TSLA348.9503.33%
GM76.420-0.31%
F12.123-0.1175%
RIVN15.4300.19%
CYD42.780-0.06%
HMC24.040-0.33%
TM210.640-0.5%
CVNA336.2439.313%
PAG156.1200.97%
LAD273.1006.56%
AN200.5200.1%
GPI338.1400.03%
ABG204.0001.95%
SAH68.0600.235%
TSLA348.9503.33%
GM76.420-0.31%
F12.123-0.1175%
RIVN15.4300.19%
CYD42.780-0.06%
HMC24.040-0.33%
TM210.640-0.5%
CVNA336.2439.313%
PAG156.1200.97%
LAD273.1006.56%
AN200.5200.1%
GPI338.1400.03%
ABG204.0001.95%
SAH68.0600.235%
TSLA348.9503.33%
GM76.420-0.31%
F12.123-0.1175%
RIVN15.4300.19%
CYD42.780-0.06%
HMC24.040-0.33%
TM210.640-0.5%
CVNA336.2439.313%
PAG156.1200.97%
LAD273.1006.56%
AN200.5200.1%
GPI338.1400.03%
ABG204.0001.95%
SAH68.0600.235%


Auto News

Lithia Motors

Lithia Motors Q2 earnings miss estimates, used vehicle revenues increase 39%

- July 25, 2022
Leading automotive retailer Lithia Motors reported its second-quarter earnings late last week, just missing the estimates from Zack's Investment Research. New vehicle revenue reached just over $3.25 million, a 3.3%...
Northvolt

Northvolt and Stora Enso announce joint agreement to source battery materials from Nordic forests

- July 25, 2022
European markets are steadily moving from gasoline and diesel-powered vehicles to electric and environmentally friendly ones. To do this, companies are working together to locate and pursue raw material solutions. Volkswagen-backed...

CBT automotive newscast: July 25, 2022

- July 25, 2022
Inside Automotive: Will economic headwinds make a dent in dealer profitability? Charlie Chesbrough explains. As the automotive retail industry settles into the third quarter, analysts are reviewing mid-year sales data and updating...
Tesla

Tesla offloads 75% of bitcoin holdings, Q2 revenue increases 42% YoY

- July 22, 2022
Tesla released its Q2 earnings earlier this week and exceeded analysts' expectations despite COVID-related closures at its Shanghai production facility. However, the quarter marked the end of Tesla's record revenue reporting. Revenue was...
Ford

Ford steps up EV push with series of supplier agreements

- July 22, 2022
Ford Motor Company announced on Thursday that it would purchase lower-cost lithium iron batteries from Chinese battery leader CATL for its electric pickup trucks and SUVs sold in North America.  Ford is also working on a...
AutoNation

AutoNation reports record quarterly earnings per share, new vehicle sales hindered by supply chain

- July 22, 2022
Many auto dealer groups and OEMs are struggling to meet the demands of their customers as problems with the global supply chain continue. AutoNation, the country's number one auto retailer,...
GM

GM, Ford request permit to deploy AVs without steering wheels

- July 22, 2022
General Motors and Ford have separately requested exemptions from US safety regulators regarding deploying self-driving vehicles without steering wheels and brakes. Both OEMs seek to deploy 2,500 cars per year, the maximum permitted by law,...

CBT automotive newscast: July 22, 2022

- July 22, 2022
Inside Automotive: 5 crucial qualities sales managers should look for when hiring salespeople — Matt Easton Are you a sales manager that has been tasked with hiring and recruiting top salespeople? Oftentimes,...
Senate

Senate moves forward with $50 billion bill to bolster US chip manufacturing

- July 21, 2022
The U.S. Senate has approved a reduced version of a bill that aims to increase semiconductor competition with China and reduce dependency on Asian manufacturers. The bill provides about $50 billion in subsidies to boost...
Volkswagen

VW leadership shake up names Scott Keogh President and CEO of Scout EV brand

- July 21, 2022
Volkswagen Group is bolstering its executive team in the United States to expedite its aggressive growth plan for North America. The group intends to take advantage of the region's demand for...


CBT News
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