TSLA391.060-3.4%
GM77.7200.08%
F14.1800%
RIVN17.090-0.71%
CYD44.720-1.15%
HMC28.7700.88%
TM179.7602.84%
CVNA70.6400.05%
PAG204.7504.35%
LAD339.1607.79%
AN209.0005.46%
GPI331.65012.25%
ABG226.6608.23%
SAH102.8103.08%
TSLA391.060-3.4%
GM77.7200.08%
F14.1800%
RIVN17.090-0.71%
CYD44.720-1.15%
HMC28.7700.88%
TM179.7602.84%
CVNA70.6400.05%
PAG204.7504.35%
LAD339.1607.79%
AN209.0005.46%
GPI331.65012.25%
ABG226.6608.23%
SAH102.8103.08%
TSLA391.060-3.4%
GM77.7200.08%
F14.1800%
RIVN17.090-0.71%
CYD44.720-1.15%
HMC28.7700.88%
TM179.7602.84%
CVNA70.6400.05%
PAG204.7504.35%
LAD339.1607.79%
AN209.0005.46%
GPI331.65012.25%
ABG226.6608.23%
SAH102.8103.08%

Tesla rescinds diversity claims, VW pursues AI, Group 1 wins big

Inside Automotive

David Lewis joins us on the latest episode of Inside Automotive, to explain what dealers need to know about the sales process.How returning to the basics can boost sales and customer satisfaction – David Lewis | David Lewis and Associates
There’s no better time than the start of a new year to focus on your sales process and strategy. But you may ask yourself, where do I begin? David Lewis, President and CEO of David Lewis and Associates, joins us on the latest episode of Inside Automotive. Lewis explains what today’s dealers need to know about the sales process, especially when the trial closes. Watch full segment here.

Top Stories

In its annual 10-K filing with the SEC, Tesla omitted multiple statements promoting diverse hiring practices and minority resource groups.

Tesla removed language concerning minority workers in its latest regulatory filing with the Securities and Exchange Commission (SEC), following comments from company CEO Elon Musk on Diversity, Equity, and Inclusion (DEI) initiatives. DEI refers to the general efforts of human resource departments and other hiring entities to improve inclusivity in the corporate world, typically accomplished by maintaining diverse workforces. Read More

With global technology firms, Volkswagen is discussing collaboration efforts to develop new AI-powered digital prototypes for features.With global technology firms, Volkswagen is discussing collaboration efforts to develop new AI-powered digital prototypes for features and goods. As per the company’s statement, Volkswagen has established a new ‘artificial intelligence lab’ to produce innovative product concepts, which may involve uniting with technology companies in China, North America, and Europe. Read More

Group 1 Automotive reported record-breaking revenue and profits for 2023 but expects to cut roughly 10% of its U.K. workforce.

Dealership conglomerate Group 1 Automotive reported record-breaking earnings for 2023 but expects to downsize its U.K. workforce in an effort to improve cost efficiency. The dealership group generated $17.9 billion in annual revenue, an increase of 10.2%, from sales of 363,222 new and used vehicles alongside substantial contributions from its financing and fixed-ops businesses. Read More

During the major snowstorm that swept across the nation in mid-January, EV drivers had to compete with significantly reduced range.During the major snowstorm that swept across the nation in mid-January, several news outlets reported that electric vehicle drivers had to compete with significantly reduced range and long lineups at public charging stations. While compared to a gasoline-powered car, operating an electric vehicle in frigid weather presents additional obstacles. Alternative methods may be used to lessen the difficulty of driving an EV in the cold. Read More

More from Daily Newscast
Stellantis revives supplier program, JD Power sees transparency gains, Hyundai expands robotics strategy

Stellantis revives supplier program, JD Power sees transparency gains, Hyundai expands robotics strategy

- July 16, 2026
Top Stories  Stellantis revives supplier rewards program to drive cost savings. Read More Pricing transparency raises OEM website satisfaction, JD Power finds. Read More Hyundai takes full control of Boston Dynamics as robotics...
Mexico targets USMCA tariffs, Volkswagen expands affordable EVs, Lucid denies bankruptcy rumors

Mexico targets USMCA tariffs, Volkswagen expands affordable EVs, Lucid denies bankruptcy rumors

- July 15, 2026
Top Stories  Mexico targets auto, steel tariffs as USMCA review puts North American trade in focus. Read More Volkswagen expands affordable EV lineup with new ID. Cross SUV. Read More Lucid denies bankruptcy,...
Volkswagen weighs more job cuts, Gordie Howe Bridge opens July 27, New-vehicle prices stay below $50K

Volkswagen weighs more job cuts, Gordie Howe Bridge opens July 27, New-vehicle prices stay below $50K

- July 14, 2026
Top Stories  Volkswagen weighs additional job cuts as restructuring expands. Read More Gordie Howe Bridge agreement clears path for faster U.S.-Canada trade, opening July 27. Read More New-vehicle prices remain below $50K as...
Stellantis Q2 shipments rise, Unifor reaches tentative Ford deal, Auto financing becomes easier

Stellantis Q2 shipments rise, Unifor reaches tentative Ford deal, Auto financing becomes easier

- July 13, 2026
Top Stories  Stellantis Q2 shipments rise 10% as North America leads growth. Read More Unifor reaches tentative 3-year labor agreement with Ford. Read More Auto financing becomes easier to obtain as credit availability...
CBT News
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.