Josh Isley is a staff reporter for CBT News. Josh graduated from Auburn University with a Bachelor of Arts in Communication. He is experienced in reporting trends and news in the automotive industry.
Ford Motor Co. has announced plans to reveal its highly anticipated battery-electric pickup called the F-150 Lightning. The new EV will be introduced to the world at Ford’s world headquarters...
General Motors CEO Mary Barra experienced a pay raise in 2020. Barra remained the highest-paid CEO of the major Detroit automakers last year, earning $23.7 million, a 9.4% jump in...
Cheryl Miller, former CEO of AutoNation, has resigned from her position as CFO of JM Family Enterprises. Miller only spent three months in the role before making the decision to...
America’s largest automotive retailer, AutoNation Inc., is growing once again after it signed an agreement to acquire 11 stores and a collision center from Peacock Automotive Group based in Hardeeville,...
Lithia Motors Inc. is preparing to close a deal to acquire The Suburban Collection. As first reported by CBT News, plans for the transaction were made public on January 30,...
Used-vehicle retailer CarMax announced that it has signed a definitive agreement to acquire Edmunds, one of the most notable automotive research and vehicle-listing firms in the industry. CarMax had already...
Georgia-based Jim Ellis Automotive Group has acquired Mercedes-Benz of Atlanta South. The store was purchased on March 24 from Swickard Auto Group. Though terms were not disclosed, Jim Ellis plans...
This week, Cox Automotive released its Q1 2021 U.S. Auto Sales Webcast. The session covered a variety of industry topics including an update on the economy, market performance of new...
Mike Jackson, CEO of AutoNation is stepping down from his position as Chairman. Jackson will remain CEO of the retailer, as the company announced its decision to separate the roles...
Kimbal Musk, younger brother of Tesla CEO Elon Musk sold $25.56 million in shares of Tesla (TSLA). Kimbal Musk, who serves as a board member for the company, sold his...