Today on CBTNews.com – Wednesday, March 6th, 2019:
Auto Industry Hits Some Headwinds in February with 2.8% Decrease in Sales – Karl Brauer, Autotrader & KBB
Top auto industry analysts have cited rising interest rates, import tariff costs, and cold weather as some of the reasons for February’s slow down in new vehicle sales. Here to talk to us more about February’s numbers is Karl Brauer, executive publisher for AutoTrader and Kelley Blue Book. Karl shares with us, his insight about this month’s winners, losers, and what dealers can expect as we head into March. Watch Now
Hyundai’s 5-year, 40 Billion Dollar Plan
This week, Hyundai Motor announced that it’s planning on allocating 45 trillion won ($40 billion USD) within the next five years to make significant technological advances, which includes about 20 trillion won ($17.7 billion USD) to research and development and 14 trillion won ($12.4 billion USD) to other upgrades. Part of the plan is to dedicate at least 3.3 trillion won ($2.95 billion) to electric vehicles and 2.5 trillion won ($2.2 billion) to advances like self-driving cars and connection technology. Read More
Leading Women In Automotive In 2019
With International Women’s Day approaching on March 8th, it’s only fitting that we look at how far we’ve come in the automotive industry with women in leadership roles. Though we are nowhere near where we should be, the industry is slowly modernizing their management styles. Read More
