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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

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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...
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...

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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....
Selling your dealership can be daunting, whether you're planning to retire, shift industries, or capitalize - Sheldon Sandler joins us.

10 essential tips for successfully selling your dealership– Sheldon Sandler |...

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In today’s competitive automotive market, selling your dealership can be daunting, whether you're planning to retire, shift industries, or capitalize on favorable market conditions....
Car subscription services are gaining traction as an alternative to traditional car ownership models by offering flexibility and convenience

Car subscription services: A new model for car ownership

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Car subscription services are gaining traction as an alternative to traditional car ownership models by offering flexibility and convenience in an all-inclusive package. Here,...
U.S. Energy Secretary Jennifer Granholm said the U.S. DOE is swiftly finalizing $1.7 billion in grants to convert plants for EV production

U.S. Energy Department races to finalize $1.7 billion in EV plant...

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U.S. Energy Secretary Jennifer Granholm said on Tuesday that the U.S. Department of Energy is moving swiftly to finalize $1.7 billion in grants to...
During a rally on Oct. 22 in Greensboro, North Carolina, Donald Trump highlighted his proposal to offer tax breaks for purchasing vehicles

Trump proposes tax breaks for U.S.-made car purchases as election nears

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During a rally on Oct. 22 in Greensboro, North Carolina, Donald Trump highlighted his proposal to offer tax breaks for purchasing vehicles, but only...
According to the latest data from Cox Automotive, the U.S. electric vehicle market continues its rapid expansion, with new and used EV sales

U.S. electric vehicle market sees record growth as EV sales hit...

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According to the latest data from Cox Automotive, the U.S. electric vehicle (EV) market continues its rapid expansion, with both new and used EV...
GM exceeded Wall Street's earnings expectations in its third quarter, reporting a net income of $3.056 billion on revenue of $48.757 billion.

GM surpasses Wall Street Expectations with robust Q3 earnings

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General Motors (GM) exceeded Wall Street's earnings expectations in its third quarter, reporting a net income of $3.056 billion on revenue of $48.757 billion,...
Jeep has made its 2025 Grand Cherokee lineup more affordable for U.S. customers, with a starting MSRP of $37,035.

2025 Jeep Grand Cherokee is now more affordable, starting at $37,035

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Jeep has made its 2025 Grand Cherokee lineup more affordable for U.S. customers, with a starting MSRP of $37,035. This iconic premium SUV is...
Lucid Group raised $1.75 billion in a public offering on Wednesday, leading to its worst stock performance in nearly three years.

Lucid Group’s $1.75B public offering misinterpreted by investors, says CEO Peter...

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Lucid Group raised $1.75 billion in a public offering on Wednesday, leading to its worst stock performance in nearly three years. Despite the adverse...