TSLA426.0108.16%
GM78.7901.58%
F14.9301.26%
RIVN14.2200.07%
CYD57.3501.69%
HMC26.4700.21%
TM189.080-0.58%
CVNA68.2803.89%
PAG164.7303%
LAD276.5802.05%
AN189.9803.55%
GPI326.1806.07%
ABG187.7202.34%
SAH78.1602.26%
TSLA426.0108.16%
GM78.7901.58%
F14.9301.26%
RIVN14.2200.07%
CYD57.3501.69%
HMC26.4700.21%
TM189.080-0.58%
CVNA68.2803.89%
PAG164.7303%
LAD276.5802.05%
AN189.9803.55%
GPI326.1806.07%
ABG187.7202.34%
SAH78.1602.26%
TSLA426.0108.16%
GM78.7901.58%
F14.9301.26%
RIVN14.2200.07%
CYD57.3501.69%
HMC26.4700.21%
TM189.080-0.58%
CVNA68.2803.89%
PAG164.7303%
LAD276.5802.05%
AN189.9803.55%
GPI326.1806.07%
ABG187.7202.34%
SAH78.1602.26%


Industry News

Toyota

Toyota increases investment in N. Carolina battery plant by $2.5 billion

- September 1, 2022
Toyota Motor Corporation announced that the company would increase investment in a new US battery plant in response to rising consumer demand for electric vehicles. Toyota will almost triple the...
research

Dept. of Energy grants University of Michigan $11 million to fund EV battery research

- September 1, 2022
The US Department of Energy has awarded the University of Michigan an $11 million federal grant to fund research for ceramic, solid-state batteries for use in electric vehicles. The grant will...
catalytic converter thefts

What steps are being taken to curtail the uptick in catalytic converter thefts?

- August 31, 2022
Catalytic converter thefts have increased in multiple cities across the country. Between 2018 and 2020, catalytic converter thefts increased from 1,298 to over 14,000, according to the National Insurance Crime...
ACV Auctions

ACV Auctions files lawsuit claiming competitors violated antitrust rules

- August 31, 2022
Online auction company, ACV Auctions, has filed an antitrust lawsuit that alleges several companies in the physical auction sector conspired to hinder ACV's ability to compete in the market.  In a complaint filed...
Black supplier program

Stellantis partners with the National Business League for Black supplier program

- August 31, 2022
The National Business League and automaker Stellantis revealed they are partnering to launch a program to develop and support black-owned supplier companies. The National Black Supplier Development Program will assist businesses with development through education,...
New vehicle supply levels recovered to their highest levels since June 2020 in February while prices continued to decline.

Slim new car inventory keeps prices and profitability soaring

- August 31, 2022
According to a new forecast from J.D. Power and LMC Automotive, new-vehicle retail sales for August are expected to decline compared to August 2021. Combined with record-setting new-vehicle prices and retailers struggling to...
recession

Former Fed economist Stephen Roach sheds light on recession concerns

- August 31, 2022
Stephen Roach, Senior Fellow at Yale University's Jackson School of Global Affairs, appeared on CNBC's "Fast Money" where he said the U.S. needs a "miracle" to avoid a recession.  Roach served as chair...
korean automakers

S. Korean automakers share concerns over US Inflation Reduction Act

- August 30, 2022
South Korean officials will meet with agents from the US Trade Representative's office and the US Treasury to express "concerns" about the Inflation Reduction Act, signed by President Joe Biden on August 16. Officials are...
full self-driving

Elon Musk aims to release full self-driving Tesla cars by end of year

- August 30, 2022
While speaking at the Offshore Northern Seas 2022 energy conference in Norway on Monday, Tesla CEO Elon Musk commented on the company's full self-driving vehicle technology, the SpaceX Starship spacecraft, and the future of the oil...
Honda

Honda, LG Energy prepare to build $4 billion EV battery plant in the US

- August 30, 2022
In a recently released statement, Honda Motor Company and South Korean battery maker LG Energy Solutions plan to invest $4.4 billion in a US battery plant to build lithium-ion batteries for electric vehicles. A location...


CBT News
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