TSLA348.750-6.06001%
GM86.2700.09%
F13.870-0.08%
RIVN16.070-0.73%
CYD38.210-2.18%
HMC31.8600.53%
TM194.4802.48%
CVNA74.040-0.05%
PAG217.010-0.84%
LAD370.360-0.68%
AN200.0901.34%
GPI263.9501.91%
ABG211.6200.95%
SAH79.6800.39%
TSLA348.750-6.06001%
GM86.2700.09%
F13.870-0.08%
RIVN16.070-0.73%
CYD38.210-2.18%
HMC31.8600.53%
TM194.4802.48%
CVNA74.040-0.05%
PAG217.010-0.84%
LAD370.360-0.68%
AN200.0901.34%
GPI263.9501.91%
ABG211.6200.95%
SAH79.6800.39%
TSLA348.750-6.06001%
GM86.2700.09%
F13.870-0.08%
RIVN16.070-0.73%
CYD38.210-2.18%
HMC31.8600.53%
TM194.4802.48%
CVNA74.040-0.05%
PAG217.010-0.84%
LAD370.360-0.68%
AN200.0901.34%
GPI263.9501.91%
ABG211.6200.95%
SAH79.6800.39%


auto industry news

CEO Warren Buffet and vice chairman Charlie Munger expressed uncertainty over the electric vehicle market and its current competitive makeup

Warren Buffet, Charlie Munger decline to pick winner in EV race

- May 8, 2023
In remarks given during a weekend conference, CEO Warren Buffet and vice chairman Charlie Munger, both of investment firm Berkshire Hathaway, expressed uncertainty over the electric vehicle market and its...
Ford

Farley confirms Apple CarPlay, Android Auto will stay in Ford vehicles

- May 8, 2023
CEO Jim Farley reaffirmed Ford's commitment to continue supporting third-party apps such as Apple CarPlay and Android Auto in its vehicles during a May 4 interview with the Wall Street...
Don Hall

What dealerships need to do to attract tomorrow’s top talent — Don Hall | VADA

- May 8, 2023
Welcome back to another edition of Inside Automotive with your host Jim Fitzpatrick, on the CBT Automotive News Network. We are pleased to be joined again by Don Hall, President...
UAW won't endorse Biden without EV promises, call Trump re-election a "disaster"

UAW won’t endorse Biden without EV promises, calls Trump re-election a ‘disaster’

- May 4, 2023
The United Auto Workers (UAW) union is refusing to endorse President Biden's reelection campaign until his administration addresses concerns arising from the electrification of the auto industry. In a letter, newly-seated...
Federal Reserve raises interest rates, not sure on inflation

Federal Reserve raises interest rates, says economy is ‘closer’ to end of hikes

- May 4, 2023
Although May 3 saw interest rates rise for the tenth time since March 2022, the Federal Reserve has seemingly adopted a new stance on inflation. The Federal Funds Rate now sits...
Stellantis makes progress in Q1, sees easing semiconductor shortage

Stellantis makes progress in Q1, sees easing semiconductor shortage

- May 3, 2023
Higher prices and stabilizing supply chains allowed Stellantis to push first-quarter revenues and shipments ahead of their 2022 numbers. The automaker reported net revenues of approximately €47.2 billion ($52 billion) for...
Ford sees sales, profits increase in Q1, but struggles with EV segment

Ford sees sales, profits increase in Q1, but struggles with EV segment

- May 3, 2023
The first quarter brought stronger sales volume, cash flow and profits for American auto manufacturer Ford, according to its earnings summary released May 2. The Blue-Oval brand saw revenues increase 20%...
Hyken employees experience

Shep Hyken’s top 3 ‘Golden Rules’ to improve the employee experience

- May 3, 2023
Employee experience should be prioritized and invested in as it ultimately impacts your bottom line. Joining us on another episode of Inside Automotive is Shep Hyken, customer service, and experience...
Lordstown Motors at risk of bankruptcy after Foxconn threats

Lordstown may face bankruptcy after Foxconn threatens to withdraw funding

- May 2, 2023
Lordstown Motors could face bankruptcy after allegedly breaching its contract with Taiwanese technology manufacturer Foxconn. According to Lordstown's filing with the Securities and Exchange Commission (SEC) on Monday, May 1, the...
Hyundai and Kia

Hyundai and Kia see sales growth over April, gain steam after successful Q1

- May 2, 2023
Hyundai and Kia continued to see strong U.S. sales post-first-quarter, according to April sales reports released Tuesday, May 2. Hyundai's monthly U.S. sales totaled 70,812 units, representing a slight decrease from...


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