New York joins California to ban sale of new gas-powered cars by 2035
New York will mandate all new vehicle purchases in the state to be zero-emission starting in 2035. New York Governor Kathy Hochul made the announcement last week at a press...
TSLA344.265-1.35499%
GM76.350-0.38%
F12.110-0.13%
RIVN15.4900.25%
CYD43.2500.41%
HMC24.055-0.315%
TM210.430-0.71%
CVNA335.7508.82%
PAG156.1100.96%
LAD269.8303.29%
AN199.815-0.605%
GPI335.995-2.115%
ABG203.3801.3301%
SAH67.515-0.31%
TSLA344.265-1.35499%
GM76.350-0.38%
F12.110-0.13%
RIVN15.4900.25%
CYD43.2500.41%
HMC24.055-0.315%
TM210.430-0.71%
CVNA335.7508.82%
PAG156.1100.96%
LAD269.8303.29%
AN199.815-0.605%
GPI335.995-2.115%
ABG203.3801.3301%
SAH67.515-0.31%
TSLA344.265-1.35499%
GM76.350-0.38%
F12.110-0.13%
RIVN15.4900.25%
CYD43.2500.41%
HMC24.055-0.315%
TM210.430-0.71%
CVNA335.7508.82%
PAG156.1100.96%
LAD269.8303.29%
AN199.815-0.605%
GPI335.995-2.115%
ABG203.3801.3301%
SAH67.515-0.31%
car business
Lordstown Motors starts production of Endurance electric pickup after delay
Lordstown Motors announced it has started commercial production on its highly anticipated Endurance EV pickup. The relatively new company received initial financial backing from General Motors, the former owners of...
CarMax Q2 earnings fall short, says inflation is shrinking car demand
CarMax saw its stock plummet after an announcement that it missed second-quarter earnings expectations. Shares dropped nearly 25%, marking a new 52-week low. CarMax shares are now down almost 50%...
NY bans new gas-powered car sales by 2035, CarMax earnings miss the mark, Lordstown starts Endurance production
Inside Automotive:
How to leverage digital transformation to improve auto financing processes — Jenn Reid | Wolters Kluwer
The auto retail industry is undergoing unprecedented digital transformation and technological innovation. More than...
CNCDA Pres. Brian Maas on California’s bold transition to 100% EVs by 2035
By 2035, all new cars sold in California must be electric vehicles (EVs), a significant change from the current landscape where gas-powered cars dominate. This shift will present substantial challenges...
How declining new vehicle affordability is rattling consumer budgets
Vehicle affordability has become a massive obstacle that car buyers must overcome. The problem has loomed large and shows no signs of slowing up — particularly in a climate where...
Cox Automotive Forecast: Third-quarter US auto sales mostly unchanged from 2021
In preparation for the end of the month sales results, Cox Automotive has lowered its full-year new vehicle sales forecast to 13.7 million units, down from the original forecast of...
Rivian shares expected to rally, Truist analysts upgrade to buy
Truist analysts say investors should buy Rivian shares immediately, ahead of an expected surge. Truist initiated coverage of the company with a buy rating and a $64 price target, signaling...
VW is well-positioned to fund EV transition after Porsche IPO, CFO says
The initial public offering of Porsche, and the future possibility of listing its battery unit, have put Volkswagen in a great position to fund its future electrification strategy, according to...
Hurricane Ian batters Florida dealers forcing many to close temporarily
Auto dealerships across the state of Florida were forced to close their doors due to Hurricane Ian. Dealerships from Tampa across to the state's Atlantic Coast closed up shop on...
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