TSLA411.1504.72%
GM84.0702.57%
F14.790-0.05%
RIVN16.680-0.08%
CYD51.8301.8%
HMC26.9700.53%
TM180.2205.27%
CVNA68.9004.8%
PAG180.070-0.89%
LAD308.520-4.86%
AN193.3901.86%
GPI325.7400.41%
ABG199.5500.02%
SAH83.710-0.9%
TSLA411.1504.72%
GM84.0702.57%
F14.790-0.05%
RIVN16.680-0.08%
CYD51.8301.8%
HMC26.9700.53%
TM180.2205.27%
CVNA68.9004.8%
PAG180.070-0.89%
LAD308.520-4.86%
AN193.3901.86%
GPI325.7400.41%
ABG199.5500.02%
SAH83.710-0.9%
TSLA411.1504.72%
GM84.0702.57%
F14.790-0.05%
RIVN16.680-0.08%
CYD51.8301.8%
HMC26.9700.53%
TM180.2205.27%
CVNA68.9004.8%
PAG180.070-0.89%
LAD308.520-4.86%
AN193.3901.86%
GPI325.7400.41%
ABG199.5500.02%
SAH83.710-0.9%


car business

GM, LG Solutions agree to $150 mln settlement, Volvo teams up with Daimler Truck, Incentives return despite high interest rates

- May 17, 2024
Top stories GM, LG agree on a $150 million relief settlement for Chevy Bolt EVs. Read More Volvo, Daimler Truck plan a joint venture to amplify digital transformation. Incentives return, but high...
GM, South Korea's LG Energy Solution and LG Electronics have agreed to establish a $150 million fund to compensate Chevrolet Bolt EV owners.

GM, LG settle for $150 million to compensate Chevy Bolt EV owners over defective batteries

- May 17, 2024
General Motors (GM) and South Korea's LG Energy Solution and LG Electronics have agreed to establish a $150 million fund to compensate Chevrolet Bolt EV owners affected by defective batteries....
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

Stellantis faces labor challenges amid UAW contract fallout, spotlight on EMMA Systems in aviation technology

- May 17, 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...

Honda doubles EV investment, Kia offers $12k in EV discounts, Hyundai’s global wholesale sales fall

- May 16, 2024
Top stories Honda doubles EV investment. Read More Kia offers EV discounts up to $12,000. Read More Hyundai's global wholesale sales declined in April. Read More Used retail vehicle sales plummet. Read More Featured Interview How...
According to Cox Automotive estimates from vAuto Live Market View data, retail used-vehicle sales declined 7% in April compared to March.

Retail used-vehicle sales dip 7% in April, Cox automotive reports

- May 16, 2024
According to estimates from vAuto Live Market View data, retail used-vehicle sales declined 7% in April compared to March. Despite this decrease, the total retail sales volume reached 1.45 million...
Hyundai Motor Company, encompassing the Hyundai and Genesis brands, reported a global vehicle sales figure of 345,840 in April 2024.

Hyundai Motor’s global EV sales decline by 3.3% in April

- May 16, 2024
Hyundai Motor Company, encompassing the Hyundai and Genesis brands, reported a global vehicle sales figure of 345,840 in April 2024, marking a 3.3% decrease compared to the previous year.  However, South...
Kia is making waves in the electric vehicle market with unprecedented discounts of up to $12,000 on its latest 2024 EV6 and EV9 models. 

Kia offers up to $12,000 off 2024 EV6 and EV9 models, biggest discounts yet

- May 16, 2024
Kia is making waves in the electric vehicle market with unprecedented discounts of up to $12,000 on its latest 2024 EV6 and EV9 models.  The EV6, launched in 2021 and already...
Honda announced its investment towards electrification and software development will double to $65 Billion over the next decade. 

Honda plans to double its investment in electrification and software to $65 billion by 2030

- May 16, 2024
Japan's Honda Motor announced a significant increase in its investment towards electrification and software development, doubling its commitment to approximately $65 billion over the next decade.  Honda CEO Toshihiro Mibe made this...
The Biden administration has announced new tariffs on Chinese EVs and other products. Therefore, on today's CBT Now, Kevin Tynan, joins us.

Understanding the political and market dynamics behind Biden’s Chinese tariffs – Kevin Tynan | Bloomberg Intelligence

- May 16, 2024
The Biden administration has announced new tariffs on Chinese EVs and other products. Therefore, on the latest episode of CBT Now, Kevin Tynan, Senior Automotive Analyst for Bloomberg Intelligence, joins...
Rivian, once celebrated in the EV market, has revealed plans for further layoffs in California, signaling ongoing industry challenges

Rivian announces additional layoffs in California amid EV market challenges

- May 15, 2024
Rivian Automotive, once celebrated in the electric vehicle (EV) market, has revealed plans for further layoffs in California, signaling ongoing challenges in the industry. The company's vice president of people,...