TSLA418.450-5.25%
GM83.2201.52%
F15.365-0.345%
RIVN18.120-0.15%
CYD58.1600.49%
HMC27.9300.22%
TM179.500-0.72%
CVNA66.2102.56%
PAG171.610-0.27%
LAD290.600-0.07%
AN188.140-2.11%
GPI305.430-0.32%
ABG190.1503.23%
SAH84.3201.03%
TSLA418.450-5.25%
GM83.2201.52%
F15.365-0.345%
RIVN18.120-0.15%
CYD58.1600.49%
HMC27.9300.22%
TM179.500-0.72%
CVNA66.2102.56%
PAG171.610-0.27%
LAD290.600-0.07%
AN188.140-2.11%
GPI305.430-0.32%
ABG190.1503.23%
SAH84.3201.03%
TSLA418.450-5.25%
GM83.2201.52%
F15.365-0.345%
RIVN18.120-0.15%
CYD58.1600.49%
HMC27.9300.22%
TM179.500-0.72%
CVNA66.2102.56%
PAG171.610-0.27%
LAD290.600-0.07%
AN188.140-2.11%
GPI305.430-0.32%
ABG190.1503.23%
SAH84.3201.03%


Ford

Automakers have started the process of re-evaluating which models qualify for the full electric vehicle tax credit following new regulations.

GM, Tesla react to Biden Admin’s new EV tax credit rules

- December 4, 2023
Last week, the Biden Administration announced new electric vehicle tax credit guidelines, causing U.S. automakers to re-evaluate which models will qualify for the government's $7,500 incentive in 2024. In its revisions,...
Biden released EV tax credit regulations restricting Chinese imports that could halt the U.S. from shifting away from fossil fuel

Biden’s new EV regulations to limit China’s role in U.S. market

- December 1, 2023
The Biden administration released electric vehicle tax credit regulations restricting Chinese imports. However, by reducing the number of vehicles that meet the $7,500 federal tax credit requirements, the regulations may...
Ford is committed to identifying cost-cutting measures, including a $12 billion scale-back in future electric vehicle (EV) investment.

Ford reissues 2023 guidance, reveals $8.8 billion cost of labor deal

- November 30, 2023
In its latest financial update, Ford Motor Company has reissued its 2023 guidance, a month after withdrawing it due to the ongoing labor strikes and negotiations with the United Auto...
Expert insights on the dynamics of EV sales: comparing direct-to-consumer and traditional dealership models in the electric vehicle market.

Future of EV sales: direct-to-consumer vs franchise dealers — Matt VanDyke | Shift Digital

- November 30, 2023
In recent years, the retail automotive industry has seen dramatic changes in the ways consumers shop for and purchase electric vehicles (EVs), challenging the traditional franchised model with direct-to-consumer sales....
Ford s reducing its plans for a $3.5 billion battery facility in Michigan due to the slower-than-anticipated shift towards electric vehicles.

Ford scales back Michigan battery plant amid EV adoption struggles

- November 23, 2023
Detroit automaker, Ford, is reducing its plans for a $3.5 billion battery facility in Michigan due to the slower-than-anticipated change in consumer preference toward electric vehicles, rising labor costs, and...
Ford lowers its requirements for dealers to participate in its EV certification program due to claims that it violates state franchise laws

Ford lowers standards for dealers in optional EV certification program

- November 21, 2023
Ford has lowered the requirements for dealers to participate in its voluntary electric vehicle certification program in response to 26 dealers' claims stating that Ford's EV dealer program breaches Illinois...
United Auto Workers members at facilities in Kentucky and Michigan have voted against contracts proposed by Detroit-Three OEMs.

United Auto Workers members at 3 plants vote no on Ford, GM deals

- November 13, 2023
United Auto Workers members at three key facilities in Kentucky and Michigan have voted to reject their respective contracts with Detroit-Three manufacturers, raising concerns about the union's efforts to move...
President Biden joined United Auto Workers in Illinois where he expressed hope the union's achievements would lead to widespread change.

Biden attended United Auto Workers event, endorses plan to organize non-union OEMS

- November 10, 2023
President Biden encouraged United Auto Workers members to expand their influence to non-unionized automakers during an appearance at a Thursday event hosted by the organization. The President has now appeared alongside...
Consumer behavior trends seemed to contradict automaker expectations in CarGuru's October intelligence report.

CarGurus report highlights disconnect in consumer behavior, OEM forecasts

- November 8, 2023
Consumer behavior trends seemed to contradict narratives set by automotive industry leaders throughout October, according to a new intelligence report by CarGurus. October presented challenges and even setbacks for many automakers,...
The United Auto Workers union has started to turn its focus toward non-unionized automakers such as Toyota and Tesla.

United Auto Workers sets sights on non-unionized companies, targets Toyota

- November 3, 2023
With their fight against Detroit-Three OEMs (presumably) won, United Auto Workers leaders are turning their attention toward non-unionized automakers in the U.S., such as Tesla and Toyota. In a series of...