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

tax credit

Federal EV tax credit renewals are stuck in limbo

- June 30, 2022
There has been much talk between members of Congress, OEMs, and other automotive retail professionals about electric vehicle tax credits. At the moment, there are many disagreements about what to...

Federal Trade Commission aims to reduce deceptive practices at car dealerships with new proposal

- June 30, 2022
The Federal Trade Commission is stepping in as the U.S. auto market continues to see rising prices for both used and new vehicles due in part to, current inventory shortages. According...

Lithia Motors purchases 9 dealerships in South Florida

- June 30, 2022
Lithia Motors purchased nine dealerships from Lehman Auto World with the help of Haig Partners LLC, a well-known buy/sell advisor. Haig Partners represented the sell-side of the transaction. Lenham Auto...

New vehicle quality dips sharply, J.D. Power Study reveals

- June 30, 2022
J.D. Power's 2022 Initial Quality Study, which was recently published, showed a sharp decline in newly built cars in 2022, 11% to be exact. This surprising number is concerning key...
EV

Tesla shrinks headcount again, lays off 200 Autopilot employees

- June 30, 2022
Tesla has laid off more employees this week. 200 employees, who were training the company's Autopilot AI system were let go. This is part of the ongoing efforts by the...

Cox Automotive shifts 2022 sales forecast due to ongoing supply issues

- June 29, 2022
According to the Cox Automotive June sales estimate, U.S. new vehicle sales are expected to be constricted due to the lack of supply that continues to hamper the industry. The...

Ford announces safety recall of 2,900 F-150 Lightning trucks

- June 29, 2022
Earlier this week, Ford issued a safety compliance recall of about 2,900 units of the F-150 Lightning because of a software issue with the tire pressure monitoring system. No serious...

General Motors files patent for daisy chain EV charging using dual ports

- June 29, 2022
General Motors is surprising many key electric vehicle production industry players as they increase sales and produce interesting inventions and patents for electric batteries. GM is already known for its...

German authorities search for suspected defeat devices in Hyundai and Kia diesel vehicles

- June 29, 2022
Hyundai and Kia are under fire after massive allegations of fraud pertaining to their production. German authorities have raided and examined about eight buildings and factories belonging to these sister...

Ford ends lease buyout options for its electric vehicles

- June 28, 2022
Ford has baffled car buyers leasing Mustang Mach-E and F-150 Lightning by almost immediately changing the policy of their end-of-lease buyout program. According to Ford, this buyout program will phase...


CBT News
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