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%


electric vehicles

Tesla sales declined in the first quarter for the first time in four years, underlining the impact of cooling electric vehicle demand.

Tesla posts disappointing Q1 sales under weakening EV demand

- April 3, 2024
Tesla posted first-quarter sales on Tuesday, with disappointing forecasts and a sharp decline in deliveries that underline the impact of the electric vehicle market's demand cooldown. Analysts initially expected Tesla to...
BYD witnessed a sharp quarter-over-quarter electric vehicle sales decline amidst a slowdown in demand and an economic downturn in China.

BYD EV sales plummet in Q1 as hybrids surge

- April 2, 2024
China-based automaker BYD has reported a significant drop in electric vehicle sales after aggressive price cuts drove record-high volumes in the previous quarter. On Monday, the company reported sales of 300,114...
Chinese automaker SAIC is planning to lay off thousands of workers at its General Motors and Volkswagen joint ventures, according to Reuters.

China’s SAIC allegedly plans layoffs at GM, VW joint ventures after sales fall

- April 1, 2024
State-owned Chinese automaker SAIC Motors may be planning to lay off a significant portion of its General Motors and Volkswagen joint-venture staff, in addition to employees at one of its...
Nissan & Mitsubishi team up to catch up in the EV market as both automakers plan to produce an electric pickup in Mexico.

Nissan, Mitsubishi partner to produce electric pickup trucks for U.S. market

- April 1, 2024
Japanese automakers Nissan and Mitsubishi are partnering to catch up to the U.S. market as it shifts towards electric vehicles. The companies have agreed to exchange electrification technology, with Mitsubishi...
Tesla has raised Model Y prices ahead of the release of its quarterly sales report, which is expected to reveal cooling demand.

Tesla hikes Model Y price as Q1 sales report looms

- April 1, 2024
Tesla has raised prices across its Model Y lineup as the company braces for the release of its quarterly sales report. All Model Y trim levels received price hikes of $1,000,...
Starting April 1, one third of Dearborn's Rouge EV Plant's workers will remain on-site due to slower F-150 Lightning demand.

Ford cuts back production at Rouge EV factory due to ‘slower-than-expected’ demand

- March 29, 2024
Ford has announced that starting April 1, a third of the 2,100 workers who make up three crews at the Dearborn, Michigan, Rouge Electric Vehicle Plant will remain on-site. This...
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

High stakes as new EV makers burn cash and seek lifelines

- March 29, 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...
Earlier this week: Nissan plans to boost sales by 1 million units and slash EV costs through its "Arc" strategy by 2027.

Automotive weekly roundup: Nissan targets growth, online sales rise, Hyundai Invests big in EV future

- March 29, 2024
Earlier this week: Nissan plans to boost sales by 1 million units and slash EV costs through its "Arc" strategy by 2027. CarGurus reports a trend toward online car buying...
Fisker is set to cut prices across its 2023 Ocean electric SUV lineup, hoping to spur sales as the threat of bankruptcy looms.

Fisker aggressively cuts Ocean SUV prices, looks to avoid bankruptcy

- March 28, 2024
Electric vehicle startup Fisker is making aggressive price cuts across its 2023 Ocean SUV lineup as it grapples with an increasingly dire financial situation that may result in bankruptcy. The new...
At the New York Auto Show (and online), Hyundai revealed an enhanced 2025 Santa Cruz Sport Adventure Vehicle & Tucson SUV.

Hyundai shows off revamped 2025 Santa Cruz at NY Auto Show

- March 28, 2024
At the New York International Auto Show, Hyundai revealed an enhanced 2025 Santa Cruz Sport Adventure Vehicle. During the show, Brad Arnold, Hyundai Design North America's senior design manager for exteriors,...


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