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 Staff Writer

Lordstown

Lordstown Motors left with $220 million as it struggles with manufacturing

- March 7, 2023
Lordstown Motors has revealed it has $220 million in cash as it looks to resume production after production was paused in February. The company, founded in 2018, has one vehicle in...
sales forecast

Volkswagen reveals strong sales forecast after last year’s success

- March 6, 2023
Volkswagen announced a strong sales forecast for 2023, anticipating revenue between 307 billion euros ($326 billion) and 331 billion euros ($352 billion). The news comes nearly a month after the German...
factory closure

Ford extends Lightning factory closure, production delayed over a month

- March 6, 2023
Ford Motor Co. announced that a factory closure stemming from a battery-related fire would last until March 13, over a month after production was halted. The fire broke at the Dearborn,...
consumer finances Zabritski

The evolution of auto consumer finances in the wake of economic headwinds

- March 3, 2023
With a possible recession on the horizon for the U.S., it is more important than ever for dealers to understand the status of consumer finances. Melinda Zabritski is the Senior...
Musk "master plan" investor day

Musk reveals phase three of “Master Plan” at Tesla Investor Day

- March 3, 2023
Earlier this week, Tesla CEO Elon Musk revealed the third act of his "Master Plan" at the automaker's annual Investor Day. Speaking to investors at the Tesla Gigafactory in Austin, Texas,...
Ford recall recalls

Ford recalls 98,500 vehicles, citing airbag issues in aging Ranger pickups

- March 3, 2023
In its second largest 2023 recall to date, Ford has revealed an issue affecting 98,500 Ranger pickups in the U.S. Reminiscent of previous recalls, Ford cited problems with airbag inflators in...
Schaubert, inclusion inclusive

Fixing the disconnect between dealers and fixed ops with inclusion

- March 2, 2023
Chris Schaubert, the Founder of Fixed Ops Solutions, joins Inside Automotive for another discussion on service department excellence. On this episode, Schaubert and host Jim Fitzpatrick discuss the ways in which dealers...
Record-breaking best-ever

Hyundai and Kia post record-breaking February sales

- March 2, 2023
In separate monthly reports, automakers Hyundai and Kia posted record-breaking sales numbers for February, reaching a combined total of 117,903 units. Hyundai sold 57,044 units last month, achieving a 9% increase...
performance evaluations

GM fires 500 employees, cites performance evaluations

- March 2, 2023
General Motors is unexpectedly terminating 500 staff members after concluding a round of performance evaluations. These terminations seemingly conflict with recent statements made by the brand's leadership. In January, CFO Paul...
repossession

Ford patent uncovered for computer controlled repossession system

- March 1, 2023
A patent was published last week detailing a Ford-created repossession system that could take control of a vehicle in the event of auto loan delinquency. Although it was submitted in 2021,...


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