TSLA313.030-6.66%
GM82.6401.97%
F14.3500.2%
RIVN15.840-0.62%
CYD45.070-0.77%
HMC28.1600.17%
TM177.4200.62%
CVNA60.4600.27%
PAG217.3501.81%
LAD340.9506.93%
AN208.1803.08%
GPI330.8704.19%
ABG225.2403.1%
SAH99.8200.71%
TSLA313.030-6.66%
GM82.6401.97%
F14.3500.2%
RIVN15.840-0.62%
CYD45.070-0.77%
HMC28.1600.17%
TM177.4200.62%
CVNA60.4600.27%
PAG217.3501.81%
LAD340.9506.93%
AN208.1803.08%
GPI330.8704.19%
ABG225.2403.1%
SAH99.8200.71%
TSLA313.030-6.66%
GM82.6401.97%
F14.3500.2%
RIVN15.840-0.62%
CYD45.070-0.77%
HMC28.1600.17%
TM177.4200.62%
CVNA60.4600.27%
PAG217.3501.81%
LAD340.9506.93%
AN208.1803.08%
GPI330.8704.19%
ABG225.2403.1%
SAH99.8200.71%

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EV brand Polestar revealed it has secured external funding as it looks to launch the next phase of its business plan.

Polestar secures financing, delays earnings, operations report

- February 28, 2024
Swedish electric vehicle brand Polestar announced today it had secured millions in external funding as it shared encouraging news of its finances and business growth. The Volvo-owned company said that a...
Ford dodges UAW strike, used car prices fall, EV startups report Q4 earnings, Fisker expands dealer network, and Cruise shakes things up.

Weekly roundup: Ford averts UAW strike, Fisker expands dealer network, Cruise leadership shakeup

- February 23, 2024
Earlier this week: Ford narrowly averted a UAW strike at its Kentucky Truck Plant by reaching a tentative agreement. A ratification vote is pending for the facility's 9,000 employees. Meanwhile,...

EV startups post Q4 losses, UAW to spend $40 million, new range anxiety study

- February 23, 2024
  Top Stories Three electric vehicle startups, Lucid, Rivian, and VinFast, posted their fourth-quarter results this week amidst a backdrop of souring forecasts on the battery-powered car segment, fueled by lower-than-expected sales...
Electric vehicle brands Lucid, Rivian, and VinFast posted financial results this week that underscored the market's current struggles.

Electric vehicle startups post mixed Q4 earnings results

- February 22, 2024
Three electric vehicle startups, Lucid, Rivian, and VinFast, posted their fourth-quarter results this week amidst a backdrop of souring forecasts on the battery-powered car segment, fueled by lower-than-expected sales and...

Vandals set fire to Waymo robotaxi, vehicle financing trends, Rivian slashes R1T, R1S prices

- February 13, 2024
Inside Automotive  How this independent dealership prioritizes affordability and beats the odds – Scott Dooley | Carbox Independent car dealers are essential in offering diverse and personalized experiences to consumers. However, they...
Rivian, the electric truck and SUV manufacturer has cut $3,100 off the base models in anticipation of the release of its more affordable R2.

Rivian shaves off over $3,000 for R1T and R1S base models

- February 12, 2024
As demand for EVs declines in the face of a faltering economy, automakers have slashed their costs for EVs during the past year. Before companies like Ford and Lucid followed...
Dealers' EV concerns, auto retail gains, UAW campaign, Rivian leasing, and Sheehy Auto's charity— all in one article.

Weekly roundup: dealers confront Biden on EV policy, UAW expands unionization, Rivian introduces leases

- December 1, 2023
Earlier this week: Thousands of U.S. dealerships, operating as "EV Voice of the Customer," expressed concerns to President Biden about proposed emissions standards in an open letter. Nov. U.S. new-vehicle...

UAW’s bold unionization plans, Chevy’s SUV redesign, Ford’s revised economic forecast

- December 1, 2023
Inside Automotive  The current state of the buy/sell market and dealerships valuations – Alan Haig | Haig Partners Typically, dealerships’ value is compromised of tangible assets such as cash, inventory, equipment, and goodwill....
Notably, the UAW is not guaranteeing the successful organization of every plant or automaker participating in this campaign.

UAW launches ambitious campaign to unionize non-Detroit automakers

- November 30, 2023
The United Auto Workers (UAW) union has announced a bold initiative to organize 13 non-union automakers operating in the United States. This announcement comes in the wake of the UAW's...
Joining us on the latest episode of CBT Now,  with a look inside the LA Auto Show and the Edmunds Q3 Used Vehicle Report, is Jessica Caldwell

How the LA Auto Show expands the automotive footprint – Jessica Caldwell | Edmunds

- November 21, 2023
After years of pricing instability and other disruptions brought on by early COVID-19-era supply chain losses, the used car industry is undergoing a course correction. The car-shopping experts at Edmunds...
CBT News
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