TSLA367.160-8.07%
GM83.050-0.95%
F12.050-0.05%
RIVN12.950-0.42%
CYD26.570-1.22%
HMC33.4500.12%
TM188.600-0.11%
CVNA57.960-2.43%
PAG194.790-0.88%
LAD281.490-5.29%
AN153.190-2.13%
GPI228.370-3.22%
ABG161.970-2.57%
SAH60.050-1.01%
TSLA367.160-8.07%
GM83.050-0.95%
F12.050-0.05%
RIVN12.950-0.42%
CYD26.570-1.22%
HMC33.4500.12%
TM188.600-0.11%
CVNA57.960-2.43%
PAG194.790-0.88%
LAD281.490-5.29%
AN153.190-2.13%
GPI228.370-3.22%
ABG161.970-2.57%
SAH60.050-1.01%
TSLA367.160-8.07%
GM83.050-0.95%
F12.050-0.05%
RIVN12.950-0.42%
CYD26.570-1.22%
HMC33.4500.12%
TM188.600-0.11%
CVNA57.960-2.43%
PAG194.790-0.88%
LAD281.490-5.29%
AN153.190-2.13%
GPI228.370-3.22%
ABG161.970-2.57%
SAH60.050-1.01%


automotive news

A judge has denied a shareholder-led lawsuit targeting Tesla CEO Elon Musk over his handling of last year's Twitter buyout

Judge tosses out lawsuit targeting Musk’s Twitter buyout

- May 23, 2023
A judge has denied a shareholder-led lawsuit targeting Tesla CEO Elon Musk over his handling of last year's Twitter buyout. The class-action suit alleged that Musk had acted unfairly towards investors...
Articles Headlines
A Michigan dealership has adopted a payment system making electric vehicle charging more expensive for local drivers

Dealer charges drivers by minute to use new EV charging stations

- May 23, 2023
A Michigan dealership has adopted a payment system making electric vehicle charging more expensive for local drivers. Initially, Williams Hyundai of Lansing, Michigan,  charged customers $1 per minute to use its...
Articles Headlines
Tesla Payout

Weekly roundup: Vehicle affordability improves, Twitter announces new CEO, Tesla Cybertruck update

- May 19, 2023
Earlier this week: During Tesla's annual shareholder meeting, Elon Musk dismissed speculation that he is considering stepping down as Tesla's CEO, vehicle affordability improved slightly in April, U.S. drivers are...
Daily Automotive News Articles
Earlier this week: Tesla broke ground on its brand new lithium refinery, Group 1 buys three stores, and more auto industry news headlines.

Weekly roundup: Carvana’s Q1 results, Tesla’s new lithium refinery, Group 1 acquisitions

- May 12, 2023
Earlier this week: Tesla CEO Elon Musk was joined by Texas Governor Greg Abbott during a ground-breaking ceremony for a brand new lithium refinery, Ford CEO Jim Farley confirms Apply...
Articles Daily Automotive News
Many automakers, including Ford, GM, Volvo and now Mercedes, are conforming to Tesla's fast charging system, also known as the North American Charging Standard or NACS.

The influence of over-the-air updates on connected vehicles

- May 12, 2023
Welcome to another edition of The Future of Automotive, with Steve Greenfield, Founder, and CEO of Automotive Ventures, where I put recent automotive and mobility news items into context, in...
Future of Automotive
Beck & Masten Buick-GMC

Group 1 brings three new dealerships on board, expands Texas presence

- May 10, 2023
Group 1 Automotive revealed the acquisition of three dealerships in Texas on May 8, 2023, as it continues to ramp up its growth efforts. In a press release, the auto group...
Articles Headlines
Carvana

Carvana beats expectations in Q1, narrows losses in bid for profitable future

- May 5, 2023
Used car retailer Carvana has released its first-quarter earnings report and revealed a quarterly loss of $1.51 per share, resulting in an earnings surprise of 19.5% over Wall Street forecasts.  Additionally, Carvana...
Articles Headlines
UAW won't endorse Biden without EV promises, call Trump re-election a "disaster"

UAW won’t endorse Biden without EV promises, calls Trump re-election a ‘disaster’

- May 4, 2023
The United Auto Workers (UAW) union is refusing to endorse President Biden's reelection campaign until his administration addresses concerns arising from the electrification of the auto industry. In a letter, newly-seated...
Articles Headlines
April's U.S. auto sales are projected to have a 2.3% rise compared to last year, likely due to increased inventory supply.

April U.S. auto sales see solid year-over-year gains

- May 4, 2023
April 2023 is a tale of two stories. One indicates that buyers are continuing to benefit from increased inventory offerings, while the other shows there might be a slowdown approaching...
Daily Automotive News Articles
Lordstown Motors at risk of bankruptcy after Foxconn threats

Lordstown may face bankruptcy after Foxconn threatens to withdraw funding

- May 2, 2023
Lordstown Motors could face bankruptcy after allegedly breaching its contract with Taiwanese technology manufacturer Foxconn. According to Lordstown's filing with the Securities and Exchange Commission (SEC) on Monday, May 1, the...
Articles Headlines

Latest Articles

Record car payments, 84-month loans raise affordability concerns
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Paul Sansone Sr., of Sansone Auto Mall, dies at 90
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UAW faces tougher 2028 talks, Credit access hits 11-year high, turn spectators into buyers
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CDK CONNECT showcases AI, data, and seamless workflows to drive dealer efficiency and profitability
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UAW's Shawn Fain faces tougher 2028 contract talks after re-election
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Acura plans 3 new SUVs, including 2028 RDX hybrid
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Credit access hits 11-year high as loan terms grow longer than ever
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Tesla robotaxis accused of speeding in school zones, NHTSA investigating
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Tesla robotaxis accused of speeding in school zones, NHTSA weighs probe


CBT News
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