TSLA348.950-13.91%
GM86.980-0.95%
F13.920-0.49%
RIVN16.600-0.37%
CYD38.750-1.13%
HMC32.590-0.78%
TM193.810-3.54%
CVNA72.3102.405%
PAG218.0701.2%
LAD368.550-2.18%
AN195.130-4.36%
GPI259.380-2.47%
ABG210.860-3.95%
SAH75.320-2.13%
TSLA348.950-13.91%
GM86.980-0.95%
F13.920-0.49%
RIVN16.600-0.37%
CYD38.750-1.13%
HMC32.590-0.78%
TM193.810-3.54%
CVNA72.3102.405%
PAG218.0701.2%
LAD368.550-2.18%
AN195.130-4.36%
GPI259.380-2.47%
ABG210.860-3.95%
SAH75.320-2.13%
TSLA348.950-13.91%
GM86.980-0.95%
F13.920-0.49%
RIVN16.600-0.37%
CYD38.750-1.13%
HMC32.590-0.78%
TM193.810-3.54%
CVNA72.3102.405%
PAG218.0701.2%
LAD368.550-2.18%
AN195.130-4.36%
GPI259.380-2.47%
ABG210.860-3.95%
SAH75.320-2.13%


automotive industry insights

Ford plans to cut F-150 Lightning production in half as the industry faces normalizing ICE sales and unexpectedly low EV demand.

Ford cuts F-150 Lightning production on slowing EV demand

- December 12, 2023
Ford plans to cut production of the F-150 Lightning electric pickup in response to lower-than-anticipated EV demand in the U.S. The Detroit automaker said it would reduce its annual production target...
Auto loan access declined in November disrupting months of recovery, as lenders, consumers and dealers grappled with economic challenges.

Auto loan access hits speed bump in November after months of recovery

- December 11, 2023
Auto loan access declined in November after multiple months of improving conditions, according to Cox Automotive's Dealertrack Auto Credit Availability Index. After hitting a peak in the summer of 2022, auto...
Ohio has become the first state to use funds awarded by the Biden Administration to build an electric vehicle charging station.

Ohio first state to open electric vehicle charging station with federal funds

- December 11, 2023
The first of the Biden Administration's government-funded electric vehicle charging stations has officially opened in Ohio following a two-year wait. The EV charging station opened last Friday, December 8, off I-70...
Karl Brauer joins Inside Automotive to share his insights into the 2023 electric vehicle market and where the segment is headed.

Why the electric vehicle market is taking forever to grow — Karl Brauer | iSeeCars.com

- December 11, 2023
The electric vehicle market has faced a tough year in 2023, with the initial excitement among automakers, consumers and dealers giving way to frustration and disappointment. What are the factors...
The United Auto Workers union says that 30% of employees at Volkswagen's only U.S. plant have joined its efforts to unionize the car industry.

United Auto Workers scores initial victory at non-union Volkswagen plant

- December 8, 2023
The United Auto Workers union says 30% of Volkswagen employees at the company's Tennessee plant have joined the nationwide effort to organize labor across the automotive industry. It took only a...
Dealer optimism declined swiftly over the fourth quarter as the retail automotive community grappled with interest rates, inflation and sales.

Dealer optimism hits new lows as industry adjusts to post-pandemic economy

- December 8, 2023
Dealer optimism dropped significantly in the fourth quarter as the retail automotive sector wrestled with a normalizing car market and an oppressive economic climate. According to Cox Automotive's Q4 Dealer Sentiment...
Tesla lost a lawsuit against Sweden's postal service for refusing to send license plates to the American electric vehicle manufacturer.

Tesla union troubles escalate in Scandinavia

- December 8, 2023
On December 7, Tesla lost a lawsuit against Sweden's postal service, which refused to send license plates to the EV manufacturer. This further exacerbated Tesla's problems with labor unions in...
Stellantis plans to lay off thousands of workers at its operations in Detroit and Toledo, Ohio, blaming California's emissions restrictions

Stellantis announces layoffs at Detroit, Toledo assembly plants

- December 8, 2023
Stellantis has revealed intentions to lay off thousands of workers at its Jeep operations in Detroit, Michigan, and Toledo, Ohio, blaming California's emissions restrictions for the company's competitive disadvantage. The automaker...
Park Place Dealerships awarded $100,000 to over a dozen non-profits throughout October as part of its 3rd annual Season of Giving initiative.

Park Place Dealerships donate $100,000 to 18 North Texas non-profits

- December 6, 2023
Park Place Dealerships awarded $100,000 to over a dozen non-profits throughout the month of October as part of its third annual Season of Giving initiative. The dealership's charitable arm, Park...
GM CEO Mary Barra revealed that on Jan 8, salaried employees within 50 miles of an office site must report in person at least 3 days a week, economic

GM mandates new return-to-office policy for salaried workers

- December 6, 2023
The days of fully remote working are over. On December 5, General Motors CEO Mary Barra informed staff members that the company is altering its return-to-work policy, mandating that salaried...


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