Rivian teases further expansion into commercial EV market
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...
TSLA433.5907.58%
GM79.7901%
F15.3250.395%
RIVN14.3900.17%
CYD59.0401.69%
HMC26.420-0.05%
TM190.0901.01%
CVNA70.1501.87%
PAG166.5901.86%
LAD283.0506.47%
AN191.7601.78%
GPI329.6303.45%
ABG190.0202.3%
SAH78.6900.53%
TSLA433.5907.58%
GM79.7901%
F15.3250.395%
RIVN14.3900.17%
CYD59.0401.69%
HMC26.420-0.05%
TM190.0901.01%
CVNA70.1501.87%
PAG166.5901.86%
LAD283.0506.47%
AN191.7601.78%
GPI329.6303.45%
ABG190.0202.3%
SAH78.6900.53%
TSLA433.5907.58%
GM79.7901%
F15.3250.395%
RIVN14.3900.17%
CYD59.0401.69%
HMC26.420-0.05%
TM190.0901.01%
CVNA70.1501.87%
PAG166.5901.86%
LAD283.0506.47%
AN191.7601.78%
GPI329.6303.45%
ABG190.0202.3%
SAH78.6900.53%
About: CBT News Editorial Team
High gas prices shrink gap between EVs and gas-powered cars in J.D. Power APEAL study
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 Q2 earnings miss estimates, used vehicle revenues increase 39%
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 and Stora Enso announce joint agreement to source battery materials from Nordic forests
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
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...
5 crucial qualities sales managers should look for when hiring salespeople — Matt Easton
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 offloads 75% of bitcoin holdings, Q2 revenue increases 42% YoY
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...
Ford steps up EV push with series of supplier agreements
Ford Motor Company announced on Thursday that it would purchase lower-cost lithium iron batteries from Chinese battery leader CATL for its electric pickup trucks and SUVs sold in North America.
Ford is also working on a...
AutoNation reports record quarterly earnings per share, new vehicle sales hindered by supply chain
Many auto dealer groups and OEMs are struggling to meet the demands of their customers as problems with the global supply chain continue. AutoNation, the country's number one auto retailer,...
GM, Ford request permit to deploy AVs without steering wheels
General Motors and Ford have separately requested exemptions from US safety regulators regarding deploying self-driving vehicles without steering wheels and brakes. Both OEMs seek to deploy 2,500 cars per year, the maximum permitted by law,...
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