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Slate Auto CEO expects company to be profitable by late 2027

Slate Auto CEO expects company to be profitable by late 2027

Chris Barman is tackling the biggest problem in the auto industry... vehicle affordability. (4 min. read)

Anna del Villar
Anna del Villar
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Fewer subprime borrowers got approved for auto loans in April

Fewer subprime borrowers got approved for auto loans in April

Credit access tightened across all sales channels in April compared to March. (2 min. read)

Marcus Amick
Marcus Amick
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Mercedes-Benz confirms GLC SUV will be built in Alabama starting in 2027

Mercedes-Benz confirms GLC SUV will be built in Alabama starting in 2027

Shifting GLC production to Alabama won’t happen overnight, but it’s a strategic move to ease tariff pressure over time. (2 min. read)

Marcus Amick
Marcus Amick
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Pablo River Partners acquires Bob Mayberry Hyundai in North Carolina

Pablo River Partners acquires Bob Mayberry Hyundai in North Carolina

CDG News Alert (1 min. read)

Anna del Villar
Anna del Villar
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Honda braces for $3B tariff expense

Honda braces for $3B tariff expense

CDG News Alert ( 1 min. read)

Anna del Villar
Anna del Villar
Daily NewsDaily News
U.S. and China agree to 90-day pause on most tariffs

U.S. and China agree to 90-day pause on most tariffs

CDG News Alert (1 min. read)

Anna del Villar
Anna del Villar
Daily NewsDaily News
Nissan doubles job cuts to 20,000, shrinking global workforce by 15% – report

Nissan doubles job cuts to 20,000, shrinking global workforce by 15% – report

The automaker is facing significant losses and rising debt liabilities. (2 min. read)

Anna del Villar
Anna del Villar
Daily NewsDaily News
Morgan Automotive Group CEO on tariff planning: ‘Things are dicey right now’

Morgan Automotive Group CEO on tariff planning: ‘Things are dicey right now’

“We're back in the ground and pound, fundamental, basic side of our business,” said Brett Morgan. (4 min. read)

Anna del Villar
Anna del Villar
Daily NewsDaily News
President Trump’s U.K. trade deal benefits luxury imports, delays relief for U.S. automakers

President Trump’s U.K. trade deal benefits luxury imports, delays relief for U.S. automakers

Lana Payne, national president of Unifor, Canada’s auto workers union, called the U.K. agreement a “backward move.” (3 min. read)

Marcus Amick
Marcus Amick
Daily NewsDaily News
Audi CEO is anticipating tariff clarity in the coming months

Audi CEO is anticipating tariff clarity in the coming months

CDG News Alert (1 min. read)

Anna del Villar
Anna del Villar
Daily NewsDaily News
Toyota projects $1.3B tariff shakeup for April and May alone

Toyota projects $1.3B tariff shakeup for April and May alone

The automaker's CEO says the current state of the auto industry “is in extreme flux.” (2 min. read)

Ash Savage
Ash Savage
Daily NewsDaily News
BMW-powered flying car is heading for mass production

BMW-powered flying car is heading for mass production

The vehicle/aircraft has 170 flight hours, more than 500 takeoffs and landings, and costs a cool $1 million. (3 min. read)

Marcus Amick
Marcus Amick