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%


Industry News

Tesla

Analysts upgrade Tesla’s stock to ‘buy’ on the heels of revamped EV tax credits

- September 7, 2022
Industry analysts say now is the time to invest in Tesla, as the company is expected to reap the benefits of the Inflation Reduction Act faster than its competitors. Wolfe Research...
new gas vehicle sales

17 other states consider adopting California’s ban on new gas vehicle sales

- September 7, 2022
States are facing an important decision regarding vehicle emission standards. Seventeen states with standards tied to rules established in California are poised to decide whether to follow the state’s lead...
Ford

Ford’s new car sales fall 4% from month prior, but increase 27% year-over-year

- September 6, 2022
Ford released U.S. sales numbers for the month of August that place the company as America’s best-selling brand for two months in a row. The company reported an increase of...
jobs

US adds 315,000 jobs in August, unemployment creeps up to 3.7%

- September 6, 2022
The Bureau of Labor Statistics released a new report on Friday, which showed that despite a still struggling unemployment rate, the country saw some good news regarding rising wages and payroll. Nonfarm payrolls rose...
interest rate

Interest rate hikes drive monthly loan and lease payments to 4-year highs — S&P Global

- September 6, 2022
In an effort to curb out-of-control inflation, the Fed's recent interest rate hikes are starting to be felt by dealers and consumers alike. However, struggling inventory levels could prevent the...
Honda sales

Honda US sales slide 38% in August, supply of vehicles remains low

- September 5, 2022
American Honda reported that US sales dropped by 38% year-over-year in the month of August, as the company continued to struggle with supply shortages and low inventory levels. Honda reported...
supply Toyota

Toyota’s volume dropped 9.8% last month due to ongoing supply roadblocks

- September 5, 2022
Toyota Motor Corporation released its August sales numbers on Friday, showing that the company is still struggling to reach sales expectations due to low inventory supply. Toyota reported its year-over-year...

Vehicle recalls affect thousands of GM, Ford, Hyundai, and Toyota models

- September 5, 2022
The US National Highway and Traffic Safety Administration released recalls for the week of August 25 through the first day of September, and both Ford and Hyundai topped the list...
Buick

General Motors will offer buyouts to Buick dealers that don’t want electric cars

- September 2, 2022
General Motors revealed on Friday that it is offering buyouts to US Buick dealers who don't want to engage in the brand's shift to only selling domestically produced all electric...
Hyundai

S. Korean automakers Hyundai and Kia US sales bounce back in August

- September 2, 2022
Hyundai and Kia announced double-digit increases in US auto sales for August compared to the same month last year. The Korean brands have seen five months of declines related to...


CBT News
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