TSLA348.750-6.06001%
GM86.2700.09%
F13.870-0.08%
RIVN16.070-0.73%
CYD38.210-2.18%
HMC31.8600.53%
TM194.4802.48%
CVNA74.040-0.05%
PAG217.010-0.84%
LAD370.360-0.68%
AN200.0901.34%
GPI263.9501.91%
ABG211.6200.95%
SAH79.6800.39%
TSLA348.750-6.06001%
GM86.2700.09%
F13.870-0.08%
RIVN16.070-0.73%
CYD38.210-2.18%
HMC31.8600.53%
TM194.4802.48%
CVNA74.040-0.05%
PAG217.010-0.84%
LAD370.360-0.68%
AN200.0901.34%
GPI263.9501.91%
ABG211.6200.95%
SAH79.6800.39%
TSLA348.750-6.06001%
GM86.2700.09%
F13.870-0.08%
RIVN16.070-0.73%
CYD38.210-2.18%
HMC31.8600.53%
TM194.4802.48%
CVNA74.040-0.05%
PAG217.010-0.84%
LAD370.360-0.68%
AN200.0901.34%
GPI263.9501.91%
ABG211.6200.95%
SAH79.6800.39%


OEM news

Expert insights on the dynamics of EV sales: comparing direct-to-consumer and traditional dealership models in the electric vehicle market.

Future of EV sales: direct-to-consumer vs franchise dealers — Matt VanDyke | Shift Digital

- November 30, 2023
In recent years, the retail automotive industry has seen dramatic changes in the ways consumers shop for and purchase electric vehicles (EVs), challenging the traditional franchised model with direct-to-consumer sales....
Despite this setback, GM remains optimistic, planning to cover the costs of its new contract with the UAW and even increase its dividend.

GM reports $1.1 billion hit from UAW strike but raises dividend, adjusts financial outlook

- November 29, 2023
General Motors (GM) has reported a significant financial impact from the recent six-week strike by autoworkers, with pretax earnings suffering a $1.1 billion loss, according to The Associated Press. Despite this...
GM's Mary Barra expressed her concerns, noting that the automaker's latest offer is the most generous proposal in the OEM's history.

GM’s Mary Barra responds to UAW strike: ‘I’m extremely frustrated and disappointed’

- September 15, 2023
Early Friday morning, General Motors CEO Mary Barra shared her reaction to the United Auto Workers union strike with CNBC's Phil Lebeau during an episode of "Squawk Box."   Barra expressed her...
At 10:00 p.m., over 40,000 viewers watched UAW president Shawn Fain on Facebook live as he laid out the preliminary strike strategy.

It’s official—the UAW is on strike

- September 15, 2023
Mere hours before the United Auto Workers’ contract deadline midnight on Thursday, General Motors increased its wage offer to 20% from 18%. Though, it wasn’t enough to placate UAW chief...
Opting for strikes at individual plants and factories may be more cost-effective for the United Auto Workers (UAW) union.

UAW considering smaller-scale, targeted strikes as deadline approaches

- September 13, 2023
United Auto Workers (UAW) union leaders face a critical juncture as Thursday's strike deadline approaches fast. According to reports from the Associated Press, if contract agreements fail, the union is...
Hypercasting involves injecting molten aluminum alloy into molds to shape the vehicle's frame, a process Tesla first adopted in 2020.

Hyundai introduces “hypercasting” to rev up EV production

- September 13, 2023
Hyundai is now incorporating "hypercasting" into its electric vehicle (EV) production, echoing Tesla's Giga Casting technique. As reported by Korean newspaper Hankyung, hypercasting involves injecting molten aluminum alloy into molds...
The Foundation’s legal notice informs autoworkers of their rights, including their right to rebuff the UAW strike order and keep working.

National Right to Work Foundation issues legal notice to employees of Big Three automakers as UAW strike looms

- September 12, 2023
The National Right to Work Legal Defense Foundation has released a legal notice to thousands of autoworkers who may be impacted if United Auto Workers (UAW) union officials issue a...
The automotive industry is undergoing an upheaval By 2030, Software-Defined Vehicles

Software-defined vehicles could generate over $650 billion for the auto industry

- September 11, 2023
The automotive industry is undergoing an upheaval as two previously distinctive industries- automotive and technology- converge quickly. By 2030, Software-Defined Vehicles (SDV) are expected to contribute 15 to 20% of...
August vehicle sales rise 17% YoY, nearing 18% forecast. Honda shines, but market softening signs emerge. OEMs eye future incentives.

August U.S. vehicle sales: signs of a market slowdown?

- September 11, 2023
August, traditionally a significant month for car sales, has offered the auto industry a mixed bag of data. While there's notable year-over-year growth of 17%, there are signs that the...
Hyundai and LG Energy Solutions announced plans to invest an additional $2 billion and hire 400 more employees to produce batteries at the automaker's massive U.S. electric vehicle plant in Georgia, which is currently under construction.

Hyundai and LG will invest an additional $2 billion at Georgia EV plant

- September 5, 2023
Hyundai and LG Energy Solutions announced plans to invest an additional $2 billion and hire 400 more employees to produce batteries at the automaker's massive U.S. electric vehicle plant in...


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