.2%
F12.605-0.335%
RIVN15.2900.27%
CYD31.200-3.4%
HMC32.1900.04%
TM186.720-3.64%
CVNA64.1900.24%
PAG207.970-1.69%
LAD309.6002.58%
AN162.890-2.16%
GPI247.7900.28%
ABG179.940-1.58%
SAH62.4800.11%
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NHTSA cuts 4% of workforce amid ongoing Tesla investigations
The National Highway Traffic Safety Administration (NHTSA) confirmed Monday that it has reduced its workforce by 4% as part of broader federal efforts to eliminate probationary employees. The cuts come...
Security report reveals alarming trends in auto cybersecurity threats
There was a startling and sharp increase in cyber threats within the automotive industry in 2024. Despite regulatory scrutiny, cybercriminals are evolving faster than the industry can respond, increasing the...
Dealers doing good: Rick Case Automotive Group donates CPR training kits to save lives
In February, in recognition of Heart Month, the American Heart Association (AHA) partnered with Rick Case Automotive Group to donate 250 CPR Anytime Training Kits to Joe DiMaggio Children’s Hospital...
Stellantis chairman evaluates CEO candidates and brands future
As Stellantis chairman John Elkann leads the search for a new CEO, one of the automaker's biggest challenges is deciding the fate of its 14-brand portfolio. With brands ranging from...
Stellantis halts Brampton plant, Mizuno denies Tesla-Nissan deal, Rivian post Q4 results
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Stellantis halts Brampton plant operations amid Jeep Compass production reassessment. Read More
Tesla's Elon Musk and Hiro Mizuno deny involvement in Nissan investment talks. Read More
Rivian posts $170M profit in Q4...
Stellantis halts Brampton plant operations amid Jeep Compass production reassessment
Stellantis NV has decided to pause operations at its Brampton Assembly Plant in Ontario, Canada, while the company reviews its plans for the next-generation Jeep Compass SUV, scheduled to begin...
Rivian posts $170M profit in Q4 but forecasts lower sales for 2025
The electric vehicle (EV) maker, Rivian, reported robust fourth-quarter results, surpassing Wall Street earnings expectations and achieving its first-ever gross quarterly profit of $170 million. However, the EV maker anticipates...
Ferrari limits wild customizations to protect brand image and resale value
Welcome back to the latest episode of The Future of Automotive on CBT News, where we put recent automotive and mobility news into the context of the broader themes impacting the...
Weekly roundup: Asbury expands, Trump’s auto tariffs, Ford delays F-150
Earlier this week: Asbury Automotive acquired 33 dealerships from Herb Chambers Companies. Trump targets auto imports with new tariffs by April. Ford delays next-gen F-150 amid market uncertainty. IRS will...
