EV sales will plummet by nearly 60% in October, J.D. Power says
On the Dash:
Electric vehicle sales are expected to plummet nearly 60% in October, dropping to just 5.2% of new-vehicle sales.
The September surge in EV purchases was driven by...
TSLA380.840-10.22%
GM76.070-1.65%
F14.2150.025%
RIVN17.4550.365%
CYD43.900-0.815%
HMC28.160-0.61%
TM177.610-2.15%
CVNA67.360-3.3%
PAG202.660-2.08%
LAD335.280-3.88%
AN205.720-3.28%
GPI326.060-5.56%
ABG220.360-6.3%
SAH100.420-2.3%
TSLA380.840-10.22%
GM76.070-1.65%
F14.2150.025%
RIVN17.4550.365%
CYD43.900-0.815%
HMC28.160-0.61%
TM177.610-2.15%
CVNA67.360-3.3%
PAG202.660-2.08%
LAD335.280-3.88%
AN205.720-3.28%
GPI326.060-5.56%
ABG220.360-6.3%
SAH100.420-2.3%
TSLA380.840-10.22%
GM76.070-1.65%
F14.2150.025%
RIVN17.4550.365%
CYD43.900-0.815%
HMC28.160-0.61%
TM177.610-2.15%
CVNA67.360-3.3%
PAG202.660-2.08%
LAD335.280-3.88%
AN205.720-3.28%
GPI326.060-5.56%
ABG220.360-6.3%
SAH100.420-2.3%
electric vehicles
Oklahoma Chevrolet dealer sees robust Q4 despite affordability concerns – Dorian Jimenez
As we move into the final quarter of the year, dealers are monitoring what’s shaping today’s market and what’s to come. Joining us on today’s episode of Inside Automotive to...
Elon Musk could step down if Tesla pay plan is rejected
On the Dash:
Tesla’s CEO may step down if shareholders reject his proposed $1 trillion pay plan.
The package ties 12 stock-option tranches to milestones in market value, autonomous tech,...
Toyota posts 3% global sales increase as hybrids fuel U.S. demand
On the Dash:
Global sales rose 3% in September to 949,153 vehicles; production climbed 9% to 1.03 million.
U.S. sales surged 14% as hybrids made up 42% of Toyota’s first-half...
Porsche plunges to $1.1 billion quarterly loss as tariffs, EV setbacks weigh on outlook
On the Dash:
Porsche posted a 966 million euros ($1.1 billion) operating loss in Q3, reversing last year’s profit.
The automaker plans further cost cuts, higher U.S. prices, and a...
Rivian settles $250 million IPO lawsuit
On the Dash:
Rivian will pay $250 million to settle investor claims over alleged IPO misrepresentation.
The company is cutting more than 600 jobs to reduce costs and stabilize operations.
...
Rivian to lay off over 600 workers, WSJ reports
On the Dash:
Rivian is cutting 4% of its workforce to manage costs amid declining EV incentives and revenue pressures.
The company lowered its full-year delivery guidance, even after Q3...
GM plans eyes-off driving and AI-powered vehicles by 2028
On the Dash:
General Motors plans to launch eyes-off autonomous driving by 2028, starting with the all-electric Cadillac ESCALADE IQ.
GM will introduce conversational AI with Google Gemini in 2026,...
Volvo Cars shares soar 40% after stronger-than-expected third-quarter profit
On the Dash:
Volvo Cars posts stronger-than-expected Q3 profit, driving shares up about 40%—its biggest intraday gain since going public.
Cost-cutting measures and one-off items boosted margins, while BEV sales...
GM to end BrightDrop electric van production in Canada
On the Dash:
GM is ending BrightDrop van production in Ontario, affecting about 1,200 workers.
The automaker is prioritizing U.S.-based gas vehicle production under new trade and policy conditions.
Canada’s...
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