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

ChatGPT GM

GM considers implementing ChatGPT in future vehicles

- March 14, 2023
Virtual assistants in General Motor vehicles may soon be powered by the AI language models behind OpenAI's ChatGPT. According to a GM executive, the American carmaker is looking into potential...
Amazon Rivian , delivery-van pact

Rivian seeks to end exclusivity in electric van deal with Amazon

- March 14, 2023
Amazon and Rivian Automotive are currently discussing renegotiating the exclusivity agreement of their electric-van contract after the online retailer's order for 2023 came in at the low end of a...
Barra, GM

GM wants to cut more jobs and save costs through voluntary separation offers

- March 13, 2023
General Motors CEO, Mary Barra, informed staff on March 9 that additional job cuts will be made, but this time it will be voluntary. The announcement came about a week...
premium

31% of new vehicles were sold above MSRP last month

- March 13, 2023
According to a recent study, the average price of a new car in February was $45,296 as opposed to the average manufacturer's suggested retail price (MSRP) of $41,637. A joint prediction...
Nissan is reshaping its supply chain to offset U.S. tariffs and global component challenges, relying on increased local production.

S&P Global reduces Nissan’s credit rating to junk

- March 8, 2023
S&P Global Ratings downgraded Nissan’s credit rating to junk, dealing a setback to the carmaker that has battled to increase profitability in the years since the arrest of former Chairman...
lackluster demand, Rivian

Shares drop as Rivian prepares to sell $1.3 billion in bonds to raise funds

- March 8, 2023
As lackluster demand and high expenses tighten a cash grip around electrical car companies, Rivian Automotive announced on March 6 that it aims to issue bonds worth $1.3 billion. After-hours trading...
Rivian

Rivian reveals to staff that it can outpace production targets in 2023

- March 7, 2023
As part of a “Product Master Plan” for 2023, Rivian released a production forecast of 50,000 vehicles that doubled the output achieved last year but was below the market's expectations.  Despite...

Winners of the 2023 Kelley Blue Book Best Resale Value Awards have been announced

- March 7, 2023
Though most car buyers understand the value of their car will depreciate, they may not be entirely aware of how much this loss can vary from one model to the...
Chaya Milchtein

Automotive educator and entrepreneur Chaya Milchtein is on a mission to make the industry more inclusive

- March 6, 2023
Many obstacles stand in the way of the automotive industry's efforts to boost sales. But, it's possible that one of its biggest problems isn't just what it sells, but also...
A snapshot of February's u.s. auto sales

February U.S. auto sales: Ford and Hyundai show marked improvements, Japanese brands falter

- March 6, 2023
According to preliminary estimates from LMC Automotive, a leading automotive forecasting, and data company, U.S. auto sales saw a notable increase in February 2023. LMC predicts that the total vehicle...


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