TSLA348.9963.376%
GM76.420-0.31%
F12.123-0.1175%
RIVN15.4300.19%
CYD42.780-0.06%
HMC24.040-0.33%
TM210.640-0.5%
CVNA336.2439.313%
PAG156.1200.97%
LAD273.1006.56%
AN200.5200.1%
GPI338.1400.03%
ABG204.0001.95%
SAH68.0600.235%
TSLA348.9963.376%
GM76.420-0.31%
F12.123-0.1175%
RIVN15.4300.19%
CYD42.780-0.06%
HMC24.040-0.33%
TM210.640-0.5%
CVNA336.2439.313%
PAG156.1200.97%
LAD273.1006.56%
AN200.5200.1%
GPI338.1400.03%
ABG204.0001.95%
SAH68.0600.235%
TSLA348.9963.376%
GM76.420-0.31%
F12.123-0.1175%
RIVN15.4300.19%
CYD42.780-0.06%
HMC24.040-0.33%
TM210.640-0.5%
CVNA336.2439.313%
PAG156.1200.97%
LAD273.1006.56%
AN200.5200.1%
GPI338.1400.03%
ABG204.0001.95%
SAH68.0600.235%


Retail Automotive

Scout Motors

VW’s Scout Motors reveals an electric SUV and truck with extended-range gas option

- October 25, 2024
On Thursday, Volkswagen's Scout Motors unveiled its concept electric SUV and truck, announcing extended-range versions that include a small gasoline engine to address U.S. drivers' concerns about recharging. The full...
wind tunnel

Stellantis invests $29.5M in wind tunnel tech to boost EV range for Jeep, Dodge, and Ram

- October 25, 2024
Stellantis has invested $29.5 million in advanced wind tunnel technology at its research and technical center in Auburn Hills, Michigan. This investment aims to improve the driving range of upcoming...
The U.S. gov't has approved a lithium mine in Nevada to disrupt China’s hold over the global supply of minerals needed for EV batteries.

U.S. greenlights major lithium mine in Nevada to challenge China’s supply chain dominance

- October 25, 2024
The U.S. government has approved the construction of a massive lithium mine in Nevada, aiming to disrupt China’s hold over the global supply of critical minerals needed for electric vehicle...
New vehicle sales for October 2024 are projected to increase compared to September despite maintaining the same SAAR of 15.8 million.

October new vehicle sales expected to rise by 10% amid steady market trends

- October 25, 2024
In October 2024, new vehicle sales are expected to rise by 10% compared to September, while maintaining a seasonally adjusted annual rate (SAAR) of 15.8 million. This increase in sales...
leasing

Affordability and leasing trends dominate Q2 2024 – Melinda Zabritski | Experian 

- October 25, 2024
As the automotive market undergoes significant transformations, affordability remains a critical issue for consumers. However, emerging trends in leasing and cash transactions offer a positive outlook. In the latest episode...
Must-see innovative startups and tech at NADA 2025

The rise of BYD: how Chinese automakers are reshaping the global auto market

- October 25, 2024
Welcome back to the latest episode of The Future of Automotive on CBT News, where we put recent automotive and mobility news into the context of the broader themes impacting...
Tesla reported a strong net income of $2.2 billion for the third quarter, reflecting a 17% increase compared to the same period last year.

Tesla posts robust Q3 earnings with $2.2B net income

- October 24, 2024
Tesla reported a strong net income of $2.2 billion for the third quarter (Q3), reflecting a 17% increase compared to the same period last year. The company's total revenue for...
Hyundai has reported a 7% drop in Q3 operating profit, citing a slowdown in demand & increased competition in the global auto industry

Hyundai warns of slowing demand and rising competition amid 7% drop in Q3 profit

- October 24, 2024
Hyundai Motor has reported a 7% drop in third-quarter operating profit, citing a slowdown in demand and increased competition in the global auto industry. The company posted an operating profit...
Lithia Motors successfully reduced expenses and anticipates saving an additional $100 million in 2025, increasing the total savings.

Lithia Motors surpasses cost-cutting target, achieves $200M in savings

- October 24, 2024
According to COO Adam Chamberlain, Lithia Motors successfully reduced expenses by $200 million by the end of the third quarter, surpassing its original cost-cutting target by $50 million. The initiative,...

Lawmakers pressure Stellantis, Tesla reports $2.2B Q3 profit, Hyundai faces 7% earnings drop

- October 24, 2024
Top stories Lawmakers urge Stellantis to honor UAW investment commitments amid rising tensions. Read More Tesla posts robust Q3 earnings with $2.2B net income. Read More Hyundai warns of slowing demand and rising...


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