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

Dealers and consumers will have to wait for relief from higher interest rates as Federal Reserve leaders leave its benchmark rate unchanged

Federal Reserve holds interest rates steady, impacting auto loans and dealer sentiment

- June 13, 2024
Dealers and consumers will have to wait for relief from higher interest rates as Federal Reserve leaders opted to leave the Fed benchmark rate unchanged. Following the Federal Open Market...

GM adjusts EV production amid slower demand, Kia recalls 2,000 EV9s, New vehicle prices drop

- June 12, 2024
Top stories General Motors adjusts EV production targets amid slower demand growth. Read More Kia recalls over 2,000 EV9 electric SUVs due to inadequate headliner protection. Read More U.S. new vehicle prices continue...
GM has revised its EV production target for 2024, lowering it to 200,000-250,000 units due to slower-than-expected demand growth.

General Motors adjusts EV production targets amid slower demand growth

- June 12, 2024
General Motors (GM) has revised its electric vehicle (EV) production target for 2024, lowering it from 200,000-300,000 units to 200,000-250,000 units due to slower-than-expected demand growth. Despite these adjustments, GM...
Kia has recalled 2,401 of its newly launched EV9 electric SUVs in the U.S. due to inadequate headliner protection during a crash.

Kia recalls over 2,000 EV9 electric SUVs due to inadequate headliner protection

- June 12, 2024
Kia has announced a recall for 2,401 of its newly launched EV9 electric SUVs in the U.S. due to inadequate headliner protection during a crash. This recall affects the 2024...
In May, new vehicle prices in the U.S. continued their downward trend, remaining lower year-over-year for the eighth consecutive month.

U.S. new vehicle prices continue downward trend in May, EV prices see temporary increase

- June 12, 2024
In May, new vehicle prices in the U.S. continued their downward trend, remaining lower year-over-year for the eighth consecutive month. According to Kelley Blue Book estimates, the average transaction price...
A recent survey by the IIHS revealed that U.S. drivers wouldn't mind if their vehicles warned them when they exceeded the posted speed limit.

Majority of U.S. drivers support speed limit warnings, IIHS survey finds

- June 12, 2024
A recent survey by the Insurance Institute for Highway Safety (IIHS) revealed that more than 60% of U.S. drivers would find it acceptable if their vehicles provided audible and visual...

UAW President investigated for abuse of power, Tesla’s self-driving claims challenged, Volvo recalls EX30 EVs

- June 11, 2024
Top stories UAW president faces investigation by federal Monitor for alleged abuse of power. Read More Tesla fails to dismiss California DMV claims of misleading self-driving marketing. Read More Volvo recalls all new...
Tesla failed to persuade a judge to dismiss the California DMV claims that the company overstated its self-driving capabilities.

Tesla fails to dismiss California DMV claims of misleading self-driving marketing

- June 11, 2024
Tesla failed to persuade an administrative judge to dismiss the California Department of Motor Vehicles (DMV) claims that the company overstated its self-driving capabilities. The DMV alleges that Tesla made...
Volvo Car has recalled all of its newly launched fully-electric EX30 sports utility vehicles due to a bug in the display software.

Volvo recalls all new EX30 electric SUVs over display software bug

- June 11, 2024
Volvo Car has recalled all of its newly launched fully-electric EX30 sports utility vehicles due to a bug in the display software. The Swedish automaker, which began delivering the EX30...
The latest Cox Automotive Dealer Sentiment Index for Q2 2024 remained stable compared to Q1, indicating a consistent outlook.

Cox Automotive dealer sentiment holds steady amid market uncertainty

- June 11, 2024
The latest Cox Automotive Dealer Sentiment Index (CADSI) for Q2 2024 remained stable compared to Q1, indicating a consistent outlook among U.S. auto dealers despite ongoing market and economic uncertainties....


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