TSLA367.50018.75%
GM86.8700.6%
F13.9950.115%
RIVN16.055-0.0152%
CYD38.4350.225%
HMC32.0150.155%
TM196.9702.49%
CVNA73.140-0.9%
PAG216.780-0.23%
LAD369.920-0.44%
AN202.9052.815%
GPI269.8605.91%
ABG212.5000.88%
SAH79.500-0.18%
TSLA367.50018.75%
GM86.8700.6%
F13.9950.115%
RIVN16.055-0.0152%
CYD38.4350.225%
HMC32.0150.155%
TM196.9702.49%
CVNA73.140-0.9%
PAG216.780-0.23%
LAD369.920-0.44%
AN202.9052.815%
GPI269.8605.91%
ABG212.5000.88%
SAH79.500-0.18%
TSLA367.50018.75%
GM86.8700.6%
F13.9950.115%
RIVN16.055-0.0152%
CYD38.4350.225%
HMC32.0150.155%
TM196.9702.49%
CVNA73.140-0.9%
PAG216.780-0.23%
LAD369.920-0.44%
AN202.9052.815%
GPI269.8605.91%
ABG212.5000.88%
SAH79.500-0.18%


car business

Mexico will not provide government subsidies to Chinese automakers due to pressures from U.S. officials, one report claims.

Mexico denies BYD, other Chinese car makers, access to incentives

- April 18, 2024
Mexico has reportedly denied Chinese automakers access to government incentives due to pressures from U.S. officials. According to a Reuters report, Mexican officials met with BYD, a major Chinese automaker, in...
Stellantis recently prevented factory closures by paying a supplier $100,000. The supplier being MacLean-Fogg Component Solutions LLC.

Stellantis pays $100,000 to supplier to prevent factory closures in Indiana

- April 18, 2024
Stellantis recently prevented factory closures by paying a supplier $100,000. The supplier, MacLean-Fogg Component Solutions LLC, had threatened to cease shipping pinions and gears to two of Stellantis' plants in...
Used vehicle prices at auction declined in the first two weeks of April as sales cooled off from a tax-season-fueled surge.

Wholesale used vehicle prices slip in early April as sales pace slows

- April 18, 2024
Used vehicle prices at auction declined again in the first half of April as the average pace of sales slowed following a burst of demand in March. The total month-over-month decline...
Rivian is planning to reduce employment by a further 1% by the end of the year in an effort to increase profitability. 

Rivian announces second round of layoffs to boost profitability

- April 18, 2024
Rivian, the EV startup, is taking drastic measures to boost its profitability. The company is implementing a second round of layoffs this year, which, although it only accounts for a...

Wholesale used car prices dip, Mexico denies China incentives, Rivian cuts jobs

- April 18, 2024
Inside Automotive How to incorporate employee feedback and win more talent — Gloria Purdy | Hoffman Auto Group Listening to employee feedback is more than a simple strategy for keeping workers happy....
Honda, gas-powered

NHTSA investigates over 3 million Honda vehicles after 47 crashes reported

- April 17, 2024
On April 17, the U.S. National Highway Traffic Safety Administration (NHTSA) made a significant announcement. It revealed that it had escalated its investigation into a serious issue- the abrupt activation...

Governors issue anti-union statement, Tesla share price dips, NHTSA investigates Honda

- April 17, 2024
Inside Automotive Industry expert warns against overreliance on EVs, advocates for consumer-driven options – Joe McCabe | AutoForecast Solutions Despite the push towards EVs, the adoption rate has been notably slower than...
A surge in used EV affordability means that buyers are hunting for deals, but getting an accurate value may be harder than it seems.

Does America have a used EV problem – or opportunity?

- April 17, 2024
In the US, there are two used cars on the road for every new one. Pre-owned auto sales is big business. Plummeting prices, soaring inventory, and tax season mean that...
EV startup Fisker expands dealer network to improve finances. New dealer in Miami and Europe added after price cut for Ocean electric SUV.\

Fisker expands dealer network after Ocean electric SUV price cuts

- April 16, 2024
California-based electric vehicle (EV) startup Fisker is seeking to improve its financial situation by expanding its dealer network. The company has recently recruited a new dealer in Miami and several...
General Motors plans to abandon its home since 1996 but will keep its headquarters in Detroit.

General Motors to move headquarters next year after almost 3 decades

- April 16, 2024
General Motors will move its headquarters from its home of nearly 30 years to the new Hudson's Detroit building located on Woodford Avenue. The move is scheduled to take place over...


CBT News
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.