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 […]
Ford tackles quality issues, GM and ChargePoint to add 500 fast ...
Dec 19, 2024 · Top Stories Ford’s warranty woes and recall troubles spur leadership changes. Read More GM and ChargePoint to install 500 Ultrafast Chargers nationwide by 2025. Read More Musk’s political ties and SEC probe add pressure as Tesla stock plunges. Read More Fed eases rates again but signals slower path ahead. Read More Featured Interviews How AI […]
CBT News | Automotive Industry | Dealership News
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Election 2024: What a Trump or Harris presidency could mean for …
Nov 5, 2024 · As Americans vote today, the automotive industry braces for potentially transformative impacts. Experts forecast significant regulatory changes, particularly concerning electric vehicle (EV) incentives, emissions standards, and trade agreements under either a Republican or Democratic administration. Whether it’s a shift in EV policies, a freeze on …
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.
Dealer Forward: How AI and automation are transforming sales
Nov 26, 2024 · Artificial intelligence (AI) and automation are revolutionizing the dealership landscape, especially in sales operations. On today’s episode of Dealer Forward, Mark Vickery, Associate Vice President of Performance Management at Cox Automotive, shares insights on how AI-driven tools like predictive analytics and automation are reshaping workflows and …
U.S. greenlights major lithium mine in Nevada to challenge China’s ...
Oct 25, 2024 · The U.S. government has approved the construction of a massive lithium mine in Nevada, aiming to disrupt China’s hold over the global supply of critical minerals needed for electric vehicle (EV) batteries. This Nevada mine, operated by Australian company Ioneer and funded by a $700 million federal loan, is set to become a cornerstone of Ford’s EV supply …
CBT News celebrates the 2024 40 Under 40 award winners
ATLANTA, Georgia (Nov. 04, 2024)— CBT News, the dealer community’s No. 1 resource for in-depth interviews and news coverage, is pleased to announce the honorees of this year’s 40 Under 40 awards, which recognizes excellence and success in today’s retail automotive professionals. The 40 Under 40 awards celebrate the emerging leaders in dealerships across the U.S. who …
CDK launches new certification program for dealership employees
Oct 8, 2024 · Austin, Texas – October 3, 2024 – CDK, the leading automotive retail software provider, announced the launch of its new software certifications and courseware.These are designed to equip dealership employees with the skills and credentials needed to excel in today’s rapidly evolving consumer vehicle purchase and service journey.. The comprehensive …
Ford halts production of all-electric F-150 Lightning to tackle ...
Nov 1, 2024 · Ford Motor Company plans to pause production of its all-electric F-150 Lightning at the Rouge Electric Vehicle Center in suburban Detroit from November 18 to January 6. This seven-week shutdown, which includes a scheduled holiday break, aims to address rising inventories and reduce losses associated with the electric pickup truck.