Top stories
GM secures largest renewable energy deal to power three U.S. assembly plants. Read More
Ford unveils 2025 Lincoln Navigator with 48-inch front display and spa-like ‘sanctuary’ mode.
July sees surge in retail used vehicle sales, rising 27.6% month-over-month. Read More
Maryland launches FY25 EV charger rebate program covering up to 50% of costs. Read More
Featured Interview
How dealers can build a better customer experience through employee-centric leadership – Blake Morgan
Businesses are coming to understand that it’s not just about the products or services they offer or how superior they are. Customer experience is now more critical than ever. Keynote speaker, customer experience futurist, and author Blake Morgan, joins us on today’s episode of CBT Now to share insights about what companies need to know about today’s customers. Watch the full segment here.
Automotive Ventures invest $3.7 million in Chaiz to revolutionize vehicle protection
I’m excited to share Automotive Ventures’ latest investment. We just made an investment into Chaiz, the first price comparison site to research, compare and purchase vehicle protection products 100% online. We were honored to participate in an oversubscribed $3.7M seed round. Watch the full segment here.
For Dealers
Weekly roundup: New vehicle prices drop for 10th month, UAW files charges against Trump and Musk, European automakers diverge on EVs and hybrids
Earlier this week: New vehicle prices dropped for the 10th consecutive month in July as buyers gained leverage amid high loan rates. UAW files NLRB charges against Trump and Musk for alleged worker intimidation. Europe’s automakers take diverging paths on EVs and hybrids. Auto credit availability declines for the fourth consecutive month as lenders tighten credit. Texan Attorney General sues GM for allegedly selling drier data without consent. Trump rallies supporters from Muask, as Tesla CEO defends EVs. Toyota shifts focus to a hybrid-only lineup, challenging the industry’s EV-only future. Read More
