TSLA377.810-2.87%
GM80.990-1.02%
F12.125-0.155%
RIVN14.340-0.17%
CYD28.180-4.01%
HMC31.670-0.14%
TM182.910-2.66%
CVNA62.760-1.12%
PAG194.220-4.79%
LAD287.370-5.14%
AN156.210-1.93%
GPI232.610-4.35%
ABG167.770-1.99%
SAH60.520-0.48%
TSLA377.810-2.87%
GM80.990-1.02%
F12.125-0.155%
RIVN14.340-0.17%
CYD28.180-4.01%
HMC31.670-0.14%
TM182.910-2.66%
CVNA62.760-1.12%
PAG194.220-4.79%
LAD287.370-5.14%
AN156.210-1.93%
GPI232.610-4.35%
ABG167.770-1.99%
SAH60.520-0.48%
TSLA377.810-2.87%
GM80.990-1.02%
F12.125-0.155%
RIVN14.340-0.17%
CYD28.180-4.01%
HMC31.670-0.14%
TM182.910-2.66%
CVNA62.760-1.12%
PAG194.220-4.79%
LAD287.370-5.14%
AN156.210-1.93%
GPI232.610-4.35%
ABG167.770-1.99%
SAH60.520-0.48%


automotive industry news

BYD witnessed a sharp quarter-over-quarter electric vehicle sales decline amidst a slowdown in demand and an economic downturn in China.

BYD EV sales plummet in Q1 as hybrids surge

- April 2, 2024
China-based automaker BYD has reported a significant drop in electric vehicle sales after aggressive price cuts drove record-high volumes in the previous quarter. On Monday, the company reported sales of 300,114...
Five Nissan dealerships in NY allegedly overcharged 1,138 customers who leased vehicles, says NY Attorney General's office.

Five NY Nissan dealerships set to pay $1.9 million in penalties

- April 2, 2024
Five Nissan dealerships in New York face repercussions after the New York Attorney General's office discovered these dealerships allegedly overcharged 1,138 customers who initially leased vehicles. After customers complained, authorities conducted...
Yaron Rosen joins Driving Solutions to discuss the role of technology in improving the car buying experience for your dealership's customers.

How to integrate a seamless car buying experience — Yaron Rosen | Fuse Autotech

- April 2, 2024
Dealers know that the key to higher sales and profitability is an unparalleled car buying experience. Unfortunately, with consumers now demanding more convenient processes and even faster service times, many...
Chinese automaker SAIC is planning to lay off thousands of workers at its General Motors and Volkswagen joint ventures, according to Reuters.

China’s SAIC allegedly plans layoffs at GM, VW joint ventures after sales fall

- April 1, 2024
State-owned Chinese automaker SAIC Motors may be planning to lay off a significant portion of its General Motors and Volkswagen joint-venture staff, in addition to employees at one of its...
Tesla has raised Model Y prices ahead of the release of its quarterly sales report, which is expected to reveal cooling demand.

Tesla hikes Model Y price as Q1 sales report looms

- April 1, 2024
Tesla has raised prices across its Model Y lineup as the company braces for the release of its quarterly sales report. All Model Y trim levels received price hikes of $1,000,...
Ford will celebrate the 60th birthday of its flagship sports-focused model, the Mustang, with a special event on April 17.

Ford to mark Mustang’s 60th birthday with special event

- March 29, 2024
Ford is celebrating the Mustang's 60th birthday next month with a special event and a new trim level for dedicated fans. The Ford Mustang will hit its 60th anniversary on Wednesday,...
New vehicle sales rose during the January-through-March period, thanks to stable demand, improved affordability, and improved supply.

New vehicle sales surge in first quarter on affordability return

- March 29, 2024
New vehicle sales are projected to surge in the first quarter on the backs of improved affordability and stable consumer demand. Edmunds predicts a total of 3,772,894 new vehicle sales in...
Seth Rosen joins Inside Automotive to discuss the latest demand and supply trends developing in the used vehicle market.

Why the used vehicle market is changing dealership inventory strategies — Seth Rosen | Subaru of Jacksonville

- March 29, 2024
The used vehicle market is under close scrutiny as it adjusts to changing consumer preferences and evolving inventory levels. What can dealers expect from the preowned segment in 2024, and...
I’m Steve Greenfield from Automotive Ventures, and I’m glad that you could join us.It’s been a tough quarter for many of the legacy automakers. highways emissions

High stakes as new EV makers burn cash and seek lifelines

- March 29, 2024
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...
Earlier this week: Nissan plans to boost sales by 1 million units and slash EV costs through its "Arc" strategy by 2027.

Automotive weekly roundup: Nissan targets growth, online sales rise, Hyundai Invests big in EV future

- March 29, 2024
Earlier this week: Nissan plans to boost sales by 1 million units and slash EV costs through its "Arc" strategy by 2027. CarGurus reports a trend toward online car buying...


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