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

Penske Automotive reports its most profitable quarter to date

- July 28, 2022
Penske Automotive Group has reported its quarterly earnings for Q2 2022. According to a recent press release, Penske produced an all-time record for earnings this quarter. Earnings per share increased...
Articles Headlines
Mercedes-Benz

Mercedes-Benz raises full-year guidance due to strong Q2 performance and robust demand

- July 28, 2022
CEO of Mercedes-Benz AG, Ola Kallenis, recently discussed how the company has a healthy number of orders and demand, even with limited supply. Mercedes-Benz is rushing to produce high-quality vehicles, including...
Articles Headlines
Group 1

Group 1 Automotive Q2 revenues increase 14.3% compared to 2021

- July 28, 2022
Group 1 Automotive also reported its second quarterly earnings despite chain supply problems and inventory shortages. The total revenue for Q2 that Group 1 reported is $4.1 billion, a 14.3%...
Articles Headlines
net income

GM’s second-quarter net income decreases 39% from this time a year ago

- July 27, 2022
Despite revenue growth of 4.7% in the second quarter, General Motors on Tuesday announced a year-over-year decline in net income of almost 40% and stated that it anticipates better performance in the second...
Articles Headlines
loan

Dept. of Energy to loan $2.5 billion to GM and LG Energy Solution joint venture

- July 27, 2022
The Department of Energy's Advanced Technology Vehicles Manufacturing Program (ATVM) was created by Congress under the administration of former President George W. Bush and has been dormant since 2010, until now. Congress established...
Articles Headlines
ID.4 electric crossover SUV

Volkswagen begins US production of ID.4 Electric SUVs at Tennessee plant

- July 27, 2022
The ID.4 electric crossover SUV is now being produced at Volkswagen's manufacturing facility in Chattanooga, Tennessee. It's the company's first electric vehicle to be built in a North American factory.  As VW ramps up production,...
Articles Headlines

LG Chem deal will supply General Motors cathode material for 5 million EVs

- July 27, 2022
General Motors needs about 950,000 tons of cathode active materials (CAM) to reach its goal of becoming a carbon-neutral company by 2040. To get the 950,000 tons necessary to build electric...
Articles Headlines
Lordstown Motors

Exclusive: New Lordstown Motors CEO Edward T. Hightower shares major plans for EV fleet buyers

- July 26, 2022
Lordstown Motors has a new CEO and the announcement is making history. The electric vehicle startup appointed Edward T. Hightower into this role, making him the first black CEO of...
Daily Automotive News Featured
Hyundai and LG Energy Solution have revealed that construction of the factory in Georgia will commence in the second half of 2023.

Georgia gives $1.8 B in tax breaks to Hyundai to build first EV plant in US

- July 26, 2022
According to a signed agreement made public late last week, the state of Georgia and local governments will provide Hyundai Motor Group with $1.8 billion in tax breaks and other...
Articles Headlines

SEC once again subpoenas Tesla over Musk’s go-private tweet

- July 26, 2022
In a quarterly regulatory filing released on Monday, Tesla stated that the company has been served with a fresh subpoena by the U.S. Securities and Exchange Commission on June 13...
Articles Headlines

Latest Articles
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