GM temporarily lays off 5,500 workers amid EV market slowdown
On the Dash:
GM furloughed 5,500 workers across three U.S. EV plants due to slowing demand and loss of federal tax credits.
Factory Zero in Detroit, Ultium battery plant in...
TSLA394.165-8.73499%
GM75.430-0.6%
F13.480-0.0801%
RIVN16.035-0.455%
CYD47.3100.52%
HMC27.740-0.76%
TM176.220-3.21%
CVNA65.550-1.94%
PAG182.165-2.805%
LAD304.180-7.51%
AN188.310-3.37%
GPI293.230-3.24%
ABG204.150-4.59%
SAH84.920-2.34%
TSLA394.165-8.73499%
GM75.430-0.6%
F13.480-0.0801%
RIVN16.035-0.455%
CYD47.3100.52%
HMC27.740-0.76%
TM176.220-3.21%
CVNA65.550-1.94%
PAG182.165-2.805%
LAD304.180-7.51%
AN188.310-3.37%
GPI293.230-3.24%
ABG204.150-4.59%
SAH84.920-2.34%
TSLA394.165-8.73499%
GM75.430-0.6%
F13.480-0.0801%
RIVN16.035-0.455%
CYD47.3100.52%
HMC27.740-0.76%
TM176.220-3.21%
CVNA65.550-1.94%
PAG182.165-2.805%
LAD304.180-7.51%
AN188.310-3.37%
GPI293.230-3.24%
ABG204.150-4.59%
SAH84.920-2.34%
automotive industry news
Stellantis posts Q3 revenue gain but outlook dims on regulatory costs
On the Dash:
Stellantis reported a 13% rise in Q3 revenue but warned of new charges tied to strategy and regulatory changes.
The company is shifting focus back to hybrid...
Matt Easton explains why the best salespeople think like doctors
Medical professionals keep detailed charts on their patients, tracking everything from conditions and allergies to medications. These records ensure every team member stays aligned and up to date, safeguarding patient...
Ford launches vehicle-to-grid pilot to reward F-150 Lightning owners
On the Dash:
Ford’s Home Power Management system allows F-150 Lightning owners to power homes and return energy to the grid.
Pilot programs with utilities like DTE Energy and BG&E...
New commercial vehicle market reflects transitions in Q3 2025 amid pricing adjustments and inventory realignment
Chico, CA, Oct. 28, 2025 (GLOBE NEWSWIRE) -- Work Truck Solutions®, the leading commercial vehicle authority, has released its Q3 2025 Commercial Vehicle Market Analysis, revealing a market in transition. Movement...
Lotlinx introduces LotGPT, the industry’s first dealer-facing AI advisor
DETROIT, Oct. 28, 2025 (GLOBE NEWSWIRE) -- Lotlinx, the auto industry’s first and only VIN Performance platform built to help dealers maximize profitability, today announced the launch of LotGPT, a first-of-its-kind AI...
Stellantis partners with NVIDIA, Uber, and Foxconn to advance robotaxi strategy
On the Dash:
Stellantis will deliver Level 4 autonomous vehicles using NVIDIA DRIVE AV software and AV-Ready Platforms.
Uber will operate initial robotaxi fleets, starting with 5,000 units in U.S....
Lucid partners with NVIDIA to deliver first Level 4 autonomous EVs
On the Dash:
Lucid plans to deliver one of the first consumer-owned Level 4 autonomous EVs using NVIDIA’s DRIVE AGX Thor platform.
The collaboration includes AI-powered manufacturing upgrades through NVIDIA’s...
EV sales will plummet by nearly 60% in October, J.D. Power says
On the Dash:
Electric vehicle sales are expected to plummet nearly 60% in October, dropping to just 5.2% of new-vehicle sales.
The September surge in EV purchases was driven by...
Kerrigan Advisors represents Asbury Automotive Group in sale of Larry H. Miller CDJR Riverdale to Young Automotive Group
Salt Lake City, UT – October 28, 2025 – Kerrigan Advisors, the leading sell-side advisor and thought partner to auto dealers nationwide, represented Atlanta-based Asbury Automotive Group, Inc. (“Asbury”) (NYSE: ABG)...
Latest Articles
