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

Inflation Reduction Act

Senate passes Inflation Reduction Act, expands EV tax credits with conditions

- August 8, 2022
Controversial news for the electric vehicle industry and automakers as the Senate passed a slimmed-down version of the Inflation Reduction Act. The bill now heads to the House for approval....
Articles Headlines
Tesla Elon Musk

Elon Musk predicts inflation easing and doubles down on mild recession forecast

- August 8, 2022
During a shareholder meeting on Thursday, Tesla’s CEO Elon Musk was asked by his investors how the economy would affect spending habits in the next few years. Musk said he...
Articles Headlines
Lucid Motors

Lucid Motors decreases EV production target by 50%

- August 8, 2022
Supply chain problems continue to affect automakers, including Lucid Motors, who once again slashed EV production goals for the year. Shares of the vehicle fell 12% after its second quarterly...
Articles Headlines
non-luxxury

Toyota remains most-shopped in Q2, says Kelley Blue Book Brand Watch

- August 8, 2022
According to the most recent Kelley Blue book Brand Watch report, high gas prices have caused consumers of non-luxury automobiles to consider traditional cars at a level not seen since before...
Articles Headlines
mergers and acquisitions

Dealership mergers and acquisitions keep going strong in July

- August 5, 2022
Profit levels are rising even with high inflation and increasing interest rates. This has prompted many dealerships to merge or completely acquire others. July was a hot month for dealership...
Daily Automotive News Articles
Toyota

Toyota profits shrink 43% due to ongoing supply chain shutdowns

- August 5, 2022
Toyota's profit fell 43% (578.66 billion Yen) in the last three months due primarily to supply chain issues. Last year, Toyota earned an average of 997.4 billion Yen or $7.48...
Articles Headlines
Lordstown

Lordstown Motors announces first profitable quarter thanks to sale of assets

- August 5, 2022
Yesterday, Lordstown Motors announced its first profitable quarter of $61.3 million, but not from selling electric vehicles. After selling some of its assets, including its Ohio production plant, to Taiwanese manufacturer Foxconn, Lordstown...
Articles Headlines
Fisker

Fisker to start production on 56,000 Ocean EV SUV reservations later this year

- August 5, 2022
California electric vehicle startup, Fisker, announced that they have 56,000 reservations for its newest vehicle, the Ocean EV SUV. According to Fisker's second quarterly earnings, they suffered a loss per share...
Articles Headlines
Stellantis

Stellantis invests $99 M into North American hybrid vehicle production

- August 4, 2022
Automaker Stellantis is reportedly investing a total of $99 million in three North American plants to produce turbo engines for its new hybrid vehicle models.  The state of Michigan will receive most of...
Articles Headlines
carmakers

Carmakers say pending climate action bill presents more barriers than opportunities

- August 4, 2022
Carmakers, including Ford, General Motors, and Toyota, are unhappy with the new pending clean energy bill since it might disqualify many of their vehicles and customer base from taking advantage of...
Articles Headlines

Latest Articles
Latest Articles 04/04/26

Weekly roundup: Stellantis to add 10k jobs, GM leads in Q1 2026 sales, Federal judge partially allows lawsuit against VW to proceed
Latest Articles 04/03/26

White House revises metals tariffs, Stellantis eyes Canada EVs with Leapmotor, NHTSA considers ban on faulty Chinese airbags

Ed Morse Automotive Group acquires Porsche Des Moines in Iowa
Latest Articles 04/03/26

Ed Morse Automotive Group acquires Porsche Des Moines in Iowa

GM to invest more than $150 million in Saginaw Metal Casting Plant
Latest Articles 04/03/26

GM to invest more than $150 million in Saginaw Metal Casting Plant

White House revises metals tariffs, shifts calculation method
Latest Articles 04/03/26

White House revises metals tariffs, shifts calculation method

Stellantis explores EV production in Canada with China’s Leapmotor
Latest Articles 04/03/26

Stellantis explores EV production in Canada with China’s Leapmotor

NHTSA weighs U.S. ban on defective Chinese airbag components
Latest Articles 04/03/26

NHTSA weighs U.S. ban on defective Chinese airbag components

Toyota bets on EV rebound with seven-model U.S. lineup
Latest Articles 04/03/26

Toyota bets on EV rebound with seven-model U.S. lineup

Affordability takes center stage at the 2026 NY Auto Show
Latest Articles 04/03/26

Affordability takes center stage at the 2026 NY Auto Show

Legal battles reshape car sales
Latest Articles 04/03/26

Legal battles reshape car sales


CBT News
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