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

Carvana

Carvana posts $439 M net loss for Q2, sales volume increases

- August 8, 2022
Last Thursday, Carvana completed its second-quarter earnings call between the company, shareholders, and analysts to discuss performance and corporate activities. According to an official report from the company, Carvana sold...
Inflation Reduction Act

Senate passes Inflation Reduction Act, expands EV tax credits with conditions

- August 8, 2022
Controversial news for the electric vehicle industry and automakers as the Senate passed a slimmed-down version of the Inflation Reduction Act. The bill now heads to the House for approval....
Tesla Elon Musk

Elon Musk predicts inflation easing and doubles down on mild recession forecast

- August 8, 2022
During a shareholder meeting on Thursday, Tesla’s CEO Elon Musk was asked by his investors how the economy would affect spending habits in the next few years. Musk said he...
Lucid Motors

Lucid Motors decreases EV production target by 50%

- August 8, 2022
Supply chain problems continue to affect automakers, including Lucid Motors, who once again slashed EV production goals for the year. Shares of the vehicle fell 12% after its second quarterly...
non-luxxury

Toyota remains most-shopped in Q2, says Kelley Blue Book Brand Watch

- August 8, 2022
According to the most recent Kelley Blue book Brand Watch report, high gas prices have caused consumers of non-luxury automobiles to consider traditional cars at a level not seen since before...

CBT automotive newscast: August 8, 2022

- August 8, 2022
Inside Automotive: How car dealers can help their salespeople find and sell more used cars — Jennifer Suzuki Welcome to another edition of Inside Automotive with anchor Jim Fitzpatrick. On today’s show,...
Toyota

Toyota profits shrink 43% due to ongoing supply chain shutdowns

- August 5, 2022
Toyota's profit fell 43% (578.66 billion Yen) in the last three months due primarily to supply chain issues. Last year, Toyota earned an average of 997.4 billion Yen or $7.48...
Lordstown

Lordstown Motors announces first profitable quarter thanks to sale of assets

- August 5, 2022
Yesterday, Lordstown Motors announced its first profitable quarter of $61.3 million, but not from selling electric vehicles. After selling some of its assets, including its Ohio production plant, to Taiwanese manufacturer Foxconn, Lordstown...
Fisker

Fisker to start production on 56,000 Ocean EV SUV reservations later this year

- August 5, 2022
California electric vehicle startup, Fisker, announced that they have 56,000 reservations for its newest vehicle, the Ocean EV SUV. According to Fisker's second quarterly earnings, they suffered a loss per share...

CBT automotive newscast: August 5, 2022

- August 5, 2022
Inside Automotive: How to find hope and embrace the challenges of life — Dr. Randy Ross, Remarkable! In his brand new book, “Fireproof Happiness: Extinguishing Anxiety & Igniting Hope,” Dr. Randy Ross...


CBT News
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