Detroit 3 continue to pay health benefits for striking workers

Having the companies continue to cover health benefits beyond their contractual obligations spares the UAW an additional drain on its strike fund and avoids a potential backlash.

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Tesla's new base Model Y trim starts at just over $45,000

The single-motor variant starts at $45,630 with shipping — $3,750 lower than the previous base trim. It arrives on the heels of Tesla's mixed third-quarter sales report.

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After Q3 sales miss, Tesla's Cybertruck and Model 3 will fuel growth, analysts say

Fast-growing Tesla posted a rare quarter-on-quarter sales decline due to factory downtime. But better days are coming, analysts say, with the launch of Cybertruck and freshened Model 3 sedan

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Tesla reintroduces rear-wheel drive Model Y at lower price

The Model Y, a crossover that began deliveries in March 2020, is the company’s best-selling model. Tesla has tweaked prices several times since the beginning of the year.

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Incentive spending cuts likely for Detroit 3 amid strike

The UAW strike will prompt Ford, General Motors and Stellantis to pare back incentive deals for car shoppers, according to J.D. Power and Edmunds analysts. However, incentives are already low industrywide.

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Hyundai, Kia rack up more U.S. sales gains in September, Q3

Analysts expect U.S. light-vehicle sales to rise 13 to 14 percent in September and 15 to 16 percent for the third quarter as retail inventories improve and fleet shipments rebound.

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GM, Stellantis face $9.5 billion in U.S. fuel economy fines, according to industry letter

The proposal by President Joe Biden's administration to hike fuel economy standards through 2032 would cost General Motors $6.5 billion in fines and Stellantis $3 billion, according to a letter from the American Automotive Policy Council.

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