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...
TSLA304.660-2.78%
GM90.8500.55%
F15.5450.585%
RIVN16.570-0.12%
CYD45.270-1.16%
HMC30.9100.63%
TM194.9908.69%
CVNA68.2602.19%
PAG225.2455.235%
LAD431.49073.18%
AN234.14013.81%
GPI375.11024.46%
ABG255.20014.21%
SAH113.1008.41%
TSLA304.660-2.78%
GM90.8500.55%
F15.5450.585%
RIVN16.570-0.12%
CYD45.270-1.16%
HMC30.9100.63%
TM194.9908.69%
CVNA68.2602.19%
PAG225.2455.235%
LAD431.49073.18%
AN234.14013.81%
GPI375.11024.46%
ABG255.20014.21%
SAH113.1008.41%
TSLA304.660-2.78%
GM90.8500.55%
F15.5450.585%
RIVN16.570-0.12%
CYD45.270-1.16%
HMC30.9100.63%
TM194.9908.69%
CVNA68.2602.19%
PAG225.2455.235%
LAD431.49073.18%
AN234.14013.81%
GPI375.11024.46%
ABG255.20014.21%
SAH113.1008.41%
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Cyberattacks on the rise, NHTSA workforce cuts, February sales rebound
Top Stories
Security report reveals alarming trends in auto cybersecurity threats. Read More
NHTSA cuts 4% of workforce amid ongoing Tesla investigations. Read More
Cox Automotive predicts a slight rebound in February's new vehicle sales. Read...
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...
Trump blocks NYC toll plan, Cybertruck earns five stars, Carvana beats Q4 estimates
Top Stories
Trump administration blocks New York’s congestion pricing plan. Read More
NHTSA awards Tesla's Cybertruck five-star safety rating. Read More
Carvana beats Q4 estimates, projects strong growth for 2025. Read More
Wholesale used-vehicle prices dip in...
S.C. dealers secure victory as lawmakers reject Scout Motors’ sales model – E. Sims Floyd, Jr. | SCADA
A South Carolina bill that would have allowed Volkswagen’s Scout Motors to bypass the traditional franchise dealer system has been halted in a unanimous 8-0 committee vote. Sims Floyd Jr.,...
Ford slashes stock bonuses for middle managers in cost-cutting move
Ford is reducing stock bonuses for middle managers, with approximately half of eligible employees set to lose out on the incentive for 2024. The decision, seen as part of CEO...
Trump administration takes aim at California’s zero-emission mandates
The Trump administration is taking steps to challenge California’s authority to set stricter vehicle emissions standards, targeting rules that mandate the sale of zero-emission vehicles (ZEVs). On Friday, Environmental Protection...
South Carolina direct EV sales bill stalls in legislature
A bill that would have allowed electric vehicle manufacturers to sell directly to consumers in South Carolina has stalled in the legislature, effectively ending its chances for this session. Lawmakers...
SC EV sales bill stalls, Cybertruck crash sparks concerns, U.S. inflation hits 3%
Top Stories
South Carolina direct EV sales bill stalls in legislature. Read More
Tesla Cybertruck crash raises concerns about self-driving technology. Read More
U.S. inflation rises 3% in January, delaying hopes for Fed rate cuts....
New vehicle prices drop 2.2% in January as luxury sales cool
According to the latest report from Cox Automotive’s Kelley Blue Book, new vehicle prices declined in January, with the average transaction price (ATP) falling 2.2% from December to $48,641. However,...
