Tesla share price continues to plunge as Q1 earnings report looms
Tesla share prices continued to fall this week after a leaked internal memo indicated the company planned to lay off more than 10% of its global workforce, dragging the brand's...
TSLA360.590-20.67001%
GM72.540-2.5%
F11.590-0.09%
RIVN15.4000.46%
CYD39.410-0.08%
HMC24.150-0.16%
TM207.010-2.66%
CVNA313.5481.45799%
PAG149.3400.18%
LAD251.8201%
AN197.680-0.29%
GPI329.450-1.34%
ABG194.7600.73%
SAH64.870-0.38%
TSLA360.590-20.67001%
GM72.540-2.5%
F11.590-0.09%
RIVN15.4000.46%
CYD39.410-0.08%
HMC24.150-0.16%
TM207.010-2.66%
CVNA313.5481.45799%
PAG149.3400.18%
LAD251.8201%
AN197.680-0.29%
GPI329.450-1.34%
ABG194.7600.73%
SAH64.870-0.38%
TSLA360.590-20.67001%
GM72.540-2.5%
F11.590-0.09%
RIVN15.4000.46%
CYD39.410-0.08%
HMC24.150-0.16%
TM207.010-2.66%
CVNA313.5481.45799%
PAG149.3400.18%
LAD251.8201%
AN197.680-0.29%
GPI329.450-1.34%
ABG194.7600.73%
SAH64.870-0.38%
automotive industry insights
Governors share anti-union statement ahead of key VW vote
Republican governors from six states have issued a statement warning residents against unionization as employees at Volkswagen's Tennessee plant prepare for a vote to decide whether they will join the...
NHTSA investigates over 3 million Honda vehicles after 47 crashes reported
On April 17, the U.S. National Highway Traffic Safety Administration (NHTSA) made a significant announcement. It revealed that it had escalated its investigation into a serious issue- the abrupt activation...
Fisker expands dealer network after Ocean electric SUV price cuts
California-based electric vehicle (EV) startup Fisker is seeking to improve its financial situation by expanding its dealer network. The company has recently recruited a new dealer in Miami and several...
New-car inventory rises and best-value cars for 2024 revealed, Cars.com report
According to the most recent Cars.com report, new-car inventory is on the rise—particularly in the under $30,000 segment—marking a significant recovery. Vehicles now average 65 days on the market, more...
Treasury reports U.S. auto dealers get $580M in advance EV tax credit payments
Since January 1, auto dealers have received reimbursement from the U.S. government for nearly $580 million in advance point-of-sale customer electric vehicle (EV) tax credit payments, according to a Treasury...
Inflation may affect interest rate cuts due to high auto insurance and gas prices
A government report released on April 10 revealed that consumer inflation remained high last month due to increased expenses such as gas prices, rent, and auto insurance premiums. This data...
Depreciation study shows EVs lose value fastest – Karl Brauer | iSeecars
A study by iSeecars.com sheds insight on cars that lose the most value after just one year and those that retain the most value. It may be surprising to some,...
iSeeCars reveals new car sales are slowing down while used car sales increase
New car dealerships are experiencing a change in supply and turnover. According to a study by iSeeCars, the average new car takes 54 days to sell, while new EVs take...
China’s EV exports surge boosts global ship orders, puts pressure on Stellantis in Italy
China's electric vehicle (EV) export industry is causing a surge in orders for car-carrying ships, with predictions suggesting that China could have the world's fourth-largest fleet of such vessels by...
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