Your #1 source for auto industry news and content


Tesla Solar Roof falls flat, Manchin vows legal action over EV tax credits, Ford launches scholarship program

Inside Automotive

John DevlinWhy Pennsylvania dealers are keeping an eye on OEMs and lawmakers – John Delvin | PAA
On this episode of Inside Automotive, host Jim Fitzpatrick is joined by John Devlin, President of the Pennsylvania Automotive Association (PAA) to discuss the state of his local car market and how dealers are handling OEM and legal challenges. Watch the complete segment here.

Top Stories

Tesla Solar Roof
Image Source: Tesla/Autoweek

Only 3,000 Tesla Solar Roof systems have been purchased in the U.S., despite the company’s target of 1,000 sales per week. The Solar Roofs are designed to look like shingles rather than traditional panels, which the EV brand also sells. According to a study published by energy research and consultancy firm Wood Mackenzie, Tesla installed an average of 21 units last year, although sales are increasing. Read More

ManchinSenator Joe Manchin has threatened legal action over upcoming rule changes to electric vehicle tax credits. In the coming weeks, the U.S. Treasury will announce guidance updates for EV battery and mineral sourcing requirements in the Inflation Reduction Act. The new rules will require 50% of the battery to be assembled in the U.S. and 40% of the materials to be procured domestically or in countries with whom the U.S. has a free trade agreement. Read More

EVgoEV charging network operator, EVgo, revealed its Q4 earnings for 2022. The company reports a narrower loss than expected as demand for chargers from customers boomed. Despite the revenue guidance for 2023 falling short slightly of Wall Street’s predictions, shares increased over 8% in pre-market trading on Thursday, March 30. Read More

Dearborn, Mich., Mar. 30, 2023 – Ford Motor Company Fund, the company’s philanthropic arm, is joining Ford dealers across four U.S. regions – Atlanta, Chicago, Dallas, and Phoenix – to provide a million dollars in scholarship funding to help students pursue careers as automotive technicians.  Read More

For Dealers

Weekly Roundup: Rivian fumbles, Manchin makes a stand, used car market updates
Earlier this week: Rivian’s stock dropped to its lowest, falling roughly 92% from the initial trading of $130 in 2021, used car prices declined 8.7% from February of 2022, while EVs have dropped 13.9%, EV startup Lucid plans to lay off roughly 1,300 employees, or 18% of its workforce, and more headlines to stay on top of this week in automotive industry news. Read More

5 consumer behavior models that can influence the car buying process
Think about the last time you purchased something. It could be food from the grocery store or a new phone, but your motives and needs are likely driving your decision. The same applies to customers who browse your inventory page or enter your showroom. Each has different reasons that motivate them to buy a car from you. Read More

Stay up to date on exclusive content from CBT News by following us on Facebook, Twitter, Instagram and LinkedIn.

Don’t miss out! Subscribe to our free newsletter to receive all the latest news, insight and trends impacting the automotive industry.

CBT News is part of the JBF Business Media family.

Jaelyn Campbell
Jaelyn Campbell
Jaelyn Campbell is a staff writer/reporter for CBT News. She is a recent honors cum laude graduate with a BFA in Mass Media from Valdosta State University. Jaelyn is an enthusiastic creator with more than four years of experience in corporate communications, editing, broadcasting, and writing. Her articles in The Spectator, her hometown newspaper, changed how people perceive virtual reality. She connects her readers to the facts while providing them a voice to understand the challenges of being an entrepreneur in the digital world.

Related Articles


Latest Articles

From our Publishing Partners