TSLA319.690-54.32%
GM80.670-1.46%
F14.145-0.275%
RIVN16.460-0.72%
CYD45.840-0.3%
HMC27.990-0.54%
TM176.800-3.14%
CVNA60.200-2.55%
PAG215.5400.97%
LAD334.020-5.93%
AN205.100-0.87%
GPI326.680-1.25%
ABG222.140-1.22%
SAH99.110-1.77%
TSLA319.690-54.32%
GM80.670-1.46%
F14.145-0.275%
RIVN16.460-0.72%
CYD45.840-0.3%
HMC27.990-0.54%
TM176.800-3.14%
CVNA60.200-2.55%
PAG215.5400.97%
LAD334.020-5.93%
AN205.100-0.87%
GPI326.680-1.25%
ABG222.140-1.22%
SAH99.110-1.77%
TSLA319.690-54.32%
GM80.670-1.46%
F14.145-0.275%
RIVN16.460-0.72%
CYD45.840-0.3%
HMC27.990-0.54%
TM176.800-3.14%
CVNA60.200-2.55%
PAG215.5400.97%
LAD334.020-5.93%
AN205.100-0.87%
GPI326.680-1.25%
ABG222.140-1.22%
SAH99.110-1.77%


auto industry

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...

Toyota sets profit record, Rivian posts mixed Q1, Honda to enter robotaxi sector

- May 8, 2024
Top Stories Toyota posts record-breaking full-year profits, sets conservative forecast. Read More Wholesale used car prices continue decline in April led by compact, electric vehicles. Read More Rivian Q1 earnings a mixed bag,...
Perry Watson IV and Damon Lester join Diversity in Automotive to discuss how NAMAD drives inclusivity in and outside the dealership.

How NAMAD gives minority dealers and car buyers a voice

- May 8, 2024
The National Association of Minority Automobile Dealers (NAMAD) plays a critical role in giving underrepresented dealers a voice and driving diversity, equity, and inclusion across the retail automotive sector. On this episode...

Lucid posts Q1 earnings, UAW authorizes strike, France welcomes BYD

- May 7, 2024
Top Stories Lucid reports first-quarter earnings after sales rise. Read More UAW authorizes strike at key Stellantis plant over safety concerns. Read More NHTSA requests comparative data over Tesla Autopilot recall investigation. Read...

Honda April sales rise, Biden grants $100 million for suppliers, UAW ratifies Daimler contract

- May 6, 2024
Top Stories Honda posts strong April sales but disappoints on hybrid, EV growth. Read More Biden Administration grants $100 million to auto suppliers for EV transition. Read More UAW ratifies Daimler Truck contract...


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