CBT News celebrates the 2024 40 Under 40 award winners

CBT News Editorial Team - November 4, 2024

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...

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GM recently achieved a significant milestone by surpassing 300,000 electric vehicles (EVs) sold in the U.S. since 2016.

GM secures position as leading EV maker, surpassing 300,000 U.S. EV sales

Jaelyn Campbell - November 4, 2024

General Motors (GM) recently achieved a significant milestone by surpassing 300,000 electric vehicles (EVs) sold in the U.S. since 2016. This accomplishment solidifies GM's position as the second-largest EV seller...

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Volvo sales rose 3% in October due to the demand of EVs

Volvo’s October sales rise 3%, driven by strong EV demand

Jasmine Kiniklis - November 4, 2024

Today, Volvo Cars reported global sales of 61,686 units, marking a 3 percent increase year-over-year. Although the automaker faced declining sales in both the U.S. and China, the strong demand...

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Waymo secures $5.6 billion to expand its AV robotaxi services in major U.S. cities, competing with Tesla’s new Cybercab.

Waymo secures $5.6B to grow autonomous robotaxi services nationwide

Jasmine Kiniklis - November 4, 2024

Alphabet's autonomous vehicle Waymo, now valued at over $45 billion, has received a significant boost with a $5.6 billion funding injection. This substantial investment paves the way for Waymo to...

Headlines Autonomous Vehicles

Falling gas prices dip below $3, but economic woes may override political gains

Jaelyn Campbell - November 4, 2024

According to AAA, the national average for a gallon of gas has dipped to $3.13, down 5 cents from last week, 9 cents from last month, and 37 cents from...

Daily Automotive News Articles

Ford plans to pause production of its all-electric F-150 Lightning at it's factory in Detroit from November 18 to January 6.

Ford halts production of all-electric F-150 Lightning to tackle inventory challenges

Jaelyn Campbell - November 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,...

Headlines Articles

Ford's new NACs adapters will increase consumer convenience by allowing consumers to use Tesla Superchargers across the U.S.

Ford ships out new Tesla adapters to EV customers

Jasmine Kiniklis - November 1, 2024

Ford is rolling out a new NACS charging adapter to its customers, allowing them to plug in their electric cars at Tesla Superchargers and non-Tesla charging stations nationwide. The new...

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EV startup Rivian is reintroducing its “All-Electric Upgrade Offer,” which runs from now until November 30.

Rivian revives ‘all-electric upgrade’ offer with new terms until November 30

Jaelyn Campbell - November 1, 2024

EV startup Rivian is reintroducing its “All-Electric Upgrade Offer,” which runs from now until November 30. However, several key changes have been made to streamline the process for customers interested...

Headlines Articles

Hyundai and Kia drive double-digit sales surge in U.S. for October

Jasmine Kiniklis - November 1, 2024

This is the third consecutive month of growth, with both companies achieving double-digit increases. Hyundai and Kia are delivering record sales once again. Both automakers reported that they drove record U.S....

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Weekly roundup: NADA and dealer associations challenge Scout Motors, Ford and Stellantis report Q3 profits amid rising costs

CBT News Editorial Team - November 1, 2024

Earlier this week: NADA and state dealer associations set to challenge Scout Motors’ direct sales strategy. Ford sees $892M Q3 profit but faces challenges amid rising costs and EV losses....

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CBT News celebrates the 2024 40 Under 40 award winners

GM secures position as leading EV maker, surpassing 300,000 U.S. EV sales

Volvo’s October sales rise 3%, driven by strong EV demand

Waymo secures $5.6B to grow autonomous robotaxi services nationwide

Falling gas prices dip below $3, but economic woes may override political gains

Ford halts production of all-electric F-150 Lightning to tackle inventory challenges

Ford ships out new Tesla adapters to EV customers

Rivian revives ‘all-electric upgrade’ offer with new terms until November 30

Hyundai and Kia drive double-digit sales surge in U.S. for October

Weekly roundup: NADA and dealer associations challenge Scout Motors, Ford and Stellantis report Q3 profits amid rising costs

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