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

shareholders

Elon Musk sells $6.9 B worth of Tesla shares ahead of Twitter legal fight

- August 11, 2022
According to a filing with the SEC, Tesla founder and CEO Elon Musk recently sold 792 million shares of the company—worth $6.9 billion. Musk made the sale to finance the potential forced deal with...
Articles Headlines
inflation

US inflation slowed to 8.5% in July, gasoline and energy prices fall

- August 11, 2022
Inflation in the United States unexpectedly cooled in July as a rebound in the cost of gasoline and other energy products decreased. The US Bureau of Labor Statistics' latest consumer price index (CPI)...
Articles Headlines
Shift

Online used car retailer Shift plans merger with CarLotz to boost profitability

- August 11, 2022
Used car eCommerce platform Shift is merging with consignment firm CarLotz, and the two companies promise to deliver a better way to buy and sell used cars. With Shift, customers can shop for cars online...
Articles Headlines
Nikola

CEO Mark Russell plans to leave Nikola at the end of 2022

- August 11, 2022
Mark Russell will retire as CEO of Nikola at the end of the year, the company announced on Monday. Russell has been with Nikola since 2014 and has served as CEO...
Articles Headlines
LMP Automotive

LMP Automotive sells more assets, seeks approval for plan of liquidation

- August 10, 2022
LMP Automotive Holdings, Inc. and its affiliates announced on Monday that it has entered into an all-cash asset sales agreement to sell several automotive dealerships in Florida and West Virginia...
Daily Automotive News Articles
Vroom

Vroom revenues fall 38% in Q2, missing consensus EPS estimates

- August 10, 2022
Vroom exceeded Wall Street expectations for its second-quarter earnings. The retailer reported a $0.83 decrease per share and a loss of $115.1 million. However, earnings jumped 5.19%, and the company posted...
Articles Headlines
MSRP

How are dealer markups affecting brand and dealership loyalty?

- August 10, 2022
While inflation is widely in effect across the country, dealerships have continued to mark up vehicle prices beyond the recommended MSRPs. In May this year, 80% of consumers paid at...
Articles Headlines
joint-ventures

The most significant and innovative automotive joint-ventures of 2022 so far

- August 9, 2022
Automakers are ramping up their joint-ventures, especially in 2022. Automakers are partnering with domestic and foreign suppliers of EV battery components to lower the cost of EV materials and increase...
Daily Automotive News Articles
electric cars

5 of the hottest electric cars on the market and 5 more coming soon

- August 9, 2022
Electric cars are growing in popularity. With each coming month, more and more Americans are growing warmer to the idea of owning an electric car, but there are still some...
Daily Automotive News Articles
semiconductor

President Biden signs CHIPS bill allocating $52 B for US semiconductor industry

- August 9, 2022
Yesterday, President Joe Biden signed the bipartisan CHIPS and Science Act legislation into law, intending to increase American semiconductor competitiveness with China. The plan provides billions in tax incentives to stimulate investment...
Articles Headlines

Latest Articles
Latest Articles 05/25/26

Ford & Ram expand truck strategies, Affordability slips in April, Mercedes-Benz to launch urban assisted driving in Germany

Ford, Ram accelerate truck strategies with new packages and vehicle launches
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New-vehicle affordability slips in April as prices, rates, payments climb
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UAW pushes tougher USMCA rules, Ford pauses F-150 production, J.D. Power sees resilient auto sales
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CBT News
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