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

New car prices declined slightly in March due to recoveries in inventory and incentive levels, but failed to boost monthly sales.

Average new car prices dip in March, but affordability remains distant

- April 15, 2024
New car prices dipped again in March amidst a resurgence in inventory and manufacturer incentives. Kelley Blue Book data indicates the average new car transaction price dipped 1% on a monthly...
An internal memo indicates that Tesla is planning to cut 10% of its global workforce following a slowdown in electric vehicle sales.

Tesla to lay off thousands of employees worldwide after Q1 sales disappoint

- April 15, 2024
Tesla plans to lay off more than 10% of its employees worldwide, according to an internal memo leaked earlier today. In the document, Tesla CEO Elon Musk wrote, "As we prepare...
Ford has slashed prices on its 2024 F-150 Lighting electric pickup amidst a modest surge in EV affordability.

Ford confirms Lightning pickup price cuts ahead of release

- April 12, 2024
Ford has confirmed price cuts to the F-150 Lightning battery-powered pickup, joining automakers such as Tesla in efforts to improve electric vehicle affordability. On April 11, a leaked dealership memo indicated...
Ohio Senator Sherrod Brown is calling on the White House to implement an outright ban on electric vehicle imports from China.

Lawmaker escalates attack on China-made electric vehicles, calls for ban

- April 12, 2024
Calls for a ban on China-made electric vehicles have escalated in recent weeks following the launch of an investigation in February into whether such products present a risk to the...
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

Car thefts on the rise as criminals adapt to new technology

- April 12, 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 the...
China's EV industry is driving a surge in ship orders, suggesting it could have the world's fourth-largest fleet of car carriers by 2028.

Automotive weekly roundup: Tesla settles lawsuit, auto credit availability improves, China’s aggressive EV push

- April 12, 2024
Earlier this week: Toyota has taken over testing at subsidiary Daihatsu after investigations revealed evidence of cheating on safety certifications for years. Reports of improving affordability and lower car prices...
Rising car insurance costs have risen rapidly in recent years, nearly negating recent improvements in affordability.

Rising car insurance costs threaten affordability surge

- April 11, 2024
Car insurance costs have surged without any sign of slowing down for the last three years, offsetting affordability improvements gained by falling car prices. Economic data suggests that car insurance premiums...
Glenn Pasch joins Inside Automotive to discuss key strategies that can help dealers elevate the customer experience across all channels.

Auditing your marketing process to elevate the customer experience — Glenn Pasch | PCG Digital

- April 11, 2024
On this episode of Inside Automotive, host Jim Fitzpatrick is joined by Glenn Pasch, auto marketing expert and CEO of PCG Digital, to discuss simple tactics and strategies that elevate...
BMW sales rose marginally during the first quarter, lifted by strong electric vehicle demand despite a cooldown in pricing.

BMW sales rise in Q1 thanks to strong EV performance

- April 10, 2024
BMW sales rose slightly in the first quarter thanks to a surge in electric vehicle demand, fueling optimistic expectations for the remainder of the year. The German automaker sold 594,671 units...
Leading up to the settlement, Tesla argued that the driver had been playing a game on his phone before the crash.

Tesla settles Autopilot lawsuit over 2018 crash that killed Apple engineer

- April 9, 2024
Tesla has settled a highly publicized lawsuit over the death of Apple engineer Walter Huang, who crashed his Model X while using Autopilot in 2018. The surprise settlement arrived just before...


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