TSLA360.590-20.67001%
GM72.540-2.5%
F11.590-0.09%
RIVN15.4000.46%
CYD39.410-0.08%
HMC24.150-0.16%
TM207.010-2.66%
CVNA313.5481.45799%
PAG149.3400.18%
LAD251.8201%
AN197.680-0.29%
GPI329.450-1.34%
ABG194.7600.73%
SAH64.870-0.38%
TSLA360.590-20.67001%
GM72.540-2.5%
F11.590-0.09%
RIVN15.4000.46%
CYD39.410-0.08%
HMC24.150-0.16%
TM207.010-2.66%
CVNA313.5481.45799%
PAG149.3400.18%
LAD251.8201%
AN197.680-0.29%
GPI329.450-1.34%
ABG194.7600.73%
SAH64.870-0.38%
TSLA360.590-20.67001%
GM72.540-2.5%
F11.590-0.09%
RIVN15.4000.46%
CYD39.410-0.08%
HMC24.150-0.16%
TM207.010-2.66%
CVNA313.5481.45799%
PAG149.3400.18%
LAD251.8201%
AN197.680-0.29%
GPI329.450-1.34%
ABG194.7600.73%
SAH64.870-0.38%


auto industry news

Rivian has received an $827 million incentive package to expand its Illinois electric vehicle manufacturing facility.

Rivian gets millions in state incentives for Illinois factory expansion

- May 3, 2024
Rivian Automotive announced this week that it has secured an $827 million incentive package from Illinois, intended to fund an expansion at its Normal facility.  This boost comes at a critical juncture...
Articles Headlines
Ford reported a 2.4% decline in overall sales during April as tax season drew to a close but set a new monthly record with its hybrid lineup.

Ford sales decline in April as hybrids display resilience

- May 3, 2024
Ford revealed a 2.4% decline in U.S. sales for April, attributing the drop to reduced demand for F-Series trucks, Broncos, and other SUVs. Despite this, the company celebrated a record-breaking...
Articles Headlines
New car prices have surged by over 30 percent in the past five years, pointing to a future that looks similar to the past.

Beyond Reach: How new car prices are leaving consumers behind

- May 2, 2024
What if you could predict the future? Imagine if that prediction wasn't based on some crystal ball but rather on a keen observation of the past, coupled with an awareness...
Daily Automotive News Articles
According to a recent report by Reuters, Tesla has abandoned its plan to advance gigacasting, a groundbreaking production process.

Tesla abandons ‘gigacasting’ production process amid cost-cutting measures

- May 2, 2024
According to a recent report by Reuters, the Austin-based EV manufacturer Tesla has abandoned its plan to advance gigacasting, a groundbreaking production process. This shift in strategy suggests that the...
Headlines Articles
Carvana posted record-breaking earnings for the first quarter in a dramatic recovery from early 2023, the result of aggressive restructuring.

Carvana posts record-breaking Q1 profits after aggressive restructuring

- May 2, 2024
Carvana posted record-breaking earnings for the first quarter in a dramatic recovery from early 2023, underlining the impact of an aggressive restructuring effort over the last two years. The company reported...
Articles Headlines
The Federal Reserve left interest rates unchanged this week and expressed doubt that rate cuts would be implemented in the near future.

Federal Reserve leaves interest rates unchanged after worrying inflation trends

- May 2, 2024
The Federal Reserve left interest rates unchanged after its policy hearing on Wednesday, marking the central bank's sixth consecutive meeting without making any adjustments to its disinflationary strategy. Fed Chair Jerome Powell attributed...
Articles Headlines
From acquisitions to shifting consumer preferences, today's episode discusses the factors driving M&A activity with Ryan Kerrigan.

Ryan Kerrigan unveils global automotive M&A dynamics and EV realities

- May 2, 2024
From acquisitions to shifting consumer preferences, in today's episode of Inside Automotive, we're discussing factors driving M&A activity as highlighted in The Blue Sky Report, published by Kerrigan Advisors. Joining...
Inside Automotive Daily Automotive News
The National Highway Traffic Safety Administration (NHTSA) has finalized a rule requiring automatic emergency braking (AEB) systems in all new passenger cars and light trucks by 2029. 

NHTSA finalizes life-saving automatic emergency braking rule

- April 30, 2024
The National Highway Traffic Safety Administration (NHTSA) has finalized a rule requiring automatic emergency braking (AEB) systems in all new passenger cars and light trucks by 2029.  This rule, stemming from...
Articles Headlines
Stellantis disclosed a 12% revenue decline to $44.7 billion for the first quarter of 2024 compared to the previous year. 

Stellantis earnings decline as sales stagnate in U.S.

- April 30, 2024
Stellantis disclosed a 12% revenue decline to $44.7 billion for the first quarter of 2024 compared to the previous year.  Stellantis attributed the dip to the costs of developing next-generation hybrid...
Articles Headlines
In an email to senior managers, published by The Information on Tuesday, Musk outlined plans to lay off hundreds of staff members.

The Information reports: Musk lays off Tesla senior executives in new round of job cuts

- April 30, 2024
Elon Musk, driven by the need to address declining sales and the rapid pace of job layoffs, has made the strategic decision to terminate two top executives from Tesla. In...
Headlines Articles

Latest Articles
Latest Articles 04/04/26

Weekly roundup: Stellantis to add 10k jobs, GM leads in Q1 2026 sales, Federal judge partially allows lawsuit against VW to proceed
Latest Articles 04/03/26

White House revises metals tariffs, Stellantis eyes Canada EVs with Leapmotor, NHTSA considers ban on faulty Chinese airbags

Ed Morse Automotive Group acquires Porsche Des Moines in Iowa
Latest Articles 04/03/26

Ed Morse Automotive Group acquires Porsche Des Moines in Iowa

GM to invest more than $150 million in Saginaw Metal Casting Plant
Latest Articles 04/03/26

GM to invest more than $150 million in Saginaw Metal Casting Plant

White House revises metals tariffs, shifts calculation method
Latest Articles 04/03/26

White House revises metals tariffs, shifts calculation method

Stellantis explores EV production in Canada with China’s Leapmotor
Latest Articles 04/03/26

Stellantis explores EV production in Canada with China’s Leapmotor

NHTSA weighs U.S. ban on defective Chinese airbag components
Latest Articles 04/03/26

NHTSA weighs U.S. ban on defective Chinese airbag components

Toyota bets on EV rebound with seven-model U.S. lineup
Latest Articles 04/03/26

Toyota bets on EV rebound with seven-model U.S. lineup

Affordability takes center stage at the 2026 NY Auto Show
Latest Articles 04/03/26

Affordability takes center stage at the 2026 NY Auto Show

Legal battles reshape car sales
Latest Articles 04/03/26

Legal battles reshape car sales


CBT News
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