EV battery materials are in short supply — how are automakers responding?
EV experts are not hopeful that the shortages of rare earth metals used in EV batteries will improve in the next few years. More and more top players in the...
TSLA360.590-20.67001%
GM72.540-2.5%
F11.590-0.09%
RIVN15.4000.46%
CYD39.410-0.08%
HMC24.150-0.16%
TM207.010-2.66%
CVNA313.5481.45799%
PAG149.3400.18%
LAD251.8201%
AN197.680-0.29%
GPI329.450-1.34%
ABG194.7600.73%
SAH64.870-0.38%
TSLA360.590-20.67001%
GM72.540-2.5%
F11.590-0.09%
RIVN15.4000.46%
CYD39.410-0.08%
HMC24.150-0.16%
TM207.010-2.66%
CVNA313.5481.45799%
PAG149.3400.18%
LAD251.8201%
AN197.680-0.29%
GPI329.450-1.34%
ABG194.7600.73%
SAH64.870-0.38%
TSLA360.590-20.67001%
GM72.540-2.5%
F11.590-0.09%
RIVN15.4000.46%
CYD39.410-0.08%
HMC24.150-0.16%
TM207.010-2.66%
CVNA313.5481.45799%
PAG149.3400.18%
LAD251.8201%
AN197.680-0.29%
GPI329.450-1.34%
ABG194.7600.73%
SAH64.870-0.38%
About: CBT News
Consumer confidence rose in August thanks to moderated gas prices and inflation
Consumer confidence is on the rise following three straight months of declines. The good news is attributed chiefly to declining gas prices and an inflation rate that seems to have...
Ford seeks faster mineral mining permit process from federal government
Ford Motor Company is asking the federal government to expedite permits for critical mining, according to a filing submitted to the Department of the Interior earlier this week.
In a letter...
Toyota increases investment in N. Carolina battery plant by $2.5 billion
Toyota Motor Corporation announced that the company would increase investment in a new US battery plant in response to rising consumer demand for electric vehicles. Toyota will almost triple the...
Dept. of Energy grants University of Michigan $11 million to fund EV battery research
The US Department of Energy has awarded the University of Michigan an $11 million federal grant to fund research for ceramic, solid-state batteries for use in electric vehicles.
The grant will...
CBT automotive newscast: September 1, 2022
Inside Automotive:
Mid-year review of the buy/sell market and forecast for the remainder of 2022 — Erin Kerrigan
Welcome to this episode of Inside Automotive with anchor Jim Fitzpatrick. Today, we’re pleased...
Streamline your dealership’s recon to retail process with one user friendly platform
Welcome to another edition of Inside Automotive with anchor Jim Fitzpatrick. Today, we're joined by Hugh Hathcock, Owner and Founder of Velocity Automotive, Kalah Hathcock, Executive Vice President at Velocity...
How car dealers can structure their buy/sell deals for maximum success — Len Bellavia, Esq.
We know there are plenty of dealership buyers right now, and as we are all aware, it is a seller's market. Brokers are constantly making inquiries and telling car dealers...
ACV Auctions files lawsuit claiming competitors violated antitrust rules
Online auction company, ACV Auctions, has filed an antitrust lawsuit that alleges several companies in the physical auction sector conspired to hinder ACV's ability to compete in the market.
In a complaint filed...
Stellantis partners with the National Business League for Black supplier program
The National Business League and automaker Stellantis revealed they are partnering to launch a program to develop and support black-owned supplier companies. The National Black Supplier Development Program will assist businesses with development through education,...
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