Kia raises target for EV sales to 1.6 million by 2030
Kia updated its EV plan on Wednesday, April 5, at its CEO investor day 2023 in Seoul, Korea. The automaker asserted that its new target goal for EV sales by...
TSLA427.5509.7%
GM79.0601.85%
F14.8601.19%
RIVN14.2750.125%
CYD57.0851.425%
HMC26.5790.319%
TM189.9100.25%
CVNA67.3702.98%
PAG164.6602.93%
LAD276.1301.6%
AN189.7303.3%
GPI323.7803.67%
ABG186.4501.07%
SAH77.1801.28%
TSLA427.5509.7%
GM79.0601.85%
F14.8601.19%
RIVN14.2750.125%
CYD57.0851.425%
HMC26.5790.319%
TM189.9100.25%
CVNA67.3702.98%
PAG164.6602.93%
LAD276.1301.6%
AN189.7303.3%
GPI323.7803.67%
ABG186.4501.07%
SAH77.1801.28%
TSLA427.5509.7%
GM79.0601.85%
F14.8601.19%
RIVN14.2750.125%
CYD57.0851.425%
HMC26.5790.319%
TM189.9100.25%
CVNA67.3702.98%
PAG164.6602.93%
LAD276.1301.6%
AN189.7303.3%
GPI323.7803.67%
ABG186.4501.07%
SAH77.1801.28%
automotive industry
5,000 General Motors employees opt for buyout program
On March 9, Mary Barra, the CEO of General Motors, announced to her staff that further job reductions would occur, but this time the cuts would be voluntary. The announcement...
Ford improves, Stellantis stalls, Toyota falls behind
Inside Automotive
Mississippi House Bill 401: what the new franchise law means for dealers - Marty Milstead | Daniel Sparks
Recently, Mississippi Governor Tate Reeves signed a bill into law which places...
GM hits new EV milestone as sales increase 18% in Q1
Despite rising interest rates, ongoing inflation, and increasing economic unpredictability, General Motors recorded a year-over-year 17.6% increase in sales in the first quarter of 2023.
Due to easier access to inventory,...
Stellantis U.S. sales decline 9% in the first quarter
The manufacturer of Chrysler, Dodge, Jeep, and Ram vehicles saw a 9% year-over-year decline in U.S. sales in the first quarter, Q1 as weak market circumstances continue to affect deliveries.
Compared...
The New York International Auto Show is back and better than ever — Mark Schienberg, GNYADA
Auto shows are back in full swing and propelling dealers, as well as the industry, forward. Today on CBT NOW we’re joined by Mark Schienberg, President of the Greater New...
Tesla’s Q1 deliveries, EV tax credit revisions, new leasing study
Inside Automotive
Better inventory, changed customers and more diversity – Chad Martin
On this episode of Inside Automotive, Chad Martin, President of Martin Management Group, joins host Jim Fitzpatrick to discuss the...
New EV tax credit rules revealed, tighten domestic sourcing guidelines
After several months of delay, the U.S. Treasury has tightened domestic sourcing requirements for electric vehicle tax credits.
Up till now, automakers and consumers have enjoyed minimal restrictions on which cars...
Tesla surpasses expectations with record-breaking deliveries
After cutting the price of its vehicles, Tesla released its Q1 2023 production and delivery figures. Which confirm that both hit new records and exceeded expectations.
The general belief among analysts...
J.D. Power finds brand loyalty a top priority in leasing market
Recent data from Cox Automotive reveals that the average transaction price of a new vehicle in the U.S. in February was $48,763, around $12,000 more than it was five years...
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