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Tesla reported $1.13 billion in net income for the January-through-March period as the effect of slow sales and price cuts cut into profits.

Tesla profits plummet in Q1, company accelerates new product development

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Tesla reported steep declines in first-quarter revenue and profit but rallied shareholders over promises of new products. The electric vehicle manufacturer reported revenue of $21.3 billion,...
Kevin Tynan joins Inside Automotive to share his insights into the key automotive industry trends impacting dealers in Q2.

Top automotive industry trends to track in Q2 — Kevin Tynan |...

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The automotive industry has already seen significant change in the short time since the start of the year, making it more important than ever for dealers...
General Motors posted strong first quarter earnings this week, offsetting declines in sales with better pricing.

General Motors profits rise in Q1, 2024 earnings forecast revised

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General Motors beat analyst estimates in its first quarter earnings report, scoring a significant profit boost despite seeing a decline in year-over-year sales. The Detroit automaker...

GM posts Q1 earnings, EV sales to rise, Stellantis cuts jobs

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Inside Automotive 6 key mental muscles for leaders in the dealership – Scott Mautz As a leader, it’s no secret that you’re going to face challenges,...
On this episode of Loyalty-Based Sales Strategies, Jen Suzuki shares a framework for improving engagement during your sales coaching.

Elevate and educate: taking your service and sales coaching to the...

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Welcome to another episode of Loyalty-Based Sales Strategies on CBT News with host Jen Suzuki, president of eDealer Solutions, sales coaching veteran, and NADA...
EVs are progressing at varying rates depending on their (rural, urban, suburban) location, resulting in a noticeable difference in the usage.

Suburban areas expected to house majority of EVs by 2030, report...

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The electrification of vehicles is progressing at varying rates depending on their (rural, urban, suburban) location, resulting in a noticeable difference in the use...
GM and Ford have reduced expenses and delayed investments to pursue profit growth while focusing on their primary gasoline-powered cars.

GM and Ford prioritize gasoline cars in Q1 amidst EV challenges

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The market eagerly anticipates the first-quarter results of two leading U.S. automakers, General Motors (GM) and Ford. Despite facing challenges such as a slowdown...

VW workers join UAW, Tesla cuts FSD price, new EV market...

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CBT Now Take back control of your dealership’s auto loan process On this episode of CBT Now, host Jim Fitzpatrick is joined by Steve Burke, CEO of Agora...

New car inventory levels, Nissan lowers profit forecast, states sue EPA

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Women Driving The Industry Jenell Ross celebrates 50 years at the helm of the nation’s only black woman-owned Buick, GMC, and Mercedes-Benz Dealership The Bob Ross Auto...
Stellantis recently prevented factory closures by paying a supplier $100,000. The supplier being MacLean-Fogg Component Solutions LLC.

Stellantis pays $100,000 to supplier to prevent factory closures in Indiana

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Stellantis recently prevented factory closures by paying a supplier $100,000. The supplier, MacLean-Fogg Component Solutions LLC, had threatened to cease shipping pinions and gears...