Tesla posts robust Q3 earnings with $2.2B net income
Tesla reported a strong net income of $2.2 billion for the third quarter (Q3), reflecting a 17% increase compared to the same period last year. The company's total revenue for...
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%
car business
Hyundai warns of slowing demand and rising competition amid 7% drop in Q3 profit
Hyundai Motor has reported a 7% drop in third-quarter operating profit, citing a slowdown in demand and increased competition in the global auto industry. The company posted an operating profit...
Lithia Motors surpasses cost-cutting target, achieves $200M in savings
According to COO Adam Chamberlain, Lithia Motors successfully reduced expenses by $200 million by the end of the third quarter, surpassing its original cost-cutting target by $50 million. The initiative,...
Lawmakers pressure Stellantis, Tesla reports $2.2B Q3 profit, Hyundai faces 7% earnings drop
Top stories
Lawmakers urge Stellantis to honor UAW investment commitments amid rising tensions. Read More
Tesla posts robust Q3 earnings with $2.2B net income. Read More
Hyundai warns of slowing demand and rising...
Cory Collins shares strategies dealers can implement to offset shrinking front-end profits
As front-end gross profits continue to dwindle due to inventory normalization post-COVID, dealerships are placing an even greater emphasis on their F&I departments to maintain profitability. With cash deals on...
Car subscription services: A new model for car ownership
Car subscription services are gaining traction as an alternative to traditional car ownership models by offering flexibility and convenience in an all-inclusive package. Here, we look into the rise of...
U.S. finalizes $1.7B EV grants, Trump proposes vehicle tax breaks, Honda recalls 720K vehicles
Top stories
U.S. Energy Department races to finalize $1.7 billion in EV plant conversion grants. Read More
Trump proposes tax breaks for U.S.-made car purchases as election nears. Read More
Honda Recalls 720,000...
U.S. Energy Department races to finalize $1.7 billion in EV plant conversion grants
U.S. Energy Secretary Jennifer Granholm said on Tuesday that the U.S. Department of Energy is moving swiftly to finalize $1.7 billion in grants to convert automotive plants for electric vehicle...
Trump proposes tax breaks for U.S.-made car purchases as election nears
During a rally on Oct. 22 in Greensboro, North Carolina, Donald Trump highlighted his proposal to offer tax breaks for purchasing vehicles, but only if they are manufactured in the...
Honda recalls 720,000 vehicles over fuel pump leak risk
According to safety regulators, Honda is recalling approximately 720,000 vehicles in the United States due to a potential fire risk caused by a cracked fuel pump component. The affected models...
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