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

Ford reportedly laying off 8,000 employees in preparation for EV expansion — Bloomberg

- July 26, 2022
Ford is considering significant staff reductions as the automotive industry transitions to electric vehicles. Ford is preparing to lay off 8,000 salaried employees, or almost a quarter of its us...

CBT automotive newscast: July 26, 2022

- July 26, 2022
Inside Automotive: Exclusive: New Lordstown Motors CEO Edward T. Hightower shares major plans for EV fleet buyers Lordstown Motors has a new CEO and the announcement is making history. The electric vehicle...
Charlie Chesbrough

Will economic headwinds make a dent in dealer profitability? Charlie Chesbrough explains.

- July 25, 2022
As the automotive retail industry settles into the third quarter, analysts are reviewing mid-year sales data and updating their forecasts for the remainder of 2022. Today on Inside Automotive, we’re...
Rivian

Rivian teases further expansion into commercial EV market

- July 25, 2022
According to CEO RJ Scaringe, Rivian Automotive is working on a broader range of electric commercial cars in a variety of designs and anticipates producing millions of EVs annually at...
APEAL

High gas prices shrink gap between EVs and gas-powered cars in J.D. Power APEAL study

- July 25, 2022
The recently released J.D. Power 2022 U.S. Automotive Performance, Execution and Layout (APEAL) study revealed that battery electric vehicle owners are less satisfied with charge times and driving range than they...
Lithia Motors

Lithia Motors Q2 earnings miss estimates, used vehicle revenues increase 39%

- July 25, 2022
Leading automotive retailer Lithia Motors reported its second-quarter earnings late last week, just missing the estimates from Zack's Investment Research. New vehicle revenue reached just over $3.25 million, a 3.3%...
Northvolt

Northvolt and Stora Enso announce joint agreement to source battery materials from Nordic forests

- July 25, 2022
European markets are steadily moving from gasoline and diesel-powered vehicles to electric and environmentally friendly ones. To do this, companies are working together to locate and pursue raw material solutions. Volkswagen-backed...

CBT automotive newscast: July 25, 2022

- July 25, 2022
Inside Automotive: Will economic headwinds make a dent in dealer profitability? Charlie Chesbrough explains. As the automotive retail industry settles into the third quarter, analysts are reviewing mid-year sales data and updating...
sales managers

5 crucial qualities sales managers should look for when hiring salespeople — Matt Easton

- July 22, 2022
Are you a sales manager that has been tasked with hiring and recruiting top salespeople? Oftentimes, sales managers start out as excellent salespeople but are not given the proper training...
Tesla

Tesla offloads 75% of bitcoin holdings, Q2 revenue increases 42% YoY

- July 22, 2022
Tesla released its Q2 earnings earlier this week and exceeded analysts' expectations despite COVID-related closures at its Shanghai production facility. However, the quarter marked the end of Tesla's record revenue reporting. Revenue was...


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