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 news

Customer satisfaction with dealership service departments improved marginally in 2024 but suffered due to persistent complaints.

Service department satisfaction held back by long wait times, EV issues

- March 14, 2024
Customer satisfaction with the dealership service experience improved slightly in 2024 but was held back from a stronger increase due to frustrations with the fixed-ops process. According to J.D. Power's 2024...
Software firm Arm says it has designed a new computer chip that will help self-driving car makers improve safety and accelerate development.

Arm looks to accelerate self-driving car development with new computer chip

- March 14, 2024
Software company Arm has unveiled a new computer chip design tailored for self-driving cars that it says will help the automotive industry accelerate the transition to safer, technologically advanced vehicles. Arm...
Fisker is allegedly in talks with two bankruptcy consultancies as it seeks to negotiate deals that would provide much-needed funds.

Fisker in talks with bankruptcy advisers as search for funds continues

- March 14, 2024
Electric vehicle startup Fisker has allegedly hired bankruptcy consultants shortly after warning investors that it may not have enough cash to last the year. The Wall Street Journal broke the news...
UBE expects the EV battery supply chain facility to open in the latter half of 2026 but will begin construction later this year.

Japan’s UBE to build first U.S. factory for crucial EV battery materials

- March 13, 2024
The first facility in the U.S. for producing dimethyl carbonate (DMC) and ethyl methyl carbonate (EMC), two materials essential to electric vehicle (EV) battery manufacturing, will be built by a...
Jeff Dyke joins Inside Automotive to discuss how Sonic Automotive achieved its third most profitable year in 2023.

Balancing growth to maximize dealership competitiveness — Jeff Dyke | Sonic Automotive

- March 13, 2024
In 2023 Sonic Automotive, one of the nation’s largest automotive retailers, saw an all-time record annual revenue of $14.4 billion despite some challenges, like the closing of its Northwest Motorsport...
Veronica Dunford joins CBT News for the first episode of Women Driving the Industry, to discuss the importance of Women in Automotive.

How to fight the ‘boy’s club’ mentality in the automotive sector — Veronica Dunford | Women in Automotive

- March 13, 2024
Thanks to efforts from across the car industry, there are an increasing number of women in automotive roles, adding fresh prespectives to the business and helping it continue to grow....
New vehicle prices weakened in February as incentives, sales, and inventory surged, making the market more consumer friendly.

New vehicle prices continue falling in February as sales pace accelerates

- March 12, 2024
New vehicle prices dropped again in February, progressing toward pre-pandemic averages while sales and inventory improved. According to Cox Automotive, the average new vehicle transaction price in February was $47,244, 2.2%...
Electricity has been restored to Tesla's German-based Gigafactory one week after a suspected sabotage took out a nearby pylon.

Tesla’s Gigafactory Berlin back online after suspected arson

- March 12, 2024
A Tesla Gigafactory close to Berlin has regained electricity after a fire, believed to be caused by arson, disabled a nearby pylon last week. Following several days of work, German utilities...
Over the years, Tesla has been under scrutiny due to several fatal accidents involving its Autopilot self driving system.

Tesla faces trial over Autopilot misuse

- March 11, 2024
Over the years, Tesla's Autopilot system, a feature of its Advanced Driver Assistance Systems (ADAS), also known as Autopilot and Full Self-Driving (FSD) Package, has been under scrutiny due to...
Used electric vehicle prices are falling much master than the average preowned car, largely due to strategies adopted by Tesla.

Tesla leads the pack as used electric vehicle prices plummet

- March 11, 2024
Used electric vehicle prices have plummeted over the last year, driven primarily by Tesla and its efforts to spur demand with better affordability. According to automotive analytics platform iSeeCars.com, the average...


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