Analysts expect to see car prices drop in the coming months as automakers overproduce in the face of declining demand.

Car prices in flux, may decline from overproduction, ‘price wars’

CBT News Staff Writer - June 5, 2023

Analysts expect to see car prices drop in the coming months as automakers overproduce in the face of declining demand. A report by UBS predicts that car manufacturers will build more...

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GM heavy-duty The move comes as GM invests approximately $390 million into the Fairfax facility to facilitate the production of the new Chevrolet Bolt EV.

GM plans to invest over $1 billion to produce the next generation electric pickups

Jaelyn Campbell - June 5, 2023

On June 5, General Motors announced its plans to invest more than $1 billion in two Michigan plants to produce its next-generation heavy-duty trucks. The investment includes $788 million to prepare its Flint Assembly plant to build...

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Stellantis, GM fined for failing to meet U.S. fuel economy requirements

Jaelyn Campbell - June 5, 2023

Stellantis and General Motors paid a total of $363 million in civil penalties for failing to meet U.S. fuel economy requirements for prior model years. The National Highway Traffic Safety Administration, which administers the Corporate...

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Reach customers in your neighborhood with these hyperlocal auto marketing strategies

Ben Stewart - June 5, 2023

As a dealer representative, you’ve probably heard of hyperlocal marketing in general. Hyperlocal marketing is important amongst services that often have a local presence, like a car dealership. When a...

Articles Sales & Marketing

In this article, we take a look at the fact and fiction surrounding electric vehicles, and if they are truly as eco-friendly as some claim

How ‘dirty’ are electric vehicles? The answer might surprise you

Liz Najman - June 5, 2023

Headlines and social media are filled with electric cars: the good, the bad, the controversial. However, one topic that remains elusive is the truth about how “green” electric vehicles really...

Articles Daily Automotive News

Many automakers now require their EV-selling dealerships to install EV charging equipment in preparation for their newest models.

Choosing the right EV charging equipment for auto dealerships

Mike Battaglia - June 5, 2023

Electric vehicles are making their way to dealer showrooms, and chances are that your customers are already requesting test drives and reservations. Many automakers now require their EV-selling dealerships to...

Daily Automotive News Publishing Partners

A probe into the NHTSA found systemic issues relating to defect investigations which officials claim could place U.S. drivers at risk

New report says NHTSA falls behind schedule, fails timeliness standards

CBT News Staff Writer - June 2, 2023

A probe into the National Highway Traffic Safety Administration's (NHTSA) ability to conduct investigations in a timely manner found systemic issues which officials claim could place U.S. drivers at risk. The...

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In a last-minute vote to prevent a devastating national default, the Senate approved a bill suspending the debt ceiling on Thursday evening.

Debt ceiling vote: default avoided but uncertainty remains

CBT News Staff Writer - June 2, 2023

In a last-minute vote to prevent a devastating national default, the Senate approved a bill suspending the debt ceiling on Thursday evening. Having now cleared the House and Senate, the bill...

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Strong May sales for Honda are the result of both high demand and rising supply

Jaelyn Campbell - June 2, 2023

May marked Honda's third consecutive monthly increase after a stretch of declines. Which was prompted by severe inventory shortages that resulted from tight microchip supplies and shipping issues. America Honda reported...

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VW unveiled its ID. Buzz for the U.S., deliveries set to begin next year

Jaelyn Campbell - June 2, 2023

The much-awaited North American version of VW's ID. Buzz electric microbus, which will begin delivery next year, has been unveiled. Similar to the two-row European specification, the new ID. Buzz version...

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Articles

Car prices in flux, may decline from overproduction, ‘price wars’

GM plans to invest over $1 billion to produce the next generation electric pickups

Stellantis, GM fined for failing to meet U.S. fuel economy requirements

Reach customers in your neighborhood with these hyperlocal auto marketing strategies

How ‘dirty’ are electric vehicles? The answer might surprise you

Choosing the right EV charging equipment for auto dealerships

New report says NHTSA falls behind schedule, fails timeliness standards

Debt ceiling vote: default avoided but uncertainty remains

Strong May sales for Honda are the result of both high demand and rising supply

VW unveiled its ID. Buzz for the U.S., deliveries set to begin next year

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