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 news

Electric vehicle customers are highly likely to consider new brands when shopping, according to an Edmunds study on brand loyalty.

Edmunds discovers low brand loyalty rates among EV buyers

- June 20, 2023
Electric vehicle customers are highly likely to consider new brands when shopping for a product, according to an Edmunds study on brand loyalty in the EV market. In its 2023 EV...
Ex-Nissan CEO Carlos Ghosn has filed a lawsuit against his former employer, seeking $1 billion in compensation for alleged defamation.

Ex-CEO Ghosn sues Nissan for $1 billion over alleged defamation

- June 20, 2023
Ex-Nissan CEO Carlos Ghosn has filed a lawsuit against his former employer, seeking $1 billion in compensation for alleged defamation, slander, libel and fabrication of material evidence. The case was filed...
Stellantis CEO Carlos Tavares

Stellantis invests $325 million into 10 sustainable mobility startups

- June 16, 2023
Stellantis Ventures, the investment arm of the automotive giant, has made significant financial commitments to fuel the growth of 10 startups and a mobility venture capital fund. These investments account...
GM

Weekly roundup: GM’s new EV battery plant, direct-to-consumer sales banned in Florida, and Lithia acquisition

- June 16, 2023
Earlier this week: General Motors announced that it will follow Ford's lead and adopt Tesla's North American Charging Standard. Florida Governor and presidential hopeful Ron DeSantis signed a state bill...
To further support affordability, median income experienced a growth of 0.3% during May. Manufacturers also offered increased incentives to entice buyers.

New vehicle affordability improved in May despite higher prices and interest rates

- June 15, 2023
In May, the affordability of new vehicles experienced a slight improvement compared to previous months, according to new data from Cox Automotive. This positive trend was primarily driven by solid...
Negotiations between the U.S. and U.K. are underway to arrange a deal granting U.K. businesses access to electric vehicle incentives

U.S. and U.K. talk electric vehicle incentives, negotiations underway

- June 9, 2023
Negotiations between the U.S. and U.K. are underway to arrange a deal granting U.K. businesses access to electric vehicle incentives in the Biden Administration's Inflation Reduction Act (IRA) through their exports...
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

AI has arrived and it will change the automotive industry forever

- June 9, 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...
May’s auto sales are defying even Cox Automotive’s initial expectations, as it looks like many automakers are reporting year-over-year gains

May auto sales come in hotter than projections but cool down from April 

- June 6, 2023
May’s new auto sales are defying even Cox Automotive’s initial expectations. It looks like the release of pent-up demand due to an increase in inventory is a significant culprit. Also,...
Ford is recalling 142,734 Lincoln vehicles over a fire hazard and has advised owners to park outside until they can visit their dealer

Ford recalls Lincoln SUVs for potential fire risk, warns drivers to park outside

- June 5, 2023
Ford is recalling 142,734 Lincoln vehicles over a potential fire hazard and has advised owners to park outside until they can visit their dealership for repairs. According to the National Highway...
Analysts expect to see car prices drop in the coming months as automakers overproduce in the face of declining demand.

Car prices in flux, may decline from overproduction, ‘price wars’

- June 5, 2023
Analysts expect to see car prices drop in the coming months as automakers overproduce in the face of declining demand. A report by UBS predicts that car manufacturers will build more...


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