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Automotive News Daily Drive

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Aug 3, 2024 • 21min

Aug. 3, 2024 | Weekend Drive: The fallout from Stellantis’ falling profits

Aug. 3, 2024 | Weekend Drive: The fallout from Stellantis’ falling profits by Automotive News
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Aug 2, 2024 • 26min

Aug. 2, 2024 | GM revises eval system; Honda, Subaru sales rise

Key announcements stir excitement in the automotive world, including an initiative to honor 100 influential women. General Motors is shaking up its employee evaluation process to better compete in the electric vehicle market. The leasing sector sees a revival, with lower payments attracting consumers amidst high vehicle costs. Loyalty trends are examined, emphasizing the importance of understanding shifting demographics in the post-pandemic landscape. Plus, insights into how Tesla's competition impacts talent retention in the industry.
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Aug 1, 2024 • 22min

Aug. 1, 2024 | Toyota profit up, Lithia earnings down; supplier executive freed

Aug. 1, 2024 | Toyota profit up, Lithia earnings down; supplier executive freed by Automotive News
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Jul 31, 2024 • 25min

July 31, 2024 | Toyota certification scandal widens; BYD eyes entry into Canada

Dive into the unfolding Toyota certification scandal, raising alarms about vehicle testing and data privacy. Meanwhile, BYD is setting its sights on the Canadian market, sparking debates on tariffs and industry dynamics. The financial struggles of Penske Automotive highlight broader challenges in the sector, while GM's push for flexible manufacturing showcases a pivotal shift between combustion and electric vehicles. The conversation also hints at an upcoming summit, brimming with opportunities for innovation and networking in the automotive realm.
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Jul 30, 2024 • 19min

July 30, 2024 | Stellantis offers white-collar buyouts; Asbury sues CDK Global for data

July 30, 2024 | Stellantis offers white-collar buyouts; Asbury sues CDK Global for data by Automotive News
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Jul 29, 2024 • 20min

July 29, 2024 | Volvo stops sharing EV margins; going deep on the Corvette ZR1

July 29, 2024 | Volvo stops sharing EV margins; going deep on the Corvette ZR1 by Automotive News
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Jul 27, 2024 • 22min

July 27, 2024 | Weekend Drive: Wall Street’s rejection of Ford’s second quarter

July 27, 2024 | Weekend Drive: Wall Street’s rejection of Ford’s second quarter by Automotive News
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Jul 26, 2024 • 20min

July 26, 2024 | Maserati faces scrutiny; used-vehicle profit margins under pressure

Maserati is under scrutiny as they grapple with sales challenges and financial losses within Stellantis. The used vehicle market faces pressure, prompting a closer look at profitability. Excitement builds around the 2025 Corvette ZR1, boasting a whopping 1,064 horsepower. Meanwhile, a new mobile car care platform, Kirby, aims to revolutionize service operations for dealerships, drawing inspiration from Tesla's innovative maintenance strategies. It's a dynamic time for the automotive industry, with shifts in technology and market trends.
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Jul 25, 2024 • 20min

July 25, 2024 | Warranty costs dent Ford margins; Stellantis profits fall almost by half

July 25, 2024 | Warranty costs dent Ford margins; Stellantis profits fall almost by half by Automotive News
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Jul 24, 2024 • 22min

July 24, 2024 | Alphabet bets $5 billion on Waymo; Tesla profit tumbles on lower sales

Alphabet is making waves with a massive $5 billion bet on Waymo, indicating a strong push for autonomous driving. Meanwhile, Tesla faces challenges as profits tumble due to declining sales. GM reports surprising profits, contrasting with Tesla's struggles, yet fears surrounding the Chinese market loom large. The automotive industry is grappling with labor strikes and cyberattack repercussions, while automakers pivot strategies for electric vehicle production, aiming to adapt and innovate amid turmoil.

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