US DOE trims $9.6B loan as Ford, SK On end EV battery partnership
On the Dash:
DOE will cut the $9.6B loan to Ford and SK Innovation following the breakup of their EV battery joint venture.
SK On will take control of the...
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
Used-vehicle inventory hits new 2025 high as December begins
On the Dash:
Used-vehicle inventory reached a new 2025 high at 2.31 million units with a 50-day supply.
Retail used-vehicle sales remain strong, rising 1.9% year over year and 2.3%...
Stellantis employees donate $18,000 in toys to Sparky’s Toy Drive
On the Dash:
Stellantis Windsor Assembly Plant employees donated $18,000 in new toys to Sparky’s Toy Drive for the 23rd year.
The convoy featured the 2026 Dodge Charger Scat Pack...
2025 Nissan Murano Platinum: A modern reset for a critical segment
The two-row midsize SUV market is one of the most competitive categories in the entire automotive industry, and Nissan understands that the Murano needs to remain relevant if it wants...
Waymo expansion signals tipping point for autonomous vehicles
Welcome back to the latest episode of “The Future of Automotive” on CBT News, where we put recent automotive and mobility news into the context of the broader themes impacting...
Porsche opens new state-of-the-art parts and technical training center in Fort Worth, Texas
Atlanta, Georgia. Porsche Cars North America, Inc. (PCNA) announced today the opening of its new Parts Distribution Center and Technical Training Facility in Fort Worth, Texas. Strategically located in the heart...
Record number of Americans hit the road this holiday as gas prices fall, airfare rises
On the Dash:
A record 122.4 million Americans are expected to travel over the December holiday, with 89% driving.
Gas prices have fallen below $3 per gallon nationally, encouraging more...
TIME reveals 2026 Dealer of the Year finalists from four NADA regions
On the Dash:
TIME announced 47 nominees for the 2026 Dealer of the Year award, honoring exceptional franchised dealers for business performance and community service.
Ally Financial, the award’s sponsor,...
Ford, SK On end US battery joint venture amid EV slowdown
On the Dash:
SK On and Ford are splitting U.S. battery plants; Ford takes Kentucky, SK On takes Tennessee.
SK On shifts focus to energy storage to offset weaker EV...
3 winning strategies to turn F&I anxiety into a positive experience
Buying a new car is an exciting experience for customers—that is, until they enter the F&I department. On today's episode of F&I Today, Paul Brown, vice president of Ascent Dealer...
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