Top stories
GM revamps employee performance ratings to reward top talent and pressure low performers. Read More
Ford’s new speeding detection tech raises privacy concerns. Read More
July auto sales report: Honda, Hyundai, Mazda, and Subaru see growth; Toyota and Kia experience declines. Read More
Holman opens first VinFast dealership in South Florida. Read More
Featured Interview
AutoNation and U.S. Army forge partnership to open automotive career paths for veterans
In an exciting new development, AutoNation and the U.S. Army have teamed up to create career opportunities for soldiers transitioning from military service to civilian life. This innovative partnership is set to leverage the skills and discipline of veterans, providing them with a range of roles in the automotive industry. Joining us on the latest episode of CBT Now to tell us more about it is Lisa Esparza – Chief Human Resource Officer at AutoNation, and Antonio Johnson – U.S. Army PAYS Manager. Watch the full segment here.
Automakers face stock pressure and EV demand challenges amid shifting industry trends
Welcome back to the latest episode of The Future of Automotive on CBT News, where we put recent automotive and mobility news into the context of the broader themes impacting the industry. It’s been a tough quarter for many of the legacy automakers, and their stock prices have taken a hit as a result. Much of the pain continues to be caused due to the challenges anticipating consumer demand for electric vehicles and hybrids. But, many are also warning of softness in their traditional internal-combustion engine businesses as well. Watch the full segment here.
For Dealers
Weekly roundup: UAW endorses Harris, Fed keeps rates high, EVs secure market position:
Earlier this week: UAW endorsed Kamala Harris for president, the Federal Reserve maintains interest rates, in the 2024 market outlook report, EVs secure a permanent position as local dealerships face uncertainty, the U.S. delays tariff increases on Chinese imports, Tesla recalls 1.8 million vehicles due to a hood latch defect, Senators demand FTC probe into automakers’ self-driving data to brokers, automakers pivot strategies amid cooling EV enthusiasm and market challenges. Read More
