TSLA432.5206.51%
GM79.5400.75%
F15.3350.405%
RIVN14.4440.2244%
CYD58.3801.03%
HMC26.415-0.055%
TM190.1301.05%
CVNA71.0492.769%
PAG166.0001.27%
LAD281.2704.69%
AN190.8200.84%
GPI329.1502.97%
ABG189.9302.2101%
SAH78.8600.7%
TSLA432.5206.51%
GM79.5400.75%
F15.3350.405%
RIVN14.4440.2244%
CYD58.3801.03%
HMC26.415-0.055%
TM190.1301.05%
CVNA71.0492.769%
PAG166.0001.27%
LAD281.2704.69%
AN190.8200.84%
GPI329.1502.97%
ABG189.9302.2101%
SAH78.8600.7%
TSLA432.5206.51%
GM79.5400.75%
F15.3350.405%
RIVN14.4440.2244%
CYD58.3801.03%
HMC26.415-0.055%
TM190.1301.05%
CVNA71.0492.769%
PAG166.0001.27%
LAD281.2704.69%
AN190.8200.84%
GPI329.1502.97%
ABG189.9302.2101%
SAH78.8600.7%


About: CBT News Editorial Team

Carlos Tavares’s immediate demise was due to his ambitious sales and cost-cutting targets, which many board members deemed unrealistic.

Carlos Tavares removed after clashes over aggressive targets and cost-cutting strategies

- December 4, 2024
Carlos Tavares’s immediate demise was due to his ambitious sales and cost-cutting targets, which many board members deemed unrealistic and damaging to the company’s relationships with key stakeholders.  Sources close to...

GM faces $5B restructuring hit, Tesla Cybertruck lease cuts, Volkswagen CEO faces labor backlash

- December 4, 2024
Top stories GM takes $5B hit in restructuring China's joint venture operations. Tesla’s Cybertruck lease gets cheaper, but expect hidden costs. Read More Volkswagen faces escalating tensions as strikes loom over cost-cutting measures. Read...
GM has announced the recall of more than 132,000 trucks equipped with power-unlatching tailgates due to a potential safety hazard.

GM recalls over 132,000 trucks due to a tailgate malfunction

- December 3, 2024
General Motors (GM) has announced the recall of more than 132,000 trucks equipped with power-unlatching tailgates due to a potential safety hazard, according to a notice from the National Highway...

GM transfers Lansing Plant to LG, Judge upholds Musk’s $56B pay cut, Jaguar unveils all-electric ‘Type 00′”

- December 3, 2024
Top stories GM to transfer ownership of Lansing Battery Plant to LG Energy Solution. Judge reaffirms Elon Musk’s $56 billion pay package. Read More Jaguar unveils 'Type 00' concept with daring new...
The automotive industry was shocked by the recent resignation of Stellantis CEO Carlos Tavares; Joe Laham discusses the implications.

Stellantis dealer Joe Laham discusses the OEM’s leadership shakeup and the future of its brands

- December 2, 2024
The automotive industry was shocked by the recent resignation of Stellantis CEO Carlos Tavares, citing irreconcilable differences with the board. Joe Laham, President of Premier Companies, joins us on the...

Carlos Tavares resigns amid leadership disputes, VW workers strike in Germany, Tesla leads November’s global market

- December 2, 2024
Top stories Carlos Tavares resigns amid company struggles and leadership disputes. Read More VW workers stage strikes across Germany amid escalating labor dispute. Read More Tesla tops November global market with $1.1 trillion...

Weekly roundup: GM & Ford Face Tariffs, Newsom vs. Trump on EVs, Tesla-Rivian Lawsuit Near Settlement

- November 29, 2024
Earlier this week: GM and Ford brace for the impact of Trump's 25% import tariffs. Gov. Newsom and Trump go toe-to-toe over EV policy. Tesla and Rivian are close to...

Vehicle sales surge as consumer confidence hits new heights

- November 29, 2024
According to new data from Cox Automotive, the U.S. auto market is closing 2024 on a strong note. November sales maintained a seasonally adjusted annual rate (SAAR) of 16 million...
M&A

Retail auto M&A rises in Q3 amid lower profit margins

- November 29, 2024
Retail auto mergers and acquisitions (M&A) are picking up steam in 2024, even as dealership profitability normalizes from pandemic-era highs. According to Haig Partners, Q3 saw 92 rooftops change hands,...
On today’s episode of Inside Automotive, Hovik shares his strategy for EV success, the changing landscape, and what dealers can learn

Record-breaking EV sales: How San Tan Ford is leading the charge in EV adoption – Tim Hovik

- November 28, 2024
Previously aired October 14, 2024  In a time when many dealerships are struggling to move electric vehicles (EVs) off their lots, San Tan Ford in Arizona has managed to break national...


CBT News
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.