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

NHTSA probes in Ford’s recall, VW CEO pushes more plug-in hybrid models, U.S. commerce potential ban on Chinese-connected vehicels

- May 10, 2024
Top Stories  Ford faces 'significant safety concerns' over SUV recall. Read More VW CEO introduces more plug-in hybrid models alongside ID.4 electric crossover. Read More U.S. commerce secretary warns of potential ban on...
I’m Steve Greenfield from Automotive Ventures, and I’m glad that you could join us.It’s been a tough quarter for many of the legacy automakers. highways emissions

Lear Corporation’s acquisition showcases the industry’s use of robotics and AI for efficiency and innovation

- May 10, 2024
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...
Vice President Kamala Harris announced $100 million in federal grants for automotive suppliers, accelerating industry transition toward EVs

Automotive weekly roundup: Bill aims to nullify EV tax credit, VP’s auto suppliers grant, Stellantis UAW members vote to strike over safety concerns

- May 10, 2024
Earlier this week: Republicans proposed an IRA bill to repeal the U.S. EV tax credit, which would give China an advantage in EV production. Vice President Kamala Harris announced $100...
Recently, Cars.com - an audience-driven technology company - reported its first quarter financial results for 2024, ending on March 31.

Cars.com reports robust Q1 2024 financial results with 8% revenue growth

- May 9, 2024
Recently, Cars.com - an audience-driven technology company - reported its first-quarter financial results for 2024, which ended on March 31. The results revealed that revenue increased by 8% to $180.2 million...
Hyundai Capital America allegedly repossessed 26 cars whose owners had started making loan payments before reporting for active service.

Hyundai, Kia settle U.S. charges for unlawful repossessing service members’ vehicles

- May 9, 2024
The American financing division of Hyundai and Kia has agreed to pay $334,941 to resolve allegations that it unlawfully repossessed vehicles that belonged to active military personnel, the U.S. Department...
According to an exclusive Reuters report, U.S. prosecutors are investigating whether Tesla committed securities or wire fraud.

DOJ further investigates Tesla for possible securities, wire fraud

- May 9, 2024
According to an exclusive Reuters report, U.S. prosecutors are investigating whether Tesla committed securities or wire fraud by deceiving investors and customers about its self-driving capabilities. The Securities and Exchange Commission...
On May 8, GM announced that it would stop making the gasoline-powered Chevrolet Malibu later this year to focus on building new EVs.

GM halts Chevrolet Malibu production for electric future, invests $390M in Kansas plant

- May 9, 2024
On May 8, General Motors announced that it would stop making the gasoline-powered Chevrolet Malibu later this year to focus on building new electric cars. GM is demonstrating its commitment to...

GM halts Malibu production, Tesla’s wire fraud investigation, Cars.com Q1 financial results

- May 9, 2024
Top Stories GM halts its Chevy Malibu production at its Kansas Plant. Read More  U.S. prosecutors further investigate Tesla for potential wire fraud. Read More Hyundai, Kia set to pay $10K for repossessing...
Rivian announced its first quarter 2024 results, which exceeded analyst expectations regarding revenue growth year-over-year.

Rivian exceeds Q1 2024 expectations despite plant closure and cost-cutting measures

- May 8, 2024
On May 7, EV startup Rivian announced its first quarter 2024 results, which exceeded analyst expectations regarding revenue growth year-over-year. The automaker reported that it sold 5.1% of U.S. EVs...
Toyota reported record-breaking sales and profits for the fiscal year ending in March but set cautious expectations for the coming months.

Toyota lukewarm on earnings guidance despite record-breaking profits

- May 8, 2024
Toyota reported record-breaking profits for the fiscal year ending March after a massive surge in hybrid demand but set cautious earnings expectations for the coming months, citing upcoming investments into its operations...


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