Mississippi Gov. signs bill limiting how EV manufacturers can sell

Jaelyn Campbell - March 20, 2023

A bill from Mississippi that prohibits EV manufacturers from selling their vehicles directly to consumers instead of through franchised dealers has been made law. The measure, which had been adopted by...

Articles Headlines

5 notable automotive M&A deals in the first months of 2023

Kimberly Hurley - March 16, 2023

With dealership and OEM profits relatively high, increased consumer demand, and an uptick in retirees who are closing or selling their dealerships, M&A activity has been high for several quarters...

Daily Automotive News Mergers & Acquisitions Tracker

GM considers implementing ChatGPT in future vehicles

Jaelyn Campbell - 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...

Articles Headlines

Rivian seeks to end exclusivity in electric van deal with Amazon

Jaelyn Campbell - 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...

Articles Headlines

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

Jaelyn Campbell - 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...

Articles Headlines

31% of new vehicles were sold above MSRP last month

Jaelyn Campbell - 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...

Articles Headlines

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

Jaelyn Campbell - 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...

Articles Headlines

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

Jaelyn Campbell - 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...

Articles Headlines

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

Jaelyn Campbell - 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...

Articles Headlines

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

Jaelyn Campbell - 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...

Articles Headlines

automotive industry

Mississippi Gov. signs bill limiting how EV manufacturers can sell

5 notable automotive M&A deals in the first months of 2023

GM considers implementing ChatGPT in future vehicles

Rivian seeks to end exclusivity in electric van deal with Amazon

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

31% of new vehicles were sold above MSRP last month

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

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

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

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

Latest Articles

Bojangles installs first EV charging station, redefining the roadside stop with a new “charge-and-dine” experience

UAW pushes tougher USMCA rules, Ford pauses F-150 production, J.D. Power sees resilient auto sales

UAW presses for tougher U.S. manufacturing rules ahead of USMCA talks

Ford halts F-150 production at Dearborn plant after stamping issue

J.D. Power forecasts resilient U.S. auto sales despite affordability concerns

Waymo halts Atlanta robotaxi service after vehicle drives into flooded road

2026 Toyota Corolla XSE: Smart, efficient, and still playing it safe

The 60-second heist: How high-tech car theft is exploding in America, and why no one is talking about it

Big brother on the road: The growing backlash against license plate surveillance

Stellantis unveils bold $70B turnaround plan, promises 9 new vehicles under $40k