TSLA386.380-6.12%
GM79.780-0.76%
F12.825-0.045%
RIVN16.9950.075%
CYD44.1900.02%
HMC24.995-0.365%
TM204.560-10.69%
CVNA398.485-3.5047%
PAG160.360-2.46%
LAD280.565-8.195%
AN204.515-5.015%
GPI340.640-10.57%
ABG205.950-6.76%
SAH69.325-2.455%
TSLA386.380-6.12%
GM79.780-0.76%
F12.825-0.045%
RIVN16.9950.075%
CYD44.1900.02%
HMC24.995-0.365%
TM204.560-10.69%
CVNA398.485-3.5047%
PAG160.360-2.46%
LAD280.565-8.195%
AN204.515-5.015%
GPI340.640-10.57%
ABG205.950-6.76%
SAH69.325-2.455%
TSLA386.380-6.12%
GM79.780-0.76%
F12.825-0.045%
RIVN16.9950.075%
CYD44.1900.02%
HMC24.995-0.365%
TM204.560-10.69%
CVNA398.485-3.5047%
PAG160.360-2.46%
LAD280.565-8.195%
AN204.515-5.015%
GPI340.640-10.57%
ABG205.950-6.76%
SAH69.325-2.455%


Automakers

diversity

The importance of improving diversity, equity, and inclusion in the workplace

- May 10, 2022
A recent research study from Bain & Company revealed that 25% to 30% of people report feeling "fully included" at work, which was found across "all geographies, industries, and demographic groups." Asian...
Hyundai

Sources say Hyundai plans to build EV plant in Georgia

- May 10, 2022
This week, sources close to the matter said that Hyundai is planning on building an electric vehicle plant close to its existing facilities in Georgia. Specific details regarding job numbers or expected...
Lordstown Motors

Lordstown Motors announces $90M loss and stalled Foxconn deal for Q1

- May 10, 2022
Ohio-based Lordstown Motors released its first-quarter results on Monday, which reported a loss of $90 million and total available remaining cash of $203 million. The company also said its deal with Taiwanese...
CarBravo

Over 800 General Motors dealers have signed up for CarBravo

- May 9, 2022
After opening registration in January, General Motors North America Vice President Steve Carlisle said last week that over 800 auto dealers have agreed to utilize GM's CarBravo platform, which will allow them...

Lucid Group releases Q1 results, says prices will rise in June

- May 9, 2022
Lucid Group released its first-quarter results last week, which showed the luxury electric automaker brought in $57.7 million in revenue and delivered 360 vehicles to its customers. This is a massive increase...
Sonic Automotive

Sonic Automotive’s David Smith discusses semiconductor chips, EchoPark business

- May 9, 2022
Last week, Sonic Automotive's Chief Executive Officer, David Smith, told the Charlotte Business Journal that his company had a great first quarter but is undoubtedly being impacted by the global semiconductor chip shortage.  "It's hard...
Nikola

Nikola Corp. on track to meet production goals for 2022

- May 9, 2022
Nikola Corp. announced last week that it would likely be meeting its delivery projections of between 300 and 500 vehicles this year, citing its ability to obtain the necessary components...
Stellantis

Stellantis Q1 revenue grows 12%, overall shipments down

- May 6, 2022
Stellantis released its first-quarter results, which showed that revenue had exceeded expectations as it rose 12% despite a 12% drop in vehicle sales. Revenue reached $44.1 billion, as overall shipments fell...

Supply chain update: Not enough chips for chipmaking machines

- May 6, 2022
In a strange catch-22, chipmakers are running out of the chips needed for their chipmaking machines. And it's going to affect everyone unless priorities are changed. Audi, Kia, Toyota, Hyundai, and...
U.S. Department of Energy

U.S. Department of Energy allocates $45M to EV battery development

- May 6, 2022
The U.S. Department of Energy announced this week that it would be allocating $45 million to develop electric vehicle batteries that will be more affordable and last longer. The funding is part...


CBT News
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