CBT News | Automotive Industry | Dealership News
4 days ago · Vietnamese automaker VinFast is turning up the heat in 2024, offering a lease deal for its VF 8 SUV at $279 per month with $0 down. This move aims to attract U.S. consumers to its flagship electric vehicle, positioning it as one of the most …
California dealers vs. VW, Stellantis reverses layoffs, Musk vs.
Dec 23, 2024 · Top Stories CNCDA issues cease-and-desist against VW’s direct sales plans for Scout brand. Read More Stellantis u-turns on Ohio layoffs amid leadership challenges. Read More Musk vs. Congress: spending bill sparks dramatic showdown. Read More Nissan, Honda enter formal merger talks to create new industry giant. Read.More Featured Interviews Mastering objection handling with five principles ...
GM faces $5B restructuring hit, Tesla Cybertruck lease cuts, …
Dec 4, 2024 · Top stories GM takes $5B hit in restructuring China’s joint venture operations. Read More Tesla’s Cybertruck lease gets cheaper, but expect hidden costs. Read More Volkswagen faces escalating tensions as strikes loom over cost-cutting measures. Read More Mazda braces for U.S. tariffs and EV shifts. Read More Featured …
Stellantis, CATL to build $4.33B EV battery plant, VW strike talks ...
Dec 10, 2024 · Top stories CATL, Stellantis set to build $4.33 billion EV battery plant in Spain. Read More VW strikes stall as additional negotiations are scheduled. Read More U.S. ports experience surge in activity amid tariff fears and potential strike. Read More IIHS calls for lower speed limits in predestrian heavy areas. Read More Featured Interview Billy […]
Stellantis cuts jobs, Ford issues EV warning, GM & Ford face …
Oct 21, 2024 · Top stories Stellantis cuts jobs, ends Ram 1500 classic production, and closes Arizona Proving Grounds Read More Ford warns EV owners to stop using Tesla Supercharger adapters due to potential charging issues. Read More GM, Ford face investor scrutiny as EV losses persist and gasoline vehicle pricing power wanes. Read More Elon Musk offers $1M […]
U.S. EV market reveals substantial November growth
Dec 20, 2024 · The used EV segment also delivered growth, reaching 25,670 units–a 10.2% gain month over month and 61.3% year over year. The top-performing vehicles in this segment were th e Tesla Model 3, Tesla Model Y, and the Chevy Bolt.. In November, the used EV days’ supply decreased by 5.2% month over month, dipping to 45 days.
White House presses Stellantis on UAW, Ford launches F-150 …
Oct 17, 2024 · Top stories White House urges Stellantis to honor commitments to UAW after plant closures. Read More Ford offers dealers up to $22,500 to move F-150 Lightning inventory in new pilot program. Read More GM Partners with Lithium Americas for $625 million joint venture. Read More New vehicle affordability stalls in September despite lower loan rates. […]
Stellantis shipments decline, Tesla robotaxi plan hits hurdles, …
Oct 16, 2024 · Top stories Stellantis reports 20% drop in shipments, recalls hybrid SUVs over brake issue. Read More Tesla’s ambitious robotaxi Plan faces U.S. regulatory roadblocks. Read More Nissan launches nationwide EV charging network for Ariya owners. Read More Auto credit availability improves in September, reversing a five-month decline. Read More Featured Interview Cox Automotive’s Q3 Dealer […]
U.S. EV market on pace for record-breaking year as sales and …
Nov 25, 2024 · The U.S. electric vehicle (EV) market continues its momentum toward a record-breaking year, with October delivering notable growth in both new and used EV sales. While new EV prices edged lower and used EV prices approached parity with traditional vehicles, inventory dynamics, and transaction pricing painted a clearer picture of the market’s trajectory.
New car sales expected to grow in Jan., Independent probe …
Jan 30, 2024 · Inside Automotive How dealerships can more effectively manage inventory risks – Len Short | Lotlinx Dealerships are in a critical phase as discounts are being applied to aging car inventory. Len Short, the Chairman and CEO of Lotlinx, speaks with anchor Jim Fitzpatrick on the most recent episode of Inside Automotive about strategies dealers can use […]