TSLA435.790-6.31%
GM83.240-1.11%
F17.4400.79%
RIVN16.3001.1%
CYD56.7200.39%
HMC26.990-0.3%
TM189.950-1.89%
CVNA73.000-0.49%
PAG167.370-0.8%
LAD290.890-4.73%
AN187.720-6.02%
GPI316.340-10.09999%
ABG187.710-7.04%
SAH82.620-1.12%
TSLA435.790-6.31%
GM83.240-1.11%
F17.4400.79%
RIVN16.3001.1%
CYD56.7200.39%
HMC26.990-0.3%
TM189.950-1.89%
CVNA73.000-0.49%
PAG167.370-0.8%
LAD290.890-4.73%
AN187.720-6.02%
GPI316.340-10.09999%
ABG187.710-7.04%
SAH82.620-1.12%
TSLA435.790-6.31%
GM83.240-1.11%
F17.4400.79%
RIVN16.3001.1%
CYD56.7200.39%
HMC26.990-0.3%
TM189.950-1.89%
CVNA73.000-0.49%
PAG167.370-0.8%
LAD290.890-4.73%
AN187.720-6.02%
GPI316.340-10.09999%
ABG187.710-7.04%
SAH82.620-1.12%

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The move comes as GM invests approximately $390 million into the Fairfax facility to facilitate the production of the new Chevrolet Bolt EV.

Weekly roundup: Say good-bye to the Chevy Bolt EV, Tesla shareholders unhappy with Musk, California reaches EV milestone

- April 28, 2023
Earlier this week: Production will end for Chevrolet's most affordable EV, the Chevy Bolt; the International Energy Agency (IEA) released its Global EV Outlook for 2023, California reached its ambitious EV...
Articles Daily Automotive News
Stellantis is offering buyouts to U.S. salaried employees to cut costs after a significant drop in net income during the years first half

Stellantis offers 3,500 employee buyouts to make way for EVs

- April 26, 2023
Stellantis is looking to reduce its hourly workforce by as many as 3,500 employees through buyouts.  Last week, Shawn Fain, the recently elected president of the UAW, and Stellantis spoke about...
Headlines Articles
Chris Kari, dealer principal at Kari Toyota in Superior, Wisconsin, spoke with CBT News about how he turned a last-ditch effort to curb fleet costs into a money-making rental program.

Q&A with Toyota dealer Chris Kari: Can daily rentals make fleet programs profit centers?

- April 26, 2023
The cost of courtesy loaner fleets presents a familiar challenge for every dealer: Spend on cars that can win customers and increase some RO values, or save on fleet costs...
Sales & Marketing Articles

GM stops making Chevy Bolt, Hyundai finalizes $5 billion EV plant, Tesla passes global sales milestone

- April 26, 2023
Inside Automotive  NADA President Mike Stanton on building bridges between OEMs and dealers The role dealers play in shaping the future of the car business is more essential than ever, but do...
Daily Newscast
GM 2023 guidance, Fairfax

GM to stop making Chevy Bolt after increasing 2023 guidance

- April 25, 2023
Coming off one of its most successful quarters, General Motors has revised its 2023 guidance to account for greater earnings and revenue than it previously anticipated. The automaker surpassed Q1 expectations...
Articles Headlines
NADA president Mike Stanton

NADA President Mike Stanton on building bridges between OEMs and dealers

- April 25, 2023
 The role dealers play in shaping the future of the car business is more essential than ever, but do manufacturers see it that way? On this episode of Inside Automotive,...
Daily Automotive News Inside Automotive
Don Hall, Inside Automotive

VADA President Don Hall talks EVs and warranty service: ‘We can work this out’

- April 25, 2023
Don Hall, president and CEO of the Virginia Automobile Dealers Association, is one of the industry's most recognized thought leaders, often leading the charge to solve problems affecting retailers and...
Inside Automotive Daily Automotive News

Shareholders pen open letter to Tesla, California reaches EV target, GM recalls 40,000 Chevy trucks

- April 25, 2023
Inside Automotive  VADA President Don Hall talks EVs and warranty service: ‘We can work this out’ Don Hall, president and CEO of the Virginia Automobile Dealers Association, is one of the industry's...
Daily Newscast
Chevrolet trucks, Silverado recall

GM recalls over 40,000 Chevrolet trucks over fire-causing brake fluid leak

- April 24, 2023
General Motors is recalling over 40,000 Chevrolet trucks after discovering a potential fire hazard in certain models. The recall affects 40,428 Silverado pickups built between 2019 and 2023, specifically the 6500HD,...
Articles Headlines
California EVs

California reaches 1.5 million EV target two years ahead of schedule

- April 24, 2023
The California Energy Commission says The Golden State hit its previously designed EV sales target of 1.5 million EVs two years ahead of its anticipated 2025 goal. Thanks to the...
Articles Headlines


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