Chevy’s third Bolt recall, Tesla’s delivery decline, Mercedes’ adjust to challenging EV market

Top stories

Chevy issues third recall for Bolt EV and EUV diagnostic software. Read More

Tesla faces first back-to-back quarterly decline in deliveries. Read More

Mercedes-Benz adjusts strategy to address challenges in the EV market. Read More

Polestar faces revenue decline and increased losses. Read More

Featured Interview

On today's episode of Inside Automotive, we're diving into the red-hot automotive buy/sell market with Ryan Kerrigan.How retained earnings are driving the automotive buy/sell market – Ryan Kerrigan | Kerrigan Advisors
On today’s episode of Inside Automotive, we’re diving into the red-hot automotive buy/sell market with Ryan Kerrigan, Managing Director of Kerrigan Advisors. With projections showing potential for over 400 transactions this year, breaking all previous records, it’s clear that despite some dips in profit margins, the industry is alive with activity and investment. Join us as we explore the factors driving this unprecedented surge and what it means for dealerships nationwide. Watch the full segment here

Today's episode of Driving Solutions, Kathryn Schifferle Jim Press delved into the transformative potential of the commercial vehicle marketThe lucrative opportunities in the commercial vehicle market – Kathryn Schifferle and Jim Press
In a rapidly changing automotive landscape, the key to success lies in embracing new opportunities. In today’s episode of Driving Solutions, Kathryn Schifferle, the founder and Chief Vision Officer of Work Truck Solutions, and Jim Press, senior advisor of Work Truck Solutions and former President of Toyota NA and president/Vice-Chair of Chrysler, delved into the transformative potential of the commercial vehicle market. Their insights highlight how dealers can navigate current challenges and leverage emerging trends to drive profitability and growth. Watch the full segment here.

For Dealers

As cities expand dealerships must adapt to the changing mobility needs- Urbanization has led to changing preferences in vehicle ownership.The impact of urbanization on dealerships
As cities expand and urban living becomes the norm, dealerships must adapt to the changing mobility needs. Urbanization brings unique challenges and opportunities, from the rise of micro-mobility solutions to evolving service needs. As dealership owners and operators, understanding these trends and implementing effective strategies can make all the difference in staying ahead in this dynamic market. Read More

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CBT News
For over 11 years, CBT News has been informing and helping automotive retail professionals grow their businesses and thrive in their careers through an awarding-winning, on-demand streaming platform. With exclusive interviews featuring the biggest names in the industry, daily newscasts, up-to-date market data, and exclusive articles covering the latest trends, CBT News is your #1 source for auto industry news and content.

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