Automotive News

Only 10 percent of Tesla owners leave the brand for another EV. Top choices include Rivian, Mercedes-Benz and BMW. The coming Cybertruck offers another reason to stay with Tesla, analysts say.

Congress needs to pass a spending bill before Sunday to avoid a shutdown. However, lawmakers remain at odds over the funding, with some House Republicans pushing for deep spending cuts that are unlikely to survive in the Democratic-controlled Senate.

The U.S. has avoided a recession thus far in 2023, thanks to consumer resiliency and a strong job market. However, industry economists are watching to see whether the UAW strike and other events will detract from growth — and how wholesale used-car prices may be affected.

Stellantis said it was ‘appalled' by UAW President Shawn Fain's accusations, and GM said it had banned a third-party contractor believed to be responsible for a hit-and-run that injured five striking workers.

Honda’s first new-era EV marks the beginning of the automaker’s ambitious push to hit half a million electric vehicle sales in North America by 2030.

Retail sales of new passenger vehicles industrywide will increase three percent to 1.98 million in September, the China Automobile Dealers Association predicted.