Rivian trims workforce by 1.5% ahead of new R2 SUV
On the Dash:
Rivian is cutting less than 1.5% of its staff, mainly from its commercial team, to reduce costs ahead of the R2 launch.
The company lost $1.1 billion...
TSLA377.6404.84%
GM76.8500.23%
F11.905-0.335%
RIVN16.3500.29%
CYD40.9700.89%
HMC24.2450.245%
TM191.8300.57%
CVNA380.760-15.82999%
PAG172.1300.47%
LAD293.5002.5%
AN208.7503.06%
GPI350.3851.17501%
ABG201.350-0.04%
SAH78.5855.275%
TSLA377.6404.84%
GM76.8500.23%
F11.905-0.335%
RIVN16.3500.29%
CYD40.9700.89%
HMC24.2450.245%
TM191.8300.57%
CVNA380.760-15.82999%
PAG172.1300.47%
LAD293.5002.5%
AN208.7503.06%
GPI350.3851.17501%
ABG201.350-0.04%
SAH78.5855.275%
TSLA377.6404.84%
GM76.8500.23%
F11.905-0.335%
RIVN16.3500.29%
CYD40.9700.89%
HMC24.2450.245%
TM191.8300.57%
CVNA380.760-15.82999%
PAG172.1300.47%
LAD293.5002.5%
AN208.7503.06%
GPI350.3851.17501%
ABG201.350-0.04%
SAH78.5855.275%
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Can legacy automakers adapt before China takes the EV lead?
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 industry.
I’m...
Audi debuts Concept C electric sports car as brand shifts focus amid tariffs, EV slowdown
On the Dash:
The Concept C, a two-seat, all-electric sports car, debuts with a minimalist Bauhaus-inspired design and will enter production in 2027, targeting exclusive but attainable pricing.
CEO Gernot...
Audi sets sights on 2M annual sales as U.S. expansion looms
On the Dash:
Audi is targeting record global sales of 2 million vehicles annually as part of a long-term growth strategy, following recent declines and setbacks.
The U.S. market is...
Automakers roll out 0% APR financing for Labor Day clearance sales
On the Dash:
Automakers are rolling out widespread 0% APR financing offers for Labor Day 2025 to clear out inventory ahead of the arrival of 2026 models.
Major brands like...
Legacy automakers lean on Silicon Valley talent to tackle AI challenge
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 industry.
I’m...
Tesla faces 40% drop in European sales as BYD surges
On the Dash:
Tesla’s European sales dropped 40% in July, while BYD surged 225%, highlighting a shift in market dynamics.
Tesla struggles with aging models, delayed refreshes, reputational challenges, and...
Porsche halts Cellforce battery production plans
On the Dash:
Porsche is dropping Cellforce battery production amid slowing EV demand.
Roughly 200 of 300 jobs will be eliminated.
Cellforce will become an R&D center, with some roles...
Rivian bets on $45k R2 SUV to drive growth
On the Dash:
At $45,000, the R2 brings Rivian closer to mainstream buyers, signaling more attainable EV options for customers.
Higher import costs and the loss of tax credits will...
California emissions rules CHANGED everything, but SCREWED six carmakers
There is a real-life drama unfolding for six major automakers—Ford, Honda, Volkswagen, BMW, Aston Martin, and Volvo—who are locked into California’s strict emissions rules through 2026, thanks to contracts they...
