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...
TSLA375.5800.28%
GM84.3250.375%
F13.120-0.05%
RIVN15.315-0.045%
CYD35.3100.27%
HMC32.5600.03%
TM193.2000.7%
CVNA68.1100.93%
PAG213.6001.44%
LAD319.6103.46%
AN170.3551.595%
GPI255.5804.71%
ABG187.3502.8%
SAH66.5000.58%
TSLA375.5800.28%
GM84.3250.375%
F13.120-0.05%
RIVN15.315-0.045%
CYD35.3100.27%
HMC32.5600.03%
TM193.2000.7%
CVNA68.1100.93%
PAG213.6001.44%
LAD319.6103.46%
AN170.3551.595%
GPI255.5804.71%
ABG187.3502.8%
SAH66.5000.58%
TSLA375.5800.28%
GM84.3250.375%
F13.120-0.05%
RIVN15.315-0.045%
CYD35.3100.27%
HMC32.5600.03%
TM193.2000.7%
CVNA68.1100.93%
PAG213.6001.44%
LAD319.6103.46%
AN170.3551.595%
GPI255.5804.71%
ABG187.3502.8%
SAH66.5000.58%
electric vehicles
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...
Tesla expected to post revenue growth despite margin pressures
On the Dash:
Tesla’s Q3 sales are boosted by expiring U.S. EV tax credits, with new, cheaper Model 3 and Model Y trims driving demand.
Margin pressures are rising as...
GM raises profit outlook, navigates EV challenges, seeks tariff relief
On the Dash:
GM raised its 2025 adjusted core profit outlook to $12–$13 billion, signaling stronger-than-expected earnings and tariff relief.
EVs remain a small portion of total sales, and GM...
GM Energy expands charging, home energy solutions to drive EV adoption
On the Dash:
GM Energy boosts EV adoption through expanded charging options.
The division shows rapid growth, with a 30% monthly revenue increase and a fivefold increase in sales, and...
Kevin Roberts on CarGurus’ Q3 report shows affordability challenges and EV surge shaping the market
The U.S. automotive market faces ongoing affordability pressures even as certain segments, particularly luxury vehicles and hybrids, continue to see robust growth. Joining us on today's episode of CBT Now is...
GM scales back EV production, takes $1.6 billion charge
On the Daah:
GM will record a $1.6 billion charge tied to EV production adjustments, including $1.2 billion in non-cash impairments.
The company cited declining EV demand and recent U.S....
Ford slashes F-150 Lightning prices after EV credit ends
On the Dash:
Ford lowers 2026 F-150 Lightning prices by up to $4,000 and boosts range to sustain sales after the federal EV tax credit ends.
The Lightning outsold Tesla’s...
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