Colin Fitzpatrick has spent over 3 years at CBT News, where he leads social media and marketing strategy for the automotive industry. With a keen understanding of digital engagement and dealership communications, he helps deliver impactful content that connects with retail professionals.
New light-vehicle sales in July 2025 outpaced industry expectations, with a seasonally adjusted annual rate (SAAR) of 16.4 million units. This marks a 7.1% increase over June and a 3.7%...
General Motors achieved a new milestone in July, delivering over 19,000 electric vehicles in the U.S., a 115% year-over-year increase. The Chevrolet Equinox EV led the charge, accounting for more...
Tesla’s board approved a $23.7 billion stock award for CEO Elon Musk, granting him 96 million shares that vest in two years if he remains in a leadership role. This...
EVgo has secured a $225 million senior secured, non-recourse credit facility from five major banks, positioning the EV charging company to rapidly grow its national network by adding more than...
Foxconn, the Taiwanese electronics manufacturer best known for assembling Apple iPhones, has sold its former Lordstown, Ohio, manufacturing facility for $88 million to Crescent Dune LLC, a company it described...
As federal tax credits for electric vehicles begin to phase out, dealers across the country are bracing for a shift in consumer behavior and sales performance. In this episode of...
Hyundai Motor Co., Kia America and Genesis each posted record U.S. sales for July 2025, fueled by strong consumer demand for SUVs and electrified vehicles. Hyundai’s sales rose 15% year-over-year...
Ford Motor Co. is set to unveil a new “breakthrough” electric vehicle and platform on August 11 in Kentucky, signaling a renewed push into affordable EVs made in the U.S....
Renault has appointed Francois Provost as its new chief executive officer following the departure of Luca de Meo, who left to become CEO of Kering, the parent company of Gucci....
Ford Motor Co. reported record second-quarter 2025 revenue of $50.2 billion, up 5% year-over-year, driven by strength in its commercial Ford Pro unit and growing electric vehicle sales. However, the...