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GM, LG Solutions agree to $150 mln settlement, Volvo teams up with Daimler Truck, Incentives return despite high interest rates

Top stories

GM, LG agree on a $150 million relief settlement for Chevy Bolt EVs. Read More

Volvo, Daimler Truck plan a joint venture to amplify digital transformation. Read More

Incentives return, but high interest rates dampen appeal. Read More

Days supply increases month over month. Read More

Featured Interview

This episode of Inside Automotive, we dive into refining dealership operations through marketing automation with Marc LavoieHow dealerships can boost efficiency: A guide to marketing automation with Marc Lavoie | Puzzle Auto
Navigating the landscape of competitiveness and profitability is a perpetual challenge for managers. In this episode of Inside Automotive, we delve into strategies for refining dealership operations through the lens of marketing automation. Marc Lavoie, Founder of Autobahn Digital and Puzzle Auto, joins us to share his expertise and guidance. Watch the full segment here.

Stellantis may be the first of many struggling with higher labor costs due to UAW contracts. Our new company to watch is EMMA Systems.Stellantis faces labor challenges amid UAW contract fallout, spotlight on EMMA Systems in aviation technology
Welcome back to the latest episode of The Future of Automotive on CBT News, where we put recent automotive and mobility news into the context of the broader themes impacting the industry. Watch the full segment here.

For Dealers

New tariffs targeting Chinese EVs, batteries, solar cells, steel, aluminum, and medical equipment will be implemented gradually over 3 years. Bidens' admin imposed tariffs on Chinese EVs, Lotlinx's inaugural Quarterly Vincensus Report. Stay up to date with the latest industry news.

Automotive Weekly Round Up: Biden imposes tariffs on China, Mercedes-Benz Alabama plant workers vote to unionization
Earlier this week: The Biden administration announced new tariffs targeting Chinese electric vehicles, advanced batteries, solar cells, steel, aluminum, and medical equipment. Workers at the Mercedes-Benz Alabama plant are voting on whether to join the UAW. Massachusetts Attorney General is taking Uber and Lyft to court over allegations of misclassifying drivers as independent contractors. Lotlinx rolled out its inaugural Quarterly Vincensus Report. Honda has announced it is increasing its EV investment and software development to $65 Billion. Here’s a closer look at these top stories and more headlines to stay on top of this week’s automotive industry news. 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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