TSLA354.720-7.72%
GM83.9600.3%
F12.4300.12%
RIVN12.420-0.6%
CYD26.020-0.33%
HMC34.2800.22%
TM194.6102.67%
CVNA58.830-1.7899%
PAG212.4200.42%
LAD295.140-0.17%
AN161.7301.93%
GPI242.2202.42%
ABG170.0500.18%
SAH63.6100.1%
TSLA354.720-7.72%
GM83.9600.3%
F12.4300.12%
RIVN12.420-0.6%
CYD26.020-0.33%
HMC34.2800.22%
TM194.6102.67%
CVNA58.830-1.7899%
PAG212.4200.42%
LAD295.140-0.17%
AN161.7301.93%
GPI242.2202.42%
ABG170.0500.18%
SAH63.6100.1%
TSLA354.720-7.72%
GM83.9600.3%
F12.4300.12%
RIVN12.420-0.6%
CYD26.020-0.33%
HMC34.2800.22%
TM194.6102.67%
CVNA58.830-1.7899%
PAG212.4200.42%
LAD295.140-0.17%
AN161.7301.93%
GPI242.2202.42%
ABG170.0500.18%
SAH63.6100.1%


Auto News

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
During a press conference on May 1st, the VP of Global Cadillac, John Roth, announced the company aims to offer a full range of EVs by 2030.

Cadillac VP aims to offer a full EV lineup by 2030 alongside gas cars 

- May 2, 2024
During a press conference on May 1st, the Vice President of Global Cadillac, John Roth, announced that while the company plans to continue selling gas-powered cars for some time, it...
Headlines Articles
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

Interest rates unchanged, Carvana breaks profit record, Cadillac slows EV shift

- May 2, 2024
Top Stories Federal Reserve leaves interest rates unchanged, "uncertain" about future. Read More Carvana posts all-time high Q1 profits in dramatic recovery. Read More Cadillac slows down EV transition, will continue making ICE...
Daily Newscast
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
Ford University is a new platform aiming to boost knowledge proficiency amongst dealership sales teams through a high-tech education approach.

Ford University to boost employee engagement, fill knowledge gaps

- May 1, 2024
Ford's new training platform, Ford University, aims to leverage artificial intelligence and modernized education practices to boost dealership employee knowledge and prepare the retail automotive sector for the future of...
Articles Headlines
Aftermarket service providers saws higher customer satisfaction scores in 2024, posing a challenge to dealer-operated service centers.

Aftermarket service shops see higher ratings in 2024

- May 1, 2024
Customer satisfaction with aftermarket service providers improved this year, intensifying the rivalry between franchised dealers and third-party repair and maintenance shops. After tracking a rating decline in 2023, J.D. Power reported...
Articles Headlines
Mercedes-Benz announced that it would maintain the high prices of its luxury vehicles despite a decline in its first quarter profits.

Mercedes-Benz sticks to high prices amid quarterly profit decline

- May 1, 2024
On April 30th, Mercedes-Benz announced that it would maintain the high prices of its luxury vehicles despite a decline in quarterly profits. The company attributed the decline to model changes...
Headlines Articles

Aftermarket service ratings rise, Ford University launch, UAW to vote on strike

- May 1, 2024
Top Stories Customer satisfaction improves for aftermarket service providers. Read More New Ford education platform modernizes dealership training with AI, gamification. Read More Mercedes-Benz sees Q1 profits fall, remains committed to stable pricing....
Daily Newscast

Latest Articles

Weekly roundup: Fain wins re-election, New-vehicle prices $50K+, Stellantis shipments slip 1%
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GM CEO Mary Barra tells CNBC’s Mad Money that eyes-off driving is on track for 2028
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Tesla unveils redesigned Roadster, targets 2028 production
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Tesla unveils rocket-inspired Roadster, targets 2028 production

Volvo Cars expands automated driving partnership with Nvidia, launch expected in 2030
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Volvo expands automated driving partnership with Nvidia, launch expected in 2030

Lexus GM outlines Lexus’ growth priorities for 2027
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Lexus GM outlines Lexus’ growth priorities for 2027


CBT News
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